Viatris Inc (VTRS)

Operating return on assets (Operating ROA)

		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
Operating income (ttm)	US$ in thousands	766,200	1,019,400	1,127,800	1,307,300	1,614,900	1,738,600	1,536,100	939,600	-34,000	-837,500	-843,700	-661,700	-123,200
Total assets	US$ in thousands	47,685,500	48,742,600	48,695,200	49,290,200	50,022,200	48,662,600	51,125,100	53,466,900	54,842,800	56,070,400	57,984,100	58,979,200	61,553,000	11,413,000	11,411,800	0
Operating ROA		1.61%	2.09%	2.32%	2.65%	3.23%	3.57%	3.00%	1.76%	-0.06%	-1.49%	-1.46%	-1.12%	-0.20%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $766,200K ÷ $47,685,500K
= 1.61%

To analyze Viatris Inc's operating return on assets (operating ROA) based on the provided data, we observe a decreasing trend in operating ROA over the last eight quarters. The operating ROA decreased from 4.14% in Q3 2022 to 2.06% in Q4 2023, indicating a decline in the company's ability to generate operating income from its assets.

This downward trend suggests that Viatris Inc may be facing operational challenges or inefficiencies in utilizing its assets to generate profits. The decreasing operating ROA could raise concerns among investors and stakeholders regarding the company's profitability and operational performance.

Further analysis and investigation into the factors contributing to this declining trend in operating ROA are recommended to better understand the underlying issues impacting Viatris Inc's financial performance.