Zoetis (ZTS) Operating Leases (2019 - 2026)
Zoetis (ZTS) posted quarterly Operating Leases of $193.0 million for Q1 2026, up 11.56% year-over-year from $173.0 million in Q1 2025, and down 2.03% quarter-over-quarter from $197.0 million in Q4 2025.
Zoetis (ZTS) Operating Leases (2019 - 2026) Analysis & Trends
Zoetis (ZTS) has reported Operating Leases for 8 consecutive years, with $193.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases rose 11.56% year-over-year to $193.0 million; the TTM figure through Mar 2026 stood at $193.0 million (up 11.56% YoY), while the FY2025 annual figure was $197.0 million, up 13.22% from the prior year.
- Operating Leases declined to $193.0 million in Q1 2026 per ZTS's latest filing, from $197.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $229.0 million in Q4 2022 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Leases advanced 19.27% — and 2023, when it declined 17.9%.
- Zoetis' Operating Leases stood at $229.0 million in 2022, then slipped by 17.9% to $188.0 million in 2023, then fell by 7.45% to $174.0 million in 2024, then gained by 13.22% to $197.0 million in 2025, then decreased by 2.03% to $193.0 million in 2026.
- Business Quant data shows ZTS's Operating Leases at $193.0 million in Q1 2026, $197.0 million in Q4 2025, and $204.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Haleon | 43.65 Bn | 42.68 Bn | - |
| 2 | Teva Pharmaceutical Industries | 43.09 Bn | 39.44 Bn | 2.15 Bn |
| 3 | Zoetis | 31.54 Bn | 29.86 Bn | 1.05 Bn |
| 4 | Takeda Pharmaceutical | 28.61 Bn | 22.81 Bn | 5.10 Bn |
| 5 | United Therapeutics | 22.11 Bn | 19.45 Bn | 683.80 Mn |
| 6 | Viatris | 18.77 Bn | 17.88 Bn | 1.46 Bn |
| 7 | Neurocrine Biosciences | 15.62 Bn | 15.23 Bn | 935.80 Mn |
| 8 | Elanco Animal Health | 12.07 Bn | 11.54 Bn | 798.00 Mn |
| 9 | Dr Reddys Laboratories | 10.09 Bn | 9.93 Bn | - |
| 10 | Alkermes | 8.20 Bn | 7.54 Bn | 397.90 Mn |
Historic Data
Download 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 | 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 |