What is Zoetis's SG&A?

Zoetis (ZTS) reported SG&A of $588M in Q1 2026.

How has Zoetis's SG&A changed year-over-year?

Zoetis's SG&A increased by 2.4% year-over-year, from $574M to $588M.

What is the long-term trend for Zoetis's SG&A?

Over 4 years (2021 to 2025), Zoetis's SG&A has grown at a 4.5% compound annual growth rate (CAGR), from $2B to $2.39B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Zoetis ZTS SG&A

SG&A at other companies

Merck & Co.MRK

$2.7B+5.8%

Phibro Animal HealthPAHC

$81.02M+14.0%

Tractor Supply CompanyTSCO

$1.02B+8.7%

RevvityRVTY

$253.88M+1.7%

Central Garden & Pet CompanyCENT

$185.63M+3.3%

Petco Health and Wellness Company, Inc.WOOF

$549.8M-0.7%

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$32.49B-51.7%

Enterprise value$40.54B-44.1%

P/E12.3×-13.7×

P/S3.4×-3.8×

Profitability

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Gross margin71.8%+0.8pp

Net margin27.8%+0.9pp

FCF margin23.5%0.0pp

Returns & leverage

See full

Return on equity67%+15.8pp

Debt / equity3.1×+1.6×

Current ratio3.2×+1.4×

Where this comes from

Reported directly by Zoetis in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

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 SG&A?: Zoetis (ZTS) reported SG&A of $588M in Q1 2026.
How has Zoetis's SG&A changed year-over-year?: Zoetis's SG&A increased by 2.4% year-over-year, from $574M to $588M.
What is the long-term trend for Zoetis's SG&A?: Over 4 years (2021 to 2025), Zoetis's SG&A has grown at a 4.5% compound annual growth rate (CAGR), from $2B to $2.39B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.