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Zoetis ZTS U.S. — Gross Profit

Other segment segments

International
$815M+18.1%

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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$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:GrossProfit.

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 U.S. — gross profit?
Zoetis (ZTS) reported U.S. — gross profit of $896M in Q1 2026.
How has Zoetis's U.S. — gross profit changed year-over-year?
Zoetis's U.S. — gross profit decreased by 8.9% year-over-year, from $984M to $896M.
What is the long-term trend for Zoetis's U.S. — gross profit?
Over 4 years (2021 to 2025), Zoetis's U.S. — gross profit has grown at a 6.9% compound annual growth rate (CAGR), from $3.25B to $4.26B.
What does U.S. — gross profit mean?
This is the residual profit earned from U.S. operations after deducting the direct costs of producing and distributing goods from total U.S. revenue. It measures the core profitability of the U.S. product portfolio before accounting for operating expenses.