Zoetis ZTS Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 71.8%+1.2pp | 70.6%+0.6pp | 70%+0.4pp | 69.6%-0.8pp | |
| Net margin | 28%+1.1pp | 26.9%-0.6pp | 27.4%+1.3pp | 26.2%0.0pp | |
| EBITDA margin | 42.7%+1.0pp | 41.6%-1.3pp | 42.9%+1.5pp | 41.4%+0.7pp | |
| Free cash flow margin | 24.2%-0.7pp | 24.8%+5.9pp | 19%+2.6pp | 16.4%-5.9pp | |
| Returns | |||||
| Return on equity | 64.6%+13.7pp | 50.9%+1.0pp | 49.9%+2.6pp | 47.3%-1.8pp | |
| Return on assets | 17.8%+0.4pp | 17.4%+1.4pp | 16%+1.4pp | 14.7%-0.1pp | |
| Return on invested capital | 30.7%+0.8pp | 29.9%+0.8pp | 29.1%-0.5pp | 29.6%-0.3pp | |
| Efficiency | |||||
| Asset turnover | 0.6×0.0× | 0.6×+0.1× | 0.6×0.0× | 0.6×0.0× | |
| Inventory turnover | 1.1×0.0× | 1.1×+0.1× | 1×-0.1× | 1.2×-0.1× | |
| Liquidity | |||||
| Current ratio | 3.1×+1.4× | 1.8×-1.6× | 3.4×+1.0× | 2.4×-1.5× | |
| Quick ratio | 2×+0.9× | 1.1×-0.9× | 2×+0.4× | 1.6×-1.2× | |
| Cash ratio | 1.1×+0.5× | 0.6×-0.5× | 1.1×-0.1× | 1.1×-0.8× | |
| Leverage | |||||
| Debt-to-equity | 2.7×+1.6× | 1.1×-0.2× | 1.4×-0.2× | 1.5×0.0× | |
| Debt-to-assets | 0.6×+0.2× | 0.4×-0.1× | 0.5×0.0× | 0.5×0.0× | |
| Net debt / EBITDA | 1.7×+0.8× | 0.9×-0.4× | 1.3×+0.3× | 1×-0.1× | |
| Interest coverage | 16×+1.0× | 14.9×+1.6× | 13.3×+0.3× | 13×+0.9× | |
| Per Share | |||||
| Book value per share | $7.69-26.6% | $10.49-3.0% | $10.81+15.4% | $9.36-1.7% | |
| Valuation | |||||
| Market capitalization | $55.45B-24.6% | $73.51B-18.9% | $90.59B+32.6% | $68.3B-40.8% | |
| Enterprise value | $62.3B-18.9% | $76.85B-19.4% | $95.36B+33.4% | $71.5B-39.8% | |
| Price / earnings | 21×-8.6× | 29.6×-9.1× | 38.6×+6.3× | 32.3×-24.4× | |
| Price / sales | 5.9×-2.1× | 7.9×-2.7× | 10.6×+2.1× | 8.5×-6.4× | |
| Price / book | 16.2×+0.8× | 15.4×-2.7× | 18.1×+2.6× | 15.5×-9.9× | |
| EV / EBITDA | 15.5×-4.5× | 19.9×-6.1× | 26×+4.6× | 21.4×-16.2× | |
| EV / sales | 6.6×-1.7× | 8.3×-2.9× | 11.2×+2.3× | 8.8×-6.4× | |
| Free cash flow yield | 4.1%+1.0pp | 3.1%+1.3pp | 1.8%-0.2pp | 1.9%+0.4pp | |
| Earnings yield | 4.8%+1.4pp | 3.4%+0.8pp | 2.6%-0.5pp | 3.1%+1.3pp | |
| Dividend yield | 1.6%+0.5pp | 1.1%+0.3pp | 0.8%-0.1pp | 0.9%+0.5pp | |
| PEG ratio | 3.3×-1.6× | 4.9×+1.3× | 3.6×-5.0× | 8.5×+6.2× |
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.
