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
DateValue
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%