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ZTS logoZoetis Inc. (ZTS) Earnings History

Annual and quarterly earnings data from 2010 to 2025

TTM Net Income
$2.67B
Profitable
TTM EPS
$6.09
Diluted
YoY EPS Growth
+10.1%
Strong
Net Margin
28.2%
Profitability
Operating Margin38.0%
Gross Margin70.5%
ROE66.0%
ROA18.0%
Highest Annual Net Income$2.67B (2025)
Highest Quarterly EPS$1.63 (Q3 2025)
Consecutive Profitable Years16 years
Q4 2025
Net Income$603M
EPS$1.37
QoQ Growth-16.4%Declining

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ZTS EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+10.1%
Strong
3-Year
+10.3%
Strong
5-Year
+12.0%
Strong
10-Year
+24.4%
Excellent

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

ZTS Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202570.5%38.0%28.2%
202469.1%36.6%26.9%
202368.3%35.9%27.4%
202267.8%36.2%26.2%
202168.3%36.0%26.2%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Zoetis Inc. (ZTS) Earnings Overview

As of May 7, 2026, Zoetis Inc. (ZTS) reported trailing twelve-month net income of $2.67B, reflecting +10.1% year-over-year growth. The company earned $6.09 per diluted share over the past four quarters, with a net profit margin of 28.2%.

Looking at the long-term picture, ZTS's 5-year EPS compound annual growth rate (CAGR) stands at +12.0%, showing solid earnings momentum. The company achieved its highest annual net income of $2.67B in fiscal 2025, representing a new all-time high.

Zoetis Inc. maintains industry-leading profitability with a gross margin of 70.5%, operating margin of 38.0%, and net margin of 28.2%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including ELAN (-$242M net income, -4.9% margin), PCRX ($9M net income, 1.0% margin), PAHC ($92M net income, 3.7% margin), ZTS has outperformed on profitability metrics. Compare ZTS vs ELAN →

ZTS Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
ZTS logoZTSCurrent
$2.7B$6.0928.2%66.0%+10.1%—
ELAN logoELAN
-$242M$-0.48-4.9%-3.7%-169.1%
PCRX logoPCRX
$9M$0.231.0%1.0%+107.4%
PAHC logoPAHC
$92M$2.253.7%17.8%+1883.3%
IDXX logoIDXX
$1.1B$13.5824.6%66.2%+22.6%
NEOG logoNEOG
-$603M$-2.77-122.1%-41.9%-11463.2%
Best in group
Lowest in group

ZTS Historical Earnings Data (2010–2025)

16 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$2.67B+7.5%$3.60B$6.0228.2%38.0%
2024$2.49B+6.1%$3.39B$5.4726.9%36.6%
2023$2.34B+10.9%$3.07B$5.0727.4%35.9%
2022$2.11B+3.8%$2.93B$4.4926.2%36.2%
2021$2.04B+24.4%$2.80B$4.2726.2%36.0%
2020$1.64B+9.2%$2.27B$3.4224.5%34.0%
2019$1.50B+5.0%$2.02B$3.1124.0%32.2%
2018$1.43B+65.3%$1.88B$2.9324.5%32.3%
2017$864M+5.2%$1.73B$1.7516.3%32.5%
2016$821M+142.2%$1.40B$1.6516.8%28.7%

Full ZTS Stock Analysis

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Compare ZTS vs DBVT

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ZTS — Frequently Asked Questions

Quick answers to the most common questions about buying ZTS stock.

Is ZTS growing earnings?

ZTS EPS stands at $6.09, with +10.1% growth matching the 5-year CAGR of +12.0%. TTM net income is $2.7B. Earnings trajectory remains consistent.

What are ZTS's profit margins?

Zoetis Inc. net margin is +28.2%, with operating margin at +38.0%. Above-average margins indicate pricing power.

How consistent are ZTS's earnings?

ZTS earnings data spans 2010-2025. The current earnings trend is +10.1% YoY. Historical data enables comparison across business cycles.

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ZTS Earnings Over Time (2014–2025)

Net income and EPS trends