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Zoetis ZTS Price / book

Price / book at other companies

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Merck & Co.MRK
6.5×+1.8×
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1.2×+0.3×
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Idexx LaboratoriesIDXX
25.8×-3.5×
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Phibro Animal HealthPAHC
6.2×+2.9×
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1.9×+0.9×
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Tractor Supply CompanyTSCO
6.3×-5.1×

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 price / book?
Zoetis (ZTS) reported price / book of 9.6× in Q2 2026.
How has Zoetis's price / book changed year-over-year?
Zoetis's price / book decreased by 32.2% year-over-year, from 14.1× to 9.6×.
What is the long-term trend for Zoetis's price / book?
Over 5 years (2020 to 2025), Zoetis's price / book has grown at a -4.8% compound annual growth rate (CAGR), from 20.8× to 16.2×.
What does price / book mean?
Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

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