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Zoetis

ZTS

Zoetis Inc. is a global leader in the animal health industry, specializing in the discovery, development, and commercialization of medicines, vaccines, and diagnostic products.

Market cap
$31.48B-55.6%
Revenue$9.5B+2.6%
Net income$2.6B+6.2%
Free cash flow$2.2B+2.6%
EPS (diluted)$6.03+9.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 3 weeks)
Revenue estimate$2.5B
EPS estimate$1.85

Financials

Q1 2026

Income statement

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Revenue$2.3B+2.9%
Gross profit$1.6B+2.6%
Net income$601.0M-0.2%
EPS (diluted)$1.42+6.0%

Balance sheet

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Cash & equivalents$1.9B+8.9%
Total debt$10.0B+48.0%
Total equity$3.2B-30.5%
Total assets$15.2B+7.5%

Cash flow

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Operating cash flow$401.0M-22.1%
CapEx$110.0M-38.2%
Free cash flow$291.0M-13.6%

Valuation & ratios

Valuation

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Market cap$31.48B-55.6%
Enterprise value$39.53B-48.1%
P/E11.9×-15.5×
P/S3.3×-4.3×

Profitability

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Gross margin71.8%+0.8pp
Net margin27.8%+0.9pp
FCF margin23.5%0.0pp

Returns & leverage

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Return on equity67%+15.8pp
Debt / equity3.1×+1.6×
Current ratio3.2×+1.4×

Segments

By product

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Parasiticides$586.0M+2.4%
Vaccines$519.0M+18.2%
Dermatology$349.0M-7.9%
Anti-infectives$241.0M+1.3%
Pain and sedation$203.0M-1.9%

By segment

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International$1.1B+16.6%
U.S.$1.1B-7.9%

Competitors

Profile

Zoetis Inc. is a global leader in the animal health industry, specializing in the discovery, development, and commercialization of medicines, vaccines, and diagnostic products. The company provides a comprehensive portfolio of animal health solutions designed to predict, prevent, detect, and treat illnesses in both companion animals and livestock. Its value proposition centers on a diverse range of therapeutic areas and advanced precision animal health technologies for veterinarians and producers.

Competitive position

Zoetis is the world's largest standalone animal health company with a dominant market share across multiple species and therapeutic categories.

GeographiesGlobal, North America, Europe, Asia-Pacific, Latin America
Customer segmentsVeterinary Practices, Agribusiness, Retail Pet Owners
Business modelManufacturing, Research and Development, Direct-to-Consumer Marketing
SuppliersRaw Material Suppliers, Active Pharmaceutical Ingredient (API) Manufacturers, Contract Manufacturing Organizations
CustomersVeterinary Hospitals, Retail Pharmacies, Livestock Production Facilities, Pet Specialty Retailers
Listed2013
Employees14.1K
CEOKristin C. Peck
Websitezoetis.com
FilingsSEC EDGAR

Questions, answered.

What is Zoetis's market cap?
Zoetis (ZTS) has a market capitalization of $31.5B and trades on NYSE.
What is Zoetis's revenue and profitability?
Zoetis generated $9.5B in trailing twelve-month revenue with net income of $2.6B, representing a net margin of 27.8%. Gross margin stands at 71.8%, with free cash flow of $2.2B. These figures are based on the Q1 2026 filing.
Who are Zoetis's competitors?
Zoetis's key competitors include Elanco Animal Health Incorporated, IDEXX Laboratories, Inc., Merck & Co., Inc., and others. These companies compete in similar markets and product categories.
Who does Zoetis partner with?
Zoetis's notable partners include Pfizer Inc..
What subsidiaries does Zoetis have?
Zoetis's subsidiaries include Abaxis, Jurox.
Where is Zoetis headquartered?
Zoetis is headquartered in United States of America and employs approximately 14,100 people. It has been publicly traded since 2013.