Zoetis (ZTS) FCF Margin (2012 - 2026)
Zoetis' (ZTS) quarterly FCF Margin came in at 12.86% in Q1 2026, down 247.0% year-on-year from 8.75% in Q1 2025, and up 11.67% on a QoQ basis from 11.52% in Q4 2025.
Zoetis (ZTS) FCF Margin (2012 - 2026) Analysis & Trends
Zoetis (ZTS) has 15 years of FCF Margin data on file, last reported at 12.86% in Q1 2026.
- On a quarterly basis, FCF Margin fell 247.0% year-over-year to 12.86% in Q1 2026; TTM through Mar 2026 was 23.53%, a 704.0% decrease from a year earlier, with the FY2025 full-year figure at 24.12%, down 776.0% from the prior year.
- FCF Margin for Q1 2026 stood at 12.86%, up from 11.52% in the prior quarter.
- Over the last five years, FCF Margin for ZTS reached as high as 52.58% in Q3 2025 and fell as low as 9.31% in Q2 2023.
- Historically, FCF Margin has averaged 24.21% across 5 years, with a median of 20.78% in 2024.
- Across the five-year window, FCF Margin jumped 3638 bps in 2024 and slumped 2758 bps in 2025, its largest moves.
- Year by year, FCF Margin stood at 7.84% in 2022, then jumped by 418 bps to 40.62% in 2023, then decreased by 4 bps to 39.1% in 2024, then slumped by 71 bps to 11.52% in 2025, then increased by 12 bps to 12.86% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 12.86% in Q1 2026, 11.52% in Q4 2025, and 52.58% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | -5.22% |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 12.86% |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | -5.35% |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 46.54% |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 9.93% |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 17.73% |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | -2.77% |
| 10 | Vireo Growth | 10.57 Bn | 10.41 Bn | 59.30 Mn | 1.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.86% |
| Dec 31, 2025 | 11.52% |
| Sep 30, 2025 | 52.58% |
| Jun 30, 2025 | 16.63% |
| Mar 31, 2025 | 15.33% |
| Dec 31, 2024 | 39.10% |
| Sep 30, 2024 | 39.78% |
| Jun 30, 2024 | 27.06% |
| Mar 31, 2024 | 20.78% |
| Dec 31, 2023 | 40.62% |
| Sep 30, 2023 | 51.56% |
| Jun 30, 2023 | -9.31% |
| Mar 31, 2023 | 27.30% |
| Dec 31, 2022 | 7.84% |
| Sep 30, 2022 | 26.27% |
| Jun 30, 2022 | 16.33% |
| Mar 31, 2022 | 15.36% |
| Dec 31, 2021 | 25.98% |
| Sep 30, 2021 | 26.83% |
| Jun 30, 2021 | 15.09% |