Zoetis Inc.

ZTS · Large cap · 0 articles

Financial highlights

Metric	FY 12/31/25	FY 12/31/24	FY 12/31/23	FY 12/31/22	FY 12/31/21
Income Statement
Revenue	$9.5B	$9.3B	$8.5B	$8.1B	$7.8B
Cost of revenue	$2.7B	$2.7B	$2.6B	$2.5B	$2.3B
Selling, general & administrative	$2.4B	$2.3B	$2.2B	$2.0B	$2.0B
Research and development	$698.0M	$686.0M	$614.0M	$539.0M	$508.0M
Interest expense	$222.0M	$225.0M	$239.0M	$221.0M	$224.0M
Pretax income	$3.4B	$3.1B	$2.9B	$2.7B	$2.5B
Income tax expense	$687.0M	$637.0M	$596.0M	$545.0M	$454.0M
Net income	$2.7B	$2.5B	$2.3B	$2.1B	$2.0B
Balance Sheet
Current assets	$6.8B	$6.0B	$6.3B	$7.5B	$6.9B
Total assets	$15.5B	$14.2B	$14.3B	$14.9B	$13.9B
Current liabilities	$2.2B	$3.4B	$1.9B	$3.2B	$1.8B
Total liabilities	$12.1B	$9.5B	$9.3B	$10.5B	$9.4B
Total debt	$9.2B	$6.7B	$6.7B	$8.0B	$6.7B
Stockholders' equity	$3.3B	$4.8B	$5.0B	$4.4B	$4.5B
Cash Flow Statement
Cash from operations	$2.9B	$3.0B	$2.4B	$1.9B	$2.2B
Depreciation and amortization	$487.0M	$497.0M	$491.0M	$465.0M	$448.0M
Stock-based compensation	$83.0M	$74.0M	$60.0M	$62.0M	$58.0M
Capital expenditure	$621.0M	$655.0M	$732.0M	$586.0M	$477.0M
Free cash flow	$2.3B	$2.3B	$1.6B	$1.3B	$1.7B
Dividends paid	$897.0M	$812.0M	$716.0M	$631.0M	$509.0M
Share repurchases	$3.2B	$1.9B	$1.1B	$1.6B	$743.0M
Impairments	$47.0M	$31.0M	$46.0M	$53.0M	$47.0M

Shares outstanding 419.2M · Free float 94.4%

Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.