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Zoetis ZTS Asset write-downs

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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$32.39B-50.1%
Enterprise value$40.91B-41.6%
P/E12.4×-12.7×
P/S3.4×-3.5×

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

Reported directly by Zoetis in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

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

Filed
Aug 6, 2026, 2:32 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001555280-26-000040
Line itemSix Months Ended / June 30,Six Months Ended / June 30,Six Months Ended / June 30,Six Months Ended / June 30,
Adjustments to reconcile net income before noncontrolling interests to net cash provided by operating activities:
Depreciation and amortization expense238243
Share-based compensation expense5139
Asset write-offs and asset impairments33
Net loss on sale of business, excluding transaction costs3
Net gain on sale of assets(7)
Provision for losses on inventory2635
Deferred taxes112

Item 1. Financial Statements

FAQ

What is Zoetis's asset write-downs?
Zoetis (ZTS) reported asset write-downs of $0 in Q2 2026.
How has Zoetis's asset write-downs changed year-over-year?
Zoetis's asset write-downs decreased by 100.0% year-over-year, from $31M to $0.
What is the long-term trend for Zoetis's asset write-downs?
Over 4 years (2021 to 2025), Zoetis's asset write-downs has grown at a 0.0% compound annual growth rate (CAGR), from $47M to $47M.
What does asset write-downs mean?
Asset write-downs

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