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
DateValue
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%