Viatris annual free cash flow
2018
2019
2020
2021
2022
2023
2024
2025
Viatris Free Cash Flow (FCF) History (VTRS)
Viatris reported $1.94B in free cash flow for fiscal 2025, a decrease of 2.01% from the previous fiscal year, with a free cash flow margin of 13.59%.
View full Viatris company overviewViatris free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.94B | −$39.8M | −2.01% | +13.59% |
| 2024 | 2024-12-31 | $1.98B | −$546.1M | −21.64% | +13.45% |
| 2023 | 2023-12-31 | $2.52B | −$70.0M | −2.70% | +16.40% |
| 2022 | 2022-12-31 | $2.59B | $33.3M | +1.30% | +15.99% |
| 2021 | 2021-12-31 | $2.56B | $1.57B | +158.87% | +14.37% |
| 2020 | 2020-12-31 | $988.8M | −$601.7M | −37.83% | +8.37% |
| 2019 | 2019-12-31 | $1.59B | −$499.1M | −23.88% | +13.99% |
| 2018 | 2018-12-31 | $2.09B | — | — | +18.54% |
Viatris quarterly free cash flow
Q1.20
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $329.0M | $162.2M | +97.24% | +8.78% |
| Q1 2026 | 2026-03-31 | $348.4M | −$144.5M | −29.32% | +9.93% |
| Q4 2025 | 2025-12-31 | $619.3M | $277.0M | +80.92% | +16.78% |
| Q3 2025 | 2025-09-30 | $658.1M | −$91.4M | −12.19% | +17.56% |
| Q2 2025 | 2025-06-30 | $166.8M | −$153.5M | −47.92% | +4.67% |
| Q1 2025 | 2025-03-31 | $492.9M | −$71.9M | −12.73% | +15.20% |
| Q4 2024 | 2024-12-31 | $342.3M | −$60.7M | −15.06% | +9.74% |
| Q3 2024 | 2024-09-30 | $749.5M | $10.2M | +1.38% | +20.05% |
| Q2 2024 | 2024-06-30 | $320.3M | −$137.0M | −29.96% | +8.46% |
| Q1 2024 | 2024-03-31 | $564.8M | −$358.6M | −38.83% | +15.46% |
| Q4 2023 | 2023-12-31 | $403.0M | $367.7M | +1041.64% | +10.53% |
| Q3 2023 | 2023-09-30 | $739.3M | −$25.8M | −3.37% | +18.79% |
| Q2 2023 | 2023-06-30 | $457.3M | −$261.3M | −36.36% | +11.70% |
| Q1 2023 | 2023-03-31 | $923.4M | −$150.6M | −14.02% | +24.83% |
| Q4 2022 | 2022-12-31 | $35.3M | −$290.4M | −89.16% | +0.91% |
| Q3 2022 | 2022-09-30 | $765.1M | −$199.5M | −20.68% | +18.81% |
| Q2 2022 | 2022-06-30 | $718.6M | $248.5M | +52.86% | +17.50% |
| Q1 2022 | 2022-03-31 | $1.07B | $274.7M | +34.37% | +25.70% |
| Q4 2021 | 2021-12-31 | $325.7M | −$830.7M | −71.84% | +7.52% |
| Q3 2021 | 2021-09-30 | $964.6M | $338.5M | +54.06% | +21.34% |
| Q2 2021 | 2021-06-30 | $470.1M | $222.4M | +89.79% | +10.31% |
| Q1 2021 | 2021-03-31 | $799.3M | — | — | +18.17% |
| Q3 2020 · Sep 30 | 2020-09-30 | $1.16B | — | — | +39.23% |
| Q2 2020 · Jun 30 | 2020-06-30 | $626.1M | — | — | +23.22% |
| Q1 2020 · Mar 31 | 2020-03-31 | $247.7M | — | — | +9.57% |
Viatris free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $988.8M to $1.94B, a compound annual growth rate of 14.40%. Viatris's latest reported quarter, Q2 2026, generated $329.0M in free cash flow, an increase of 97.24% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Viatris filings at SEC.gov ↗