Zoetis (ZTS) Tax Provisions (2012 - 2019)
Zoetis' (ZTS) quarterly Tax Provisions came in at $95.0 million in Q3 2019, up 33.8% year-over-year from $71.0 million in Q3 2018, and up 13.1% quarter-over-quarter from $84.0 million in Q2 2019.
Analysis
Zoetis (ZTS) Tax Provisions (2012 - 2019) Analysis & Trends
Zoetis (ZTS) has reported Tax Provisions for 8 consecutive years, with $95.0 million the latest figure, recorded in Q3 2019.
- On a quarterly basis, Tax Provisions rose 33.8% year-over-year to $95.0 million in Q3 2019; TTM through Sep 2019 was $319.0 million, a 2.9% increase from a year earlier, with the FY2014 full-year figure at $233.0 million, up 24.6% from the prior year.
- Tax Provisions was $95.0 million for Q3 2019 at Zoetis, up from $84.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $128.0 million in Q2 2016 and troughed at $9.0 million in Q2 2015.
- A 5-year average of $82.9 million and a median of $84.0 million in 2019 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions sank 85.25% in 2015 and jumped 1100.0% in 2016, its largest moves.
- Over 5 years, Tax Provisions stood at $83.0 million in 2015, then rose by 15.66% to $96.0 million in 2016, then gained by 21.88% to $117.0 million in 2017, then plunged by 39.32% to $71.0 million in 2018, then surged by 33.8% to $95.0 million in 2019.
- The last three Tax Provisions figures came in at $95.0 million (Q3 2019), $84.0 million (Q2 2019), and $69.0 million (Q1 2019), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Idexx Laboratories | 40.55 Bn | 40.36 Bn | 779.09 Mn | 78.81 Mn |
| 2 | Zoetis | 30.68 Bn | 29.00 Bn | 1.05 Bn | - |
| 3 | Elanco Animal Health | 11.87 Bn | 11.34 Bn | 798.00 Mn | 2.00 Mn |
| 4 | Phibro Animal Health | 1.50 Bn | 1.42 Bn | 134.40 Mn | 10.63 Mn |
| 5 | Immucell | 89.92 Mn | 81.06 Mn | 2.44 Mn | 45,950.00 |
| 6 | Zhengye Biotechnology Holding | 75.05 Mn | 67.96 Mn | - | - |
| 7 | Global Innovative Platforms | 24.88 Mn | 24.63 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2019 | 95.00 Mn |
| Jun 30, 2019 | 84.00 Mn |
| Mar 31, 2019 | 69.00 Mn |
| Sep 30, 2018 | 71.00 Mn |
| Jun 30, 2018 | 55.00 Mn |
| Mar 31, 2018 | 67.00 Mn |
| Oct 1, 2017 | 117.00 Mn |
| Jul 2, 2017 | 98.00 Mn |
| Apr 2, 2017 | 98.00 Mn |
| Oct 2, 2016 | 96.00 Mn |
| Jul 3, 2016 | 108.00 Mn |
| Apr 3, 2016 | 128.00 Mn |
| Sep 27, 2015 | 83.00 Mn |
| Jun 28, 2015 | 9.00 Mn |
| Mar 29, 2015 | 65.00 Mn |
| Dec 31, 2014 | 29.00 Mn |
| Sep 28, 2014 | 71.00 Mn |
| Jun 29, 2014 | 61.00 Mn |
| Mar 30, 2014 | 72.00 Mn |
| Dec 31, 2013 | 22.00 Mn |