Zoetis (ZTS) Operating Leases (2019 - 2026)
Zoetis' Operating Leases was $190 million in Q2 2026, down 9.5% from $210 million a year earlier and down 1.6% from the prior quarter.
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Analysis
Zoetis (ZTS) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Operating Leases at Zoetis came in at $197 million, up 13.2% from FY2024.
- Operating Leases shows a five-year compound annual growth rate of 3.9% (FY2020 to FY2025).
- In earlier years, Operating Leases was $174 million in FY2024 (-7.4%), $188 million in FY2023 (+1.1%), $186 million in FY2022 (+23.2%) and $151 million in FY2021 (-7.4%).
- The Q2 2026 figure marks the lowest quarterly Operating Leases since Q1 2025.
- Compared with a year earlier, Operating Leases was higher in four of the last eight quarters, with growth averaging 3.2%.
- The best year-over-year quarter for Operating Leases over five years was Q4 2022 (growth of 23.2%); the worst was Q2 2026 (a decline of 9.5%).
- Per Business Quant data, ZTS's Operating Leases in the three quarters before Q2 2026 was $193 million (Q1 2026), $197 million (Q4 2025) and $204 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn |
| 10 | Zoetis | 29.58 Bn | 21.43 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 190.00 Mn |
| Mar 31, 2026 | 193.00 Mn |
| Dec 31, 2025 | 197.00 Mn |
| Sep 30, 2025 | 204.00 Mn |
| Jun 30, 2025 | 210.00 Mn |
| Mar 31, 2025 | 173.00 Mn |
| Dec 31, 2024 | 174.00 Mn |
| Sep 30, 2024 | 181.00 Mn |
| Jun 30, 2024 | 181.00 Mn |
| Mar 31, 2024 | 184.00 Mn |
| Dec 31, 2023 | 188.00 Mn |
| Sep 30, 2023 | 191.00 Mn |
| Jun 30, 2023 | 188.00 Mn |
| Mar 31, 2023 | 180.00 Mn |
| Dec 31, 2022 | 186.00 Mn |
| Sep 30, 2022 | 186.00 Mn |
| Jun 30, 2022 | 161.00 Mn |
| Mar 31, 2022 | 158.00 Mn |
| Dec 31, 2021 | 151.00 Mn |
| Sep 30, 2021 | 160.00 Mn |
API Access
Zoetis Operating Leases 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-leases&ticker=ZTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=ZTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();