Viatris (VTRS) FY2022 results: revenue $16.3 billion, down 9.1% on the year
Viatris Inc. (VTRS) reported revenue of $16.3 billion for fiscal 2022, the year ended 31 December 2022, down 9.1% on the year before. Net income was $2.1 billion, and diluted earnings per share $1.71. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2023.
Revenue
$16.3 billion
-9.1% on the year
FY2018FY2022
Operating margin
9.9%
-0.2% a year earlier
FY2018FY2022
Net income
$2.1 billion
FY2018FY2022
Diluted EPS
$1.71
FY2018FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
2,999
3,017
1,232
-0.6%
Capital expenditure
406
457
243
-11.2%
Free cash flow
2,593
2,560
989
+1.3%
Free cash flow margin
15.9%
14.3%
8.3%
Cash from investing
1,474
-118
-301
Cash from financing
-3,878
-3,012
-606
Depreciation and amortisation
3,028
4,506
2,216
-32.8%
Share-based compensation
116
111
79.2
+4.7%
Buybacks
0.0
0.0
0.0
Dividend per share
$0.48
$0.33
n/a
+45.5%
Diluted shares, weighted
1,217m
1,209m
601m
+0.7%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
21,072
20,493
22,954
+2.8%
Short-term borrowings
0.0
n/a
n/a
Debt
19,274
23,088
25,839
-16.5%
Operating lease liabilities
181
201
230
-9.7%
Other liabilities
9,494
11,062
12,531
-14.2%
Total liabilities and equity
50,022
54,843
61,553
-8.8%
Fixed assets
3,024
3,189
3,460
-5.1%
Goodwill
10,426
12,114
12,347
-13.9%
Intangible assets
22,607
26,134
29,683
-13.5%
Investments
35.3
38.2
39.1
-7.6%
Trading assets
42.6
51.0
45.8
-16.5%
Cash and equivalents
1,260
701
844
+79.7%
Receivables
3,814
4,266
4,844
-10.6%
Inventory
3,520
3,978
5,472
-11.5%
Other assets
5,293
4,372
4,818
+21.1%
Total assets
50,022
54,843
61,553
-8.8%
10-K for the year ended 31 December 2022, filed 27 February 2023: the filing.