Zoetis Historical Income Statement

ZTS Stock

USD 175.25 1.49 0.84%

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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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 Gross Profit Other Operating Expenses Operating Income

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.

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.

	2021	2022	2023	2024 (projected)
Interest Expense	224M	221M	239M	159.1M
Depreciation And Amortization	448M	465M	491M	515.6M

Interest Expense Depreciation And Amortization

Zoetis income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Minority Interest	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Net Interest Income	Reconciled Depreciation	Extraordinary Items	Interest Income	Selling And Marketing Expenses
Depreciation And Amortization		0.49	0.76	0.76	0.78	0.71	0.71	0.85	0.77	0.74	0.8	0.82	-0.48	0.83	0.46	0.15	-0.13	0.81	-0.32	-0.42	0.56	-0.09	0.61	0.77	0.49	0.95
Interest Expense	0.49		0.87	0.88	0.78	0.92	0.91	0.63	0.88	0.82	0.72	0.82	-0.21	0.82	0.72	-0.4	-0.13	0.84	-0.08	-0.08	0.66	-0.31	0.57	0.79	0.17	0.58
Total Revenue	0.76	0.87		1.0	0.98	0.98	0.98	0.9	0.98	0.98	0.94	0.91	-0.33	0.91	0.76	-0.01	-0.09	0.95	-0.16	-0.29	0.69	-0.18	0.63	0.83	0.34	0.83
Gross Profit	0.76	0.88	1.0		0.97	0.99	0.99	0.88	0.99	0.97	0.94	0.91	-0.35	0.91	0.76	-0.02	-0.11	0.95	-0.17	-0.28	0.7	-0.23	0.62	0.84	0.31	0.83
Other Operating Expenses	0.78	0.78	0.98	0.97		0.92	0.92	0.92	0.93	0.99	0.99	0.88	-0.31	0.89	0.69	0.09	-0.01	0.9	-0.14	-0.35	0.6	-0.1	0.63	0.79	0.4	0.84
Operating Income	0.71	0.92	0.98	0.99	0.92		1.0	0.84	0.99	0.94	0.87	0.9	-0.33	0.9	0.8	-0.1	-0.15	0.95	-0.17	-0.22	0.74	-0.25	0.62	0.84	0.27	0.77
Ebit	0.71	0.91	0.98	0.99	0.92	1.0		0.85	1.0	0.95	0.87	0.9	-0.29	0.9	0.8	-0.08	-0.17	0.96	-0.19	-0.2	0.75	-0.22	0.63	0.84	0.3	0.77
Research Development	0.85	0.63	0.9	0.88	0.92	0.84	0.85		0.88	0.91	0.91	0.83	-0.29	0.85	0.56	0.3	-0.11	0.91	-0.32	-0.24	0.58	0.05	0.7	0.8	0.54	0.86
Ebitda	0.77	0.88	0.98	0.99	0.93	0.99	1.0	0.88		0.95	0.89	0.9	-0.35	0.9	0.77	-0.01	-0.18	0.97	-0.21	-0.23	0.73	-0.23	0.64	0.84	0.3	0.81
Cost Of Revenue	0.74	0.82	0.98	0.97	0.99	0.94	0.95	0.91	0.95		0.95	0.89	-0.25	0.89	0.75	0.03	0.0	0.9	-0.12	-0.32	0.67	-0.05	0.65	0.78	0.43	0.81
Total Operating Expenses	0.8	0.72	0.94	0.94	0.99	0.87	0.87	0.91	0.89	0.95		0.84	-0.37	0.86	0.6	0.15	-0.01	0.87	-0.16	-0.36	0.51	-0.14	0.59	0.78	0.36	0.86
Income Before Tax	0.82	0.82	0.91	0.91	0.88	0.9	0.9	0.83	0.9	0.89	0.84		-0.18	0.99	0.74	-0.25	-0.17	0.9	-0.28	-0.23	0.76	-0.04	0.65	0.86	0.54	0.85
Total Other Income Expense Net	-0.48	-0.21	-0.33	-0.35	-0.31	-0.33	-0.29	-0.29	-0.35	-0.25	-0.37	-0.18		-0.23	0.03	-0.22	-0.3	-0.36	-0.3	0.5	-0.05	0.55	-0.2	-0.37	0.23	-0.48
Net Income	0.83	0.82	0.91	0.91	0.89	0.9	0.9	0.85	0.9	0.89	0.86	0.99	-0.23		0.67	-0.21	-0.16	0.93	-0.27	-0.2	0.69	-0.06	0.67	0.91	0.53	0.86
Income Tax Expense	0.46	0.72	0.76	0.76	0.69	0.8	0.8	0.56	0.77	0.75	0.6	0.74	0.03	0.67		-0.25	-0.2	0.65	-0.24	-0.28	0.91	-0.05	0.39	0.42	0.28	0.54
Selling General Administrative	0.15	-0.4	-0.01	-0.02	0.09	-0.1	-0.08	0.3	-0.01	0.03	0.15	-0.25	-0.22	-0.21	-0.25		0.01	0.01	-0.1	-0.1	-0.27	0.1	-0.06	-0.13	-0.04	0.11
Minority Interest	-0.13	-0.13	-0.09	-0.11	-0.01	-0.15	-0.17	-0.11	-0.18	0.0	-0.01	-0.17	-0.3	-0.16	-0.2	0.01		-0.25	0.84	-0.54	-0.22	0.31	0.06	-0.17	0.21	-0.07
Net Income From Continuing Ops	0.81	0.84	0.95	0.95	0.9	0.95	0.96	0.91	0.97	0.9	0.87	0.9	-0.36	0.93	0.65	0.01	-0.25		-0.31	-0.13	0.68	-0.2	0.67	0.91	0.36	0.84
Non Recurring	-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	-0.1	0.84	-0.31		-0.36	-0.34	-0.03	-0.21	-0.19	-0.18	-0.24
Non Operating Income Net Other	-0.42	-0.08	-0.29	-0.28	-0.35	-0.22	-0.2	-0.24	-0.23	-0.32	-0.36	-0.23	0.5	-0.2	-0.28	-0.1	-0.54	-0.13	-0.36		-0.32	-0.04	-0.03	0.02	-0.21	-0.54
Tax Provision	0.56	0.66	0.69	0.7	0.6	0.74	0.75	0.58	0.73	0.67	0.51	0.76	-0.05	0.69	0.91	-0.27	-0.22	0.68	-0.34	-0.32		0.05	0.43	0.45	0.42	0.63
Net Interest Income	-0.09	-0.31	-0.18	-0.23	-0.1	-0.25	-0.22	0.05	-0.23	-0.05	-0.14	-0.04	0.55	-0.06	-0.05	0.1	0.31	-0.2	-0.03	-0.04	0.05		0.21	-0.23	0.78	-0.08
Reconciled Depreciation	0.61	0.57	0.63	0.62	0.63	0.62	0.63	0.7	0.64	0.65	0.59	0.65	-0.2	0.67	0.39	-0.06	0.06	0.67	-0.21	-0.03	0.43	0.21		0.7	0.6	0.51
Extraordinary Items	0.77	0.79	0.83	0.84	0.79	0.84	0.84	0.8	0.84	0.78	0.78	0.86	-0.37	0.91	0.42	-0.13	-0.17	0.91	-0.19	0.02	0.45	-0.23	0.7		0.36	0.74
Interest Income	0.49	0.17	0.34	0.31	0.4	0.27	0.3	0.54	0.3	0.43	0.36	0.54	0.23	0.53	0.28	-0.04	0.21	0.36	-0.18	-0.21	0.42	0.78	0.6	0.36		0.47
Selling And Marketing Expenses	0.95	0.58	0.83	0.83	0.84	0.77	0.77	0.86	0.81	0.81	0.86	0.85	-0.48	0.86	0.54	0.11	-0.07	0.84	-0.24	-0.54	0.63	-0.08	0.51	0.74	0.47

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Zoetis Account Relationship Matchups

Zoetis income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	155M	441M	448M	465M	491M	515.6M
Interest Expense	223M	231M	224M	221M	239M	159.1M
Total Revenue	6.3B	6.7B	7.8B	8.1B	8.5B	6.0B
Gross Profit	4.3B	4.6B	5.5B	5.6B	5.8B	4.0B
Other Operating Expenses	4.2B	4.4B	5.0B	5.2B	5.5B	4.4B
Operating Income	2.1B	2.3B	2.8B	2.9B	3.1B	1.7B
Ebit	2.1B	2.2B	2.7B	2.9B	3.2B	1.7B
Research Development	457M	463M	508M	539M	614M	480.0M
Ebitda	2.2B	2.7B	3.2B	3.4B	3.7B	1.9B
Cost Of Revenue	2.0B	2.1B	2.3B	2.5B	2.7B	2.0B
Total Operating Expenses	2.3B	2.3B	2.7B	2.7B	2.8B	2.3B
Income Before Tax	1.8B	2.0B	2.5B	2.7B	2.9B	3.1B
Total Other Income Expense Net	(274M)	(465M)	(484M)	(430M)	(133M)	(139.7M)
Net Income	1.5B	1.6B	2.0B	2.1B	2.3B	2.5B
Income Tax Expense	301M	360M	454M	545M	596M	341.7M
Selling General Administrative	1.5B	1.5B	1.5B	1.7B	1.7B	1.3B
Net Income Applicable To Common Shares	1.5B	1.6B	2.0B	2.1B	2.4B	2.6B
Net Income From Continuing Ops	1.5B	1.6B	2.0B	2.1B	2.3B	1.4B
Non Operating Income Net Other	57M	(17M)	(48M)	(40M)	(36M)	(34.2M)
Tax Provision	301M	360M	454M	545M	596M	464.4M
Net Interest Income	(186M)	(219M)	(224M)	(171M)	(134M)	(140.7M)
Reconciled Depreciation	412M	441M	161M	465M	491M	396M
Interest Income	37M	12M	6M	50M	105M	110.3M

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Zoetis Historical Income Statement

About Zoetis Income Statement Analysis

Zoetis Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Zoetis income statement Correlations

Zoetis Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zoetis income statement Accounts

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Gross Profit	+ 1.0	Total Revenue
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Operating Income	+ 0.99	Gross Profit
Ebit	+ 0.99	Gross Profit
Ebitda	+ 0.99	Gross Profit

Selling And Marketing Expenses	- 0.54	Non Operating Income Net Other
Non Operating Income Net Other	- 0.54	Minority Interest
Selling And Marketing Expenses	- 0.48	Total Other Income Expense Net
Total Other Income Expense Net	- 0.48	Depreciation And Amortization
Non Operating Income Net Other	- 0.42	Depreciation And Amortization
Selling General Administrative	- 0.4	Interest Expense