What is Zoetis's income tax?

Zoetis (ZTS) reported income tax of $157M in Q1 2026.

How has Zoetis's income tax changed year-over-year?

Zoetis's income tax decreased by 8.2% year-over-year, from $171M to $157M.

What is the long-term trend for Zoetis's income tax?

Over 4 years (2021 to 2025), Zoetis's income tax has grown at a 10.6% compound annual growth rate (CAGR), from $454M to $679M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Zoetis ZTS Income Tax

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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

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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$32.49B-51.7%

Enterprise value$40.54B-44.1%

P/E12.3×-13.7×

P/S3.4×-3.8×

Profitability

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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:IncomeTaxExpenseBenefit.

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 income tax?: Zoetis (ZTS) reported income tax of $157M in Q1 2026.
How has Zoetis's income tax changed year-over-year?: Zoetis's income tax decreased by 8.2% year-over-year, from $171M to $157M.
What is the long-term trend for Zoetis's income tax?: Over 4 years (2021 to 2025), Zoetis's income tax has grown at a 10.6% compound annual growth rate (CAGR), from $454M to $679M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.