Zoetis (ZTS) Return on Capital Employed (2013 - 2026)

Zoetis' (ZTS) quarterly Return on Capital Employed came in at 27.36% in Q1 2026, down 507.0% year-on-year from 6.72% in Q1 2025, and down 1.18% on a QoQ basis from 27.69% in Q4 2025.

Zoetis (ZTS) Return on Capital Employed (2013 - 2026) Analysis & Trends

Zoetis (ZTS) has 14 years of Return on Capital Employed data on file, last reported at 27.36% in Q1 2026.

  • On a quarterly basis, Return on Capital Employed fell 507.0% year-over-year to 27.36% in Q1 2026; TTM through Mar 2026 was 27.36%, a 507.0% decrease from a year earlier, with the FY2025 full-year figure at 29.01%, down 312.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 27.36%, down from 27.69% in the prior quarter.
  • Over the last five years, Return on Capital Employed for ZTS reached as high as 32.8% in Q2 2025 and fell as low as 24.05% in Q1 2023.
  • Historically, Return on Capital Employed has averaged 27.71% across 5 years, with a median of 27.36% in 2026.
  • Across the five-year window, Return on Capital Employed surged 972 bps in 2022 and sank 507 bps in 2026, its largest moves.
  • Year by year, Return on Capital Employed stood at 27.59% in 2022, then fell by 7 bps to 25.72% in 2023, then increased by 25 bps to 32.03% in 2024, then declined by 14 bps to 27.69% in 2025, then decreased by 1 bps to 27.36% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 27.36% in Q1 2026, 27.69% in Q4 2025, and 27.64% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Haleon 88.07 Bn 86.20 Bn - -
2 Teva Pharmaceutical Industries 35.75 Bn 32.01 Bn 1.97 Bn 8.52%
3 Zoetis 31.84 Bn 29.90 Bn 1.62 Bn 27.36%
4 Takeda Pharmaceutical 27.18 Bn 23.12 Bn 4.39 Bn -1.50%
5 United Therapeutics 23.09 Bn 20.93 Bn 648.10 Mn 21.43%
6 RedHill Biopharma 21.32 Bn 21.32 Bn - -
7 Viatris 19.96 Bn 18.16 Bn 1.16 Bn 0.46%
8 Neurocrine Biosciences 17.66 Bn 16.34 Bn 800.70 Mn 20.04%
9 Elanco Animal Health 12.44 Bn 12.02 Bn 785.00 Mn 5.24%
10 Vireo Growth 10.53 Bn 10.38 Bn 59.30 Mn 0.91%

Historic Data

Download Data
DateValue
Mar 31, 2026 27.36%
Dec 31, 2025 27.69%
Sep 30, 2025 27.64%
Jun 30, 2025 32.80%
Mar 31, 2025 32.42%
Dec 31, 2024 32.03%
Sep 30, 2024 27.24%
Jun 30, 2024 26.41%
Mar 31, 2024 26.23%
Dec 31, 2023 25.72%
Sep 30, 2023 25.61%
Jun 30, 2023 25.78%
Mar 31, 2023 24.05%
Dec 31, 2022 27.59%
Sep 30, 2022 27.45%
Jun 30, 2022 27.69%
Mar 31, 2022 27.32%
Dec 31, 2021 22.02%
Sep 30, 2021 20.63%
Jun 30, 2021 20.67%