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 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 68.19% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 74.74% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 73.54% |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 78.02% |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 83.60% |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 72.04% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 79.76% |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 72.78% |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 85.33% |
| 10 | Zoetis | 28.92 Bn | 20.77 Bn | 1.05 Bn | 42.63% |
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% |
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();