Zoetis Historical Income Statement

ZTS Stock  USD 176.74  1.04  0.59%   
Historical analysis of Zoetis income statement accounts such as Depreciation And Amortization of 515.5 M, Interest Expense of 159.1 M, Total Revenue of 6 B or Gross Profit of 4 B can show how well Zoetis Inc performed in making a profits. Evaluating Zoetis income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Zoetis's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Zoetis Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Zoetis Inc is a good buy for the upcoming year.
  
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 closely tied with the direction of predictive economic indicators such as signals in estimate.

About Zoetis Income Statement Analysis

Zoetis Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Zoetis shareholders. The income statement also shows Zoetis investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Zoetis Income Statement Chart

At this time, Zoetis' Depreciation And Amortization is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 3.1 B in 2024, whereas Total Revenue is likely to drop slightly above 6 B in 2024.

Total Revenue

Total revenue comprises all receipts Zoetis Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Zoetis Inc minus its cost of goods sold. It is profit before Zoetis operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Zoetis Inc. It is also known as Zoetis overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Zoetis Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Zoetis Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from Zoetis' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Zoetis Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Zoetis' Depreciation And Amortization is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 3.1 B in 2024, whereas Total Revenue is likely to drop slightly above 6 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense224M221M239M159.1M
Depreciation And Amortization448M465M491M515.6M

Zoetis income statement Correlations

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0.760.881.00.970.990.990.880.990.970.940.91-0.350.910.76-0.02-0.110.95-0.17-0.280.7-0.230.620.840.310.83
0.780.780.980.970.920.920.920.930.990.990.88-0.310.890.690.09-0.010.9-0.14-0.350.6-0.10.630.790.40.84
0.710.920.980.990.921.00.840.990.940.870.9-0.330.90.8-0.1-0.150.95-0.17-0.220.74-0.250.620.840.270.77
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0.820.820.910.910.880.90.90.830.90.890.84-0.180.990.74-0.25-0.170.9-0.28-0.230.76-0.040.650.860.540.85
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0.830.820.910.910.890.90.90.850.90.890.860.99-0.230.67-0.21-0.160.93-0.27-0.20.69-0.060.670.910.530.86
0.460.720.760.760.690.80.80.560.770.750.60.740.030.67-0.25-0.20.65-0.24-0.280.91-0.050.390.420.280.54
0.15-0.4-0.01-0.020.09-0.1-0.080.3-0.010.030.15-0.25-0.22-0.21-0.250.010.01-0.1-0.1-0.270.1-0.06-0.13-0.040.11
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0.810.840.950.950.90.950.960.910.970.90.870.9-0.360.930.650.01-0.25-0.31-0.130.68-0.20.670.910.360.84
-0.32-0.08-0.16-0.17-0.14-0.17-0.19-0.32-0.21-0.12-0.16-0.28-0.3-0.27-0.24-0.10.84-0.31-0.36-0.34-0.03-0.21-0.19-0.18-0.24
-0.42-0.08-0.29-0.28-0.35-0.22-0.2-0.24-0.23-0.32-0.36-0.230.5-0.2-0.28-0.1-0.54-0.13-0.36-0.32-0.04-0.030.02-0.21-0.54
0.560.660.690.70.60.740.750.580.730.670.510.76-0.050.690.91-0.27-0.220.68-0.34-0.320.050.430.450.420.63
-0.09-0.31-0.18-0.23-0.1-0.25-0.220.05-0.23-0.05-0.14-0.040.55-0.06-0.050.10.31-0.2-0.03-0.040.050.21-0.230.78-0.08
0.610.570.630.620.630.620.630.70.640.650.590.65-0.20.670.39-0.060.060.67-0.21-0.030.430.210.70.60.51
0.770.790.830.840.790.840.840.80.840.780.780.86-0.370.910.42-0.13-0.170.91-0.190.020.45-0.230.70.360.74
0.490.170.340.310.40.270.30.540.30.430.360.540.230.530.28-0.040.210.36-0.18-0.210.420.780.60.360.47
0.950.580.830.830.840.770.770.860.810.810.860.85-0.480.860.540.11-0.070.84-0.24-0.540.63-0.080.510.740.47
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Zoetis Account Relationship Matchups

Zoetis income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization155M441M448M465M491M515.6M
Interest Expense223M231M224M221M239M159.1M
Total Revenue6.3B6.7B7.8B8.1B8.5B6.0B
Gross Profit4.3B4.6B5.5B5.6B5.8B4.0B
Other Operating Expenses4.2B4.4B5.0B5.2B5.5B4.4B
Operating Income2.1B2.3B2.8B2.9B3.1B1.7B
Ebit2.1B2.2B2.7B2.9B3.2B1.7B
Research Development457M463M508M539M614M480.0M
Ebitda2.2B2.7B3.2B3.4B3.7B1.9B
Cost Of Revenue2.0B2.1B2.3B2.5B2.7B2.0B
Total Operating Expenses2.3B2.3B2.7B2.7B2.8B2.3B
Income Before Tax1.8B2.0B2.5B2.7B2.9B3.1B
Total Other Income Expense Net(274M)(465M)(484M)(430M)(133M)(139.7M)
Net Income1.5B1.6B2.0B2.1B2.3B2.5B
Income Tax Expense301M360M454M545M596M341.7M
Selling General Administrative1.5B1.5B1.5B1.7B1.7B1.3B
Net Income Applicable To Common Shares1.5B1.6B2.0B2.1B2.4B2.6B
Net Income From Continuing Ops1.5B1.6B2.0B2.1B2.3B1.4B
Non Operating Income Net Other57M(17M)(48M)(40M)(36M)(34.2M)
Tax Provision301M360M454M545M596M464.4M
Net Interest Income(186M)(219M)(224M)(171M)(134M)(140.7M)
Reconciled Depreciation412M441M161M465M491M396M
Interest Income37M12M6M50M105M110.3M

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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.