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
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