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Zoetis ZTS Current ratio

Current ratio at other companies

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1.1×0.0×
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1.5×-0.2×

Other financials

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

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Market cap$33B-32.3%
Enterprise value$41.04B-26.4%
P/E12.5×-7.1×
P/S3.5×-1.8×

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×

Where this comes from

Calculated from Zoetis’s reported figures.

Based on the most recent quarter.

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 current ratio?
Zoetis (ZTS) reported current ratio of 3.2× in Q1 2026.
How has Zoetis's current ratio changed year-over-year?
Zoetis's current ratio increased by 81.6% year-over-year, from 1.7× to 3.2×.
What is the long-term trend for Zoetis's current ratio?
Over 5 years (2020 to 2025), Zoetis's current ratio has grown at a 0.5% compound annual growth rate (CAGR), from 3× to 3.1×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.