Zoetis ZTS
NYSE ZTS
$71.52 -1.50 (-2.05%)
As of: Sep 18, 2026 · 3:59 PM EDT

Zoetis (ZTS) Gross Margin (2012 - 2026)

Zoetis' (ZTS) quarterly Gross Margin came in at 42.63% in Q2 2026, down 378.0% year-over-year from 15.33% in Q2 2025, and up 7.61% quarter-over-quarter from 39.61% in Q1 2026.

Analysis

Zoetis (ZTS) Gross Margin (2012 - 2026) Analysis & Trends

Zoetis (ZTS) has reported Gross Margin for 15 consecutive years, with 42.63% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 378.0% year-over-year to 42.63% in Q2 2026; TTM through Jun 2026 was 32.03%, a 231.0% decrease from a year earlier, with the FY2025 full-year figure at 44.95%, up 24.0% from the prior year.
  • Gross Margin was 42.63% for Q2 2026 at Zoetis, up from 39.61% in the prior quarter.
  • Over five years, Gross Margin peaked at 46.4% in Q2 2025 and troughed at 0.0% in Q4 2023.
  • A 5-year average of 38.19% and a median of 43.57% in 2022 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin jumped 310 bps in 2024 and sank 516 bps in 2026, its largest moves.
  • Over 5 years, Gross Margin stood at 0.0% in 2022, then sank by 54 bps to 0.0% in 2023, then soared by 2000000000 bps to 45.56% in 2024, then gained by 1 bps to 45.83% in 2025, then slipped by 7 bps to 42.63% in 2026.
  • The last three Gross Margin figures came in at 42.63% (Q2 2026), 39.61% (Q1 2026), and 45.83% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Idexx Laboratories 40.57 Bn 40.38 Bn 779.09 Mn 64.04%
2 Zoetis 30.57 Bn 28.90 Bn 1.05 Bn 42.63%
3 Elanco Animal Health 11.47 Bn 10.94 Bn 798.00 Mn 58.33%
4 Phibro Animal Health 1.43 Bn 1.35 Bn 134.40 Mn 33.88%
5 Immucell 87.38 Mn 78.52 Mn 2.44 Mn 33.92%
6 Zhengye Biotechnology Holding 64.40 Mn 57.30 Mn - -
7 Global Innovative Platforms 24.88 Mn 24.63 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 42.63%
Mar 31, 2026 39.61%
Sep 30, 2025 45.83%
Jun 30, 2025 46.40%
Mar 31, 2025 44.77%
Sep 30, 2024 45.56%
Jun 30, 2024 45.57%
Mar 31, 2024 43.20%
Dec 31, 2023 0.00%
Sep 30, 2023 43.98%
Jun 30, 2023 43.62%
Mar 31, 2023 40.10%
Dec 31, 2022 0.00%
Sep 30, 2022 44.26%
Jun 30, 2022 43.52%
Mar 31, 2022 42.04%
Dec 31, 2021 0.00%
Sep 30, 2021 43.52%
Jun 30, 2021 41.68%
Mar 31, 2021 40.03%