Viatris Inc (VTRS)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 54,700 | 1,310,200 | 1,518,200 | 1,735,000 | 2,078,600 | 1,324,900 | 1,096,800 | 336,800 | -1,269,100 | -1,505,200 | -1,985,700 | -1,707,400 | -669,800 |
| Revenue (ttm) | US$ in thousands | 15,426,900 | 15,465,600 | 15,601,900 | 15,800,100 | 16,262,700 | 16,728,300 | 17,186,700 | 17,647,700 | 17,886,300 | 17,168,200 | 15,603,700 | 13,757,100 | 12,518,600 |
| Net profit margin | 0.35% | 8.47% | 9.73% | 10.98% | 12.78% | 7.92% | 6.38% | 1.91% | -7.10% | -8.77% | -12.73% | -12.41% | -5.35% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $54,700K ÷ $15,426,900K
= 0.35%
The net profit margin of Viatris Inc has demonstrated variability in recent quarters. In Q4 2023, the net profit margin was 0.35%, a substantial decrease from the preceding quarter's 11.84%. This sharp decline indicates a significant reduction in the percentage of revenue retained as profit in the most recent quarter. In the earlier quarters of 2023, the net profit margin remained relatively stable, ranging between 11.88% and 12.05%. This stability suggests that the company was able to maintain a consistent level of profitability during that period. Comparing these figures to the net profit margins in 2022, there was a noticeable improvement over the year, with Q4 2022 reporting a net profit margin of 12.78%, significantly higher than the rest of the quarters. Overall, while the company experienced fluctuations in net profit margins in 2023, the general trend indicated a positive performance, especially when compared to the previous year.
Peer comparison
Dec 31, 2023