Zoetis (ZTS) Debt to Equity (2012 - 2026)
Zoetis (ZTS) reported Debt to Equity of $2.8 for Q1 2026, up 106.95% year-over-year from $1.35 in Q1 2025, and up 5.66% quarter-over-quarter from $2.65 in Q4 2025.
Zoetis (ZTS) Debt to Equity (2012 - 2026) Analysis & Trends
Zoetis (ZTS) has 15 years of Debt to Equity data on file, last reported at $2.8 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $2.8, up 106.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.8 (up 106.95% YoY), and the FY2025 annual result was $2.65, up 95.21% from the prior year.
- Debt to Equity improved to $2.8 in Q1 2026 per ZTS's latest filing, from $2.65 in the prior quarter.
- Over five years, Debt to Equity peaked at $2.8 in Q1 2026 and troughed at $1.26 in Q3 2024.
- A 5-year average of $1.52 and a median of $1.36 in 2024 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2022 and 2026: Debt to Equity retreated 19.6% in 2022, then jumped 106.95% in 2026.
- A 5-year view of Debt to Equity shows it stood at $1.49 in 2022, then fell by 11.61% to $1.32 in 2023, then gained by 3.08% to $1.36 in 2024, then soared by 95.21% to $2.65 in 2025, then advanced by 5.66% to $2.8 in 2026.
- Business Quant data shows ZTS's Debt to Equity at $2.8 in Q1 2026, $2.65 in Q4 2025, and $1.31 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 2.02 |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 2.80 |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | - |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 0.01 |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | - |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 0.61 |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | 0.86 |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 0.47 |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | - |
| 10 | Liquidia | 5.63 Bn | 5.40 Bn | 121.79 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.80 |
| Dec 31, 2025 | 2.65 |
| Sep 30, 2025 | 1.31 |
| Jun 30, 2025 | 1.32 |
| Mar 31, 2025 | 1.35 |
| Dec 31, 2024 | 1.36 |
| Sep 30, 2024 | 1.26 |
| Jun 30, 2024 | 1.32 |
| Mar 31, 2024 | 1.30 |
| Dec 31, 2023 | 1.32 |
| Sep 30, 2023 | 1.29 |
| Jun 30, 2023 | 1.42 |
| Mar 31, 2023 | 1.46 |
| Dec 31, 2022 | 1.49 |
| Sep 30, 2022 | 1.41 |
| Jun 30, 2022 | 1.43 |
| Mar 31, 2022 | 1.41 |
| Dec 31, 2021 | 1.45 |
| Sep 30, 2021 | 1.41 |
| Jun 30, 2021 | 1.52 |