Viatris Inc (VTRS)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands -634,200 -883,300 -646,500 -56,100 54,700 1,831,500 1,854,200 1,904,100 2,078,600 803,600 760,800 167,700 -1,269,100 -1,921,100 -2,046,900 -1,728,300 -669,900 266,400 270,500 62,600
Revenue (ttm) US$ in thousands 14,726,100 15,022,500 15,226,400 15,348,400 15,414,100 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 11,946,000 11,514,300 11,503,900 11,624,200
Net profit margin -4.31% -5.88% -4.25% -0.37% 0.35% 11.84% 11.88% 12.05% 12.78% 4.80% 4.43% 0.95% -7.10% -11.19% -13.12% -12.56% -5.61% 2.31% 2.35% 0.54%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-634,200K ÷ $14,726,100K
= -4.31%

The net profit margin of Viatris Inc has experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The net profit margin started at 0.54% in March 2020, increased to 2.35% by June 2020, and remained relatively stable around 2% for the following quarters. However, there was a significant decline in profitability by December 2020, with a negative net profit margin of -5.61%.

This negative trend continued into the next year, with further decreases in the net profit margin reported in March 2021, June 2021, September 2021, and December 2021. The company's net profit margin reached its lowest point at -13.12% in June 2021.

The financial performance improved in the following periods, with a positive net profit margin recorded in the first half of 2022. The net profit margin continued to increase throughout 2022, reaching a peak of 12.78% by December 2022. However, there was a slight decline in profitability in the first quarter of 2023, followed by relatively stable net profit margins around 11-12% for the rest of 2023.

By the end of 2023, the net profit margin dropped to 0.35% before turning negative again in the first half of 2024. The negative trend persisted in the subsequent quarters, with net profit margins falling to their lowest point of -5.88% by September 2024.

Overall, despite fluctuations, Viatris Inc has managed to achieve positive net profit margins for certain periods, demonstrating improvements in profitability, although challenges leading to negative margins have also been observed. It is essential for the company to focus on sustainable growth strategies and cost management to maintain and improve its profitability in the future.