Zoetis Inc. (ZTS)
NYSE: ZTS · Real-Time Price · USD
75.81
-0.48 (-0.63%)
At close: Sep 4, 2026, 4:00 PM EDT
75.50
-0.31 (-0.41%)
After-hours: Sep 4, 2026, 7:47 PM EDT
Zoetis Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 9,525 | 9,467 | 9,256 | 8,544 | 8,080 | 7,776 | |
Revenue Growth | 1.58% | 2.28% | 8.33% | 5.74% | 3.91% | 16.49% |
Cost of Revenue | 2,692 | 2,661 | 2,718 | 2,560 | 2,446 | 2,295 |
Gross Profit | 6,833 | 6,806 | 6,538 | 5,984 | 5,634 | 5,481 |
Selling, General & Admin | 2,355 | 2,355 | 2,312 | 2,151 | 2,009 | 2,001 |
Research & Development | 723 | 698 | 686 | 614 | 539 | 508 |
Amortization of Goodwill & Intangibles | 125 | 128 | 141 | 149 | 150 | 161 |
Operating Expenses | 3,203 | 3,181 | 3,139 | 2,914 | 2,698 | 2,670 |
Operating Income | 3,630 | 3,625 | 3,399 | 3,070 | 2,936 | 2,811 |
Interest Expense | -238 | -222 | -225 | -239 | -221 | -224 |
Interest & Investment Income | 88 | 93 | 106 | 105 | 50 | 6 |
Currency Exchange Gain (Loss) | -38 | -45 | -50 | -47 | -62 | -27 |
Other Non Operating Income (Expenses) | -9 | -4 | 1 | 35 | 18 | 6 |
EBT Excluding Unusual Items | 3,433 | 3,447 | 3,231 | 2,924 | 2,721 | 2,572 |
Merger & Restructuring Charges | -149 | -80 | -37 | -53 | -15 | -45 |
Gain (Loss) on Sale of Assets | 7 | -3 | -39 | 101 | - | -3 |
Asset Writedown | - | -5 | -15 | -35 | -46 | -30 |
Other Unusual Items | 8 | 1 | -7 | -1 | -4 | -6 |
Pretax Income | 3,299 | 3,360 | 3,133 | 2,936 | 2,656 | 2,488 |
Income Tax Expense | 662 | 687 | 637 | 596 | 545 | 454 |
Earnings From Continuing Operations | 2,637 | 2,673 | 2,496 | 2,340 | 2,111 | 2,034 |
Minority Interest in Earnings | - | - | -10 | 4 | 3 | 3 |
Net Income | 2,637 | 2,673 | 2,486 | 2,344 | 2,114 | 2,037 |
Net Income to Common | 2,637 | 2,673 | 2,486 | 2,344 | 2,114 | 2,037 |
Net Income Growth | 1.77% | 7.52% | 6.06% | 10.88% | 3.78% | 24.36% |
Shares Outstanding (Basic) | 430 | 443 | 454 | 461 | 469 | 474 |
Shares Outstanding (Diluted) | 431 | 444 | 455 | 462 | 470 | 477 |
Shares Change | -4.22% | -2.42% | -1.60% | -1.73% | -1.33% | -0.39% |
EPS (Basic) | 6.13 | 6.03 | 5.47 | 5.08 | 4.51 | 4.29 |
EPS (Diluted) | 6.13 | 6.02 | 5.47 | 5.07 | 4.49 | 4.27 |
EPS Growth | 6.23% | 10.05% | 7.89% | 12.92% | 5.15% | 24.85% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2,316 | 2,283 | 2,298 | 1,621 | 1,326 | 1,736 |
Free Cash Flow Per Share | 5.38 | 5.14 | 5.05 | 3.51 | 2.82 | 3.64 |
Dividend Per Share | 2.060 | 2.000 | 1.728 | 1.500 | 1.300 | 1.000 |
Dividend Growth | 10.51% | 15.74% | 15.20% | 15.38% | 30.00% | 25.00% |
Gross Margin | 71.74% | 71.89% | 70.64% | 70.04% | 69.73% | 70.49% |
Operating Margin | 38.11% | 38.29% | 36.72% | 35.93% | 36.34% | 36.15% |
Profit Margin | 27.68% | 28.23% | 26.86% | 27.43% | 26.16% | 26.20% |
Free Cash Flow Margin | 24.32% | 24.12% | 24.83% | 18.97% | 16.41% | 22.32% |
EBITDA | 4,066 | 4,066 | 3,835 | 3,486 | 3,332 | 3,207 |
EBITDA Margin | 42.69% | 42.95% | 41.43% | 40.80% | 41.24% | 41.24% |
D&A For EBITDA | 436 | 441 | 436 | 416 | 396 | 396 |
EBIT | 3,630 | 3,625 | 3,399 | 3,070 | 2,936 | 2,811 |
EBIT Margin | 38.11% | 38.29% | 36.72% | 35.93% | 36.34% | 36.15% |
Effective Tax Rate | 20.07% | 20.45% | 20.33% | 20.30% | 20.52% | 18.25% |
Advertising Expenses | - | 308 | 302 | 281 | 287 | 292 |