Zoetis (ZTS) Change in Taxes (2014 - 2026)
Zoetis (ZTS) reported Change in Taxes of $73.0 million for Q1 2026, down 29.81% year-over-year from $104.0 million in Q1 2025, and up 108.57% quarter-over-quarter 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.
- Change in Taxes for Q1 2026 came in at $73.0 million, down 29.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $30.0 million (up 176.92% YoY), and the FY2025 annual result was $61.0 million, up 458.82% from the prior year.
- Change in Taxes grew to $73.0 million in Q1 2026 per ZTS's latest filing, from $35.0 million in the prior quarter.
- Over five years, Change in Taxes peaked at $126.0 million in Q1 2024 and troughed at -$168.0 million in Q2 2023.
- A 5-year average of $10.6 million and a median of $35.0 million in 2025 frame the typical range for Change in Taxes.
- The sharpest annual moves came in 2023 and 2025: Change in Taxes slumped 145.61% in 2023, then jumped 600.0% in 2025.
- A 5-year view of Change in Taxes shows it stood at $57.0 million in 2022, then tumbled 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.
- Business Quant data shows ZTS's Change in Taxes at $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 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | - |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 73.00 Mn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | - |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | - |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 119.80 Mn |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | - |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | - |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | - |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | - |
| 10 | Liquidia | 5.64 Bn | 5.42 Bn | 121.79 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 |