Zoetis Inc. (ZTS)
NYSE: ZTS · Real-Time Price · USD
79.40
-2.71 (-3.30%)
At close: Nov 6, 2026, 4:00 PM EST
79.45
+0.05 (0.06%)
After-hours: Nov 6, 2026, 7:48 PM EST
Zoetis Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 2,391 | 2,468 | 2,262 | 2,387 | 2,422 | 2,474 | 2,198 | 2,317 | 2,388 | 2,361 | 2,190 | 2,213 | 2,151 | 2,180 | 2,000 | 2,040 | 2,002 | 2,052 | 1,986 | 1,967 | |
Revenue Growth (YoY) | -1.28% | -0.24% | 2.91% | 3.02% | 1.42% | 4.79% | 0.36% | 4.70% | 11.02% | 8.30% | 9.50% | 8.48% | 7.44% | 6.24% | 0.70% | 3.71% | 0.60% | 5.34% | 6.15% | 8.85% |
Cost of Revenue | 696 | 670 | 640 | 711 | 696 | 662 | 617 | 706 | 701 | 668 | 643 | 725 | 638 | 607 | 588 | 645 | 607 | 625 | 569 | 598 |
Gross Profit | 1,695 | 1,798 | 1,622 | 1,676 | 1,726 | 1,812 | 1,581 | 1,611 | 1,687 | 1,693 | 1,547 | 1,488 | 1,513 | 1,573 | 1,412 | 1,395 | 1,395 | 1,427 | 1,417 | 1,369 |
Selling, General & Admin | 577 | 589 | 584 | 618 | 575 | 605 | 568 | 619 | 565 | 581 | 547 | 565 | 525 | 556 | 505 | 514 | 501 | 529 | 465 | 593 |
Research & Development | 174 | 173 | 180 | 199 | 175 | 166 | 162 | 186 | 167 | 171 | 162 | 174 | 152 | 146 | 142 | 148 | 134 | 135 | 122 | 138 |
Amortization of Goodwill & Intangibles | 31 | 31 | 31 | 31 | 32 | 33 | 32 | 34 | 35 | 35 | 37 | 37 | 38 | 37 | 37 | 35 | 37 | 37 | 41 | 40 |
Operating Expenses | 782 | 793 | 795 | 848 | 782 | 804 | 762 | 839 | 767 | 787 | 746 | 776 | 715 | 739 | 684 | 697 | 672 | 701 | 628 | 771 |
Operating Income | 913 | 1,005 | 827 | 828 | 944 | 1,008 | 819 | 772 | 920 | 906 | 801 | 712 | 798 | 834 | 728 | 698 | 723 | 726 | 789 | 598 |
Interest Expense | -62 | -61 | -62 | -57 | -58 | -53 | -54 | -51 | -57 | -59 | -58 | -59 | -59 | -58 | -63 | -62 | -53 | -53 | -53 | -54 |
Interest & Investment Income | 17 | 16 | 21 | 25 | 27 | 20 | 22 | 27 | 23 | 24 | 32 | 26 | 23 | 23 | 33 | 30 | 13 | 5 | 2 | 2 |
Currency Exchange Gain (Loss) | -8 | -10 | -6 | -10 | -14 | -13 | -10 | -8 | -5 | -18 | -19 | -6 | -19 | -13 | -9 | -26 | -11 | -14 | -11 | -7 |
Other Non Operating Income (Expenses) | -3 | -2 | -1 | -6 | -1 | -1 | 3 | 6 | -2 | 2 | -5 | 6 | -3 | 3 | 29 | 7 | 2 | 7 | 2 | - |
EBT Excluding Unusual Items | 857 | 948 | 779 | 780 | 898 | 961 | 780 | 746 | 879 | 855 | 751 | 679 | 740 | 789 | 718 | 647 | 674 | 671 | 729 | 539 |
Merger & Restructuring Charges | -43 | -77 | -22 | -46 | -4 | -30 | - | 3 | 2 | -42 | -4 | -55 | - | -8 | -21 | -6 | -6 | -1 | -2 | - |
Gain (Loss) on Sale of Assets | - | 1 | 6 | - | - | -3 | - | -6 | -7 | -22 | - | 45 | -16 | 101 | - | - | - | - | - | - |
Asset Writedown | -78 | - | - | - | - | -5 | - | -4 | - | -11 | - | -18 | -7 | -10 | - | -45 | -1 | - | - | -27 |
Other Unusual Items | -7 | -6 | -5 | 27 | -8 | -11 | -7 | -7 | - | - | - | -1 | - | - | - | -4 | - | - | - | -6 |
Pretax Income | 729 | 866 | 758 | 761 | 886 | 912 | 773 | 732 | 874 | 780 | 747 | 650 | 717 | 872 | 697 | 592 | 667 | 670 | 727 | 506 |
Income Tax Expense | 138 | 175 | 157 | 158 | 165 | 186 | 171 | 151 | 182 | 156 | 148 | 127 | 121 | 202 | 146 | 132 | 139 | 141 | 133 | 93 |
Earnings From Continuing Operations | 591 | 691 | 601 | 603 | 721 | 726 | 602 | 581 | 692 | 624 | 599 | 523 | 596 | 670 | 551 | 460 | 528 | 529 | 594 | 413 |
Minority Interest in Earnings | - | - | - | - | - | - | - | - | -10 | - | - | 2 | - | 1 | 1 | 1 | 1 | - | 1 | 1 |
Net Income | 591 | 691 | 601 | 603 | 721 | 726 | 602 | 581 | 682 | 624 | 599 | 525 | 596 | 671 | 552 | 461 | 529 | 529 | 595 | 414 |
Net Income to Common | 591 | 691 | 601 | 603 | 721 | 726 | 602 | 581 | 682 | 624 | 599 | 525 | 596 | 671 | 552 | 461 | 529 | 529 | 595 | 414 |
Net Income Growth (YoY) | -18.03% | -4.82% | -0.17% | 3.79% | 5.72% | 16.35% | 0.50% | 10.67% | 14.43% | -7.00% | 8.51% | 13.88% | 12.67% | 26.84% | -7.23% | 11.35% | -4.17% | 3.32% | 6.44% | 15.32% |
Shares Outstanding (Basic) | 412 | 418 | 422 | 438 | 443 | 445 | 448 | 451 | 453 | 456 | 458 | 459 | 460 | 462 | 464 | 466 | 468 | 470 | 472 | 473 |
Shares Outstanding (Diluted) | 412 | 418 | 422 | 439 | 443 | 446 | 448 | 451 | 454 | 456 | 459 | 460 | 461 | 463 | 465 | 467 | 469 | 472 | 474 | 476 |
Shares Change (YoY) | -7.13% | -6.24% | -5.71% | -2.77% | -2.27% | -2.30% | -2.35% | -1.96% | -1.71% | -1.49% | -1.25% | -1.44% | -1.64% | -1.82% | -2.00% | -1.85% | -1.51% | -1.15% | -0.80% | -0.65% |
EPS (Basic) | 1.44 | 1.65 | 1.42 | 1.38 | 1.63 | 1.63 | 1.34 | 1.29 | 1.51 | 1.37 | 1.31 | 1.14 | 1.29 | 1.45 | 1.19 | 0.99 | 1.13 | 1.13 | 1.26 | 0.88 |
EPS (Diluted) | 1.44 | 1.65 | 1.42 | 1.37 | 1.63 | 1.63 | 1.34 | 1.29 | 1.50 | 1.37 | 1.31 | 1.14 | 1.29 | 1.45 | 1.19 | 0.98 | 1.13 | 1.12 | 1.26 | 0.87 |
EPS Growth (YoY) | -11.80% | 1.23% | 5.97% | 6.09% | 8.53% | 18.98% | 2.46% | 13.17% | 16.28% | -5.52% | 9.90% | 16.43% | 14.16% | 29.46% | -5.56% | 12.55% | -2.59% | 4.67% | 7.69% | 15.88% |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 717 | 538 | 291 | 732 | 798 | 459 | 337 | 689 | 784 | 370 | 455 | 699 | 579 | 17 | 326 | 570 | 372 | 190 | 194 | 511 |
Free Cash Flow Per Share | 1.74 | 1.29 | 0.69 | 1.67 | 1.80 | 1.03 | 0.75 | 1.53 | 1.73 | 0.81 | 0.99 | 1.52 | 1.25 | 0.04 | 0.70 | 1.22 | 0.79 | 0.40 | 0.41 | 1.07 |
Dividend Per Share | 0.530 | 0.530 | 0.530 | 0.500 | 0.500 | 0.500 | 0.500 | 0.432 | 0.432 | 0.432 | 0.432 | 0.375 | 0.375 | 0.375 | 0.375 | 0.325 | 0.325 | 0.325 | 0.325 | 0.250 |
Dividend Growth (YoY) | 6.00% | 6.00% | 6.00% | 15.74% | 15.74% | 15.74% | 15.74% | 15.20% | 15.20% | 15.20% | 15.20% | 15.38% | 15.38% | 15.38% | 15.38% | 30.00% | 30.00% | 30.00% | 30.00% | 25.00% |
Gross Margin | 70.89% | 72.85% | 71.71% | 70.21% | 71.26% | 73.24% | 71.93% | 69.53% | 70.64% | 71.71% | 70.64% | 67.24% | 70.34% | 72.16% | 70.60% | 68.38% | 69.68% | 69.54% | 71.35% | 69.60% |
Operating Margin | 38.19% | 40.72% | 36.56% | 34.69% | 38.98% | 40.74% | 37.26% | 33.32% | 38.53% | 38.37% | 36.58% | 32.17% | 37.10% | 38.26% | 36.40% | 34.22% | 36.11% | 35.38% | 39.73% | 30.40% |
Profit Margin | 24.72% | 28.00% | 26.57% | 25.26% | 29.77% | 29.34% | 27.39% | 25.08% | 28.56% | 26.43% | 27.35% | 23.72% | 27.71% | 30.78% | 27.60% | 22.60% | 26.42% | 25.78% | 29.96% | 21.05% |
Free Cash Flow Margin | 29.99% | 21.80% | 12.86% | 30.67% | 32.95% | 18.55% | 15.33% | 29.74% | 32.83% | 15.67% | 20.78% | 31.59% | 26.92% | 0.78% | 16.30% | 27.94% | 18.58% | 9.26% | 9.77% | 25.98% |
EBITDA | 1,032 | 1,124 | 946 | 903 | 1,066 | 1,132 | 938 | 834 | 1,041 | 1,033 | 927 | 763 | 922 | 955 | 848 | 748 | 838 | 843 | 903 | 663 |
EBITDA Margin | 43.16% | 45.54% | 41.82% | 37.83% | 44.01% | 45.76% | 42.68% | 35.99% | 43.59% | 43.75% | 42.33% | 34.48% | 42.86% | 43.81% | 42.40% | 36.67% | 41.86% | 41.08% | 45.47% | 33.71% |
D&A For EBITDA | 119 | 119 | 119 | 75 | 122 | 124 | 119 | 62 | 121 | 127 | 126 | 51 | 124 | 121 | 120 | 50 | 115 | 117 | 114 | 65 |
EBIT | 913 | 1,005 | 827 | 828 | 944 | 1,008 | 819 | 772 | 920 | 906 | 801 | 712 | 798 | 834 | 728 | 698 | 723 | 726 | 789 | 598 |
EBIT Margin | 38.19% | 40.72% | 36.56% | 34.69% | 38.98% | 40.74% | 37.26% | 33.32% | 38.53% | 38.37% | 36.58% | 32.17% | 37.10% | 38.26% | 36.40% | 34.22% | 36.11% | 35.38% | 39.73% | 30.40% |
Effective Tax Rate | 18.93% | 20.21% | 20.71% | 20.76% | 18.62% | 20.39% | 22.12% | 20.63% | 20.82% | 20.00% | 19.81% | 19.54% | 16.88% | 23.16% | 20.95% | 22.30% | 20.84% | 21.04% | 18.29% | 18.38% |