Zoetis Inc.
ZTSNYSE
$81.76
Last price · USD
- Market cap
- $36.29B
- P/E
- 13.6x
- EV / EBITDA
- 10.7x
- P/S
- 3.8x
- FCF yield
- 6.3%
- Div. yield
- 2.45%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Zoetis Inc. key metrics & ratios
Annual · USD millions except per-share data · 36 lines
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | CAGR | |
|---|---|---|---|---|---|---|---|
| Growth (year over year) | |||||||
| Revenue growth | 2.3% | 8.3% | 5.7% | 3.9% | — | — | |
| Operating income growth | 6.0% | 10.5% | 4.8% | 4.5% | — | — | |
| Net income growth | 7.5% | 6.1% | 10.9% | 3.8% | — | — | |
| EPS (diluted) growth | 10.1% | 7.9% | 12.9% | 5.2% | — | — | |
| Free cash flow growth | -0.7% | 41.8% | 22.2% | -23.6% | — | — | |
| Margins | |||||||
| Gross margin | 70.5% | 69.1% | 68.3% | 67.8% | 68.3% | — | |
| Operating margin | 38.0% | 36.6% | 35.9% | 36.2% | 36.0% | — | |
| EBITDA margin | 43.0% | 41.8% | 43.1% | 41.6% | 40.8% | — | |
| Net margin | 28.2% | 26.9% | 27.4% | 26.2% | 26.2% | — | |
| FCF margin | 24.1% | 24.8% | 19.0% | 16.4% | 22.3% | — | |
| Returns on capital | |||||||
| Return on equity | 80.2% | 52.1% | 46.9% | 48.0% | 44.8% | — | |
| Return on assets | 17.3% | 17.5% | 16.4% | 14.2% | 14.7% | — | |
| Return on invested capital | 27.2% | 28.4% | 25.2% | 26.1% | 29.4% | — | |
| Leverage & liquidity | |||||||
| Debt / equity | 2.85x | 1.41x | 1.35x | 1.84x | 1.48x | — | |
| Net debt / EBITDA | 1.76x | 1.23x | 1.28x | 1.34x | 1.03x | — | |
| Current ratio | 3.03x | 1.75x | 3.36x | 2.37x | 3.86x | — | |
| Interest coverage | 14.80x | 14.02x | 11.90x | 12.35x | 11.88x | — | |
| Profitability & operating | |||||||
| EBIT | 3,582 | 3,375 | 3,194 | 2,893 | 2,724 | +7.1% | |
| EBITDA | 4,069 | 3,872 | 3,685 | 3,358 | 3,172 | +6.4% | |
| Operating income | 3,597 | 3,392 | 3,069 | 2,928 | 2,803 | +6.4% | |
| Income before tax | 3,360 | 3,133 | 2,936 | 2,656 | 2,488 | +7.8% | |
| Net income | 2,673 | 2,486 | 2,344 | 2,114 | 2,037 | +7.0% | |
| Earnings per share | |||||||
| EPS (basic) | $6.03 | $5.47 | $5.08 | $4.51 | $4.29 | +8.9% | |
| EPS (diluted) | $6.02 | $5.47 | $5.07 | $4.49 | $4.27 | +9.0% | |
| Share count (millions) | |||||||
| Weighted avg shares outstanding | 443 | 454 | 461 | 469 | 474 | -1.7% | |
| Weighted avg shares outstanding (diluted) | 444 | 455 | 462 | 470 | 477 | -1.8% | |
| Balance sheet highlights | |||||||
| Net debt | 7,181 | 4,759 | 4,716 | 4,513 | 3,261 | +21.8% | |
| Total debt | 9,493 | 6,744 | 6,755 | 8,090 | 6,743 | +8.9% | |
| Total investments | 0 | 30 | 0 | 0 | 0 | — | |
| Total stockholders' equity | 3,331 | 4,770 | 4,997 | 4,405 | 4,543 | -7.5% | |
| Total assets | 15,467 | 14,237 | 14,286 | 14,925 | 13,900 | +2.7% | |
| Cash flow highlights | |||||||
| Free cash flow | 2,283 | 2,298 | 1,621 | 1,326 | 1,736 | +7.1% | |
| Operating cash flow | 2,904 | 2,953 | 2,353 | 1,912 | 2,213 | +7.0% | |
| Capital expenditure | (621) | (655) | (732) | (586) | (477) | — | |
| Net cash from operating activities | 2,904 | 2,953 | 2,353 | 1,912 | 2,213 | +7.0% | |
| Additional fields | |||||||
| Accrued Expenses | 410 | 746 | 683 | 682 | 710 | -12.8% | |