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 | Eli Lilly | 1,137.66 Bn | 1,106.24 Bn | 19.71 Bn | 11.75 Bn |
| 2 | Johnson & Johnson | 636.13 Bn | 556.00 Bn | 17.30 Bn | 6.18 Bn |
| 3 | AbbVie | 505.28 Bn | 478.39 Bn | 12.70 Bn | 6.43 Bn |
| 4 | Merck | 358.10 Bn | 312.48 Bn | 12.21 Bn | -584.00 Mn |
| 5 | Novartis Ag | 292.59 Bn | 256.58 Bn | 11.24 Bn | 4.75 Bn |
| 6 | Astrazeneca | 265.81 Bn | 239.50 Bn | 12.86 Bn | 3.16 Bn |
| 7 | Amgen | 237.53 Bn | 192.93 Bn | 7.24 Bn | 3.51 Bn |
| 8 | Gilead Sciences | 194.67 Bn | 168.86 Bn | 6.22 Bn | -10.39 Bn |
| 9 | Pfizer | 171.17 Bn | 117.82 Bn | 10.94 Bn | 4.27 Bn |
| 10 | Zoetis | 33.76 Bn | 25.61 Bn | 1.80 Bn | 953.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 953.00 Mn |
| Mar 31, 2026 | 831.00 Mn |
| Dec 31, 2025 | 840.00 Mn |
| Sep 30, 2025 | 964.00 Mn |
| Jun 30, 2025 | 1.00 Bn |
| Mar 31, 2025 | 844.00 Mn |
| Dec 31, 2024 | 797.00 Mn |
| Sep 30, 2024 | 950.00 Mn |
| Jun 30, 2024 | 899.00 Mn |
| Mar 31, 2024 | 834.00 Mn |
| Dec 31, 2023 | 738.00 Mn |
| Sep 30, 2023 | 820.00 Mn |
| Jun 30, 2023 | 863.00 Mn |
| Mar 31, 2023 | 744.00 Mn |
| Dec 31, 2022 | 723.00 Mn |
| Sep 30, 2022 | 754.00 Mn |
| Jun 30, 2022 | 762.00 Mn |
| Mar 31, 2022 | 828.00 Mn |
| Dec 31, 2021 | 632.00 Mn |
| Sep 30, 2021 | 759.00 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();