Zoetis (ZTS) Operating Leases (2019 - 2026)
Zoetis' (ZTS) quarterly Operating Leases came in at $190.0 million in Q2 2026, down 9.52% year-over-year from $210.0 million in Q2 2025, and down 1.55% quarter-over-quarter from $193.0 million in Q1 2026.
Analysis
Zoetis (ZTS) Operating Leases (2019 - 2026) Analysis & Trends
Zoetis (ZTS) has reported Operating Leases for 8 consecutive years, with $190.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Leases fell 9.52% year-over-year to $190.0 million in Q2 2026; TTM through Jun 2026 was $190.0 million, a 9.52% decrease from a year earlier, with the FY2025 full-year figure at $197.0 million, down 15.45% from the prior year.
- Operating Leases was $190.0 million for Q2 2026 at Zoetis, down from $193.0 million in the prior quarter.
- Over five years, Operating Leases peaked at $245.0 million in Q4 2023 and troughed at $158.0 million in Q1 2022.
- A 5-year average of $193.6 million and a median of $189.0 million in 2023 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases gained 19.27% in 2022 and declined 15.45% in 2025, its largest moves.
- Over 5 years, Operating Leases stood at $229.0 million in 2022, then climbed by 6.99% to $245.0 million in 2023, then dropped by 4.9% to $233.0 million in 2024, then decreased by 15.45% to $197.0 million in 2025, then slipped by 3.55% to $190.0 million in 2026.
- The last three Operating Leases figures came in at $190.0 million (Q2 2026), $193.0 million (Q1 2026), and $197.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Idexx Laboratories | 40.69 Bn | 40.49 Bn | 779.09 Mn |
| 2 | Zoetis | 30.63 Bn | 28.95 Bn | 1.05 Bn |
| 3 | Elanco Animal Health | 11.77 Bn | 11.24 Bn | 798.00 Mn |
| 4 | Phibro Animal Health | 1.49 Bn | 1.41 Bn | 134.40 Mn |
| 5 | Immucell | 90.19 Mn | 81.33 Mn | 2.44 Mn |
| 6 | Zhengye Biotechnology Holding | 76.23 Mn | 69.14 Mn | - |
| 7 | Global Innovative Platforms | 24.88 Mn | 24.63 Mn | - |
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 | 233.00 Mn |
| Sep 30, 2024 | 181.00 Mn |
| Jun 30, 2024 | 181.00 Mn |
| Mar 31, 2024 | 184.00 Mn |
| Dec 31, 2023 | 245.00 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 |