Skip to content
Screener

Zoetis ZTS Acquisitions

Acquisitions at other companies

Merck & Co. logo
Merck & Co.MRK
$8.78B
Phibro Animal Health logo
Phibro Animal HealthPAHC
$1.05M+28.3%
Elanco Animal Health Inc. logo
Elanco Animal Health Inc.ELAN
$0-100%
Tractor Supply Company logo
Tractor Supply CompanyTSCO
$0-100%
Central Garden & Pet Company logo
Central Garden & Pet CompanyCENT
$720K
Petco Health and Wellness Company, Inc. logo
Petco Health and Wellness Company, Inc.WOOF
$0-100%

Other financials

Income statement

See full
Revenue$2.5B-0.2%
Gross profit$1.8B-0.8%
Net income$691.0M-4.8%
EPS (diluted)$1.65+1.2%

Balance sheet

See full
Cash & equivalents$1.5B-9.6%
Total debt$10.0B+47.1%
Total equity$3.1B-36.7%
Total assets$15.1B+4.1%

Cash flow

See full
Operating cash flow$655.0M+8.3%
CapEx$117.0M-19.9%
Free cash flow$538.0M+17.2%

Valuation

See full
Market cap$31.19B-52.0%
Enterprise value$39.7B-43.4%
P/E11.9×-13.1×
P/S3.3×-3.7×

Profitability

See full
Gross margin71.5%+0.2pp
Net margin27.5%-0.1pp
FCF margin24.3%+0.1pp

Returns & leverage

See full
Return on equity64.4%+12.3pp
Debt / equity3.2×+1.8×
Current ratio3.1×+1.3×

Where this comes from

Reported directly by Zoetis in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessTwoNetOfCashAcquired.

The source filing: Zoetis’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 4:49 PM EST
Fiscal year
FY2025
Accession
0001555280-26-000011
(MILLIONS OF DOLLARS)Year Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Net cash provided by operating activities2,9042,9532,353
Investing Activities
Capital expenditures(621)(655)(732)
Acquisitions, net of cash acquired(24)(8)(155)
Purchase of investments(7)(5)(4)
(Payments of)/proceeds from derivative instrument activity, net(93)6212
(Payment of)/proceeds from sale of businesses, net of cash sold and working capital adjustments(4)29396
Other investing activities1(2)6

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Zoetis's acquisitions?
Zoetis (ZTS) reported acquisitions of $14M in Q4 2025.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

Ask your AI about Zoetis's acquisitions.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude