Capital Expenditures for Viatris (VTRS)
According to Viatris's latest reported financial statements, the company's current capital expenditures (TTM) is $495.50M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

VTRS
Currently viewingCapital ExpendituresSwitch metric
Latest period
$495.50M
YoY change
+16.2%
5Y CAGR
-11.1%
Peak year (2020)
$681.20M
Cumulative capital expenditures
$6.73B
CapEx history chart for Viatris (VTRS) from 2003 to 2025
CapEx history table for Viatris (VTRS) from 2003 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $378.80M | +16.2% | ||
| 2024 | $326.00M | -31.3% | ||
| 2023 | $474.50M | -3.0% | ||
| 2022 | $489.40M | -3.9% | ||
| 2021 | $509.40M | -25.2% | ||
| 2020 | $681.20M | +67.8% | ||
| 2019 | $406.00M | +61.0% | ||
| 2018 | $252.10M | -8.6% | ||
| 2017 | $275.90M | -29.3% | ||
| 2016 | $390.40M | +7.6% | ||
| 2015 | $362.90M | +11.6% | ||
| 2014 | $325.30M | -2.8% | ||
| 2013 | $334.60M | +9.6% | ||
| 2012 | $305.32M | +9.1% | ||
| 2011 | $279.85M | +45.2% | ||
| 2010 | $192.79M | +24.9% | ||
| 2009 | $154.40M | -6.5% | ||
| 2008 | $165.11M | +49.4% | ||
| 2007 | $110.54M | — | ||
| 2005 | $103.69M | +14.3% | ||
| 2004 | $90.75M | -23.4% | ||
| 2003 | $118.45M | — |
CapEx values are taken from Viatris's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Viatris (VTRS) capital expenditures is $378.80M – grew 16.2% year-over-year.
Over 2020–2025 (5 years), Viatris capital expenditures expanded at a -11.1% compound annual rate, with a net decline across the window.
Viatris capital expenditures plunged from $681.20M in 2020 to $378.80M in 2025, a 44.4% drawdown.
$681.20M stands as the all-time-high annual capital expenditures, posted in 2020, against a low of $90.75M during 2004.
Within Healthcare, Viatris (VTRS) ranks 9th among 8 peers we track. The peer median for capital expenditures is $3.87B.
Viatris Capital Expenditures by Year
Viatris Capital Expenditures 2025: $378.80M
Viatris capital expenditures in 2025 was $378.80M, grew 16.2% from 2024.
Viatris Capital Expenditures 2024: $326.00M
Viatris capital expenditures in 2024 was $326.00M, plunged 31.3% below 2023.
Viatris Capital Expenditures 2023: $474.50M
Viatris capital expenditures in 2023 was $474.50M, edged down 3.0% below 2022.
Viatris Capital Expenditures 2022: $489.40M
Viatris capital expenditures in 2022 was $489.40M, edged down 3.9% below 2021.
Viatris Capital Expenditures 2021: $509.40M
Viatris capital expenditures in 2021 was $509.40M.
See more financial history for Viatris (VTRS).
Sector peers — CapEx
Companies in the same sector as Viatris, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | $90.11B | Healthcare |
| Eli Lilly and Company (LLY) | $7.84B | Healthcare |
| Johnson & Johnson (JNJ) | $4.83B | Healthcare |
| Merck & Co., Inc. (MRK) | $4.11B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $3.62B | Healthcare |
| AstraZeneca PLC (AZN) | $2.81B | Healthcare |
| Amgen Inc. (AMGN) | $1.86B | Healthcare |
| AbbVie Inc. (ABBV) | $1.21B | Healthcare |
Frequently asked questions
What is Viatris's capital expenditures?
- Latest reported capital expenditures for Viatris (VTRS) is $495.50M (period ending December 31, 2025).
How has Viatris capital expenditures changed year-over-year?
- Viatris (VTRS) capital expenditures changed +16.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Viatris capital expenditures?
- Viatris (VTRS) capital expenditures compound annual growth rate is -11.1% over the most recent 5 years available.
When did Viatris capital expenditures hit its highest annual value?
- Viatris capital expenditures reached its highest annual value of $681.20M in 2020.
What was Viatris capital expenditures in 2024?
- Viatris (VTRS) capital expenditures in 2024 was $326.00M.
What was Viatris capital expenditures in 2025?
- Viatris (VTRS) capital expenditures in 2025 was $378.80M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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