Viatris Inc (VTRS)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 10,100 766,200 1,614,900 -34,000 -210,800
Revenue US$ in thousands 14,739,300 15,426,900 16,262,700 17,886,300 11,946,000
Operating profit margin 0.07% 4.97% 9.93% -0.19% -1.76%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $10,100K ÷ $14,739,300K
= 0.07%

The operating profit margin of Viatris Inc has shown fluctuations over the years based on the provided data. It stood at -1.76% as of December 31, 2020, indicating that the company's operating expenses exceeded its operating income. This improved significantly to -0.19% by December 31, 2021, demonstrating some progress in controlling costs.

By December 31, 2022, the operating profit margin surged to 9.93%, reflecting a substantial increase in operational efficiency and profitability. However, in the following year, by December 31, 2023, the margin decreased to 4.97%, suggesting a slight decline in profitability compared to the previous year.

As of December 31, 2024, the operating profit margin was 0.07%, which was considerably lower compared to the peak in 2022. This indicates a need for Viatris Inc to closely monitor and manage its operating expenses to sustain and improve its profitability levels in the future.