Zoetis (ZTS) Change in Taxes (2014 - 2026)
Zoetis (ZTS) recorded Change in Taxes of -$66 million in Q2 2026, compared with -$129 million a year earlier.
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Analysis
Zoetis (ZTS) Change in Taxes (2014 - 2026) Analysis & Trends
On a TTM basis, Zoetis' Change in Taxes came in at $93 million as of Jun 30, 2026; for FY2025, it was $61 million.
- Annual Change in Taxes has a five-year compound annual growth rate of 29.1% (FY2020 to FY2025).
- Across earlier years, Change in Taxes came in at -$17 million in FY2024, -$34 million in FY2023, $98 million in FY2022 and -$25 million in FY2021.
- Quarterly Change in Taxes has ranged from -$168 million in Q2 2023 to $126 million in Q1 2024 over the past five years.
- On a year-over-year basis, Change in Taxes rose in 1 of the last four quarters, with growth averaging 13.8%.
- Peak year-over-year performance for Change in Taxes in the last five years was growth of 250.0% in Q3 2023, against a decline of 70.7% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $73 million (Q1 2026), $35 million (Q4 2025) and $51 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,082.65 Bn | 1,051.23 Bn | 19.71 Bn | - |
| 2 | Johnson & Johnson | 623.68 Bn | 542.21 Bn | 17.26 Bn | - |
| 3 | AbbVie | 459.43 Bn | 432.59 Bn | 12.70 Bn | -2.22 Bn |
| 4 | Merck | 354.80 Bn | 309.23 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 269.16 Bn | 225.03 Bn | 11.24 Bn | - |
| 6 | Astrazeneca | 244.40 Bn | 217.97 Bn | 12.86 Bn | -1.53 Bn |
| 7 | Amgen | 220.17 Bn | 175.57 Bn | 7.24 Bn | -131.00 Mn |
| 8 | Gilead Sciences | 183.05 Bn | 157.16 Bn | 6.22 Bn | 171.00 Mn |
| 9 | Pfizer | 160.27 Bn | 107.22 Bn | 10.94 Bn | - |
| 10 | Zoetis | 28.63 Bn | 20.48 Bn | 1.05 Bn | -66.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -66.00 Mn |
| Mar 31, 2026 | 73.00 Mn |
| Dec 31, 2025 | 35.00 Mn |
| Sep 30, 2025 | 51.00 Mn |
| Jun 30, 2025 | -129.00 Mn |
| Mar 31, 2025 | 104.00 Mn |
| Dec 31, 2024 | -7.00 Mn |
| Sep 30, 2024 | 20.00 Mn |
| Jun 30, 2024 | -156.00 Mn |
| Mar 31, 2024 | 126.00 Mn |
| Dec 31, 2023 | -26.00 Mn |
| Sep 30, 2023 | 42.00 Mn |
| Jun 30, 2023 | -168.00 Mn |
| Mar 31, 2023 | 118.00 Mn |
| Dec 31, 2022 | 57.00 Mn |
| Sep 30, 2022 | 12.00 Mn |
| Jun 30, 2022 | -88.00 Mn |
| Mar 31, 2022 | 117.00 Mn |
| Dec 31, 2021 | -63.00 Mn |
| Sep 30, 2021 | 41.00 Mn |
API Access
Zoetis Change in Taxes 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=change-in-taxes&ticker=ZTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "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=change-in-taxes&ticker=ZTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();