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

Zoetis (ZTS) Free Cash Flow (2012 - 2026)

Zoetis' (ZTS) quarterly Free Cash Flow came in at $538.0 million in Q2 2026, up 17.21% year-over-year from $459.0 million in Q2 2025, and up 84.88% quarter-over-quarter from $291.0 million in Q1 2026.

Analysis

Zoetis (ZTS) Free Cash Flow (2012 - 2026) Analysis & Trends

Zoetis (ZTS) has reported Free Cash Flow for 15 consecutive years, with $538.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Free Cash Flow rose 17.21% year-over-year to $538.0 million in Q2 2026; TTM through Jun 2026 was $2.3 billion, a 2.07% increase from a year earlier, with the FY2025 full-year figure at $2.3 billion, down 0.65% from the prior year.
  • Free Cash Flow was $538.0 million for Q2 2026 at Zoetis, up from $291.0 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $784.0 million in Q3 2024 and troughed at $17.0 million in Q2 2023.
  • A 5-year average of $464.3 million and a median of $457.0 million in 2024 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow slumped 91.05% in 2023 and jumped 2076.47% in 2024, its largest moves.
  • Over 5 years, Free Cash Flow stood at $570.0 million in 2022, then gained by 22.63% to $699.0 million in 2023, then fell by 1.43% to $689.0 million in 2024, then grew by 6.24% to $732.0 million in 2025, then dropped by 26.5% to $538.0 million in 2026.
  • The last three Free Cash Flow figures came in at $538.0 million (Q2 2026), $291.0 million (Q1 2026), and $732.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Idexx Laboratories 40.69 Bn 40.49 Bn 779.09 Mn 322.52 Mn
2 Zoetis 30.63 Bn 28.95 Bn 1.05 Bn 538.00 Mn
3 Elanco Animal Health 11.77 Bn 11.24 Bn 798.00 Mn 244.00 Mn
4 Phibro Animal Health 1.49 Bn 1.41 Bn 134.40 Mn 5.23 Mn
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 - -188,681.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 538.00 Mn
Mar 31, 2026 291.00 Mn
Dec 31, 2025 732.00 Mn
Sep 30, 2025 755.00 Mn
Jun 30, 2025 459.00 Mn
Mar 31, 2025 337.00 Mn
Dec 31, 2024 689.00 Mn
Sep 30, 2024 784.00 Mn
Jun 30, 2024 370.00 Mn
Mar 31, 2024 455.00 Mn
Dec 31, 2023 699.00 Mn
Sep 30, 2023 579.00 Mn
Jun 30, 2023 17.00 Mn
Mar 31, 2023 326.00 Mn
Dec 31, 2022 570.00 Mn
Sep 30, 2022 372.00 Mn
Jun 30, 2022 190.00 Mn
Mar 31, 2022 194.00 Mn
Dec 31, 2021 511.00 Mn
Sep 30, 2021 534.00 Mn