vs

Side-by-side financial comparison of Viatris (VTRS) and Williams Companies (WMB). Click either name above to swap in a different company.

Williams Companies is the larger business by last-quarter revenue ($3.8B vs $3.7B, roughly 1.0× Viatris). On growth, Williams Companies posted the faster year-over-year revenue change (12.7% vs 5.0%). Viatris produced more free cash flow last quarter ($619.3M vs $-379.0M). Over the past eight quarters, Williams Companies's revenue compounded faster (7.3% CAGR vs 0.5%).

Viatris Inc. is an American global pharmaceutical and healthcare corporation headquartered in Canonsburg, Pennsylvania. The corporation was formed through the merger of Mylan and Upjohn, a legacy division of Pfizer, on November 16, 2020.

The Williams Companies, Inc. is an American energy company based in Tulsa, Oklahoma. Its core business is natural gas processing and transportation, with additional petroleum and electricity generation assets. A Fortune 500 company, its common stock is a component of the S&P 500.

VTRS vs WMB — Head-to-Head

Bigger by revenue
WMB
WMB
1.0× larger
WMB
$3.8B
$3.7B
VTRS
Growing faster (revenue YoY)
WMB
WMB
+7.7% gap
WMB
12.7%
5.0%
VTRS
More free cash flow
VTRS
VTRS
$998.3M more FCF
VTRS
$619.3M
$-379.0M
WMB
Faster 2-yr revenue CAGR
WMB
WMB
Annualised
WMB
7.3%
0.5%
VTRS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
VTRS
VTRS
WMB
WMB
Revenue
$3.7B
$3.8B
Net Profit
$734.0M
Gross Margin
31.1%
Operating Margin
-5.2%
27.3%
Net Margin
19.1%
Revenue YoY
5.0%
12.7%
Net Profit YoY
51.0%
EPS (diluted)
$-0.34
$0.60

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
VTRS
VTRS
WMB
WMB
Q4 25
$3.7B
$3.8B
Q3 25
$3.7B
$3.5B
Q2 25
$3.6B
$3.4B
Q1 25
$3.2B
$4.2B
Q4 24
$3.5B
$3.4B
Q3 24
$3.7B
$3.0B
Q2 24
$3.8B
$2.8B
Q1 24
$3.7B
$3.3B
Net Profit
VTRS
VTRS
WMB
WMB
Q4 25
$734.0M
Q3 25
$647.0M
Q2 25
$546.0M
Q1 25
$691.0M
Q4 24
$486.0M
Q3 24
$706.0M
Q2 24
$401.0M
Q1 24
$632.0M
Gross Margin
VTRS
VTRS
WMB
WMB
Q4 25
31.1%
Q3 25
36.6%
Q2 25
37.3%
Q1 25
35.8%
Q4 24
34.6%
Q3 24
39.0%
Q2 24
38.2%
Q1 24
41.2%
Operating Margin
VTRS
VTRS
WMB
WMB
Q4 25
-5.2%
27.3%
Q3 25
4.8%
31.8%
Q2 25
6.5%
28.0%
Q1 25
-88.9%
26.1%
Q4 24
-5.1%
23.2%
Q3 24
6.0%
27.6%
Q2 24
-6.3%
24.4%
Q1 24
5.6%
30.3%
Net Margin
VTRS
VTRS
WMB
WMB
Q4 25
19.1%
Q3 25
18.5%
Q2 25
16.2%
Q1 25
16.5%
Q4 24
14.2%
Q3 24
23.3%
Q2 24
14.1%
Q1 24
18.9%
EPS (diluted)
VTRS
VTRS
WMB
WMB
Q4 25
$-0.34
$0.60
Q3 25
$-0.11
$0.53
Q2 25
$0.00
$0.45
Q1 25
$-2.55
$0.56
Q4 24
$-0.43
$0.39
Q3 24
$0.08
$0.58
Q2 24
$-0.27
$0.33
Q1 24
$0.09
$0.52

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
VTRS
VTRS
WMB
WMB
Cash + ST InvestmentsLiquidity on hand
$1.3B
Total DebtLower is stronger
$27.3B
Stockholders' EquityBook value
$14.7B
$12.8B
Total Assets
$37.2B
$58.6B
Debt / EquityLower = less leverage
2.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
VTRS
VTRS
WMB
WMB
Q4 25
$1.3B
Q3 25
$975.3M
Q2 25
$566.4M
Q1 25
$755.0M
Q4 24
$734.8M
Q3 24
$1.9B
Q2 24
$917.2M
Q1 24
$1.0B
Total Debt
VTRS
VTRS
WMB
WMB
Q4 25
$27.3B
Q3 25
$25.6B
Q2 25
$25.6B
Q1 25
$24.1B
Q4 24
$24.7B
Q3 24
$24.8B
Q2 24
$24.1B
Q1 24
$24.1B
Stockholders' Equity
VTRS
VTRS
WMB
WMB
Q4 25
$14.7B
$12.8B
Q3 25
$15.2B
$12.5B
Q2 25
$15.6B
$12.4B
Q1 25
$15.7B
$12.5B
Q4 24
$18.6B
$12.4B
Q3 24
$19.8B
$12.4B
Q2 24
$19.5B
$12.3B
Q1 24
$20.0B
$12.4B
Total Assets
VTRS
VTRS
WMB
WMB
Q4 25
$37.2B
$58.6B
Q3 25
$37.9B
$55.7B
Q2 25
$38.4B
$56.1B
Q1 25
$38.5B
$54.9B
Q4 24
$41.5B
$54.5B
Q3 24
$44.8B
$53.8B
Q2 24
$45.3B
$52.4B
Q1 24
$47.3B
$52.7B
Debt / Equity
VTRS
VTRS
WMB
WMB
Q4 25
2.13×
Q3 25
2.04×
Q2 25
2.06×
Q1 25
1.93×
Q4 24
1.99×
Q3 24
2.00×
Q2 24
1.96×
Q1 24
1.94×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
VTRS
VTRS
WMB
WMB
Operating Cash FlowLast quarter
$815.8M
$1.6B
Free Cash FlowOCF − Capex
$619.3M
$-379.0M
FCF MarginFCF / Revenue
16.8%
-9.9%
Capex IntensityCapex / Revenue
5.3%
50.9%
Cash ConversionOCF / Net Profit
2.15×
TTM Free Cash FlowTrailing 4 quarters
$1.9B
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
VTRS
VTRS
WMB
WMB
Q4 25
$815.8M
$1.6B
Q3 25
$744.9M
$1.4B
Q2 25
$219.7M
$1.4B
Q1 25
$535.5M
$1.4B
Q4 24
$482.7M
$1.2B
Q3 24
$826.5M
$1.2B
Q2 24
$379.1M
$1.3B
Q1 24
$614.6M
$1.2B
Free Cash Flow
VTRS
VTRS
WMB
WMB
Q4 25
$619.3M
$-379.0M
Q3 25
$658.1M
$485.0M
Q2 25
$166.8M
$478.0M
Q1 25
$492.9M
$421.0M
Q4 24
$342.3M
$450.0M
Q3 24
$749.5M
$561.0M
Q2 24
$320.3M
$700.0M
Q1 24
$564.8M
$690.0M
FCF Margin
VTRS
VTRS
WMB
WMB
Q4 25
16.8%
-9.9%
Q3 25
17.6%
13.9%
Q2 25
4.7%
14.2%
Q1 25
15.2%
10.1%
Q4 24
9.7%
13.2%
Q3 24
20.1%
18.5%
Q2 24
8.5%
24.6%
Q1 24
15.5%
20.7%
Capex Intensity
VTRS
VTRS
WMB
WMB
Q4 25
5.3%
50.9%
Q3 25
2.3%
27.3%
Q2 25
1.5%
28.8%
Q1 25
1.3%
24.2%
Q4 24
4.0%
22.5%
Q3 24
2.1%
22.5%
Q2 24
1.6%
20.3%
Q1 24
1.4%
16.3%
Cash Conversion
VTRS
VTRS
WMB
WMB
Q4 25
2.15×
Q3 25
2.22×
Q2 25
2.66×
Q1 25
2.07×
Q4 24
2.51×
Q3 24
1.76×
Q2 24
3.19×
Q1 24
1.95×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

VTRS
VTRS

Brands$1.2B32%
Generics$1.1B29%
Lipitor$377.3M10%
Norvasc$175.2M5%
Other$136.6M4%
Lyrica$119.8M3%
Viagra$104.2M3%
Creon$98.9M3%
Epi Pen Auto Injectors$79.0M2%
Yupelri$70.6M2%
Effexor$68.1M2%
Zoloft$66.8M2%
Celebrex$66.2M2%
Xalabrands$42.0M1%
Dymista$38.6M1%

WMB
WMB

Services$2.2B57%
Natural Gas Us Regulated$740.0M19%
West$730.0M19%
Non Regulated Service Commodity Consideration$51.0M1%
Natural Gas Gathering Transportation Marketing And Processing$45.0M1%
Affiliated Entity$23.0M1%
Other$14.0M0%
Other Service$11.0M0%

Related Comparisons