Zoetis (ZTS) FCF Margin (2012 - 2026)
Zoetis (ZTS) posted quarterly FCF Margin of 12.86% for Q1 2026, down 247.0% year-over-year from 8.75% in Q1 2025, and up 11.67% quarter-over-quarter from 11.52% in Q4 2025.
Zoetis (ZTS) FCF Margin (2012 - 2026) Analysis & Trends
Zoetis (ZTS) has reported FCF Margin for 15 consecutive years, with 12.86% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin fell 247.0% year-over-year to 12.86%; the TTM figure through Mar 2026 stood at 23.53% (down 704.0% YoY), while the FY2025 annual figure was 24.12%, down 776.0% from the prior year.
- FCF Margin climbed to 12.86% in Q1 2026 per ZTS's latest filing, from 11.52% in the prior quarter.
- Across five years, FCF Margin topped out at 52.58% in Q3 2025 and bottomed at 9.31% in Q2 2023.
- Historically, FCF Margin has averaged 24.21% across 5 years, with a median of 20.78% in 2024.
- Annual changes were most pronounced in 2024 — FCF Margin soared 3638 bps — and 2025, when it plunged 2758 bps.
- Zoetis' FCF Margin stood at 7.84% in 2022, then surged by 418 bps to 40.62% in 2023, then fell by 4 bps to 39.1% in 2024, then slumped by 71 bps to 11.52% in 2025, then climbed by 12 bps to 12.86% in 2026.
- Business Quant data shows ZTS's FCF Margin at 12.86% in Q1 2026, 11.52% in Q4 2025, and 52.58% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.91 Bn | 42.95 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.07 Bn | 39.42 Bn | 2.15 Bn | 7.41% |
| 3 | Zoetis | 31.54 Bn | 29.86 Bn | 1.05 Bn | 21.80% |
| 4 | Takeda Pharmaceutical | 28.61 Bn | 22.81 Bn | 5.10 Bn | 14.87% |
| 5 | United Therapeutics | 22.19 Bn | 19.53 Bn | 683.80 Mn | 26.25% |
| 6 | Viatris | 18.68 Bn | 17.79 Bn | 1.46 Bn | 8.76% |
| 7 | Neurocrine Biosciences | 15.50 Bn | 15.11 Bn | 935.80 Mn | 13.41% |
| 8 | Elanco Animal Health | 11.76 Bn | 11.23 Bn | 798.00 Mn | 17.84% |
| 9 | Dr Reddys Laboratories | 10.12 Bn | 9.96 Bn | - | - |
| 10 | Alkermes | 8.12 Bn | 7.46 Bn | 397.90 Mn | 27.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.80% |
| 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% |