Zoetis ZTS
NYSE ZTS
$73.27 -0.29 (-0.39%)
As of: Sep 9, 2026 · 3:49 PM EDT

Zoetis (ZTS) Change in Inventory (2014 - 2026)

Zoetis' (ZTS) quarterly Change in Inventory came in at $23.0 million in Q2 2026, down 71.95% year-over-year from $82.0 million in Q2 2025, and down 79.82% quarter-over-quarter from $114.0 million in Q1 2026.

Analysis

Zoetis (ZTS) Change in Inventory (2014 - 2026) Analysis & Trends

Zoetis (ZTS) has reported Change in Inventory for 13 consecutive years, with $23.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Change in Inventory fell 71.95% year-over-year to $23.0 million in Q2 2026; TTM through Jun 2026 was $169.0 million, a 83.7% increase from a year earlier, with the FY2025 full-year figure at $199.0 million, up 397.5% from the prior year.
  • Change in Inventory was $23.0 million for Q2 2026 at Zoetis, down from $114.0 million in the prior quarter.
  • Over five years, Change in Inventory peaked at $235.0 million in Q1 2023 and troughed at -$136.0 million in Q4 2023.
  • A 5-year average of $67.9 million and a median of $77.5 million in 2023 frame the typical range for Change in Inventory.
  • Across the five-year window, Change in Inventory plunged 383.33% in 2023 and jumped 2350.0% in 2025, its largest moves.
  • Over 5 years, Change in Inventory stood at $48.0 million in 2022, then tumbled by 383.33% to -$136.0 million in 2023, then surged by 46.32% to -$73.0 million in 2024, then soared by 82.19% to -$13.0 million in 2025, then jumped by 276.92% to $23.0 million in 2026.
  • The last three Change in Inventory figures came in at $23.0 million (Q2 2026), $114.0 million (Q1 2026), and -$13.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Idexx Laboratories 40.60 Bn 40.40 Bn 779.09 Mn 4.03 Mn
2 Zoetis 30.59 Bn 28.91 Bn 1.05 Bn 23.00 Mn
3 Elanco Animal Health 11.76 Bn 11.23 Bn 798.00 Mn -
4 Phibro Animal Health 1.50 Bn 1.42 Bn 134.40 Mn -6.20 Mn
5 Immucell 89.92 Mn 81.06 Mn 2.44 Mn -
6 Zhengye Biotechnology Holding 74.81 Mn 67.72 Mn - -
7 Global Innovative Platforms 24.88 Mn 24.63 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 23.00 Mn
Mar 31, 2026 114.00 Mn
Dec 31, 2025 -13.00 Mn
Sep 30, 2025 45.00 Mn
Jun 30, 2025 82.00 Mn
Mar 31, 2025 85.00 Mn
Dec 31, 2024 -73.00 Mn
Sep 30, 2024 -2.00 Mn
Jun 30, 2024 17.00 Mn
Mar 31, 2024 98.00 Mn
Dec 31, 2023 -136.00 Mn
Sep 30, 2023 73.00 Mn
Jun 30, 2023 189.00 Mn
Mar 31, 2023 235.00 Mn
Dec 31, 2022 48.00 Mn
Sep 30, 2022 126.00 Mn
Jun 30, 2022 166.00 Mn
Mar 31, 2022 146.00 Mn
Dec 31, 2021 67.00 Mn
Sep 30, 2021 93.00 Mn