Zoetis (ZTS) Tax Rate (2012 - 2026)

Zoetis' (ZTS) quarterly Tax Rate came in at 20.71% in Q1 2026, down 141.0% year-on-year from 50.52% in Q1 2025, and little changed on a QoQ basis from 20.76% in Q4 2025.

Zoetis (ZTS) Tax Rate (2012 - 2026) Analysis & Trends

Zoetis (ZTS) has 15 years of Tax Rate data on file, last reported at 20.71% in Q1 2026.

  • On a quarterly basis, Tax Rate fell 141.0% year-over-year to 20.71% in Q1 2026; TTM through Mar 2026 was 20.1%, a 79.0% decrease from a year earlier, with the FY2025 full-year figure at 20.45%, up 11.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 20.71%, roughly flat from 20.76% in the prior quarter.
  • Over the last five years, Tax Rate for ZTS reached as high as 23.17% in Q2 2023 and fell as low as 16.88% in Q3 2023.
  • Historically, Tax Rate has averaged 20.41% across 5 years, with a median of 20.71% in 2026.
  • Across the five-year window, Tax Rate jumped 460 bps in 2022 and sank 396 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 22.3% in 2022, then fell by 12 bps to 19.54% in 2023, then grew by 6 bps to 20.63% in 2024, then increased by 1 bps to 20.76% in 2025, then dropped by 0 bps to 20.71% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 20.71% in Q1 2026, 20.76% in Q4 2025, and 18.71% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 15.33%
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 20.71%
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -23.33%
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 13.63%
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 171.33%
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 19.81%
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 34.48%
10 Vireo Growth 10.57 Bn 10.41 Bn 59.30 Mn -435.71%

Historic Data

Download Data
DateValue
Mar 31, 2026 20.71%
Mar 31, 2026 20.71%
Mar 31, 2026 20.71%
Dec 31, 2025 20.76%
Dec 31, 2025 20.76%
Dec 31, 2025 20.76%
Sep 30, 2025 18.71%
Sep 30, 2025 18.71%
Sep 30, 2025 18.71%
Jun 30, 2025 20.40%
Jun 30, 2025 20.40%
Jun 30, 2025 20.40%
Mar 31, 2025 22.12%
Mar 31, 2025 22.12%
Mar 31, 2025 22.12%
Dec 31, 2024 20.63%
Dec 31, 2024 20.63%
Dec 31, 2024 20.63%
Sep 30, 2024 20.82%
Sep 30, 2024 20.82%