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.