Zoetis Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2009
Revenue	8,544	8,080	7,776	6,675	6,260	5,825	5,307	4,888	4,765	4,785	Upgrade
Revenue Growth (YoY)	5.74%	3.91%	16.49%	6.63%	7.47%	9.76%	8.57%	2.58%	-0.42%	4.91%	Upgrade
Cost of Revenue	2,561	2,454	2,303	2,057	1,992	1,911	1,775	1,666	1,738	1,717	Upgrade
Gross Profit	5,983	5,626	5,473	4,618	4,268	3,914	3,532	3,222	3,027	3,068	Upgrade
Selling, General & Admin	2,151	2,009	2,001	1,726	1,638	1,484	1,334	1,364	1,532	1,643	Upgrade
Research & Development	614	539	508	463	457	432	382	376	364	396	Upgrade
Other Operating Expenses	43	201	252	202	149	102	116	88	462	92	Upgrade
Operating Expenses	2,808	2,749	2,761	2,391	2,244	2,018	1,832	1,828	2,358	2,131	Upgrade
Operating Income	3,175	2,877	2,712	2,227	2,024	1,896	1,700	1,394	669	937	Upgrade
Interest Expense / Income	239	221	224	231	223	206	175	166	124	117	Upgrade
Other Expense / Income	-4	-3	-3	-2	-	-4	-2	-2	-	4	Upgrade
Pretax Income	2,940	2,659	2,491	1,998	1,801	1,694	1,527	1,230	545	816	Upgrade
Income Tax	596	545	454	360	301	266	663	409	206	233	Upgrade
Net Income	2,344	2,114	2,037	1,638	1,500	1,428	864	821	339	583	Upgrade
Net Income Growth	10.88%	3.78%	24.36%	9.20%	5.04%	65.28%	5.24%	142.18%	-41.85%	15.67%	Upgrade
Shares Outstanding (Basic)	461	469	474	476	478	483	490	496	500	501	Upgrade
Shares Outstanding (Diluted)	462	470	477	479	482	487	493	498	502	502	Upgrade
Shares Change	-1.73%	-1.33%	-0.39%	-0.67%	-1.05%	-1.27%	-1.02%	-0.76%	-0.00%	0.34%	Upgrade
EPS (Basic)	5.08	4.51	4.29	3.44	3.14	2.96	1.76	1.66	0.68	1.16	Upgrade
EPS (Diluted)	5.07	4.49	4.27	3.42	3.11	2.93	1.75	1.65	0.68	1.16	Upgrade
EPS Growth	12.92%	5.15%	24.85%	9.97%	6.14%	67.43%	6.06%	142.65%	-41.38%	14.85%	Upgrade
Free Cash Flow	1,625	1,327	1,738	1,694	1,356	1,508	1,122	497	440	446	Upgrade
Free Cash Flow Per Share	3.52	2.83	3.66	3.56	2.84	3.12	2.29	1.00	0.88	0.89	Upgrade
Dividend Per Share	1.500	1.300	1.000	0.800	0.656	0.504	0.420	0.380	0.332	0.288	Upgrade
Dividend Growth	15.38%	30.00%	25.00%	21.95%	30.16%	20.00%	10.53%	14.46%	15.28%	47.69%	Upgrade
Gross Margin	70.03%	69.63%	70.38%	69.18%	68.18%	67.19%	66.55%	65.92%	63.53%	64.12%	Upgrade
Operating Margin	37.16%	35.61%	34.88%	33.36%	32.33%	32.55%	32.03%	28.52%	14.04%	19.58%	Upgrade
Profit Margin	27.43%	26.16%	26.20%	24.54%	23.96%	24.52%	16.28%	16.80%	7.11%	12.18%	Upgrade
Free Cash Flow Margin	19.02%	16.42%	22.35%	25.38%	21.66%	25.89%	21.14%	10.17%	9.23%	9.32%	Upgrade
Effective Tax Rate	20.27%	20.50%	18.23%	18.02%	16.71%	15.70%	43.42%	33.25%	37.80%	28.55%	Upgrade
EBITDA	3,670	3,345	3,163	2,670	2,436	2,208	1,944	1,636	868	1,137	Upgrade
EBITDA Margin	42.95%	41.40%	40.68%	40.00%	38.91%	37.91%	36.63%	33.47%	18.22%	23.76%	Upgrade
Depreciation & Amortization	491	465	448	441	412	308	242	240	199	204	Upgrade
EBIT	3,179	2,880	2,715	2,229	2,024	1,900	1,702	1,396	669	933	Upgrade
EBIT Margin	37.21%	35.64%	34.92%	33.39%	32.33%	32.62%	32.07%	28.56%	14.04%	19.50%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).