Zoetis (ZTS) Tax Rate (2012 - 2026)
Zoetis (ZTS) reported Tax Rate of 20.71% for Q1 2026, down 141.0% year-over-year from 50.52% in Q1 2025, and little changed quarter-over-quarter 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.
- Tax Rate for Q1 2026 came in at 20.71%, down 141.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.1% (down 79.0% YoY), and the FY2025 annual result was 20.45%, up 11.0% from the prior year.
- Tax Rate steadied at 20.71% in Q1 2026 per ZTS's latest filing, from 20.76% in the prior quarter.
- Over five years, Tax Rate peaked at 23.17% in Q2 2023 and troughed at 16.88% in Q3 2023.
- A 5-year average of 20.41% and a median of 20.71% in 2026 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate soared 460 bps in 2022, then tumbled 396 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 22.3% in 2022, then slipped by 12 bps to 19.54% in 2023, then gained by 6 bps to 20.63% in 2024, then advanced by 1 bps to 20.76% in 2025, then retreated by 0 bps to 20.71% in 2026.
- Business Quant data shows ZTS's Tax Rate at 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 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 15.33% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 20.71% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 13.63% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | -20.44% |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 19.81% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 34.48% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -7.43% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 24.29% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 9.29% |
| 10 | Liquidia | 5.63 Bn | 5.40 Bn | 121.79 Mn | 6.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.71% |
| Mar 31, 2026 | 20.71% |
| Dec 31, 2025 | 20.76% |
| Dec 31, 2025 | 20.76% |
| Sep 30, 2025 | 18.71% |
| Sep 30, 2025 | 18.71% |
| Jun 30, 2025 | 20.40% |
| Jun 30, 2025 | 20.40% |
| Mar 31, 2025 | 22.12% |
| Mar 31, 2025 | 22.12% |
| Dec 31, 2024 | 20.63% |
| Dec 31, 2024 | 20.63% |
| Sep 30, 2024 | 20.82% |
| Sep 30, 2024 | 20.82% |
| Jun 30, 2024 | 20.00% |
| Jun 30, 2024 | 20.00% |
| Mar 31, 2024 | 19.81% |
| Mar 31, 2024 | 19.81% |
| Dec 31, 2023 | 19.54% |
| Dec 31, 2023 | 19.54% |