Zoetis Financials

ZTS Stock  USD 168.51  2.84  1.71%   
Based on the key indicators related to Zoetis' liquidity, profitability, solvency, and operating efficiency, Zoetis Inc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Zoetis' Net Tangible Assets are comparatively stable compared to the past year. Key indicators impacting Zoetis' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.170.1641
Sufficiently Up
Slightly volatile
Return On Equity0.320.4691
Way Down
Slightly volatile
Debt Equity Ratio1.691.3238
Significantly Up
Pretty Stable
Operating Income1.7 B3.1 B
Way Down
Slightly volatile
Current Ratio2.373.3579
Way Down
Pretty Stable
The financial analysis of Zoetis is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Zoetis includes many different criteria found on its balance sheet. For example, investors should never minimize Zoetis' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Zoetis' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Zoetis.

Cash And Equivalents

2.59 Billion

With this module, you can analyze Zoetis financials for your investing period. You should be able to track the changes in Zoetis individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Zoetis Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Zoetis' financial statements are interrelated, with each one affecting the others. For example, an increase in Zoetis' assets may result in an increase in income on the income statement.
Evaluating Zoetis' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Zoetis' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Zoetis' relative financial performance

Chance Of Distress

Less than 6

 
100  
 
Zero
Low
Zoetis Inc has less than 6 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Zoetis stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Zoetis' odds of distress score SHOULD NOT be confused with the real chance of Zoetis Inc filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Zoetis is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Zoetis' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Zoetis' official financial statements usually reflect Zoetis' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Zoetis Inc. For example, before you start analyzing numbers published by Zoetis accountants, it's critical to develop an understanding of what Zoetis' liquidity, profitability, and earnings quality are in the context of the Pharmaceuticals space in which it operates.
Please note, the presentation of Zoetis' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Zoetis' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Zoetis' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Zoetis Inc. Please utilize our Beneish M Score to check the likelihood of Zoetis' management manipulating its earnings.

Zoetis Company Summary

Zoetis competes with Agilent Technologies, Mustang Bio, Moleculin Biotech, Seres Therapeutics, and Madrigal Pharmaceuticals. Zoetis Inc. discovers, develops, manufactures, and commercializes animal health medicines, vaccines, and diagnostic products in the United States and internationally. The company was founded in 1952 and is headquartered in Parsippany, New Jersey. Zoetis Inc operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on New York Stock Exchange. It employs 12100 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001555280
ISINUS98978V1035
CUSIP98978V103
RegionNorth America
LocationNew Jersey; U.S.A
Business Address10 Sylvan Way,
SectorPharmaceuticals
IndustryHealth Care
BenchmarkNYSE Composite
Websitewww.zoetis.com
Phone973 822 7000
CurrencyUSD - US Dollar
You should never invest in Zoetis without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Zoetis Stock, because this is throwing your money away. Analyzing the key information contained in Zoetis' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Zoetis Key Financial Ratios

Generally speaking, Zoetis' financial ratios allow both analysts and investors to convert raw data from Zoetis' financial statements into concise, actionable information that can be used to evaluate the performance of Zoetis over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Zoetis Inc reports annually and quarterly.

Zoetis Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets11.5B13.6B13.9B14.9B14.3B10.5B
Other Current Liab55M93M1.3B1.4B1.4B1.5B
Other Liab917M891M811M585M672.8M614.3M
Net Debt4.7B3.8B3.3B4.5B4.8B3.4B
Accounts Payable301M457M436M405M411M367.5M
Cash1.9B3.6B3.5B3.6B2.0B1.7B
Other Assets160M392M211M320M368M222.8M
Long Term Debt5.9B6.6B6.6B6.6B6.6B4.8B
Net Receivables1.1B1.0B1.1B1.2B1.3B1.1B
Good Will2.6B2.7B2.7B2.7B2.8B2.0B
Inventory1.4B1.6B1.9B2.3B2.6B1.7B
Other Current Assets318M366M389M365M434M301.3M
Total Liab8.8B9.8B9.4B10.5B9.3B7.3B
Total Current Assets4.7B6.6B6.9B7.5B6.3B4.9B
Short Term Debt500M604M41M1.4B51M48.5M
Intangible Assets1.9B1.7B1.5B1.4B1.3B1.4B
Retained Earnings4.4B5.7B7.2B8.7B10.3B10.8B
Treasury Stock(2.0B)(2.2B)(3.0B)(4.5B)(4.1B)(3.9B)
Net Tangible Assets(1.8B)(635M)387M279M320.9M336.9M

Zoetis Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Zoetis' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense223M231M224M221M285M162.4M
Total Revenue6.3B6.7B7.8B8.1B8.5B6.0B
Gross Profit4.3B4.6B5.5B5.6B5.8B4.0B
Operating Income2.1B2.3B2.8B2.9B3.1B1.7B
Ebit2.1B2.3B2.8B2.9B3.1B1.7B
Research Development457M463M508M539M614M480.0M
Ebitda2.2B2.7B2.9B3.0B3.6B1.9B
Cost Of Revenue2.0B2.1B2.3B2.5B2.7B2.0B
Income Before Tax1.8B2.0B2.5B2.7B2.9B3.1B
Net Income1.5B1.6B2.0B2.1B2.3B2.5B
Income Tax Expense301M360M454M545M596M341.7M
Tax Provision301M360M454M545M596M464.4M
Net Interest Income(186M)(219M)(224M)(171M)(134M)(140.7M)
Interest Income37M12M6M50M105M110.3M

Zoetis Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Zoetis Inc. It measures of how well Zoetis is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Zoetis brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Zoetis had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Zoetis has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash332M1.7B(119M)96M(1.5B)(1.5B)
Free Cash Flow1.3B1.7B1.7B1.3B1.6B947.0M
Depreciation412M441M448M465M491M320.7M
Other Non Cash Items46M137M96M259M31M29.5M
Dividends Paid314M380M474M611M692M726.6M
Capital Expenditures460M453M477M586M732M768.6M
Net Income1.5B1.6B2.0B2.1B2.3B2.5B
End Period Cash Flow1.9B3.6B3.5B3.6B2.0B1.6B
Change Receivables(69M)74M(155M)(137M)(123.3M)(117.1M)
Net Borrowings(9M)732M(604M)1.3B1.2B1.3B
Change To Netincome(57M)31M137M(82M)(73.8M)(70.1M)
Investments138M(27M)32M(883M)(777M)(738.2M)

Zoetis Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Zoetis's current stock value. Our valuation model uses many indicators to compare Zoetis value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zoetis competition to find correlations between indicators driving Zoetis's intrinsic value. More Info.
Zoetis Inc is rated first in earnings per share category among related companies. It is rated first in cash and equivalents category among related companies creating about  705,522,682  of Cash And Equivalents per Earnings Per Share. At this time, Zoetis' Cash And Equivalents is comparatively stable compared to the past year.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Zoetis by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zoetis' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Zoetis' earnings, one of the primary drivers of an investment's value.

Zoetis Inc Systematic Risk

Zoetis' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Zoetis volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Zoetis Inc correlated with the market. If Beta is less than 0 Zoetis generally moves in the opposite direction as compared to the market. If Zoetis Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zoetis Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zoetis is generally in the same direction as the market. If Beta > 1 Zoetis moves generally in the same direction as, but more than the movement of the benchmark.

About Zoetis Financials

What exactly are Zoetis Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Zoetis' income statement, its balance sheet, and the statement of cash flows. Potential Zoetis investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Zoetis Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Zoetis is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Zoetis has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Zoetis' financials are consistent with your investment objective using the following steps:
  • Review Zoetis' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Zoetis' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Zoetis' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Zoetis' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Zoetis Thematic Clasifications

Zoetis Inc is part of several thematic ideas from Obamacare Repeal to SRI Sustainable Growth. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Zoetis Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Zoetis' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Zoetis growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.96

At this time, Zoetis' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Zoetis March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Zoetis help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Zoetis Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zoetis Inc based on widely used predictive technical indicators. In general, we focus on analyzing Zoetis Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Zoetis's daily price indicators and compare them against related drivers.
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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoetis Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Zoetis' price analysis, check to measure Zoetis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zoetis is operating at the current time. Most of Zoetis' value examination focuses on studying past and present price action to predict the probability of Zoetis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoetis' price. Additionally, you may evaluate how the addition of Zoetis to your portfolios can decrease your overall portfolio volatility.
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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.