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Zoetis ZTS Shares (Diluted)

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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$32.4B-52.1%
Enterprise value$40.45B-44.5%
P/E12.3×-13.9×
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

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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:WeightedAverageNumberOfDilutedSharesOutstanding.

The source filing: Zoetis’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:26 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001555280-26-000024
Line itemThree Months Ended / March 31,Three Months Ended / March 31,
Net income attributable to Zoetis Inc.$$601$$602
Earnings per share attributable to Zoetis Inc. stockholders:
Basic$$1.42$$1.34
Diluted$$1.42$$1.34
Weighted-average common shares outstanding:
Basic422.1447.6
Diluted422.4448.0
Dividends declared per common share$$0.530$$0.500

Item 1. Financial Statements

FAQ

What is Zoetis's shares (diluted)?
Zoetis (ZTS) reported shares (diluted) of 422.4M in Q1 2026.
How has Zoetis's shares (diluted) changed year-over-year?
Zoetis's shares (diluted) decreased by 5.7% year-over-year, from 448M to 422.4M.
What is the long-term trend for Zoetis's shares (diluted)?
Over 4 years (2021 to 2025), Zoetis's shares (diluted) has grown at a -1.7% compound annual growth rate (CAGR), from 1.9B to 1.8B.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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