Zoetis Inc (ZTS)

Profitability ratios

Return on sales

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
Gross profit margin 43.33% 42.99% 42.45% 42.18% 41.90% 41.91% 41.62% 40.94% 41.76% 41.09% 41.20% 41.52% 41.56% 40.97% 40.91% 40.43% 38.97% 56.42% 56.55% 57.19%
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%
Pretax margin 33.74% 33.25% 32.48% 34.22% 34.41% 34.42% 34.44% 32.48% 32.91% 32.13% 32.07% 32.07% 32.03% 31.58% 31.61% 31.22% 29.93% 30.79% 30.68% 30.24%
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%

Based on the provided data, let's analyze the profitability ratios of Zoetis Inc:

1. Gross Profit Margin:
- The gross profit margin has been relatively stable over the years, ranging from 38.97% in December 2020 to 43.33% in December 2024.
- The company's ability to generate profits from its core operations has shown a positive trend, reaching its highest point by the end of 2024.

2. Operating Profit Margin:
- Zoetis Inc's operating profit margin experienced significant fluctuations, dropping to as low as 2.10% in December 2020 and gradually improving to 8.63% by December 2024.
- The company managed to recover and improve its operational efficiency over the years, resulting in higher profitability from its core business activities.

3. Pretax Margin:
- The pretax margin has shown a general upward trend, starting at 29.93% in December 2020 and reaching 33.74% by December 2024.
- Zoetis Inc demonstrated consistent growth in pre-tax profitability, indicating effective cost management and revenue generation strategies.

4. Net Profit Margin:
- The net profit margin remained relatively stable, fluctuating between 24.54% and 27.43% over the years.
- Despite some variations, the company maintained a healthy level of profitability after accounting for all expenses, taxes, and interest payments.

Overall, Zoetis Inc's profitability ratios reflect a company with solid financial performance, showing improvements in operational efficiency and profitability over the years.


Return on investment

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 return on assets (Operating ROA) 5.61% 5.45% 4.74% 4.29% 3.94% 3.85% 3.69% 3.26% 3.91% 3.23% 3.22% 3.38% 3.45% 3.24% 3.21% 2.54% 1.03% 14.32% 14.45% 17.21%
Return on assets (ROA) 17.46% 16.93% 16.55% 16.66% 16.41% 16.16% 16.10% 15.06% 14.16% 15.12% 15.18% 14.96% 14.65% 14.46% 13.57% 12.86% 12.04% 12.12% 12.37% 13.97%
Return on total capital 33.51% 27.74% 27.16% 27.74% 27.50% 26.85% 27.44% 25.88% 26.28% 28.22% 28.36% 27.83% 24.38% 23.36% 23.55% 22.71% 21.51% 22.00% 21.31% 24.52%
Return on equity (ROE) 52.12% 46.43% 47.20% 47.27% 46.91% 44.90% 47.85% 46.08% 47.99% 44.33% 45.63% 44.50% 44.84% 42.36% 43.89% 43.38% 43.46% 46.17% 54.23% 58.52%

Zoetis Inc has shown a consistent improvement in its profitability ratios over the period from March 31, 2020, to December 31, 2024.

- Operating return on assets (Operating ROA) has increased steadily from 17.21% as of March 31, 2020, to 5.61% as of December 31, 2024.
- Return on assets (ROA) has also shown a positive trend, improving from 13.97% in March 31, 2020, to 17.46% by December 31, 2024.
- Return on total capital has exhibited a similar upward trajectory, rising from 24.52% in March 31, 2020, to 33.51% by December 31, 2024.
- Return on equity (ROE) has shown consistent growth, increasing from 58.52% in March 31, 2020, to 52.12% by December 31, 2024.

Overall, these profitability ratios indicate that Zoetis Inc has effectively utilized its assets and capital to generate increased returns for its shareholders over the analyzed period.


See also:

Zoetis Inc Profitability Ratios (Quarterly Data)