Viatris Inc (VTRS)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -623,200 | -951,700 | -640,000 | 84,800 | 202,900 | 2,526,800 | 2,552,100 | 2,608,400 | 2,813,200 | 1,140,400 | 912,800 | 304,400 | -664,400 | -1,474,000 | -1,432,300 | -1,193,200 | -721,200 | 427,500 | 371,700 | 299,600 |
| 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 |
| Pretax margin | -4.23% | -6.34% | -4.20% | 0.55% | 1.32% | 16.34% | 16.36% | 16.51% | 17.30% | 6.82% | 5.31% | 1.72% | -3.71% | -8.59% | -9.18% | -8.67% | -6.04% | 3.71% | 3.23% | 2.58% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-623,200K ÷ $14,726,100K
= -4.23%
The pretax margin of Viatris Inc fluctuated over the analyzed period, showing both positive and negative values. Generally, the pretax margin represents the company's efficiency in managing its expenses relative to its revenue before accounting for taxes.
From March 31, 2020, to September 30, 2021, the pretax margin was negative, indicating that the company's expenses were exceeding its pre-tax earnings during this period. This negative trend could imply challenges or inefficiencies in cost management or revenue generation.
However, starting from December 31, 2021, the pretax margin improved significantly, turning positive and reaching a peak of 17.30% on December 31, 2022. This positive trend continued until September 30, 2023, suggesting enhanced cost control and/or revenue growth strategies that contributed to improved profitability.
Subsequently, the pretax margin decreased moderately from March 31, 2023, to June 30, 2024, turning negative again. The negative values indicate that expenses exceeded pre-tax earnings during these quarters.
Overall, analyzing the pretax margin indicates varying trends in Viatris Inc's profitability over the analyzed period, reflecting fluctuations in the company's ability to manage expenses efficiently and generate revenue. Monitoring this metric over time can provide insight into the company's financial performance and management effectiveness.
Peer comparison
Dec 31, 2024