Zoetis Inc (ZTS)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,486,000 | 2,430,000 | 2,344,000 | 2,391,000 | 2,344,000 | 2,280,000 | 2,213,000 | 2,071,000 | 2,114,000 | 2,067,000 | 2,090,000 | 2,073,000 | 2,037,000 | 1,982,000 | 1,909,000 | 1,774,000 | 1,638,000 | 1,663,000 | 1,617,000 | 1,611,000 |
| Revenue (ttm) | US$ in thousands | 9,256,000 | 9,152,000 | 8,915,000 | 8,734,000 | 8,544,000 | 8,371,000 | 8,222,000 | 8,094,000 | 8,080,000 | 8,007,000 | 7,995,000 | 7,891,000 | 7,776,000 | 7,616,000 | 7,412,000 | 7,012,000 | 6,675,000 | 6,542,000 | 6,340,000 | 6,339,000 |
| Net profit margin | 26.86% | 26.55% | 26.29% | 27.38% | 27.43% | 27.24% | 26.92% | 25.59% | 26.16% | 25.81% | 26.14% | 26.27% | 26.20% | 26.02% | 25.76% | 25.30% | 24.54% | 25.42% | 25.50% | 25.41% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,486,000K ÷ $9,256,000K
= 26.86%
Net profit margin is a key profitability ratio that indicates the percentage of revenue that translates into net income after deducting all expenses. The net profit margin for Zoetis Inc has shown fluctuations over the periods provided in the data.
From March 31, 2020, to December 31, 2021, the net profit margin remained relatively stable in the range of 24.54% to 26.20%. There was a slight decrease in the net profit margin in December 31, 2021, but it recovered and even reached a peak of 26.27% in March 31, 2022.
In the subsequent quarters, the net profit margin continued to fluctuate but generally stayed above 25%. Notably, there was a significant increase in the net profit margin in June 30, 2023, reaching 26.92% and further increasing to 27.43% by December 31, 2023, reflecting improved profitability for the company.
However, in the following periods, the net profit margin experienced a decline, dropping to 26.29% by June 30, 2024, before recovering slightly to 26.86% by December 31, 2024. This suggests some variability in the company's ability to convert revenue into profit during these quarters.
Overall, Zoetis Inc's net profit margin has shown resilience and periods of growth, with some fluctuations in profitability. It is essential for the company to closely monitor and manage expenses to maintain a healthy net profit margin in the future.
Peer comparison
Dec 31, 2024