What is Zoetis's accrued expenses?

Zoetis (ZTS) reported accrued expenses of $239M in Q1 2026.

How has Zoetis's accrued expenses changed year-over-year?

Zoetis's accrued expenses decreased by 17.9% year-over-year, from $291M to $239M.

What is the long-term trend for Zoetis's accrued expenses?

Over 5 years (2020 to 2025), Zoetis's accrued expenses has grown at a 6.3% compound annual growth rate (CAGR), from $295M to $401M.

What does accrued expenses mean?

Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

Zoetis ZTS Accrued Expenses

Accrued Expenses at other companies

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$144.62M+18.3%

Elanco Animal Health Inc.ELAN

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Tractor Supply CompanyTSCO

$20.98M+20.0%

RevvityRVTY

$10.7M-10.1%

Central Garden & Pet CompanyCENT

$277.15M+0.6%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$401.0M-22.1%

CapEx$110.0M-38.2%

Free cash flow$291.0M-13.6%

Valuation

See full

Market cap$30.13B-54.8%

Enterprise value$38.17B-47.3%

P/E11.4×-14.4×

P/S3.2×-4.0×

Profitability

See full

Gross margin71.8%+0.8pp

Net margin27.8%+0.9pp

FCF margin23.5%0.0pp

Returns & leverage

See full

Return on equity67%+15.8pp

Debt / equity3.1×+1.6×

Current ratio3.2×+1.4×

Where this comes from

Reported directly by Zoetis in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The official record: Zoetis’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Zoetis's accrued expenses?: Zoetis (ZTS) reported accrued expenses of $239M in Q1 2026.
How has Zoetis's accrued expenses changed year-over-year?: Zoetis's accrued expenses decreased by 17.9% year-over-year, from $291M to $239M.
What is the long-term trend for Zoetis's accrued expenses?: Over 5 years (2020 to 2025), Zoetis's accrued expenses has grown at a 6.3% compound annual growth rate (CAGR), from $295M to $401M.
What does accrued expenses mean?: Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.