Zoetis › Financials
Zoetis financials
ZTSTen years from Zoetis’ own SEC filings. Fiscal years end in December.
Income statement
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.89B | $5.31B | $5.83B | $6.26B | $6.67B | $7.78B | $8.08B | $8.54B | $9.26B | $9.47B | $9.53B | — |
| Net income | $821.0M | $864.0M | $1.43B | $1.50B | $1.64B | $2.04B | $2.11B | $2.34B | $2.49B | $2.67B | $2.64B | — |
| Earnings per share, diluted | $1.65 | $1.75 | $2.93 | $3.11 | $3.42 | $4.27 | $4.49 | $5.07 | $5.47 | $6.02 | — | — |
Balance sheet
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $727.0M | $1.56B | $1.60B | $1.93B | $3.60B | $3.48B | $3.58B | $2.04B | $1.99B | $2.45B | — | $1.48B |
| Total assets | $7.65B | $8.59B | $10.78B | $11.54B | $13.61B | $13.90B | $14.93B | $14.29B | $14.24B | $15.47B | — | $15.08B |
| Debt | $4.47B | $4.95B | $6.44B | $6.45B | $7.20B | $6.59B | $7.90B | $6.56B | $6.57B | $9.04B | — | $9.05B |
| Total liabilities | $6.15B | $6.80B | $8.59B | $8.84B | $9.84B | $9.36B | $10.52B | $9.29B | $9.47B | $12.14B | — | $11.93B |
| Shareholders' equity | $1.49B | $1.77B | $2.19B | $2.71B | $3.77B | $4.54B | $4.41B | $5.00B | $4.77B | $3.33B | — | $3.15B |
Cash flow
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $713.0M | $1.35B | $1.79B | $1.79B | $2.13B | $2.21B | $1.91B | $2.35B | $2.95B | $2.90B | $2.84B | — |
| Capital spending | $216.0M | $224.0M | $338.0M | $460.0M | $453.0M | $477.0M | $586.0M | $732.0M | $655.0M | $621.0M | $524.0M | — |
| Free cash flow | $497.0M | $1.12B | $1.45B | $1.33B | $1.67B | $1.74B | $1.33B | $1.62B | $2.30B | $2.28B | $2.32B | — |
| Buybacks | $300.0M | $500.0M | $698.0M | $626.0M | $250.0M | $743.0M | $1.59B | $1.09B | $1.86B | $3.23B | $3.64B | — |
| Dividends | $188.0M | $206.0M | $243.0M | $314.0M | $380.0M | $474.0M | $611.0M | $692.0M | $786.0M | $889.0M | $889.0M | — |
| Returned to shareholders | $488.0M | $706.0M | $941.0M | $940.0M | $630.0M | $1.22B | $2.21B | $1.78B | $2.64B | $4.12B | $4.53B | — |
| Stock-based pay | $37.0M | $44.0M | $53.0M | $67.0M | $59.0M | $58.0M | $62.0M | $60.0M | $74.0M | $83.0M | $95.0M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
Zoetis financials, answered
What is Zoetis' market cap?
$32.80B at $79.38 a share, with 413,223,602 shares outstanding as of Jul 31, 2026, from the cover of its latest SEC filing.
How much does Zoetis earn?
Revenue of $9.53B and net income of $2.64B in the last 12 months to Jun 2026.
How much debt does Zoetis have?
Zoetis reported $9.05B of debt and $1.48B of cash and equivalents on its balance sheet in Jun 2026.
Does Zoetis make free cash flow?
Yes. Operating cash flow minus capital spending was $2.32B in the last 12 months to Jun 2026.
How much cash does Zoetis return to shareholders?
$4.12B in buybacks and dividends in fiscal 2025, from the cash flow statement.