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Stocks/Health Care/Pharmaceuticals

ZoetisZTS

Pharmaceuticals · Parsippany, New Jersey · In the S&P 500
Solid businessCheaper than peers
$79.72+1.85%After hours: $79.29 (−0.54%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 44.6% over 1 year
Zoetis over 1 yearDaily close, $, to 30 Oct 2026
$100$125Nov2026MarMayJulSep$79.72$100NovMarJul$79.72
Source: Nasdaq daily closes
Market value$32.94B
Price to earnings13.1x
Forward P/E12.9x
Dividend yield2.66%
Year to date−36.6%
One year−44.6%
Next earningsThu 5 Nov, before the open
SectorHealth Care
52-week range (closes)
$69.10$144.35

Quality and valuation

How Zoetis compares with other health care stocks. A description, not a recommendation.

Zoetis and 4 pharmaceuticals peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: cheaper than most

An average business among health care companies, priced below most of them.

Zoetis trades at 12.9 times the next 12 months of expected earnings, against a median of 19.1x for the 65 health care stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +1.5% vs +7.8%
  • Keeps more of each sale (gross margin): 71.5% vs 65.3%
  • Turns more of its sales into cash: 24.3% vs 15.9%
  • Keeps more of its revenue as profit (net margin): 27.5% vs 9.7%
ZTS trades at 12.9x forward earnings, below the sector medianForward p/e, Pharmaceuticals peers
PFE11.1xNVO12.2xZTS12.9xNVS17.0xAZN17.5xMRK18.1xJNJ25.1xLLY36.3xSector median 19.1xPFE11.1xNVO12.2xZTS12.9xNVS17.0xAZN17.5xMRK18.1xJNJ25.1xLLY36.3xSector median 19.1x
Source: CNBC quotes; Mostly Markets
At 13.1x earnings, ZTS is cheaper than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
20x30xAverage 24.4x2025202613.1x20x30xAverage 24.4x2025202613.1x
Source: Nasdaq prices; SEC filings

Financials

From Zoetis's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue fell 0.2% from a year earlierQuarterly revenue, $bn, latest Q2 ’26
$0bn$1bn$2bnQ3 ’24Q1 ’25Q3 ’25$2.5bnQ2 ’26$0bn$1bn$2bnQ3 ’24Q1 ’25Q3 ’25$2.5bnQ2 ’26
Source: SEC filings
Growth slowed to −0.2% last quarterRevenue growth, year on year, %
0%5%10%Q3 ’24Q1 ’25Q3 ’25−0.2%Q2 ’260%5%10%Q3 ’24Q1 ’25Q3 ’25−0.2%Q2 ’26
Source: SEC filings
Free cash flow was $2.3 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$200m$400m$600mQ3 ’24Q1 ’25Q3 ’25$538mQ2 ’26$0m$500mQ3 ’24Q1 ’25Q3 ’25$538mQ2 ’26
Source: SEC filings
Diluted EPS was $1.65 last quarterQuarterly diluted earnings per share, $
$0.0$0.5$1.0$1.5Q3 ’24Q1 ’25Q3 ’25$1.65Q2 ’26$0$1Q3 ’24Q1 ’25Q3 ’25$1.65Q2 ’26
Source: SEC filings
Last 12 monthsZTSSector median
Revenue growth+1.5%+7.8%
Gross margin71.5%65.3%
Free cash flow margin24.3%15.9%
Price to earnings13.1x30.2x

Stories on Zoetis

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Similar companies

Pharmaceuticals, by market value.

CompanyPriceTodayYTDValue
LLYEli Lilly$1,417.54+3.19%+31.9%$1.33T
JNJJohnson & Johnson$273.20−0.73%+32.0%$658B
MRKMerck$149.52+2.18%+42.0%$369B
NVSNovartis$160.79−0.19%+16.6%$327B
AZNAstraZeneca$186.65+7.02%+6.4%$290B
PFEPfizer$30.52+1.90%+22.6%$174B
NVONovo Nordisk$40.00+2.20%−21.4%$136B
BMYBristol Myers Squibb$62.48+1.78%+15.8%$128B