Zoetis (ZTS) Gross Margin (2012 - 2026)
Zoetis (ZTS) posted Gross Margin of 42.63% for Q2 2026, down 3.78 percentage points from 46.40% a year earlier but up 3.01 percentage points from the prior quarter.
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Analysis
Zoetis (ZTS) Gross Margin (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Zoetis was 32.03%, down 2.31 percentage points year-over-year; for FY2025, it came in at 44.95%, up 0.24 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +2.28 percentage points (FY2020 to FY2025).
- In prior years, Zoetis' Gross Margin was 44.71% in FY2024 (+1.93 pp), 42.78% in FY2023 (-0.66 pp), 43.44% in FY2022 (+1.59 pp) and 41.85% in FY2021 (-0.82 pp).
- Quarterly Gross Margin has run from a low of 0.00% in Q4 2023 to a high of 46.40% in Q2 2025 over five years.
- On a year-over-year basis, Gross Margin increased in four of the last six quarters, with an average year-over-year change of -0.78 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2024, with a gain of 3.10 percentage points; the weakest was Q1 2026, with a drop of 5.16 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,165.22 Bn | 1,133.81 Bn | 19.71 Bn | 85.78% |
| 2 | Johnson & Johnson | 646.28 Bn | 566.14 Bn | 17.30 Bn | 68.12% |
| 3 | AbbVie | 503.17 Bn | 476.28 Bn | 12.70 Bn | 74.74% |
| 4 | Merck | 365.23 Bn | 319.60 Bn | 12.21 Bn | 73.54% |
| 5 | Novartis Ag | 302.66 Bn | 266.65 Bn | 11.24 Bn | 78.02% |
| 6 | Astrazeneca | 267.39 Bn | 241.08 Bn | 12.86 Bn | 83.60% |
| 7 | Amgen | 241.61 Bn | 197.01 Bn | 7.24 Bn | 72.04% |
| 8 | Gilead Sciences | 194.67 Bn | 168.86 Bn | 6.22 Bn | 79.76% |
| 9 | Pfizer | 172.91 Bn | 119.55 Bn | 10.94 Bn | 72.78% |
| 10 | Zoetis | 34.23 Bn | 26.08 Bn | 1.80 Bn | 72.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 72.73% |
| Mar 31, 2026 | 71.66% |
| Dec 31, 2025 | 70.17% |
| Sep 30, 2025 | 71.54% |
| Jun 30, 2025 | 73.16% |
| Mar 31, 2025 | 71.88% |
| Dec 31, 2024 | 69.49% |
| Sep 30, 2024 | 70.64% |
| Jun 30, 2024 | 71.71% |
| Mar 31, 2024 | 70.64% |
| Dec 31, 2023 | 67.10% |
| Sep 30, 2023 | 70.34% |
| Jun 30, 2023 | 72.16% |
| Mar 31, 2023 | 70.60% |
| Dec 31, 2022 | 67.99% |
| Sep 30, 2022 | 69.68% |
| Jun 30, 2022 | 69.54% |
| Mar 31, 2022 | 71.35% |
| Dec 31, 2021 | 69.50% |
| Sep 30, 2021 | 70.55% |
API Access
Zoetis Gross Margin 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=gross-margin&ticker=ZTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=ZTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();