• Viatris average return on tangible equity for 2023 was -11.35, a 78.46% decline from 2022.
• Viatris average return on tangible equity for 2022 was -6.36, a 160% increase from 2021.
• Viatris average return on tangible equity for 2021 was 10.6, a 6725% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.