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

Zoetis' (ZTS) quarterly Other Working Capital Changes came in at $66.0 million in Q1 2026, up 43.48% year-on-year from $46.0 million in Q1 2025, and up 760.0% on a QoQ basis 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.

  • On a quarterly basis, Other Working Capital Changes rose 43.48% year-over-year to $66.0 million in Q1 2026; TTM through Mar 2026 was $185.0 million, a 1333.33% increase from a year earlier, with the FY2025 full-year figure at $165.0 million, up 417.31% from the prior year.
  • Other Working Capital Changes for Q1 2026 stood at $66.0 million, up from -$10.0 million in the prior quarter.
  • Over the last five years, Other Working Capital Changes for ZTS reached as high as $116.0 million in Q2 2025 and fell as low as -$66.0 million in Q4 2024.
  • Historically, Other Working Capital Changes has averaged $14.1 million across 5 years, with a median of $13.0 million in 2025.
  • Across the five-year window, Other Working Capital Changes plunged 466.67% in 2022 and soared 2300.0% in 2023, its largest moves.
  • Year by year, Other Working Capital Changes stood at -$55.0 million in 2022, then jumped by 56.36% to -$24.0 million in 2023, then sank 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.
  • Per Business Quant data, the three most recent Other Working Capital Changes figures were $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 Haleon 87.22 Bn 85.35 Bn -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn
10 Vireo Growth 10.57 Bn 10.41 Bn 59.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 66.00 Mn
Mar 31, 2026 66.00 Mn
Mar 31, 2026 66.00 Mn
Dec 31, 2025 -10.00 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
Sep 30, 2025 13.00 Mn
Jun 30, 2025 116.00 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
Mar 31, 2025 46.00 Mn
Dec 31, 2024 -66.00 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