Zoetis (ZTS) Operating Leases (2019 - 2026)

Zoetis' (ZTS) quarterly Operating Leases came in at $193.0 million in Q1 2026, up 11.56% year-on-year from $173.0 million in Q1 2025, and down 2.03% on a QoQ basis from $197.0 million in Q4 2025.

Zoetis (ZTS) Operating Leases (2019 - 2026) Analysis & Trends

Zoetis (ZTS) has 8 years of Operating Leases data on file, last reported at $193.0 million in Q1 2026.

  • On a quarterly basis, Operating Leases rose 11.56% year-over-year to $193.0 million in Q1 2026; TTM through Mar 2026 was $193.0 million, a 11.56% increase from a year earlier, with the FY2025 full-year figure at $197.0 million, up 13.22% from the prior year.
  • Operating Leases for Q1 2026 stood at $193.0 million, down from $197.0 million in the prior quarter.
  • Over the last five years, Operating Leases for ZTS reached as high as $229.0 million in Q4 2022 and fell as low as $158.0 million in Q1 2022.
  • Historically, Operating Leases has averaged $186.9 million across 5 years, with a median of $186.0 million in 2022.
  • Across the five-year window, Operating Leases rose 19.27% in 2022 and slipped 17.9% in 2023, its largest moves.
  • Year by year, Operating Leases stood at $229.0 million in 2022, then declined by 17.9% to $188.0 million in 2023, then decreased by 7.45% to $174.0 million in 2024, then climbed by 13.22% to $197.0 million in 2025, then dropped by 2.03% to $193.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $193.0 million in Q1 2026, $197.0 million in Q4 2025, and $204.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Haleon 88.07 Bn 86.20 Bn -
2 Teva Pharmaceutical Industries 35.75 Bn 32.01 Bn 1.97 Bn
3 Zoetis 31.84 Bn 29.90 Bn 1.62 Bn
4 Takeda Pharmaceutical 27.18 Bn 23.12 Bn 4.39 Bn
5 United Therapeutics 23.09 Bn 20.93 Bn 648.10 Mn
6 RedHill Biopharma 21.32 Bn 21.32 Bn -
7 Viatris 19.96 Bn 18.16 Bn 1.16 Bn
8 Neurocrine Biosciences 17.66 Bn 16.34 Bn 800.70 Mn
9 Elanco Animal Health 12.44 Bn 12.02 Bn 785.00 Mn
10 Vireo Growth 10.53 Bn 10.38 Bn 59.30 Mn

Historic Data

Download Data
DateValue
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 229.00 Mn
Sep 30, 2022 186.00 Mn
Jun 30, 2022 161.00 Mn
Mar 31, 2022 158.00 Mn
Dec 31, 2021 192.00 Mn
Sep 30, 2021 160.00 Mn
Jun 30, 2021 147.00 Mn