Zoetis (ZTS) Other Working Capital Changes (2012 - 2026)

Zoetis (ZTS) reported Other Working Capital Changes of $66.0 million for Q1 2026, up 43.48% year-over-year from $46.0 million in Q1 2025, and up 760.0% quarter-over-quarter from -$10.0 million in Q4 2025.

Zoetis (ZTS) Other Working Capital Changes (2012 - 2026) Analysis & Trends

Zoetis (ZTS) has 15 years of Other Working Capital Changes data on file, last reported at $66.0 million in Q1 2026.

  • Other Working Capital Changes for Q1 2026 came in at $66.0 million, up 43.48% year-over-year; the trailing twelve-month figure through Mar 2026 was $185.0 million (up 1333.33% YoY), and the FY2025 annual result was $165.0 million, up 417.31% from the prior year.
  • Other Working Capital Changes improved to $66.0 million in Q1 2026 per ZTS's latest filing, from -$10.0 million in the prior quarter.
  • Over five years, Other Working Capital Changes peaked at $116.0 million in Q2 2025 and troughed at -$66.0 million in Q4 2024.
  • A 5-year average of $14.1 million and a median of $13.0 million in 2025 frame the typical range for Other Working Capital Changes.
  • The sharpest annual moves came in 2022 and 2023: Other Working Capital Changes slumped 466.67% in 2022, then surged 2300.0% in 2023.
  • A 5-year view of Other Working Capital Changes shows it stood at -$55.0 million in 2022, then jumped by 56.36% to -$24.0 million in 2023, then plunged by 175.0% to -$66.0 million in 2024, then soared by 84.85% to -$10.0 million in 2025, then soared by 760.0% to $66.0 million in 2026.
  • Business Quant data shows ZTS's Other Working Capital Changes at $66.0 million in Q1 2026, -$10.0 million in Q4 2025, and $13.0 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
DateValue
Mar 31, 2026 66.00 Mn
Mar 31, 2026 66.00 Mn
Dec 31, 2025 -10.00 Mn
Dec 31, 2025 -10.00 Mn
Sep 30, 2025 13.00 Mn
Sep 30, 2025 13.00 Mn
Jun 30, 2025 116.00 Mn
Jun 30, 2025 116.00 Mn
Mar 31, 2025 46.00 Mn
Mar 31, 2025 46.00 Mn
Dec 31, 2024 -66.00 Mn
Dec 31, 2024 -66.00 Mn
Sep 30, 2024 -21.00 Mn
Sep 30, 2024 -21.00 Mn
Jun 30, 2024 26.00 Mn
Jun 30, 2024 26.00 Mn
Mar 31, 2024 9.00 Mn
Mar 31, 2024 9.00 Mn
Dec 31, 2023 -24.00 Mn
Dec 31, 2023 -24.00 Mn