Current Assets

Total Current Assets

Zoetis Total Current Assets decreased by 4.4% to $6.47B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.2%, from $5.88B to $6.47B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows relatively stable performance with a 0.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.

Detailed definition

The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...

Peer comparison

High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.

Metric ID: total_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$7.05B$6.68B$6.93B$6.84B$6.65B$6.55B$7.51B$6.27B$6.18B$6.22B$6.34B$6.36B$6.20B$6.28B$5.99B$5.88B$5.92B$6.58B$6.77B$6.47B
QoQ Change-5.2%+3.7%-1.3%-2.7%-1.5%+14.6%-16.5%-1.4%+0.6%+1.9%+0.3%-2.5%+1.3%-4.7%-1.8%+0.8%+11.1%+2.9%-4.4%
YoY Change-5.6%-2.0%+8.3%-8.3%-7.0%-5.0%-15.5%+1.4%+0.3%+1.0%-5.6%-7.6%-4.5%+4.8%+13.1%+10.2%
Range$5.88B$7.51B
CAGR-1.8%
Avg YoY Growth-1.4%
Median YoY Growth-3.2%

Frequently Asked Questions

What is Zoetis's total current assets?
Zoetis (ZTS) reported total current assets of $6.47B in Q1 2026.
How has Zoetis's total current assets changed year-over-year?
Zoetis's total current assets increased by 10.2% year-over-year, from $5.88B to $6.47B.
What is the long-term trend for Zoetis's total current assets?
Over 5 years (2020 to 2025), Zoetis's total current assets has grown at a 0.5% compound annual growth rate (CAGR), from $6.61B to $6.77B.
What does total current assets mean?
Everything the company owns that can be turned into cash within a single year.