• Viatris average gross margin for 2023 was 40.13%, a 4.23% decline from 2022.
• Viatris average gross margin for 2022 was 38.5%, a 33.17% increase from 2021.
• Viatris average gross margin for 2021 was 28.91%, a 16.23% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.