Zoetis (ZTS) Operating Income (2012 - 2026)
Zoetis (ZTS) posted Operating Income of $837 million for Q2 2026, down 10.0% from $930 million a year earlier but up 20.1% from the prior quarter.
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Analysis
Zoetis (ZTS) Operating Income (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at Zoetis was $2.24 billion, down 6.1% year-over-year; for FY2025, it was $3.44 billion, up 3.2% from FY2024.
- Annual Operating Income has increased for 12 consecutive years, with a five-year compound annual growth rate of 8.9% (FY2020 to FY2025).
- In prior years, Zoetis' Operating Income was $3.33 billion in FY2024 (+16.2%), $2.87 billion in FY2023 (+4.5%), $2.75 billion in FY2022 (+6.7%) and $2.57 billion in FY2021 (+14.6%).
- Quarterly Operating Income has run from a low of -$212 million in Q4 2024 to a high of $930 million in Q2 2025 over five years.
- On a year-over-year basis, Operating Income increased in four of the last six quarters, with growth averaging 1.6%.
- The strongest year-over-year quarter for Operating Income in the past five years was Q1 2024, with growth of 23.1%; the weakest was Q1 2026, with a decline of 10.5%.
- According to Business Quant data, Operating Income for the three prior quarters was $697 million (Q1 2026), -$193 million (Q4 2025) and $899 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 7.14 Bn |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 6.43 Bn |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | -584.00 Mn |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | 4.75 Bn |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | 3.16 Bn |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 3.51 Bn |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | -10.39 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 4.27 Bn |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 1.25 Bn |
| 10 | Zoetis | 29.12 Bn | 20.97 Bn | 1.05 Bn | 837.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 837.00 Mn |
| Mar 31, 2026 | 697.00 Mn |
| Dec 31, 2025 | -193.00 Mn |
| Sep 30, 2025 | 899.00 Mn |
| Jun 30, 2025 | 930.00 Mn |
| Mar 31, 2025 | 779.00 Mn |
| Dec 31, 2024 | -212.00 Mn |
| Sep 30, 2024 | 889.00 Mn |
| Jun 30, 2024 | 872.00 Mn |
| Mar 31, 2024 | 756.00 Mn |
| Dec 31, 2023 | -184.00 Mn |
| Sep 30, 2023 | 744.00 Mn |
| Jun 30, 2023 | 739.00 Mn |
| Mar 31, 2023 | 614.00 Mn |
| Dec 31, 2022 | -187.00 Mn |
| Sep 30, 2022 | 680.00 Mn |
| Jun 30, 2022 | 686.00 Mn |
| Mar 31, 2022 | 670.00 Mn |
| Dec 31, 2021 | -197.00 Mn |
| Sep 30, 2021 | 683.00 Mn |
API Access
Zoetis Operating Income 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=operating-income&ticker=ZTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=ZTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();