Zoetis (ZTS) Other Operating Expenses (2012 - 2021)
Zoetis (ZTS) posted quarterly Other Operating Expenses of -$405.0 million for Q1 2021, down 406.82% year-over-year from $132.0 million in Q1 2020, and down 5.47% quarter-over-quarter from -$384.0 million in Q3 2020.
Zoetis (ZTS) Other Operating Expenses (2012 - 2021) Analysis & Trends
Zoetis (ZTS) has reported Other Operating Expenses for 10 consecutive years, with -$405.0 million the latest figure, recorded in Q1 2021.
- In Q1 2021, Other Operating Expenses fell 406.82% year-over-year to -$405.0 million; the TTM figure through Dec 2021 stood at -$405.0 million (up 35.51% YoY), while the FY2019 annual figure was -$927.0 million, down 8.8% from the prior year.
- Other Operating Expenses slipped to -$405.0 million in Q1 2021 per ZTS's latest filing, from -$384.0 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $1.2 billion in Q4 2019 and bottomed at -$405.0 million in Q1 2021.
- Historically, Other Operating Expenses has averaged $413.6 million across 5 years, with a median of $495.5 million in 2017.
- Annual changes were most pronounced in 2017 — Other Operating Expenses jumped 1406.06% — and 2021, when it sank 406.82%.
- Zoetis' Other Operating Expenses stood at $535.0 million in 2017, then soared by 108.97% to $1.1 billion in 2018, then advanced by 7.42% to $1.2 billion in 2019, then plunged by 131.97% to -$384.0 million in 2020, then dropped by 5.47% to -$405.0 million in 2021.
- Business Quant data shows ZTS's Other Operating Expenses at -$405.0 million in Q1 2021, -$384.0 million in Q3 2020, and -$376.0 million in Q2 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Haleon | 43.85 Bn | 42.88 Bn | - |
| 2 | Teva Pharmaceutical Industries | 43.31 Bn | 39.66 Bn | 2.15 Bn |
| 3 | Zoetis | 31.65 Bn | 29.98 Bn | 1.05 Bn |
| 4 | Takeda Pharmaceutical | 28.68 Bn | 22.88 Bn | 5.10 Bn |
| 5 | United Therapeutics | 22.18 Bn | 19.52 Bn | 683.80 Mn |
| 6 | Viatris | 18.82 Bn | 17.94 Bn | 1.46 Bn |
| 7 | Neurocrine Biosciences | 15.70 Bn | 15.31 Bn | 935.80 Mn |
| 8 | Elanco Animal Health | 12.11 Bn | 11.58 Bn | 798.00 Mn |
| 9 | Dr Reddys Laboratories | 10.13 Bn | 9.96 Bn | - |
| 10 | Alkermes | 8.21 Bn | 7.55 Bn | 397.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | -405.00 Mn |
| Sep 30, 2020 | -384.00 Mn |
| Jun 30, 2020 | -376.00 Mn |
| Mar 31, 2020 | 132.00 Mn |
| Dec 31, 2019 | 1.20 Bn |
| Sep 30, 2019 | 140.00 Mn |
| Jun 30, 2019 | 168.00 Mn |
| Mar 31, 2019 | 115.00 Mn |
| Dec 31, 2018 | 1.12 Bn |
| Sep 30, 2018 | 968.00 Mn |
| Jun 30, 2018 | 968.00 Mn |
| Mar 31, 2018 | 945.00 Mn |
| Dec 31, 2017 | 535.00 Mn |
| Oct 1, 2017 | 494.00 Mn |
| Jul 2, 2017 | 502.00 Mn |
| Apr 2, 2017 | 497.00 Mn |
| Dec 31, 2016 | 537.00 Mn |
| Oct 2, 2016 | 465.00 Mn |
| Jul 3, 2016 | 487.00 Mn |
| Apr 3, 2016 | 33.00 Mn |