Zoetis (ZTS) Tax Rate (2012 - 2019)
Zoetis (ZTS) recorded Tax Rate of 17.99% in Q3 2019, up 1.01 percentage points from 16.99% a year earlier but down 0.47 percentage points from the prior quarter.
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Analysis
Zoetis (ZTS) Tax Rate (2012 - 2019) Analysis & Trends
On a TTM basis, Zoetis' Tax Rate came in at 17.90% as of Sep 30, 2019, down 0.31 percentage points year-over-year; for FY2014, it was 28.41%, up 1.31 percentage points from FY2013.
- Annual Tax Rate has a three-year change of -8.64 percentage points (FY2011 to FY2014).
- Across earlier years, Tax Rate came in at 27.10% in FY2013 (-11.49 pp), 38.59% in FY2012 (+1.54 pp) and 37.06% in FY2011.
- Quarterly Tax Rate has ranged from -33.33% in Q2 2015 to 38.55% in Q1 2016 over the past five years.
- On a year-over-year basis, Tax Rate has increased for three consecutive quarters, with an average year-over-year change of -5.21 percentage points over the last six quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 65.86 percentage points in Q2 2016, against a drop of 63.83 percentage points in Q2 2015 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | - |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | - |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 20.98% |
| 10 | Zoetis | 29.12 Bn | 20.97 Bn | 1.05 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2019 | 17.99% |
| Jun 30, 2019 | 18.46% |
| Mar 31, 2019 | 18.11% |
| Sep 30, 2018 | 16.99% |
| Jun 30, 2018 | 12.59% |
| Mar 31, 2018 | 16.07% |
| Oct 1, 2017 | 28.33% |
| Jul 2, 2017 | 28.41% |
| Apr 2, 2017 | 29.08% |
| Oct 2, 2016 | 28.83% |
| Jul 3, 2016 | 32.53% |
| Apr 3, 2016 | 38.55% |
| Sep 27, 2015 | 30.40% |
| Mar 29, 2015 | 28.26% |
| Dec 31, 2014 | 18.71% |
| Sep 28, 2014 | 29.83% |
| Jun 29, 2014 | 30.50% |
| Mar 30, 2014 | 31.72% |
| Dec 31, 2013 | 17.46% |
| Sep 29, 2013 | 29.19% |
API Access
Zoetis Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=ZTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ZTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=ZTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();