Zoetis (ZTS) Tax Rate (2012 - 2026)
Zoetis (ZTS) posted quarterly 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 reported Tax Rate for 15 consecutive years, with 20.71% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 141.0% year-over-year to 20.71%; the TTM figure through Mar 2026 stood at 20.1% (down 79.0% YoY), while the FY2025 annual figure 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.
- Across five years, Tax Rate topped out at 23.17% in Q2 2023 and bottomed at 16.88% in Q3 2023.
- Historically, Tax Rate has averaged 20.41% across 5 years, with a median of 20.71% in 2026.
- Annual changes were most pronounced in 2022 — Tax Rate soared 460 bps — and 2023, when it tumbled 396 bps.
- Zoetis' Tax Rate stood at 22.3% in 2022, then dropped by 12 bps to 19.54% in 2023, then advanced by 6 bps to 20.63% in 2024, then climbed by 1 bps to 20.76% in 2025, then decreased 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 | Haleon | 43.76 Bn | 42.80 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.05 Bn | 39.39 Bn | 2.15 Bn | -26.59% |
| 3 | Zoetis | 31.51 Bn | 29.84 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.70 Bn | 22.90 Bn | 5.10 Bn | -30.40% |
| 5 | United Therapeutics | 22.27 Bn | 19.61 Bn | 683.80 Mn | 10.65% |
| 6 | Viatris | 18.83 Bn | 17.95 Bn | 1.46 Bn | -85.63% |
| 7 | Neurocrine Biosciences | 15.65 Bn | 15.26 Bn | 935.80 Mn | 10.97% |
| 8 | Elanco Animal Health | 12.06 Bn | 11.53 Bn | 798.00 Mn | 3.57% |
| 9 | Dr Reddys Laboratories | 10.12 Bn | 9.95 Bn | - | - |
| 10 | Alkermes | 8.27 Bn | 7.61 Bn | 397.90 Mn | 127.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.21% |
| Jun 30, 2026 | 20.21% |
| Jun 30, 2026 | 20.21% |
| 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% |