Zoetis (ZTS) FCF Payout Ratio (2012 - 2026)
Zoetis' (ZTS) FCF Payout Ratio stood at 0.41 in Q2 2026, down 14.7% from 0.49 a year earlier and down 46.2% from the prior quarter.
Zoetis (ZTS) FCF Payout Ratio (2012 - 2026) Analysis & Trends
On a TTM basis, Zoetis' FCF Payout Ratio came in at 0.38 as of Jun 30, 2026, up 3.9% year-over-year; for FY2025, it came in at 0.39, up 13.8% from FY2024.
- Across earlier years, FCF Payout Ratio came in at 0.34 in FY2024 (-19.9%), 0.43 in FY2023 (-7.4%), 0.46 in FY2022 (+68.8%) and 0.27 in FY2021 (+20.2%).
- Quarterly FCF Payout Ratio has ranged from 0.22 in Q3 2021 to 10.18 in Q2 2023 over the past five years.
- On a year-over-year basis, FCF Payout Ratio rose in five of the last eight quarters, with growth averaging 8.4%.
- Peak year-over-year performance for FCF Payout Ratio in the last five years was growth of 149.0% in Q2 2022, against a decline of 94.8% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.77 (Q1 2026), 0.30 (Q4 2025) and 0.29 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 0.44 |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | - |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 0.48 |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 0.46 |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | - |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 0.39 |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | - |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 8.12 |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | - |
| 10 | Zoetis | 28.92 Bn | 20.77 Bn | 1.05 Bn | 0.41 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.41 |
| Mar 31, 2026 | 0.77 |
| Dec 31, 2025 | 0.30 |
| Sep 30, 2025 | 0.29 |
| Jun 30, 2025 | 0.49 |
| Mar 31, 2025 | 0.66 |
| Dec 31, 2024 | 0.28 |
| Sep 30, 2024 | 0.25 |
| Jun 30, 2024 | 0.53 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.25 |
| Sep 30, 2023 | 0.30 |
| Jun 30, 2023 | 10.18 |
| Mar 31, 2023 | 0.53 |
| Dec 31, 2022 | 0.26 |
| Sep 30, 2022 | 0.41 |
| Jun 30, 2022 | 0.81 |
| Mar 31, 2022 | 0.79 |
| Dec 31, 2021 | 0.23 |
| Sep 30, 2021 | 0.22 |
Zoetis FCF Payout Ratio 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-payout-ratio&ticker=ZTS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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-payout-ratio&ticker=ZTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();