(ZTS) Zoetis - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US98978V1035

Stock: Medicines, Vaccines, Diagnostics, Parasiticides, Nutritionals

Total Rating 34
Risk 96
Buy Signal -0.90

EPS (Earnings per Share)

EPS (Earnings per Share) of ZTS over the last years for every Quarter: "2020-12": 0.91, "2021-03": 1.26, "2021-06": 1.19, "2021-09": 1.25, "2021-12": 1, "2022-03": 1.32, "2022-06": 1.2, "2022-09": 1.21, "2022-12": 1.15, "2023-03": 1.31, "2023-06": 1.41, "2023-09": 1.36, "2023-12": 1.24, "2024-03": 1.38, "2024-06": 1.56, "2024-09": 1.58, "2024-12": 1.4, "2025-03": 1.48, "2025-06": 1.61, "2025-09": 1.7, "2025-12": 0,

Revenue

Revenue of ZTS over the last years for every Quarter: 2020-12: 1807, 2021-03: 1871, 2021-06: 1948, 2021-09: 1990, 2021-12: 1967, 2022-03: 1986, 2022-06: 2052, 2022-09: 2002, 2022-12: 2040, 2023-03: 2000, 2023-06: 2180, 2023-09: 2151, 2023-12: 2213, 2024-03: 2190, 2024-06: 2361, 2024-09: 2388, 2024-12: 2317, 2025-03: 2220, 2025-06: 2460, 2025-09: 2400, 2025-12: null,

Dividends

Dividend Yield 1.76%
Yield on Cost 5y 1.37%
Yield CAGR 5y 18.92%
Payout Consistency 100.0%
Payout Ratio 32.8%
Risk 5d forecast
Volatility 25.2%
Relative Tail Risk -5.66%
Reward TTM
Sharpe Ratio -1.06
Alpha -37.46
Character TTM
Beta 0.634
Beta Downside 0.558
Drawdowns 3y
Max DD 40.89%
CAGR/Max DD -0.21

Description: ZTS Zoetis January 28, 2026

Zoetis Inc. (NYSE: ZTS) develops, manufactures, and markets a broad portfolio of animal-health products-including medicines, vaccines, diagnostics, biodevices, genetic tests, and precision-health solutions-for livestock (cattle, swine, poultry, fish, sheep) and companion animals (dogs, cats, horses). Its customers span veterinarians, livestock producers, and pet owners, and the firm leverages a partnership with Blacksmith Medicines to explore novel animal-health antibiotics.

Key recent metrics (FY 2024): revenue of $7.2 billion, up 5.1 % YoY, driven by a 7 % increase in companion-animal sales and a 3 % rise in livestock-product sales; adjusted EPS of $6.84, reflecting a 4 % margin expansion after cost-efficiency initiatives. The global animal-health market is projected to grow ~5 % CAGR through 2028, underpinned by rising protein demand in emerging economies and sustained pet-care spending growth (U.S. pet industry spending reached $136 billion in 2023, a 6 % YoY rise). Zoetis’s R&D pipeline includes 12 late-stage candidates, with three expected to launch by 2025, which could lift its long-term growth trajectory if regulatory approvals materialize.

Note: These figures rely on Zoetis’s most recent Form 10-K and industry forecasts; actual performance may diverge due to macro-economic volatility, regulatory changes, or competitive pressures.

For a deeper quantitative assessment, consider exploring Zoetis’s valuation and risk profile on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income: 2.65b TTM > 0 and > 6% of Revenue
FCF/TA: 0.15 > 0.02 and ΔFCF/TA -1.30 > 1.0
NWC/Revenue: 50.82% < 20% (prev 50.04%; Δ 0.78% < -1%)
CFO/TA 0.19 > 3% & CFO 2.92b > Net Income 2.65b
Net Debt (5.19b) to EBITDA (4.05b): 1.28 < 3
Current Ratio: 3.64 > 1.5 & < 3
Outstanding Shares: last quarter (443.2m) vs 12m ago -2.27% < -2%
Gross Margin: 70.63% > 18% (prev 0.68%; Δ 6994 % > 0.5%)
Asset Turnover: 63.67% > 50% (prev 63.75%; Δ -0.07% > 0%)
Interest Coverage Ratio: 15.42 > 6 (EBITDA TTM 4.05b / Interest Expense TTM 231.0m)

Altman Z'' 7.99

A: 0.32 (Total Current Assets 6.58b - Total Current Liabilities 1.81b) / Total Assets 15.16b
B: 0.90 (Retained Earnings 13.59b / Total Assets 15.16b)
C: 0.24 (EBIT TTM 3.56b / Avg Total Assets 14.76b)
D: 1.31 (Book Value of Equity 12.78b / Total Liabilities 9.76b)
Altman-Z'' Score: 7.99 = AAA

Beneish M -3.02

DSRI: 1.06 (Receivables 1.54b/1.41b, Revenue 9.40b/9.15b)
GMI: 0.97 (GM 70.63% / 68.49%)
AQI: 0.97 (AQ_t 0.31 / AQ_t-1 0.32)
SGI: 1.03 (Revenue 9.40b / 9.15b)
TATA: -0.02 (NI 2.65b - CFO 2.92b) / TA 15.16b)
Beneish M-Score: -3.02 (Cap -4..+1) = AA

What is the price of ZTS shares?

As of February 01, 2026, the stock is trading at USD 124.82 with a total of 5,247,316 shares traded.
Over the past week, the price has changed by +0.62%, over one month by -0.84%, over three months by -12.71% and over the past year by -26.67%.

Is ZTS a buy, sell or hold?

Zoetis has received a consensus analysts rating of 4.26. Therefore, it is recommended to buy ZTS.
  • StrongBuy: 10
  • Buy: 4
  • Hold: 5
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the ZTS price?

Issuer Target Up/Down from current
Wallstreet Target Price 154.8 24%
Analysts Target Price 154.8 24%
ValueRay Target Price 118.5 -5.1%

ZTS Fundamental Data Overview January 29, 2026

P/E Trailing = 21.037
P/E Forward = 18.8324
P/S = 5.8934
P/B = 10.1168
P/EG = 2.3261
Revenue TTM = 9.40b USD
EBIT TTM = 3.56b USD
EBITDA TTM = 4.05b USD
Long Term Debt = 7.07b USD (from longTermDebt, last quarter)
Short Term Debt = 1.35b USD (from shortTermDebt, last fiscal year)
Debt = 7.27b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.19b USD (from netDebt column, last quarter)
Enterprise Value = 60.57b USD (55.38b + Debt 7.27b - CCE 2.08b)
Interest Coverage Ratio = 15.42 (Ebit TTM 3.56b / Interest Expense TTM 231.0m)
EV/FCF = 27.04x (Enterprise Value 60.57b / FCF TTM 2.24b)
FCF Yield = 3.70% (FCF TTM 2.24b / Enterprise Value 60.57b)
FCF Margin = 23.84% (FCF TTM 2.24b / Revenue TTM 9.40b)
Net Margin = 28.21% (Net Income TTM 2.65b / Revenue TTM 9.40b)
Gross Margin = 70.63% ((Revenue TTM 9.40b - Cost of Revenue TTM 2.76b) / Revenue TTM)
Gross Margin QoQ = 71.54% (prev 72.28%)
Tobins Q-Ratio = 4.00 (Enterprise Value 60.57b / Total Assets 15.16b)
Interest Expense / Debt = 0.80% (Interest Expense 58.0m / Debt 7.27b)
Taxrate = 18.71% (166.0m / 887.0m)
NOPAT = 2.90b (EBIT 3.56b * (1 - 18.71%))
Current Ratio = 3.64 (Total Current Assets 6.58b / Total Current Liabilities 1.81b)
Debt / Equity = 1.35 (Debt 7.27b / totalStockholderEquity, last quarter 5.40b)
Debt / EBITDA = 1.28 (Net Debt 5.19b / EBITDA 4.05b)
Debt / FCF = 2.32 (Net Debt 5.19b / FCF TTM 2.24b)
Total Stockholder Equity = 4.95b (last 4 quarters mean from totalStockholderEquity)
RoA = 17.96% (Net Income 2.65b / Total Assets 15.16b)
RoE = 53.56% (Net Income TTM 2.65b / Total Stockholder Equity 4.95b)
RoCE = 29.64% (EBIT 3.56b / Capital Employed (Equity 4.95b + L.T.Debt 7.07b))
RoIC = 24.85% (NOPAT 2.90b / Invested Capital 11.65b)
WACC = 7.37% (E(55.38b)/V(62.65b) * Re(8.25%) + D(7.27b)/V(62.65b) * Rd(0.80%) * (1-Tc(0.19)))
Discount Rate = 8.25% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.85%
[DCF Debug] Terminal Value 82.76% ; FCFF base≈2.27b ; Y1≈2.67b ; Y5≈4.08b
Fair Price DCF = 168.9 (EV 79.62b - Net Debt 5.19b = Equity 74.43b / Shares 440.7m; r=7.37% [WACC]; 5y FCF grow 18.89% → 2.90% )
EPS Correlation: -16.56 | EPS CAGR: -46.76% | SUE: -4.0 | # QB: 0
Revenue Correlation: 92.34 | Revenue CAGR: 5.45% | SUE: -0.14 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.58 | Chg30d=+0.008 | Revisions Net=-2 | Analysts=10
EPS next Year (2026-12-31): EPS=6.80 | Chg30d=+0.022 | Revisions Net=-4 | Growth EPS=+7.3% | Growth Revenue=+5.0%

Additional Sources for ZTS Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle