Zoetis (ZTS) Operating Leases (2019 - 2026)
Zoetis (ZTS) reported 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 8 years of Operating Leases data on file, last reported at $193.0 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $193.0 million, up 11.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $193.0 million (up 11.56% YoY), and the FY2025 annual result was $197.0 million, down 15.45% from the prior year.
- Operating Leases retreated to $193.0 million in Q1 2026 per ZTS's latest filing, from $197.0 million in the prior quarter.
- Over five years, Operating Leases peaked at $233.0 million in Q4 2024 and troughed at $158.0 million in Q1 2022.
- A 5-year average of $190.4 million and a median of $188.0 million in 2023 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2022 and 2023: Operating Leases surged 51.66% in 2022, then declined 17.9% in 2023.
- A 5-year view of Operating Leases shows it stood at $229.0 million in 2022, then decreased by 17.9% to $188.0 million in 2023, then gained by 23.94% to $233.0 million in 2024, then slipped by 15.45% to $197.0 million in 2025, then retreated 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn |
| 10 | Liquidia | 5.63 Bn | 5.40 Bn | 121.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 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 | 151.00 Mn |
| Sep 30, 2021 | 160.00 Mn |
| Jun 30, 2021 | 147.00 Mn |