Zoetis ZTS
NYSE ZTS
$73.31 -0.25 (-0.34%)
As of: Sep 9, 2026 · 3:59 PM EDT

Zoetis (ZTS) FCF Margin (2012 - 2026)

Zoetis' (ZTS) quarterly FCF Margin came in at 21.8% in Q2 2026, up 325.0% year-over-year from 5.13% in Q2 2025, and up 69.45% quarter-over-quarter from 12.86% in Q1 2026.

Analysis

Zoetis (ZTS) FCF Margin (2012 - 2026) Analysis & Trends

Zoetis (ZTS) has reported FCF Margin for 15 consecutive years, with 21.8% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, FCF Margin rose 325.0% year-over-year to 21.8% in Q2 2026; TTM through Jun 2026 was 24.34%, a 14.0% increase from a year earlier, with the FY2025 full-year figure at 24.12%, down 71.0% from the prior year.
  • FCF Margin was 21.8% for Q2 2026 at Zoetis, up from 12.86% in the prior quarter.
  • Over five years, FCF Margin peaked at 32.83% in Q3 2024 and troughed at 0.78% in Q2 2023.
  • A 5-year average of 20.6% and a median of 19.68% in 2022 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin plunged 963 bps in 2022 and jumped 1489 bps in 2024, its largest moves.
  • Over 5 years, FCF Margin stood at 27.94% in 2022, then increased by 13 bps to 31.59% in 2023, then declined by 6 bps to 29.74% in 2024, then grew by 3 bps to 30.67% in 2025, then declined by 29 bps to 21.8% in 2026.
  • The last three FCF Margin figures came in at 21.8% (Q2 2026), 12.86% (Q1 2026), and 30.67% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Idexx Laboratories 40.69 Bn 40.49 Bn 779.09 Mn 26.51%
2 Zoetis 30.63 Bn 28.95 Bn 1.05 Bn 21.80%
3 Elanco Animal Health 11.77 Bn 11.24 Bn 798.00 Mn 17.84%
4 Phibro Animal Health 1.49 Bn 1.41 Bn 134.40 Mn 1.32%
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 - -372.15%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 21.80%
Mar 31, 2026 12.86%
Dec 31, 2025 30.67%
Sep 30, 2025 31.46%
Jun 30, 2025 18.55%
Mar 31, 2025 15.33%
Dec 31, 2024 29.74%
Sep 30, 2024 32.83%
Jun 30, 2024 15.67%
Mar 31, 2024 20.78%
Dec 31, 2023 31.59%
Sep 30, 2023 26.92%
Jun 30, 2023 0.78%
Mar 31, 2023 16.30%
Dec 31, 2022 27.94%
Sep 30, 2022 18.58%
Jun 30, 2022 9.26%
Mar 31, 2022 9.77%
Dec 31, 2021 25.98%
Sep 30, 2021 26.83%