Zoetis Inc.

ZTS Healthcare Drug Manufacturers Specialty & Generic

Zoetis Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.5 billion, up 2.28% from fiscal 2024.

Revenue
−0.24%
EPS
+2.48%
Free cash flow
+17.4%
Total debt
+37.5%

Quarter to June 2026, against a year earlier

81.72 7.48 −8.39%
Market cap
$33.9B
P/E
13.4×
Fwd P/E
14.2×
Dividend yield
2.59%
F-score
7/9
Altman Z
5.73
Beneish M
−2.45
Dividend safety
88/100

Zoetis Inc. (ZTS) Gross margin

Alert me on Gross margin

Zoetis Inc.'s gross margin over the twelve months to 30 June 2026 was 71.7%, down 0.2 percentage points from fiscal 2025 (71.8%). Over the past ten years it has ranged from 63.5% (fiscal 2015) to 71.8% (fiscal 2025) — the current reading is the highest in ten years. That is above the Drug Manufacturers Specialty & Generic industry median of 53.5% and above the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 71.8% 1.22
FY2024 70.6% 0.59
FY2023 70.0% 0.40
FY2022 69.6% (0.75)
FY2021 70.4% 1.20
FY2020 69.2% 1.00
FY2019 68.2% 0.99
FY2018 67.2% 0.64
FY2017 66.6% 0.63
FY2016 65.9% 2.39

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 72.7% 1.07
Mar 2026 71.7% 0.93
Dec 2025 70.7% (0.81)
Sep 2025 71.5% (1.62)
42 more quarters

Against its own ten years

Low 63.5% High 71.8%
Ten-year median 69.2%
Current reading's percentile 95

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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