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Zoetis ZTS Business Exit Costs1

Business Exit Costs1 at other companies

Zoetis logo
ZoetisZTS
$1M-50.0%
Unisys logo
UnisysUIS
$800K-27.3%
Employers Holdings logo
Employers HoldingsEIG
$1.9M
Clarus Corporation logo
Clarus CorporationCLAR
$320K+967%
Benchmark Electronics logo
Benchmark ElectronicsBHE
$0
Benchmark Electronics logo
Benchmark ElectronicsBHE
$883K+1,238%

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

Reported directly by Zoetis in its filing.

Tagged under the XBRL concept us-gaap:BusinessExitCosts1.

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
(MILLIONS OF DOLLARS)Three Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Restructuring charges and certain acquisition and divestiture-related costs:
Acquisition-related costs$2$1$4$1
Restructuring charges, net(a):
Employee termination costs, net745945
Asset impairment charges2222
Exit costs1212
Total Restructuring charges and certain acquisition and divestiture-related costs$77$30$99$30

Item 1. Financial Statements

FAQ

What is Zoetis's business exit costs1?
Zoetis (ZTS) reported business exit costs1 of $1M in Q2 2026.
How has Zoetis's business exit costs1 changed year-over-year?
Zoetis's business exit costs1 decreased by 50.0% year-over-year, from $2M to $1M.
What does business exit costs1 mean?
Business Exit Costs1

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