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Zoetis ZTS Net margin

Net margin at other companies

Merck & Co. logo
Merck & Co.MRK
4.8%-21.0pp
Neogen logo
NeogenNEOG
-69.9%+30.8pp
Idexx Laboratories logo
Idexx LaboratoriesIDXX
25%+0.6pp
Phibro Animal Health logo
Phibro Animal HealthPAHC
6.3%+3.7pp
Elanco Animal Health Inc. logo
Elanco Animal Health Inc.ELAN
-4%-13.8pp
Tractor Supply Company logo
Tractor Supply CompanyTSCO
11.9%+4.8pp

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
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 trailing twelve months.

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 net margin?
Zoetis (ZTS) reported net margin of 27.5% in Q2 2026.
How has Zoetis's net margin changed year-over-year?
Zoetis's net margin decreased by 0.5% year-over-year, from 27.6% to 27.5%.
What is the long-term trend for Zoetis's net margin?
Over 5 years (2020 to 2025), Zoetis's net margin has grown at a 2.7% compound annual growth rate (CAGR), from 24.5% to 28%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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