Zoetis Inc. ZTS

71.05 0.78 1.11% as of 25 Sep
Market cap
$29.2B
P/E
11.7×
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Zoetis Inc. (ZTS) 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 53.9% and above the Healthcare sector median of 53.7%.

Gross margin, annual

Annual

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

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 100

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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