Zoetis (ZTS) Change in Taxes (2014 - 2026)
Zoetis' (ZTS) quarterly Change in Taxes came in at $73.0 million in Q1 2026, down 29.81% year-on-year from $104.0 million in Q1 2025, and up 108.57% on a QoQ basis from $35.0 million in Q4 2025.
Zoetis (ZTS) Change in Taxes (2014 - 2026) Analysis & Trends
Zoetis (ZTS) has 13 years of Change in Taxes data on file, last reported at $73.0 million in Q1 2026.
- On a quarterly basis, Change in Taxes fell 29.81% year-over-year to $73.0 million in Q1 2026; TTM through Mar 2026 was $30.0 million, a 176.92% increase from a year earlier, with the FY2025 full-year figure at $61.0 million, up 458.82% from the prior year.
- Change in Taxes for Q1 2026 stood at $73.0 million, up from $35.0 million in the prior quarter.
- Over the last five years, Change in Taxes for ZTS reached as high as $126.0 million in Q1 2024 and fell as low as -$168.0 million in Q2 2023.
- Historically, Change in Taxes has averaged $10.6 million across 5 years, with a median of $35.0 million in 2025.
- Across the five-year window, Change in Taxes plunged 145.61% in 2023 and surged 600.0% in 2025, its largest moves.
- Year by year, Change in Taxes stood at $57.0 million in 2022, then plunged by 145.61% to -$26.0 million in 2023, then surged by 73.08% to -$7.0 million in 2024, then jumped by 600.0% to $35.0 million in 2025, then jumped by 108.57% to $73.0 million in 2026.
- Per Business Quant data, the three most recent Change in Taxes figures were $73.0 million in Q1 2026, $35.0 million in Q4 2025, and $54.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | - |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 73.00 Mn |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | -411.14 Mn |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | - |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | -463.40 Mn |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 119.80 Mn |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | - |
| 10 | Vireo Growth | 10.57 Bn | 10.41 Bn | 59.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 73.00 Mn |
| Mar 31, 2026 | 73.00 Mn |
| Dec 31, 2025 | 35.00 Mn |
| Dec 31, 2025 | 35.00 Mn |
| Sep 30, 2025 | 54.00 Mn |
| Sep 30, 2025 | 54.00 Mn |
| Jun 30, 2025 | -132.00 Mn |
| Jun 30, 2025 | -132.00 Mn |
| Mar 31, 2025 | 104.00 Mn |
| Mar 31, 2025 | 104.00 Mn |
| Dec 31, 2024 | -7.00 Mn |
| Dec 31, 2024 | -7.00 Mn |
| Sep 30, 2024 | 20.00 Mn |
| Sep 30, 2024 | 20.00 Mn |
| Jun 30, 2024 | -156.00 Mn |
| Jun 30, 2024 | -156.00 Mn |
| Mar 31, 2024 | 126.00 Mn |
| Mar 31, 2024 | 126.00 Mn |
| Dec 31, 2023 | -26.00 Mn |
| Dec 31, 2023 | -26.00 Mn |