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ZTS

Zoetis

Health CarePharmaceutical PreparationsS&P 500
Ticker ZTSPARSIPPANY, NJFiscal year ends DecemberBook value per share $7.49Diluted shares 420.1M

Zoetis Inc. (NASDAQ: ZTS) is a global leader in the animal health industry with a legacy spanning nearly 75 years. The company discovers, develops, manufactures and commercializes medicines, vaccines, diagnostic products and services, biodevices, genetic tests and precision animal health solutions. Zoetis operates… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$9.47BFY2025
+2.3% year over year
Last 12 mo $9.52B
37.46%FY2025
+1.4 percentage points
Last 12 mo 36.39%
$2.67BFY2025
+7.1% year over year
Last 12 mo $2.62B
81.46%FY2025
+28.5 percentage points
Last 12 mo 83.10%
Cash & financing
$2.90BFY2025
−1.7% year over year
Last 12 mo $2.89B
$2.28BFY2025
−0.7% year over year
Last 12 mo $2.37B
2.71FY2025
Was 1.38× a year earlier
Last 12 mo 2.87
443.8MFY2025
−2.4% year over year
Last 12 mo 420.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Zoetis does

In the company’s own words

Zoetis Inc. (NASDAQ: ZTS) is a global leader in the animal health industry with a legacy spanning nearly 75 years. The company discovers, develops, manufactures and commercializes medicines, vaccines, diagnostic products and services, biodevices, genetic tests and precision animal health solutions. Zoetis operates through two primary segments: the United States, which generated 54% of total revenue, and International operations, which accounted for 45% of revenue, with the remaining 1% derived from contract manufacturing services and human health products.

The company maintains a diversified portfolio across eight core animal species: dogs, cats and horses in the companion animal segment, and cattle, swine, poultry, fish and sheep in the livestock segment. Its product offerings span seven major categories including parasiticides, vaccines, dermatology, anti-infectives, pain and sedation, other pharmaceuticals and animal health diagnostics. Companion animal products represent approximately 70% of revenue while livestock products comprise 29%.

Zoetis operates a global manufacturing network of 21 owned or leased facilities across North America, Europe, Asia, Australia and South America, supplemented by relationships with over 90 contract manufacturing organizations. The company directly markets products in approximately 45 countries with distribution in more than 100 countries globally. As of December 31, 2025, Zoetis employed approximately 3,900 sales representatives and technical specialists, with approximately 1,700 employees dedicated to research and development operations headquartered in Kalamazoo, Michigan.

The company's intellectual property portfolio includes more than 5,500 granted patents and 1,600 pending patent applications filed across over 50 countries. Notable proprietary brands include Simparica and Simparica Trio for parasitic control, Apoquel for dermatology, Librela and Solensia for osteoarthritis pain management, and the Vetscan diagnostic platform. Zoetis was incorporated as a Delaware corporation in July 2012, following its separation from Pfizer Inc. The company's website is www.zoetis.com.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
PARSIPPANY, NJ
Fiscal year end
December
CIK
1555280
SIC
2834

Financial performance, year by year

Fiscal 2013–2025 · USD
$-951.70M$1.90B$4.76B$7.61B$10.47B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Zoetis — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

822
funds hold it
5 of 35
superinvestors hold it
$11.07B
held by funds, at market
33.3%
of shares held by funds
11
bond issues held by funds

Superinvestors in Zoetis · what they did last quarter

Ruane CunniffDECREASED -3.0%
Ruane, Cunniff & Goldfarb (Sequoia)
2.6%of 13F portfolio
Bill SmeadNEW
Smead Capital Management
1.9%of 13F portfolio
Tweedy BrowneNEW
Tweedy, Browne
3.0%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Zoetis’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.05%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.26%of fund net assets
VANGUARD EQUITY INCOME FUND
VEIPX · VANGUARD FENWAY FUNDS
0.67%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.05%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Zoetis’s bonds, as funds hold them

Funds report holding 11 issues of Zoetis’s debt, $1.35B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.48%, maturing 2027 to 2050.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Zoetis and its peers compare on margins and cash generation over ten years?”
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