Zoetis Inc (ZTS)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 799,000 | 782,000 | 671,000 | 616,000 | 563,000 | 543,000 | 507,000 | 448,000 | 583,000 | 442,000 | 443,000 | 469,000 | 480,000 | 444,000 | 452,000 | 350,000 | 140,000 | 1,966,000 | 1,889,000 | 1,984,000 |
| 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 |
| Operating profit margin | 8.63% | 8.54% | 7.53% | 7.05% | 6.59% | 6.49% | 6.17% | 5.53% | 7.22% | 5.52% | 5.54% | 5.94% | 6.17% | 5.83% | 6.10% | 4.99% | 2.10% | 30.05% | 29.79% | 31.30% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $799,000K ÷ $9,256,000K
= 8.63%
Zoetis Inc's operating profit margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The margin started at a relatively high level of 31.30% in March 2020, but then decreased to 2.10% by December 2020. However, there was a noticeable improvement in the operating profit margin in the following quarters, reaching 8.63% by the end of December 2024.
Throughout this period, there were variations in the operating profit margin, with some quarters showing an upward trend while others experienced a decline. Notable peaks were observed in December 2022 and December 2024, where the operating profit margin exceeded 7%, indicating better profitability for the company during those periods.
Overall, the trend in Zoetis Inc's operating profit margin demonstrates variability but with a general increasing trajectory towards the end of the period under consideration. This improvement suggests that the company may have implemented strategies to enhance operational efficiency and profitability over time.
Peer comparison
Dec 31, 2024