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Zoetis ZTS Horses — Revenue

Other product segments

Dogs and Cats
$1.35B+11.6%
Parasiticides
$586M+2.4%
Vaccines
$519M+18.2%
Cattle
$399M-0.5%
Dermatology
$349M-7.9%
Anti-infectives
$241M+1.3%
Pain and sedation
$203M-1.9%
Other pharmaceutical
$158M0.0%
Swine
$128M-7.9%
Animal health diagnostics
$117M+12.5%
Poultry
$117M-7.9%
Other Non Pharmaceuticals
$66M-7.0%
Fish
$65M+4.8%
Contract manufacturing & human health
$23M-23.3%
Sheep and other
$17M+6.3%

Similar metrics at other companies

Phibro Animal Health logo
PAHCAnimal Health — Revenue
$291.23M+12.7%
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CORAnimal Health — Revenue
$1.44B+5.3%
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ELANFarm Animal: — Revenue
$642M+17.6%
Phibro Animal Health logo
PAHCAnimal Health — Revenue
$291.23M+12.7%
Elanco Animal Health Inc. logo
ELANCattle — Revenue
$316M+16.2%
Elanco Animal Health Inc. logo
ELANPet Health — Revenue
$710M+11.8%

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$31.9B-54.6%
Enterprise value$39.95B-47.2%
P/E12.1×-15.1×
P/S3.4×-4.1×

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:Revenues.

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 horses — revenue?
Zoetis (ZTS) reported horses — revenue of $76M in Q1 2026.
How has Zoetis's horses — revenue changed year-over-year?
Zoetis's horses — revenue increased by 18.8% year-over-year, from $64M to $76M.
What is the long-term trend for Zoetis's horses — revenue?
Over 4 years (2021 to 2025), Zoetis's horses — revenue has grown at a 9.1% compound annual growth rate (CAGR), from $4.43B to $6.28B.
What does horses — revenue mean?
This metric represents the total gross sales generated from products specifically designed for the equine health market, including vaccines, parasiticides, and therapeutic treatments. It reflects the company's ability to capture market share within the specialized companion and performance animal sector. Monitoring this revenue stream provides insight into the demand for high-value animal healthcare solutions and the firm's competitive positioning in the equine segment.