Zoetis (ZTS) Cash from Operations (2012 - 2026)
Zoetis (ZTS) recorded Cash from Operations of $655 million in Q2 2026, up 8.3% from $605 million a year earlier and up 63.3% from the prior quarter.
Powered by 
Analysis
Zoetis (ZTS) Cash from Operations (2012 - 2026) Analysis & Trends
On a TTM basis, Zoetis' Cash from Operations came in at $2.84 billion as of Jun 30, 2026, down 4.6% year-over-year; for FY2025, it was $2.9 billion, down 1.7% from FY2024.
- Annual Cash from Operations has a five-year compound annual growth rate of 6.4% (FY2020 to FY2025).
- Across earlier years, Cash from Operations came in at $2.95 billion in FY2024 (+25.5%), $2.35 billion in FY2023 (+23.1%), $1.91 billion in FY2022 (-13.6%) and $2.21 billion in FY2021 (+4.1%).
- Quarterly Cash from Operations has ranged from $183 million in Q2 2023 to $951 million in Q3 2024 over the past five years.
- On a year-over-year basis, Cash from Operations rose in four of the last eight quarters, with growth averaging 2.2%.
- Peak year-over-year performance for Cash from Operations in the last five years was growth of 174.3% in Q2 2024, against a decline of 45.5% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $401 million (Q1 2026), $893 million (Q4 2025) and $891 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 8.62 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 3.44 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 5.37 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 5.88 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 4.58 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 4.00 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 3.57 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 835.00 Mn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 1.13 Bn |
| 10 | Zoetis | 28.92 Bn | 20.77 Bn | 1.05 Bn | 655.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 655.00 Mn |
| Mar 31, 2026 | 401.00 Mn |
| Dec 31, 2025 | 893.00 Mn |
| Sep 30, 2025 | 891.00 Mn |
| Jun 30, 2025 | 605.00 Mn |
| Mar 31, 2025 | 515.00 Mn |
| Dec 31, 2024 | 905.00 Mn |
| Sep 30, 2024 | 951.00 Mn |
| Jun 30, 2024 | 502.00 Mn |
| Mar 31, 2024 | 595.00 Mn |
| Dec 31, 2023 | 897.00 Mn |
| Sep 30, 2023 | 724.00 Mn |
| Jun 30, 2023 | 183.00 Mn |
| Mar 31, 2023 | 549.00 Mn |
| Dec 31, 2022 | 741.00 Mn |
| Sep 30, 2022 | 526.00 Mn |
| Jun 30, 2022 | 336.00 Mn |
| Mar 31, 2022 | 309.00 Mn |
| Dec 31, 2021 | 679.00 Mn |
| Sep 30, 2021 | 653.00 Mn |
API Access
Zoetis Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=ZTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "ZTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=ZTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();