Zoetis Inc (ZTS)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 2,001,000 | 1,891,000 | 1,797,000 | 1,732,000 |
| Revenue (ttm) | US$ in thousands | 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 | 6,260,000 | 6,150,000 | 6,046,000 | 5,914,000 |
| Operating profit margin | 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% | 31.96% | 30.75% | 29.72% | 29.29% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $563,000K ÷ $8,544,000K
= 6.59%
The operating profit margin of Zoetis Inc has remained relatively stable over the past eight quarters, ranging from 35.42% to 36.44%. This indicates that the company has been able to effectively manage its operating expenses in relation to its revenue generation during this period. The consistency in the operating profit margin suggests a strong operational efficiency and cost management strategy in place. However, a slight fluctuation in the margins can be observed, which may be influenced by various factors such as changes in sales volume, pricing strategies, or cost fluctuations. Overall, Zoetis Inc's operating profit margin performance demonstrates a strong financial health and efficient operational performance.
Peer comparison
Dec 31, 2023