Zoetis (ZTS) Intangibles (2012 - 2026)
Zoetis (ZTS) recorded Intangibles of $918 million in Q2 2026, down 14.6% from $1.08 billion a year earlier and down 4.3% from the prior quarter.
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Analysis
Zoetis (ZTS) Intangibles (2012 - 2026) Analysis & Trends
At the end of FY2025, Zoetis reported Intangibles of $998 million, down 11.4% from FY2024.
- Annual Intangibles has declined for seven straight years, with a five-year compound annual growth rate of -10.2% (FY2020 to FY2025).
- Across earlier years, Intangibles came in at $1.13 billion in FY2024 (-15.8%), $1.34 billion in FY2023 (-3.0%), $1.38 billion in FY2022 (-6.4%) and $1.47 billion in FY2021 (-13.8%).
- The Q2 2026 figure is the lowest quarterly Intangibles since Q3 2015.
- On a year-over-year basis, Intangibles has declined for 11 consecutive quarters, with an average decline of 13.7% over the last eight quarters.
- Peak year-over-year performance for Intangibles in the last five years was growth of 6.0% in Q3 2023, against a decline of 16.4% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $959 million (Q1 2026), $998 million (Q4 2025) and $1.04 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 48.23 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 49.14 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 24.98 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 42.07 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 37.72 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 20.49 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 14.03 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 47.05 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 412.80 Mn |
| 10 | Zoetis | 28.92 Bn | 20.77 Bn | 1.05 Bn | 918.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 918.00 Mn |
| Mar 31, 2026 | 959.00 Mn |
| Dec 31, 2025 | 998.00 Mn |
| Sep 30, 2025 | 1.04 Bn |
| Jun 30, 2025 | 1.08 Bn |
| Mar 31, 2025 | 1.08 Bn |
| Dec 31, 2024 | 1.13 Bn |
| Sep 30, 2024 | 1.19 Bn |
| Jun 30, 2024 | 1.23 Bn |
| Mar 31, 2024 | 1.30 Bn |
| Dec 31, 2023 | 1.34 Bn |
| Sep 30, 2023 | 1.40 Bn |
| Jun 30, 2023 | 1.25 Bn |
| Mar 31, 2023 | 1.31 Bn |
| Dec 31, 2022 | 1.38 Bn |
| Sep 30, 2022 | 1.32 Bn |
| Jun 30, 2022 | 1.39 Bn |
| Mar 31, 2022 | 1.43 Bn |
| Dec 31, 2021 | 1.47 Bn |
| Sep 30, 2021 | 1.57 Bn |
API Access
Zoetis Intangibles 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=intangibles&ticker=ZTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=ZTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();