VTRS
Viatris margins
- Stocks
- Healthcare
- NASDAQ: VTRS
- Margins
Viatris has its operating margin is negative at -0.6%, and its net margin is negative at -2.8%, alongside a gross margin of 34.8%, an operating margin of -0.6%, an EBITDA margin of 17.8%, and a net margin of -2.8%. Margin expansion was strongest in net margin, which increased by 21.8 percentage points. Gross margin had the strongest contraction, declining by 1.8 percentage points.
VTRS margin history
Over the last 3 years, Viatris recorded average margins of 37.84% gross, -6.38% operating, 10.75% EBITDA, and -10.99% net. Viatris's current performance shows that operating, EBITDA, and net margins are above their three-year averages and gross margin is below its three-year average.
VTRS margin expansion
The largest positive change was in net margin, up 21.8 percentage points. Operating margin also expanded by 17.8 percentage points and Ebitda margin also expanded by 21.3 percentage points, while gross margin contracted by 1.8 percentage points.
VTRS Gross margin
Viatris recorded an average gross margin of 37.84% across the last 3 years. Viatris currently reports a gross margin of 34.8%, 3 percentage points below its three-year average. Over the last 3 years, Viatris's gross margin peaked at 41.7% in Mar 2024 and reached a low of 34.4% in Mar 2026.
VTRS Operating margin
Viatris's operating margin averaged -6.38% in the last 3 years. Compared with its three-year average, Viatris's current operating margin is -0.6% and is 5.8 percentage points above its three-year average. Over the last 3 years, Viatris's operating margin peaked at 5% in Dec 2023 and reached a low of -21.5% in Mar 2025.
VTRS EBITDA margin
Over the last 3 years, Viatris had an average EBITDA margin of 10.75%. Against its three-year average, Viatris's EBITDA margin is currently 17.8%, 7.1 percentage points above its three-year average. Looking back over the last 3 years, Viatris's EBITDA margin reached 22.8% at its highest point in Dec 2023 and -4.2% at its lowest in Sep 2025.
VTRS Net margin
Over the last 3 years, the average net margin for Viatris was -10.99%. The latest net margin for Viatris is -2.8%, 8.2 percentage points above its three-year average. Viatris's net margin ranged from a low of -26.4% in Mar 2025 to a high of 0.4% in Dec 2023.
VTRS margin group comparison
With a gross margin of 34.8%, VTRS ranks lower than the Healthcare sector and the industry average. In comparison with the Healthcare sector average of 68.3%, Viatris's gross margin is 49% lower.
VTRS margin peer comparison
Frequently asked questions
What is Viatris's gross margin?
The current gross margin for VTRS is 34.8% as of Jun 30, 2026.
What is Viatris's operating margin?
As of Jun 30, 2026, VTRS has an operating margin of -0.6%.
What is Viatris's EBITDA margin?
The current EBITDA margin for VTRS is 17.8% as of Jun 30, 2026.
What is Viatris's net margin?
As of Jun 30, 2026, VTRS has a net margin of -2.8%.
What are the average margins of VTRS?
Over the last 3 years, Viatris's margins averaged 37.8% gross, -6.4% operating, 10.8% EBITDA, and -11.0% net.
What are the highest historical margins of VTRS?
Across the 5-year period, VTRS posted its highest margins at 41.7% gross in Mar 2024, 10.4% operating in Sep 2022, 39.6% EBITDA in Dec 2022, and 12.8% net in Dec 2022.
What are the lowest historical margins of VTRS?
In the last 5 years, the lowest margins reported by VTRS were 31.2% gross in Dec 2021, -21.5% operating in Mar 2025, -4.2% EBITDA in Sep 2025, and -26.4% net in Mar 2025.