Viatris (VTRS) FY2024 results: revenue $14.7 billion, down 4.5% on the year
Viatris Inc. (VTRS) reported revenue of $14.7 billion for fiscal 2024, the year ended 31 December 2024, down 4.5% on the year before. Net income was -$634 million, and diluted earnings per share $-0.53. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.
Revenue
$14.7 billion
-4.5% on the year
FY2018FY2024
Operating margin
0.1%
5.0% a year earlier
FY2018FY2024
Net income
-$634 million
FY2018FY2024
Diluted EPS
-$0.53
FY2018FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
2,303
2,900
2,999
-20.6%
Capital expenditure
326
377
406
-13.5%
Free cash flow
1,977
2,523
2,593
-21.6%
Free cash flow margin
13.4%
16.4%
15.9%
Cash from investing
1,801
-864
1,474
Cash from financing
-4,330
-2,302
-3,878
Depreciation and amortisation
2,893
2,740
3,028
+5.6%
Share-based compensation
146
181
116
-19.1%
Buybacks
250
250
0.0
0.0%
Dividend per share
$0.48
$0.48
$0.48
0.0%
Diluted shares, weighted
n/a
1,207m
1,217m
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
18,636
20,467
21,072
-9.0%
Short-term borrowings
n/a
n/a
0.0
Debt
14,047
18,132
19,274
-22.5%
Operating lease liabilities
179
165
181
+8.4%
Other liabilities
8,639
8,921
9,494
-3.2%
Total liabilities and equity
41,501
47,686
50,022
-13.0%
Fixed assets
2,666
2,760
3,024
-3.4%
Goodwill
9,133
9,867
10,426
-7.4%
Intangible assets
17,071
19,181
22,607
-11.0%
Investments
38.0
37.0
35.3
+2.7%
Trading assets
55.5
49.3
42.6
+12.6%
Cash and equivalents
735
992
1,260
-25.9%
Receivables
3,221
3,700
3,814
-12.9%
Inventory
3,854
3,470
3,520
+11.1%
Other assets
4,727
7,629
5,293
-38.0%
Total assets
41,501
47,686
50,022
-13.0%
10-K for the year ended 31 December 2024, filed 27 February 2025: the filing.