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Zoetis ZTS Quick ratio

Quick ratio at other companies

Merck & Co. logo
Merck & Co.MRK
1.1×-0.2×
Idexx Laboratories logo
Idexx LaboratoriesIDXX
0.8×0.0×
Elanco Animal Health Inc. logo
Elanco Animal Health Inc.ELAN
1.1×-0.3×
Revvity logo
RevvityRVTY
1.4×-1.6×
Tractor Supply Company logo
Tractor Supply CompanyTSCO
0.2×0.0×
Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
1.2×-0.2×

Other financials

Income statement

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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$33B-32.3%
Enterprise value$41.04B-26.4%
P/E12.5×-7.1×
P/S3.5×-1.8×

Profitability

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Gross margin71.8%+0.8pp
Net margin27.8%+0.9pp
FCF margin23.5%0.0pp

Returns & leverage

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Return on equity67%+15.8pp
Debt / equity3.1×+1.6×
Current ratio3.2×+1.4×

Where this comes from

Calculated from Zoetis’s reported figures.

Based on the most recent quarter.

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 quick ratio?
Zoetis (ZTS) reported quick ratio of 1.9× in Q1 2026.
How has Zoetis's quick ratio changed year-over-year?
Zoetis's quick ratio increased by 84.2% year-over-year, from 1× to 1.9×.
What is the long-term trend for Zoetis's quick ratio?
Over 5 years (2020 to 2025), Zoetis's quick ratio has grown at a -2.9% compound annual growth rate (CAGR), from 2.3× to 2×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.