Zoetis (ZTS) FCF Margin (2012 - 2026)
Zoetis (ZTS) reported FCF Margin of 21.80% for Q2 2026, up 3.25 percentage points from 18.55% a year earlier and up 8.93 percentage points from the prior quarter.
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Analysis
Zoetis (ZTS) FCF Margin (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Zoetis' FCF Margin came in at 24.34%, up 0.14 percentage points year-over-year; for FY2025, it was 24.12%, down 0.71 percentage points from FY2024.
- FCF Margin has a five-year change of -0.95 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 24.83% in FY2024 (+5.85 pp), 18.97% in FY2023 (+2.56 pp), 16.41% in FY2022 (-5.91 pp) and 22.33% in FY2021 (-2.74 pp).
- Five-year quarterly FCF Margin spans a low of 0.78% in Q2 2023 and a high of 32.83% in Q3 2024.
- Year over year, FCF Margin gained in four of the last eight quarters, with an average year-over-year change of +0.23 percentage points.
- The high point for year-over-year FCF Margin in five years was Q2 2024 (a gain of 14.89 percentage points); the low point was Q2 2022 (a drop of 9.63 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 12.86% (Q1 2026), 30.67% (Q4 2025) and 31.46% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 28.82% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 18.33% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 26.96% |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 43.05% |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 34.72% |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 34.70% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 44.00% |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 2.01% |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 30.39% |
| 10 | Zoetis | 29.58 Bn | 21.43 Bn | 1.05 Bn | 21.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
API Access
Zoetis FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=ZTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "ZTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=ZTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();