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
DateValue
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