15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $9.5B | $2.7B | 71.8% | 0.0% | $2.3B | $9.0B | $2.5B |
| 2024 | $9.3B | $2.5B | 70.6% | 0.0% | $2.3B | $6.6B | $2.0B |
| 2023 | $8.5B | $2.3B | 70.0% | 0.0% | $1.6B | $6.6B | $2.0B |
| 2022 | $8.1B | $2.1B | 69.6% | 0.0% | $1.3B | $7.9B | $3.6B |
| 2021 | $7.8B | $2.0B | 70.4% | 0.0% | $1.7B | $6.6B | $3.5B |
| 2020 | $6.7B | $1.6B | 69.2% | 0.0% | $1.7B | $7.2B | $3.6B |
| 2019 | $6.3B | $1.5B | 68.2% | 0.0% | $1.3B | $6.4B | $1.9B |
| 2018 | $5.8B | $1.4B | 67.2% | 0.0% | $1.5B | $6.4B | $1.6B |
| 2017 | $5.3B | $864M | 66.6% | 0.0% | $1.1B | $5.0B | $1.6B |
| 2016 | $4.9B | $821M | 65.9% | 0.0% | $497M | $4.5B | $727M |
| 2015 | — | $339M | — | — | $440M | $4.9B | $1.2B |
| 2014 | — | $583M | — | — | $446M | $3.6B | $882M |
| 2013 | — | $504M | — | — | $497M | $3.6B | $610M |
| 2012 | — | $436M | — | — | $328M | $0 | $317M |
| 2011 | — | $245M | — | — | $362M | — | $79M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $2.3B | $601M | 71.7% | 0.0% | $291M | $9.0B | $1.9B |
| Dec '25 | $2.4B | $603M | 70.2% | 0.0% | $732M | $9.0B | $2.5B |
| Sep '25 | $2.4B | $721M | 71.5% | 0.0% | $805M | $7.1B | $2.1B |
| Jun '25 | $2.5B | $718M | 73.6% | 0.0% | $308M | $6.6B | $1.4B |
| Mar '25 | $2.2B | $602M | 71.9% | 0.0% | $337M | $6.6B | $1.7B |
| Dec '24 | $2.3B | $581M | 69.5% | 0.0% | $689M | $6.6B | $2.0B |
| Sep '24 | $2.4B | $682M | 70.6% | 0.0% | $784M | $6.6B | $1.7B |
| Jun '24 | $2.4B | $624M | 71.7% | 0.0% | $370M | $6.6B | $1.6B |
| Mar '24 | $2.2B | $599M | 70.6% | 0.0% | $455M | $6.6B | $2.0B |
| Dec '23 | $2.2B | $525M | 67.1% | 0.0% | $699M | $6.6B | $2.0B |
| Sep '23 | $2.2B | $596M | 70.3% | 0.0% | $579M | $6.6B | $1.8B |
| Jun '23 | $2.2B | $671M | 72.2% | 0.0% | $17M | $6.6B | $1.7B |
| Mar '23 | $2.0B | $552M | 70.6% | 0.0% | $326M | $6.6B | $2.1B |
| Dec '22 | $2.0B | $461M | 68.0% | 0.0% | $570M | $7.9B | $3.6B |
| Sep '22 | $2.0B | $529M | 69.7% | 0.0% | $372M | $6.6B | $2.5B |
| Jun '22 | $2.1B | $529M | 69.5% | 0.0% | $190M | $6.6B | $2.7B |
| Mar '22 | $2.0B | $595M | 71.3% | 0.0% | $194M | $6.6B | $3.1B |
| Dec '21 | $2.0B | $414M | 69.5% | 0.0% | $511M | $6.6B | $3.5B |
| Sep '21 | $2.0B | $552M | 70.6% | 0.0% | $534M | $6.6B | $3.3B |
| Jun '21 | $1.9B | $512M | 70.8% | 0.0% | $368M | $7.2B | $3.7B |
How the market has priced ZTS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Zoetis's revenue has grown 7.2% per year, and net income grown 10.3% per year. These are computed facts, not advice.
As of FY2025, Zoetis reported $9.0B of total debt against $2.5B of cash.
In FY2025, gross margin was 71.8%, operating margin —, and net margin 28.2%.
As of Jun '26, Zoetis traded at a price-to-earnings ratio of about 12.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.