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| Date | Value |
|---|---|
| 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% |