Zoetis Return On Assets from 2010 to 2024

ZTS Stock  USD 169.21  0.70  0.42%   
Zoetis Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Zoetis Inc earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.16407672
Current Value
0.17
Quarterly Volatility
0.04592302
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zoetis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zoetis main balance sheet or income statement drivers, such as Depreciation And Amortization of 515.5 M, Interest Expense of 162.4 M or Total Revenue of 6 B, as well as many exotic indicators such as Short Term Coverage Ratios of 33.23, Price Earnings Ratio of 28.97 or Price To Sales Ratio of 5.59. Zoetis financial statements analysis is a perfect complement when working with Zoetis Valuation or Volatility modules.
  
This module can also supplement Zoetis' financial leverage analysis and stock options assessment as well as various Zoetis Technical models . Check out the analysis of Zoetis Correlation against competitors.

Latest Zoetis' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Zoetis Inc over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Zoetis' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zoetis' overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Zoetis Return On Assets Regression Statistics

Arithmetic Mean0.10
Geometric Mean0.09
Coefficient Of Variation44.32
Mean Deviation0.04
Median0.11
Standard Deviation0.05
Sample Variance0
Range0.1492
R-Value0.94
Mean Square Error0.0003
R-Squared0.89
Slope0.01
Total Sum of Squares0.03

Zoetis Return On Assets History

2024 0.17
2023 0.16
2022 0.14
2021 0.15
2020 0.12
2018 0.13
2017 0.1

About Zoetis Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Zoetis income statement, its balance sheet, and the statement of cash flows. Zoetis investors use historical funamental indicators, such as Zoetis's Return On Assets, to determine how well the company is positioned to perform in the future. Although Zoetis investors may use each financial statement separately, they are all related. The changes in Zoetis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Zoetis's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Zoetis Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Zoetis. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Return On Assets 0.16  0.17 

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When determining whether Zoetis Inc is a strong investment it is important to analyze Zoetis' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zoetis' future performance. For an informed investment choice regarding Zoetis Stock, refer to the following important reports:
Check out the analysis of Zoetis Correlation against competitors.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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Is Zoetis' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zoetis. If investors know Zoetis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zoetis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.164
Dividend Share
1.5
Earnings Share
5.07
Revenue Per Share
18.527
Quarterly Revenue Growth
0.085
The market value of Zoetis Inc is measured differently than its book value, which is the value of Zoetis that is recorded on the company's balance sheet. Investors also form their own opinion of Zoetis' value that differs from its market value or its book value, called intrinsic value, which is Zoetis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zoetis' market value can be influenced by many factors that don't directly affect Zoetis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zoetis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zoetis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zoetis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.