Zoetis revenue and financials
$71.41Change from previous close: +2.47%Absolute change: +$1.72
In the fiscal year ended December 2025, Zoetis reported revenue of $9.47B (+2.28% year over year). Net income was $2.67B, a net margin of 28.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +2.28%
- 2025 vs 2024
- Net income growth
- +7.52%
- 2025 vs 2024
- Net margin
- 28.2%
- 2024: 26.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 9,467 | 9,256 | 8,544 | 8,080 | 7,776 | 6,675 | 6,260 | 5,825 | 5,307 | 4,888 |
| Cost of revenue | 2,666 | 2,719 | 2,561 | 2,454 | 2,303 | 2,057 | 1,992 | 1,911 | 1,775 | 1,666 |
| Gross profit | 6,801 | 6,537 | 5,983 | 5,626 | — | — | — | — | — | — |
| Selling, general and administrative | 2,378 | 2,318 | 2,151 | 2,009 | — | — | — | — | — | — |
| Research and development | 698 | 686 | 614 | 539 | — | — | — | — | — | — |
| Operating income | 3,597 | 3,392 | 3,069 | 2,928 | — | — | — | — | — | — |
| EBIT | 3,582 | 3,358 | 3,175 | 2,877 | — | — | — | — | — | — |
| EBITDA | 4,069 | 3,855 | 3,666 | 3,342 | — | — | — | — | — | — |
| Interest expense | 222 | 225 | 239 | 221 | 224 | 231 | 223 | 206 | 175 | 166 |
| Pre-tax income | 3,360 | 3,133 | 2,936 | 2,656 | — | — | — | — | — | — |
| Income tax | 687 | 637 | 596 | 545 | 454 | 360 | 301 | 266 | 663 | 409 |
| Net income | 2,673 | 2,486 | 2,344 | 2,114 | 2,037 | 1,638 | 1,500 | 1,428 | 864 | 821 |
| Net income to common shareholders | 2,673 | 2,486 | 2,344 | 2,114 | — | — | — | — | — | — |
| Basic EPS | 6.03 | 5.47 | 5.08 | 4.51 | 4.29 | 3.44 | 3.14 | 2.96 | 1.76 | 1.66 |
| Diluted EPS | 6.02 | 5.47 | 5.07 | 4.49 | 4.27 | 3.42 | 3.11 | 2.93 | 1.75 | 1.65 |
| Average shares (basic) | 443 | 454 | 461 | 469 | — | — | — | — | — | — |
| Average shares (diluted) | 444 | 455 | 462 | 470 | 477 | 479 | 482 | 487 | 493 | 498 |