Zoetis (ZTS) Deferred Taxes (2012 - 2026)
Zoetis' (ZTS) quarterly Deferred Taxes came in at -$33.0 million in Q2 2026, down 1550.0% year-over-year from $2.3 million in Q2 2025, and down 197.06% quarter-over-quarter from $34.0 million in Q1 2026.
Analysis
Zoetis (ZTS) Deferred Taxes (2012 - 2026) Analysis & Trends
Zoetis (ZTS) has reported Deferred Taxes for 15 consecutive years, with -$33.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Deferred Taxes fell 1550.0% year-over-year to -$33.0 million in Q2 2026; TTM through Jun 2026 was -$63.0 million, a 65.38% increase from a year earlier, with the FY2025 full-year figure at -$52.0 million, up 84.62% from the prior year.
- Deferred Taxes was -$33.0 million for Q2 2026 at Zoetis, down from $34.0 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $34.0 million in Q1 2026 and troughed at -$176.0 million in Q4 2022.
- A 5-year average of -$40.9 million and a median of -$33.5 million in 2022 frame the typical range for Deferred Taxes.
- The widest YoY moves for Deferred Taxes: up 142.86% in 2026, down 1550.0% in 2026.
- Over 5 years, Deferred Taxes stood at -$176.0 million in 2022, then jumped by 88.07% to -$21.0 million in 2023, then plunged by 623.81% to -$152.0 million in 2024, then surged by 68.42% to -$48.0 million in 2025, then surged by 31.25% to -$33.0 million in 2026.
- The last three Deferred Taxes figures came in at -$33.0 million (Q2 2026), $34.0 million (Q1 2026), and -$48.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Idexx Laboratories | 40.69 Bn | 40.49 Bn | 779.09 Mn | 6.54 Mn |
| 2 | Zoetis | 30.63 Bn | 28.95 Bn | 1.05 Bn | -33.00 Mn |
| 3 | Elanco Animal Health | 11.77 Bn | 11.24 Bn | 798.00 Mn | - |
| 4 | Phibro Animal Health | 1.49 Bn | 1.41 Bn | 134.40 Mn | -2.44 Mn |
| 5 | Immucell | 90.19 Mn | 81.33 Mn | 2.44 Mn | - |
| 6 | Zhengye Biotechnology Holding | 76.23 Mn | 69.14 Mn | - | - |
| 7 | Global Innovative Platforms | 24.88 Mn | 24.63 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -33.00 Mn |
| Mar 31, 2026 | 34.00 Mn |
| Dec 31, 2025 | -48.00 Mn |
| Sep 30, 2025 | -16.00 Mn |
| Jun 30, 2025 | -2.00 Mn |
| Mar 31, 2025 | 14.00 Mn |
| Dec 31, 2024 | -152.00 Mn |
| Sep 30, 2024 | -42.00 Mn |
| Jun 30, 2024 | -101.00 Mn |
| Mar 31, 2024 | -43.00 Mn |
| Dec 31, 2023 | -21.00 Mn |
| Sep 30, 2023 | -14.00 Mn |
| Jun 30, 2023 | -34.00 Mn |
| Mar 31, 2023 | 8.00 Mn |
| Dec 31, 2022 | -176.00 Mn |
| Sep 30, 2022 | -34.00 Mn |
| Jun 30, 2022 | -31.00 Mn |
| Mar 31, 2022 | -45.00 Mn |
| Dec 31, 2021 | 41.00 Mn |
| Sep 30, 2021 | -97.00 Mn |