Zoetis (ZTS) Asset Utilization Ratio (2013 - 2026)
Zoetis' (ZTS) quarterly Asset Utilization Ratio came in at 0.63 in Q2 2026, down 4.06% year-over-year from 0.66 in Q2 2025, and up 1.3% quarter-over-quarter from 0.62 in Q1 2026.
Analysis
Zoetis (ZTS) Asset Utilization Ratio (2013 - 2026) Analysis & Trends
Zoetis (ZTS) has reported Asset Utilization Ratio for 14 consecutive years, with 0.63 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio fell 4.06% year-over-year to 0.63 in Q2 2026; TTM through Jun 2026 was 0.63, a 4.06% decrease from a year earlier, with the FY2025 full-year figure at 0.64, down 1.81% from the prior year.
- Asset Utilization Ratio was 0.63 for Q2 2026 at Zoetis, up from 0.62 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.66 in Q2 2025 and troughed at 0.56 in Q1 2023.
- A 5-year average of 0.61 and a median of 0.61 in 2024 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio increased 11.1% in 2022 and decreased 4.95% in 2026, its largest moves.
- Over 5 years, Asset Utilization Ratio stood at 0.57 in 2022, then rose by 6.46% to 0.6 in 2023, then climbed by 7.62% to 0.65 in 2024, then declined by 4.66% to 0.62 in 2025, then grew by 2.0% to 0.63 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.63 (Q2 2026), 0.62 (Q1 2026), and 0.62 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Idexx Laboratories | 40.03 Bn | 39.83 Bn | 779.09 Mn | 1.33 |
| 2 | Zoetis | 30.55 Bn | 28.87 Bn | 1.05 Bn | 0.63 |
| 3 | Elanco Animal Health | 11.46 Bn | 10.93 Bn | 798.00 Mn | 0.37 |
| 4 | Phibro Animal Health | 1.48 Bn | 1.40 Bn | 134.40 Mn | 1.03 |
| 5 | Immucell | 89.38 Mn | 80.52 Mn | 2.44 Mn | 0.60 |
| 6 | Zhengye Biotechnology Holding | 74.34 Mn | 67.24 Mn | - | - |
| 7 | Global Innovative Platforms | 24.88 Mn | 24.63 Mn | - | 0.33 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.63 |
| Mar 31, 2026 | 0.62 |
| Dec 31, 2025 | 0.62 |
| Sep 30, 2025 | 0.63 |
| Jun 30, 2025 | 0.66 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.65 |
| Sep 30, 2024 | 0.64 |
| Jun 30, 2024 | 0.63 |
| Mar 31, 2024 | 0.61 |
| Dec 31, 2023 | 0.60 |
| Sep 30, 2023 | 0.60 |
| Jun 30, 2023 | 0.60 |
| Mar 31, 2023 | 0.56 |
| Dec 31, 2022 | 0.57 |
| Sep 30, 2022 | 0.58 |
| Jun 30, 2022 | 0.58 |
| Mar 31, 2022 | 0.57 |
| Dec 31, 2021 | 0.56 |
| Sep 30, 2021 | 0.55 |