Zoetis (ZTS) Net Margin (2012 - 2026)
Zoetis (ZTS) posted quarterly Net Margin of 26.57% for Q1 2026, down 82.0% year-over-year from 147.61% in Q1 2025, and up 5.18% quarter-over-quarter from 25.26% in Q4 2025.
Zoetis (ZTS) Net Margin (2012 - 2026) Analysis & Trends
Zoetis (ZTS) has reported Net Margin for 15 consecutive years, with 26.57% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 82.0% year-over-year to 26.57%; the TTM figure through Mar 2026 stood at 27.79% (up 82.0% YoY), while the FY2025 annual figure was 28.23%, up 127.0% from the prior year.
- Net Margin advanced to 26.57% in Q1 2026 per ZTS's latest filing, from 25.26% in the prior quarter.
- Across five years, Net Margin topped out at 30.73% in Q2 2023 and bottomed at 22.55% in Q4 2022.
- Historically, Net Margin has averaged 27.09% across 5 years, with a median of 27.35% in 2024.
- Annual changes were most pronounced in 2023 — Net Margin soared 495 bps — and 2024, when it plunged 430 bps.
- Zoetis' Net Margin stood at 22.55% in 2022, then climbed by 5 bps to 23.63% in 2023, then rose by 6 bps to 25.08% in 2024, then rose by 1 bps to 25.26% in 2025, then climbed by 5 bps to 26.57% in 2026.
- Business Quant data shows ZTS's Net Margin at 26.57% in Q1 2026, 25.26% in Q4 2025, and 30.04% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.65 Bn | 42.68 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.09 Bn | 39.44 Bn | 2.15 Bn | -13.91% |
| 3 | Zoetis | 31.54 Bn | 29.86 Bn | 1.05 Bn | 35.09% |
| 4 | Takeda Pharmaceutical | 28.61 Bn | 22.81 Bn | 5.10 Bn | 9.28% |
| 5 | United Therapeutics | 22.11 Bn | 19.45 Bn | 683.80 Mn | 42.51% |
| 6 | Viatris | 18.77 Bn | 17.88 Bn | 1.46 Bn | -3.16% |
| 7 | Neurocrine Biosciences | 15.62 Bn | 15.23 Bn | 935.80 Mn | 15.06% |
| 8 | Elanco Animal Health | 12.07 Bn | 11.54 Bn | 798.00 Mn | 3.95% |
| 9 | Dr Reddys Laboratories | 10.09 Bn | 9.93 Bn | - | - |
| 10 | Alkermes | 8.20 Bn | 7.54 Bn | 397.90 Mn | 0.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 28.00% |
| Mar 31, 2026 | 26.57% |
| Dec 31, 2025 | 25.26% |
| Sep 30, 2025 | 30.04% |
| Jun 30, 2025 | 29.19% |
| Mar 31, 2025 | 27.39% |
| Dec 31, 2024 | 25.08% |
| Sep 30, 2024 | 28.98% |
| Jun 30, 2024 | 26.43% |
| Mar 31, 2024 | 27.35% |
| Dec 31, 2023 | 23.63% |
| Sep 30, 2023 | 27.71% |
| Jun 30, 2023 | 30.73% |
| Mar 31, 2023 | 27.55% |
| Dec 31, 2022 | 22.55% |
| Sep 30, 2022 | 26.37% |
| Jun 30, 2022 | 25.78% |
| Mar 31, 2022 | 29.91% |
| Dec 31, 2021 | 21.00% |
| Sep 30, 2021 | 27.74% |