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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |