Zoetis (ZTS) Net Margin (2012 - 2026)
Zoetis (ZTS) reported 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 15 years of Net Margin data on file, last reported at 26.57% in Q1 2026.
- Net Margin for Q1 2026 came in at 26.57%, down 82.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.79% (up 82.0% YoY), and the FY2025 annual result was 28.23%, up 127.0% from the prior year.
- Net Margin improved to 26.57% in Q1 2026 per ZTS's latest filing, from 25.26% in the prior quarter.
- Over five years, Net Margin peaked at 30.73% in Q2 2023 and troughed at 22.55% in Q4 2022.
- A 5-year average of 27.09% and a median of 27.35% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2024: Net Margin soared 495 bps in 2023, then plunged 430 bps in 2024.
- A 5-year view of Net Margin shows it stood at 22.55% in 2022, then advanced by 5 bps to 23.63% in 2023, then increased by 6 bps to 25.08% in 2024, then increased by 1 bps to 25.26% in 2025, then advanced 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 9.19% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 26.57% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 35.18% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 2.94% |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 24.30% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 4.16% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -168.42% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 31.38% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | -15.15% |
| 10 | Liquidia | 5.63 Bn | 5.40 Bn | 121.79 Mn | 39.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 26.23% |