Skip to content

Zoetis ZTS Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin71.8%-0.1pp71.8%+0.2pp71.7%+0.2pp71.4%+0.5pp70.9%+0.3pp
Net margin27.8%-0.2pp28%0.0pp28%+0.4pp27.6%+0.7pp26.9%0.0pp
EBITDA margin42.3%-0.4pp42.7%0.0pp42.7%+0.1pp42.5%+0.8pp41.8%+0.1pp
Free cash flow margin23.5%-0.6pp24.2%+0.3pp23.9%+0.2pp23.7%+0.2pp23.5%-1.3pp
Returns
Return on equity67%+2.4pp64.6%+15.3pp49.3%-2.6pp52%+0.7pp51.3%+0.3pp
Return on assets18.1%+0.3pp17.8%0.0pp17.8%-0.3pp18%+0.5pp17.5%+0.1pp
Return on invested capital27%-3.7pp30.7%+3.9pp26.8%-0.2pp27%-0.5pp27.5%-2.5pp
Efficiency
Asset turnover0.7×0.0×0.6×0.0×0.6×0.0×0.7×0.0×0.7×0.0×
Inventory turnover1.1×0.0×1.1×0.0×1.1×0.0×1.1×0.0×1.1×0.0×
Liquidity
Current ratio3.2×0.0×3.1×-0.5×3.6×+1.9×1.8×0.0×1.7×0.0×
Quick ratio1.9×-0.1×-0.3×2.3×+1.2×0.0×0.0×
Cash ratio0.9×-0.2×1.1×0.0×1.2×+0.7×0.4×-0.1×0.5×-0.1×
Leverage
Debt-to-equity3.1×+0.4×2.7×+1.4×1.3×0.0×1.4×-0.1×1.5×+0.3×
Debt-to-assets0.7×+0.1×0.6×+0.1×0.5×0.0×0.5×0.0×0.5×+0.1×
Net debt / EBITDA+0.3×1.7×+0.4×1.3×0.0×1.3×+0.1×1.3×+0.4×
Interest coverage15.4×-0.6×16×-0.3×16.3×0.0×16.3×+1.0×15.3×+0.4×
Per Share
Book value per share$7.65-0.5%$7.69-36.8%$12.18+9.0%$11.17+7.5%$10.39-0.9%
Valuation
Market capitalization$49.9B-10.0%$55.45B-14.5%$64.85B-7.7%$70.24B-4.7%$73.73B+0.3%
Enterprise value$57.95B-7.0%$62.3B-11.1%$70.04B-7.4%$75.6B-3.9%$78.7B+2.4%
Price / earnings18.9×-2.1×21×-3.8×24.7×-2.5×27.2×-2.4×29.6×+0.1×
Price / sales5.2×-0.6×5.9×-1.0×6.9×-0.6×7.5×-0.5×0.0×
Price / book15.4×-0.8×16.2×+4.2×12×-2.1×14.1×-1.7×15.8×+0.4×
EV / EBITDA14.4×-1.1×15.5×-2.1×17.5×-1.5×19×-1.4×20.3×+0.4×
EV / sales6.1×-0.5×6.6×-0.9×7.5×-0.6×8.1×-0.4×8.5×+0.2×
Free cash flow yield4.5%+0.4pp4.1%+0.7pp3.5%+0.3pp3.2%+0.2pp3%-0.2pp
Earnings yield5.3%+0.5pp4.8%+0.7pp4%+0.4pp3.7%+0.3pp3.4%0.0pp
Dividend yield1.8%+0.2pp1.6%+0.3pp1.3%+0.1pp1.2%+0.1pp1.1%0.0pp
PEG ratio3.1×-0.2×3.3×+0.2×3.1×+0.5×2.7×-4.6×7.2×+2.3×

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

Where do Zoetis's ratios come from?
Every ratio is computed from Zoetis's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.