Zoetis Inc (ZTS)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,486,000 | 2,344,000 | 2,114,000 | 2,037,000 | 1,638,000 |
| Revenue | US$ in thousands | 9,256,000 | 8,544,000 | 8,080,000 | 7,776,000 | 6,675,000 |
| Net profit margin | 26.86% | 27.43% | 26.16% | 26.20% | 24.54% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,486,000K ÷ $9,256,000K
= 26.86%
Based on the data provided for Zoetis Inc's net profit margin over the years 2020 to 2024, we observe a positive trend in the company's profitability performance. The net profit margin, which represents the percentage of revenue that translates into net income after accounting for all expenses, has shown improvements from 24.54% in 2020 to 26.86% in 2024.
In particular, Zoetis Inc experienced an upward trajectory in net profit margin, reaching a peak of 27.43% in 2023, indicating the firm's ability to efficiently convert sales into profits. This trend suggests effective cost management, revenue growth, and operational efficiency within the company, contributing to its overall financial health and performance.
Overall, the consistent improvement in Zoetis Inc's net profit margin highlights the company's strong financial management and business strategies, which have enabled it to enhance profitability and generate value for its stakeholders over the analyzed period.
Peer comparison
Dec 31, 2024