FN2 Earnings Intelligence
Zoetis Inc. cash flow
Zoetis Inc. (ZTS) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $3,485 | $3,581 | $2,041 | $1,987 | $2,312 | - | - |
| + Debt | $6,592 | $6,554 | $6,567 | $5,220 | - | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $7,776 | $8,080 | $8,544 | $9,256 | $9,467 | $9,731.6 | $10,116 |
| % Growth | 16.5% | 3.9% | 5.7% | 8.3% | 2.3% | 2.8% | 4.0% |
| Gross Profit | $3,254 | $3,510 | $3,655 | $4,138 | $4,255 | - | - |
| % Margin | 41.8% | 43.4% | 42.8% | 44.7% | 44.9% | - | - |
| EBITDA | - | - | - | - | - | - | - |
| % Margin | - | - | - | - | - | - | - |
| Net Income | $2,037 | $2,114 | $2,344 | $2,486 | $2,673 | - | - |
| % Margin | 26.2% | 26.2% | 27.4% | 26.9% | 28.2% | - | - |
| Diluted EPS | $4.27 | $4.49 | $5.07 | $5.47 | $6.02 | $6.88 | $7.37 |
| % Growth | 24.9% | 5.2% | 12.9% | 7.9% | 10.1% | 14.3% | 7.1% |
| Operating Cash Flow | $2,213 | $1,912 | $2,353 | $2,953 | $2,904 | - | - |
| CapEx | $477 | $586 | $732 | $655 | $621 | - | - |
| Free Cash Flow | $1,736 | $1,326 | $1,621 | $2,298 | $2,283 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $7,776 | $8,080 | $8,544 | $9,256 | $9,467 | $9,731.6 | $10,116 |
| Gross Profit | $3,254 | $3,510 | $3,655 | $4,138 | $4,255 | - | - |
| EBITDA | - | - | - | - | - | - | - |
| Net Income | $2,037 | $2,114 | $2,344 | $2,486 | $2,673 | - | - |
| Diluted EPS | $4.27 | $4.49 | $5.07 | $5.47 | $6.02 | $6.88 | $7.37 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $3,485 | $3,581 | $2,041 | $1,987 | $2,312 |
| Short-term Debt | $0 | $2 | $3 | $0 | - |
| Long-term Debt | $6,592 | $6,552 | $6,564 | $5,220 | $9,042 |
| Total Debt | $6,592 | $6,554 | $6,567 | $5,220 | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $2,213 | $1,912 | $2,353 | $2,953 | $2,904 |
| Capital Expenditure | $477 | $586 | $732 | $655 | $621 |
| Free Cash Flow | $1,736 | $1,326 | $1,621 | $2,298 | $2,283 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 16.5% | 3.9% | 5.7% | 8.3% | 2.3% |
| Gross Margin | 41.8% | 43.4% | 42.8% | 44.7% | 44.9% |
| EBITDA Margin | - | - | - | - | - |
| Net Margin | 26.2% | 26.2% | 27.4% | 26.9% | 28.2% |
| FCF Margin | 22.3% | 16.4% | 19.0% | 24.8% | 24.1% |
| Diluted EPS Growth | 24.9% | 5.2% | 12.9% | 7.9% | 10.1% |