Elanco vs Viatris
Add, change or remove companies; up to four.
KIRA’s take AI analyst
I put Elanco and Viatris side by side, using each one’s latest annual report. Here is what stands out:
- Viatris is the larger business, with $14.3B of revenue in fiscal 2025 against $4.7B for Elanco, about 3.0 times as much.
- Elanco grew revenue faster (6.2%, against −3.0%).
- Viatris turned more of its sales into free cash flow (13.6% FCF margin, against 6.0%).
- Elanco earned a higher return on the capital invested in it (−0.1%, against −7.1%).
Who comes out ahead
Of the 10 measures where higher (or lower) is clearly better, how many each company leads.
Elanco
ELAN
8/10
Revenue growth5-year growthGross marginNet marginReturn on capitalReturn on equityPiotroski F-scoreNet debt / EBITDA
Viatris
VTRS
2/10
FCF marginShare count change
Side by side
Best in the row
| Latest fiscal year | ELAN FY25 | VTRS FY25 |
|---|---|---|
| Size | ||
| Market cap | $11.6B | $21.3B |
| Revenue | $4.7B | $14.3B |
| Free cash flow | $284M | $1.9B |
| Net income | −$232M | −$3.5B |
| Growth | ||
| Revenue growth | 6.2% | −3.0% |
| 5-year growth | 7.6% | 3.7% |
| Share count change | −0.2% | −1.9% |
| Profitability | ||
| Gross margin | 55.0% | 35.1% |
| Operating margin | — | −18.6% |
| Net margin | −4.9% | −24.6% |
| FCF margin | 6.0% | 13.6% |
| Return on capital | −0.1% | −7.1% |
| Return on equity | −3.7% | −21.1% |
| Balance sheet | ||
| Net debt | $3.5B | $13.1B |
| Net debt / EBITDA | 5.2x | 96.5x |
| Dividends and buybacks | $0.0M | $501M |
| Valuation & quality | ||
| P/E | — | — |
| Piotroski F-score | 6 | 4 |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.