Zoetis Inc (ZTS)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 723,000 | 511,000 | 565,000 | 392,000 | 124,000 |
| Revenue | US$ in thousands | 9,256,000 | 8,544,000 | 8,080,000 | 7,776,000 | 6,675,000 |
| Operating profit margin | 7.81% | 5.98% | 6.99% | 5.04% | 1.86% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $723,000K ÷ $9,256,000K
= 7.81%
The operating profit margin of Zoetis Inc has shown a positive trend over the past five years. Starting at 1.86% on December 31, 2020, the margin increased to 5.04% by December 31, 2021, reflecting an upward trajectory. This positive trend continued as the operating profit margin further improved to 6.99% by December 31, 2022.
In the subsequent year, there was a slight dip in the operating profit margin to 5.98% by December 31, 2023. However, Zoetis Inc managed to bounce back strongly, achieving a significant increase in operating profit margin to 7.81% by December 31, 2024.
Overall, the company has demonstrated the ability to enhance its operational efficiency and profitability over the years, culminating in a robust operating profit margin. This indicates effective cost management and revenue generation strategies implemented by Zoetis Inc, positioning it favorably in its industry.
Peer comparison
Dec 31, 2024