Zoetis (ZTS) Net Cash Flow (2012 - 2026)
Zoetis (ZTS) recorded Net Cash Flow of -$458 million in Q2 2026, compared with -$171 million a year earlier.
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Analysis
Zoetis (ZTS) Net Cash Flow (2012 - 2026) Analysis & Trends
On a TTM basis, Zoetis' Net Cash Flow came in at -$162 million as of Jun 30, 2026; for FY2025, it was $286 million.
- Annual Net Cash Flow has a five-year compound annual growth rate of -29.8% (FY2020 to FY2025).
- Across earlier years, Net Cash Flow came in at -$22 million in FY2024, -$1.53 billion in FY2023, $125 million in FY2022 and -$107 million in FY2021.
- Quarterly Net Cash Flow has ranged from -$1.47 billion in Q1 2023 to $1.08 billion in Q4 2022 over the past five years.
- On a year-over-year basis, Net Cash Flow rose in two of the last four quarters, with growth averaging 144.6%.
- Per Business Quant, the preceding three quarters came in at -$526 million (Q1 2026), $232 million (Q4 2025) and $590 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | -1.27 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | -2.82 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 1.53 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 757.00 Mn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 1.62 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 1.95 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | -4.43 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | -722.00 Mn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 652.90 Mn |
| 10 | Zoetis | 28.92 Bn | 20.77 Bn | 1.05 Bn | -458.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -458.00 Mn |
| Mar 31, 2026 | -526.00 Mn |
| Dec 31, 2025 | 232.00 Mn |
| Sep 30, 2025 | 590.00 Mn |
| Jun 30, 2025 | -171.00 Mn |
| Mar 31, 2025 | -365.00 Mn |
| Dec 31, 2024 | 286.00 Mn |
| Sep 30, 2024 | 145.00 Mn |
| Jun 30, 2024 | -393.00 Mn |
| Mar 31, 2024 | -60.00 Mn |
| Dec 31, 2023 | 290.00 Mn |
| Sep 30, 2023 | 37.00 Mn |
| Jun 30, 2023 | -391.00 Mn |
| Mar 31, 2023 | -1.47 Bn |
| Dec 31, 2022 | 1.08 Bn |
| Sep 30, 2022 | -127.00 Mn |
| Jun 30, 2022 | -477.00 Mn |
| Mar 31, 2022 | -354.00 Mn |
| Dec 31, 2021 | 223.00 Mn |
| Sep 30, 2021 | -380.00 Mn |
API Access
Zoetis Net Cash Flow 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=net-cash-flow&ticker=ZTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=ZTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();