ZTS

ZOETIS
D

ZTS

Arincen80/100B

If you had invested in ZOETIS ago, it would be worth $1,798 today, against $4,096 in SPY and $6,368 in QQQ.

ArincenArincen ScoreBeta

80/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

ZOETIS key facts

Style
Value stock · 8.9/10Growth 2.8 · Value 8.9 · Dividend 6.9
Day range
82.290 – 83.660
52-week range
68.770 – 132.490
Market capitalization
33.47B USD
P/E
13.98
PEG ratio
1.89
EPS
5.89
Div Yield
2.57%
EPS growth forecast (FY2026)
-1.7%
Volume
8,172
Beta
0.68
ESG score
51.8/100Environment 52 · Social 44 · Governance 59
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
CEO
Kristin C. Peck
Employees
15K
Website
zoetis.com
IPO date
1 Feb 2013

ZOETIS earnings

Next earnings · Q4 FY2026
EPS estimate
1.22 USD
Revenue estimate
2.18B USD
Last quarter · Q3 FY2026
EPS1.75Beat +15.9%Revenue2.39BBeat +3.8%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q2 FY20281.96———2.51B———
Q1 FY20281.56——+4.49%2.28B——+1.48%
Q1 FY20271.49——-2.66%2.24B——-0.85%
Q4 FY20261.22——-17.57%2.18B——-8.79%
Q3 FY20261.511.75+15.89%+2.94%2.30B2.39B+3.79%-0.38%
Q2 FY20261.851.87+1.08%+6.25%2.50B2.47B-1.34%+0.33%
Q1 FY20261.601.53-4.38%+3.38%2.30B2.26B-1.71%+1.89%
Q4 FY20251.401.48+5.71%+5.71%2.36B2.39B+1.14%+3.02%
Q3 FY20251.621.70+4.94%+7.59%2.41B2.40B-0.41%+0.50%
Q2 FY20251.621.76+8.64%+12.82%2.41B2.46B+2.10%+4.19%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

ZOETIS analyst forecast

12-month price target
84.75 USD
+2.89%

Analysts' 1-year price targets range from 74.00 to 95.00, with an average of 84.75.

Past year
1-year forecast
Strong sellStrong buy
Hold
15 ratings
Buy
7
Hold
8
Sell
0

12-month price target

Highest target95.00
Average target84.75
Lowest target74.00
Current price82.37

ZOETIS valuation

Price to earnings ratio (TTM)
13.98
Forward P/E (FY2026)
13.06
Price to sales (TTM)
3.52
Price to book
10.13
EV / EBITDA (TTM)
10.74

Capital structure

Market capitalization
33.47B USD
+
Total debt
9.24B USD
−
Cash and short-term investments
1.53B USD
=
Enterprise value
41.17B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)12.25————
FY2027 (est.)13.0612.25———
FY2026 (est.)13.0613.06———
Now (TTM)13.9813.063.5210.1310.74
FY202520.8719.945.8916.7515.48
FY202429.7925.708.0015.5120.34
FY202338.8533.5410.6518.2225.98
FY202232.4927.098.5015.6021.81
FY202156.8849.9914.8925.4837.52

ZOETIS against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Viatris, Elanco Animal Health, Amneal Pharmaceuticals, and Lantheus Holdings, the US Drug Manufacturers - Specialty & Generic companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Below its median14.0
    11.459.3
  • Gross marginHighest in 5 years70.5%
    67.8%70.5%
    Against its peers: 1 of 5Peers' median 40.6%
  • Operating marginHighest in 5 years38.0%
    35.9%38.0%
    Against its peers: 1 of 5Peers' median 9.7%
  • Net marginHighest in 5 years28.2%
    26.2%28.2%
    Against its peers: 1 of 5Peers' median -1.3%
  • Return on equityHighest in 5 years80.2%
    44.8%80.2%
    Against its peers: 1 of 4Peers' median -3.5%
  • Free cash flow marginAbove its median24.1%
    16.4%24.8%
    Against its peers: 1 of 5Peers' median 11.2%
  • Revenue growthLowest in 5 years2.3%
    2.3%16.5%
    Against its peers: 3 of 5Peers' median 3.4%
  • EPS growthAt its median10.1%
    5.2%24.9%
    Against its peers: 1 of 3Peers' median -95.5%
  • Debt to EBITDAAbove its median2.32×
    1.74×2.41×
    Against its peers: 2 of 4Peers' median 4.53×
  • Current ratioAt its median3.03
    1.753.86
    Against its peers: 1 of 5Peers' median 2.17

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

ZOETIS growth and profitability

Revenue (TTM)
9.51B USD
Net income (TTM)
2.49B USD
Gross margin
71.02%
Operating margin
36.26%
Net margin
26.15%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY20259.47B+2.28%2.67B+7.52%70.49%38.00%28.23%4.07B+5.09%
FY20249.26B+8.33%2.49B+6.06%69.10%36.65%26.86%3.87B+5.07%
FY20238.54B+5.74%2.34B+10.88%68.28%35.92%27.43%3.69B+9.74%
FY20228.08B+3.91%2.11B+3.78%67.77%36.24%26.16%3.36B+5.86%
FY20217.78B+16.49%2.04B+24.36%68.31%36.05%26.20%3.17B+18.09%

ZOETIS revenue breakdown

By product

FY2025
Horses: 67.8%Cattle: 16.1%Swine: 5.0%Poultry: 4.7%Dogs and Cats: 3.3%Fish: 3.1%67.8%Horses16.1%Cattle5.0%Swine4.7%Poultry3.3%Dogs and Cats3.1%Fish
SegmentRevenueShare of revenueChange on the year
Horses6.28B67.8%+4.8%
Cattle1.49B16.1%-2.5%
Swine466.00M5.0%-9.7%
Poultry432.00M4.7%-18.0%
Dogs and Cats304.00M3.3%+6.7%
Fish286.00M3.1%+18.2%

By region

FY2025
United States: 54.5%International: 45.5%54.5%United States45.5%International
RegionRevenueShare of revenueChange on the year
United States5.10B54.5%+0.5%
International4.25B45.5%+3.7%

How ZOETIS makes its money

Revenue9.47B 100.0%
Cost of revenue2.79B 29.5%
Gross profit6.67B 70.5%
Research and development698.00M 7.4%
Selling and administration2.38B 25.1%
Operating income3.60B 38.0%
Tax687.00M 7.3%
Other expense237.00M 2.5%
Net income2.67B 28.2%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

ZOETIS dividends

Annual dividend
2.12 USD
Dividend yield (indicated)
2.57%
Payout ratio
35.99%
Years of dividend growth
13
Frequency
Quarterly
Next payment
0.53 USD
Last ex-dividend date
30 Oct 2026
Next payment date
1 Dec 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share2.001.731.501.301.000.800.660.500.420.38

ZOETIS financial health

Cash and short-term investments
1.53B USD
Total debt
9.24B USD
Net cash
-7.70B USD
Free cash flow (TTM)
2.28B USD
Current ratio
2.35
Debt to equity
2.80
Piotroski score
6 / 9
Altman Z-score
4.80

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20252.31B9.44B2.28B
FY20241.99B6.74B2.30B
FY20232.04B6.76B1.62B
FY20223.58B8.09B1.33B
FY20213.48B6.74B1.74B

ZOETIS ownership

Institutions
95.14%
Institutional holders
1,496 (-176)
Free float
99.79%

Who owns the shares

Institutions 95.1% Others 4.9%
As of 30 Jun 2026

Shares free to trade

Free float 405.46M shares ·99.8% Closely held 853.27K shares ·0.2%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q3 20260084.88K7.72K
Q2 20263030.94K15.25K
Q1 202602426.59K108.74K
Q4 2025003.50K0.00

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025443.44M443.84M-2.42%
FY2024454.20M454.85M-1.61%
FY2023461.17M462.27M-1.73%
FY2022468.89M470.39M-1.33%
FY2021474.35M476.72M-0.39%

Source: Financial Modeling Prep

Signals
Moustafa El khaldy
Moustafa El khaldy
2 years ago
buy
ZTS
ZTSZOETIS @174.98
2024-07-08 04:45
ZTS@174.98 Chart
Profit
877.00
USD
10.02%
More
Related Instruments

Title: ZOETIS

Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Zoetis sells anti-infectives, vaccines, parasiticides, diagnostics, and other health products for animals. The firm earns roughly 30% of total revenue from production animals (cattle, pigs, poultry, and so on) and nearly 70% from companionanimal (dogs, horses, cats) products. Its US business is skewed even more heavily toward companion animals, while its international business is slightly skewed toward production animals. The firm has the largest market share in the industry and was previously Pfizer's animal health unit.

Common questions about ZOETIS stock