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Zoetis ZTS EV / EBITDA

EV / EBITDA at other companies

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Merck & Co.MRK
23.1×+11.7×
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NeogenNEOG
28.3×-7.1×
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Idexx LaboratoriesIDXX
28.9×+1.9×
Phibro Animal Health logo
Phibro Animal HealthPAHC
9.6×+3.6×
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Elanco Animal Health Inc.ELAN
20.7×
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12.4×-4.9×

Other financials

Income statement

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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

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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

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

Valuation

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

Profitability

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

Returns & leverage

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

Where this comes from

Calculated from Zoetis’s reported figures.

Based on the most recent quarter.

The source filing: Zoetis’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 2:32 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001555280-26-000040

FAQ

What is Zoetis's EV / EBITDA?
Zoetis (ZTS) reported EV / EBITDA of 9.7× in Q2 2026.
How has Zoetis's EV / EBITDA changed year-over-year?
Zoetis's EV / EBITDA decreased by 48.8% year-over-year, from 18.9× to 9.7×.
What is the long-term trend for Zoetis's EV / EBITDA?
Over 5 years (2020 to 2025), Zoetis's EV / EBITDA has grown at a -12.8% compound annual growth rate (CAGR), from 30.5× to 15.4×.
What does EV / EBITDA mean?
Enterprise value (market cap plus total debt minus cash) at the quarter end divided by trailing-twelve-month EBITDA. A capital-structure-neutral valuation multiple.

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