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ZTS Quote, Financials, Valuation and Earnings

Last price:
$159.27
Seasonality move :
8.19%
Day range:
$155.02 - $162.16
52-week range:
$139.70 - $200.33
Dividend yield:
1.15%
P/E ratio:
29.03x
P/S ratio:
7.87x
P/B ratio:
15.46x
Volume:
5.6M
Avg. volume:
3.1M
1-year change:
-1.96%
Market cap:
$72B
Revenue:
$9.3B
EPS (TTM):
$5.57
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $6.7B $7.8B $8.1B $8.5B $9.3B
Revenue Growth (YoY) 6.63% 16.49% 3.91% 5.74% 8.33%
 
Cost of Revenues $2.1B $2.3B $2.5B $2.6B $2.7B
Gross Profit $4.6B $5.5B $5.6B $6B $6.5B
Gross Profit Margin 69.18% 70.38% 69.63% 70.03% 70.63%
 
R&D Expenses $463M $508M $539M $614M $686M
Selling, General & Admin $1.7B $2B $2B $2.2B $2.3B
Other Inc / (Exp) -$54M -$97M -$101M $1M -$140M
Operating Expenses $2.3B $2.7B $2.7B $2.9B $3.1B
Operating Income $2.3B $2.8B $2.9B $3.1B $3.4B
 
Net Interest Expenses $219M $218M $171M $134M $119M
EBT. Incl. Unusual Items $2B $2.5B $2.7B $2.9B $3.1B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $360M $454M $545M $596M $637M
Net Income to Company $1.6B $2B $2.1B $2.3B $2.5B
 
Minority Interest in Earnings $2M $3M $3M $4M -$10M
Net Income to Common Excl Extra Items $1.6B $2B $2.1B $2.3B $2.5B
 
Basic EPS (Cont. Ops) $3.44 $4.29 $4.51 $5.08 $5.47
Diluted EPS (Cont. Ops) $3.42 $4.27 $4.49 $5.07 $5.47
Weighted Average Basic Share $475.5M $474.3M $468.9M $461.2M $454.2M
Weighted Average Diluted Share $478.6M $476.7M $470.4M $462.3M $454.8M
 
EBITDA $2.7B $3.2B $3.3B $3.7B $3.9B
EBIT $2.2B $2.7B $2.9B $3.2B $3.4B
 
Revenue (Reported) $6.7B $7.8B $8.1B $8.5B $9.3B
Operating Income (Reported) $2.3B $2.8B $2.9B $3.1B $3.4B
Operating Income (Adjusted) $2.2B $2.7B $2.9B $3.2B $3.4B
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $1.9B $2B $2B $2.2B $2.2B
Revenue Growth (YoY) 21.97% 6.15% 0.71% 9.5% 1.37%
 
Cost of Revenues $549M $569M $588M $643M $622M
Gross Profit $1.3B $1.4B $1.4B $1.5B $1.6B
Gross Profit Margin 70.66% 71.35% 70.6% 70.64% 71.98%
 
R&D Expenses $118M $122M $142M $162M $157M
Selling, General & Admin $409M $465M $505M $547M $563M
Other Inc / (Exp) -$12M -$11M -$1M -$28M -$5M
Operating Expenses $567M $628M $684M $746M $752M
Operating Income $755M $789M $728M $801M $846M
 
Net Interest Expenses $56M $51M $30M $26M $31M
EBT. Incl. Unusual Items $687M $727M $697M $747M $810M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $129M $133M $146M $148M $179M
Net Income to Company $558M $594M $551M $599M $631M
 
Minority Interest in Earnings $1M $1M $1M -- --
Net Income to Common Excl Extra Items $559M $595M $552M $599M $631M
 
Basic EPS (Cont. Ops) $1.18 $1.26 $1.19 $1.31 $1.41
Diluted EPS (Cont. Ops) $1.17 $1.26 $1.19 $1.31 $1.41
Weighted Average Basic Share $475.5M $472.2M $463.5M $458M $447.6M
Weighted Average Diluted Share $477.9M $474.1M $464.6M $458.8M $448M
 
EBITDA $853M $894M $880M $931M $983M
EBIT $744M $780M $760M $805M $864M
 
Revenue (Reported) $1.9B $2B $2B $2.2B $2.2B
Operating Income (Reported) $755M $789M $728M $801M $846M
Operating Income (Adjusted) $744M $780M $760M $805M $864M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $7B $7.9B $8.1B $8.7B $9.3B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $2.1B $2.3B $2.5B $2.6B $2.7B
Gross Profit $4.9B $5.6B $5.6B $6.1B $6.6B
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $474M $512M $559M $634M $681M
Selling, General & Admin $1.7B $2.1B $2B $2.2B $2.3B
Other Inc / (Exp) -$71M -$96M -$91M -$26M -$117M
Operating Expenses $2.4B $2.7B $2.8B $3B $3.2B
Operating Income $2.5B $2.8B $2.9B $3.1B $3.4B
 
Net Interest Expenses $228M $213M $150M $130M $124M
EBT. Incl. Unusual Items $2.2B $2.5B $2.6B $3B $3.2B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $415M $458M $558M $598M $668M
Net Income to Company $1.8B $2.1B $2.1B $2.4B $2.5B
 
Minority Interest in Earnings $3M $3M $3M $3M -$10M
Net Income to Common Excl Extra Items $1.8B $2.1B $2.1B $2.4B $2.5B
 
Basic EPS (Cont. Ops) $3.73 $4.38 $4.44 $5.19 $5.58
Diluted EPS (Cont. Ops) $3.71 $4.36 $4.43 $5.19 $5.57
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $2.9B $3.2B $3.3B $3.7B $3.9B
EBIT $2.4B $2.7B $2.9B $3.2B $3.4B
 
Revenue (Reported) $7B $7.9B $8.1B $8.7B $9.3B
Operating Income (Reported) $2.5B $2.8B $2.9B $3.1B $3.4B
Operating Income (Adjusted) $2.4B $2.7B $2.9B $3.2B $3.4B
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $1.9B $2B $2B $2.2B $2.2B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $549M $569M $588M $643M $622M
Gross Profit $1.3B $1.4B $1.4B $1.5B $1.6B
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $118M $122M $142M $162M $157M
Selling, General & Admin $409M $465M $505M $547M $563M
Other Inc / (Exp) -$12M -$11M -$1M -$28M -$5M
Operating Expenses $567M $628M $684M $746M $752M
Operating Income $755M $789M $728M $801M $846M
 
Net Interest Expenses $56M $51M $30M $26M $31M
EBT. Incl. Unusual Items $687M $727M $697M $747M $810M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $129M $133M $146M $148M $179M
Net Income to Company $558M $594M $551M $599M $631M
 
Minority Interest in Earnings $1M $1M $1M -- --
Net Income to Common Excl Extra Items $559M $595M $552M $599M $631M
 
Basic EPS (Cont. Ops) $1.18 $1.26 $1.19 $1.31 $1.41
Diluted EPS (Cont. Ops) $1.17 $1.26 $1.19 $1.31 $1.41
Weighted Average Basic Share $475.5M $472.2M $463.5M $458M $447.6M
Weighted Average Diluted Share $477.9M $474.1M $464.6M $458.8M $448M
 
EBITDA $853M $894M $880M $931M $983M
EBIT $744M $780M $760M $805M $864M
 
Revenue (Reported) $1.9B $2B $2B $2.2B $2.2B
Operating Income (Reported) $755M $789M $728M $801M $846M
Operating Income (Adjusted) $744M $780M $760M $805M $864M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $3.6B $3.5B $3.6B $2B $2B
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $1B $1.1B $1.2B $1.3B $1.3B
Inventory $1.6B $1.9B $2.3B $2.6B $2.3B
Prepaid Expenses -- -- -- -- --
Other Current Assets $366M $389M $365M $434M $377M
Total Current Assets $6.6B $6.9B $7.5B $6.3B $6B
 
Property Plant And Equipment $2.4B $2.6B $3B $3.4B $3.6B
Long-Term Investments -- -- -- -- --
Goodwill $2.7B $2.7B $2.7B $2.8B $2.7B
Other Intangibles $1.7B $1.5B $1.4B $1.3B $1.1B
Other Long-Term Assets $106M $111M $147M $206M $250M
Total Assets $13.6B $13.9B $14.9B $14.3B $14.2B
 
Accounts Payable $457M $436M $405M $411M $433M
Accrued Expenses $556M $710M $682M $683M $746M
Current Portion Of Long-Term Debt $604M -- $1.4B -- $1.4B
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities $93M $67M $97M $102M $125M
Total Current Liabilities $2.2B $1.8B $3.2B $1.9B $3.4B
 
Long-Term Debt $6.6B $6.6B $6.6B $6.6B $5.2B
Capital Leases -- -- -- -- --
Total Liabilities $9.8B $9.4B $10.5B $9.3B $9.5B
 
Common Stock $5M $5M $5M $5M $5M
Other Common Equity Adj -$730M -$764M -$817M -$839M -$940M
Common Equity $3.8B $4.5B $4.4B $5B $4.8B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $4M $1M -$2M -$6M --
Total Equity $3.8B $4.5B $4.4B $5B $4.8B
 
Total Liabilities and Equity $13.6B $13.9B $14.9B $14.3B $14.2B
Cash and Short Terms $3.6B $3.5B $3.6B $2B $2B
Total Debt $7.2B $6.6B $7.9B $6.6B $6.6B
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $3.6B $3.1B $2.1B $2B $1.7B
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $1.1B $1.2B $1.2B $1.3B $1.4B
Inventory $1.7B $2.1B $2.6B $2.7B $2.4B
Prepaid Expenses -- -- -- -- --
Other Current Assets $367M $423M $411M $440M $430M
Total Current Assets $6.8B $6.8B $6.3B $6.4B $5.9B
 
Property Plant And Equipment $2.4B $2.7B $3.1B $3.5B $3.7B
Long-Term Investments -- -- -- -- --
Goodwill $2.7B $2.7B $2.7B $2.8B $2.7B
Other Intangibles $1.7B $1.4B $1.3B $1.3B $1.1B
Other Long-Term Assets $108M $129M $143M $227M $232M
Total Assets $13.8B $13.9B $13.8B $14.3B $14.1B
 
Accounts Payable $346M $402M $424M $405M $420M
Accrued Expenses $570M $610M $701M $691M $772M
Current Portion Of Long-Term Debt $604M $1.4B $3M -- $1.4B
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities $71M $99M $104M $89M $117M
Total Current Liabilities $2.1B $3B $1.9B $1.9B $3.4B
 
Long-Term Debt $6.6B $5.2B $6.6B $6.6B $5.2B
Capital Leases -- -- -- -- --
Total Liabilities $9.7B $9.2B $9.3B $9.3B $9.4B
 
Common Stock $5M $5M $5M $5M $5M
Other Common Equity Adj -$633M -$704M -$828M -$841M -$1B
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $3M -- -$3M -$6M --
Total Equity $4.1B $4.7B $4.5B $5.1B $4.7B
 
Total Liabilities and Equity $13.8B $13.9B $13.8B $14.3B $14.1B
Cash and Short Terms $3.6B $3.1B $2.1B $2B $1.7B
Total Debt $7.2B $6.6B $6.6B $6.6B $6.6B
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $1.6B $2B $2.1B $2.3B $2.5B
Depreciation & Amoritzation $441M $448M $465M $491M $497M
Stock-Based Compensation $59M $58M $62M $60M $74M
Change in Accounts Receivable $74M -$155M -$137M -$102M -$61M
Change in Inventories -$346M -$366M -$486M -$361M -$40M
Cash From Operations $2.1B $2.2B $1.9B $2.4B $3B
 
Capital Expenditures $453M $477M $586M $732M $655M
Cash Acquisitions -$113M -$14M -$312M -$59M $285M
Cash From Investing -$572M -$458M -$883M -$777M -$315M
 
Dividends Paid (Ex Special Dividend) -$380M -$474M -$611M -$692M -$786M
Special Dividend Paid
Long-Term Debt Issued $1.2B -- $1.3B -- --
Long-Term Debt Repaid -$500M -$600M -- -$1.4B --
Repurchase of Common Stock -$250M -$743M -$1.6B -$1.1B -$1.9B
Other Financing Activities -$11M -$6M -$11M -$3M -$5M
Cash From Financing $123M -$1.9B -$904M -$3.1B -$2.7B
 
Beginning Cash (CF) $1.9B $3.6B $3.5B $3.6B $2B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $1.7B -$107M $125M -$1.5B -$22M
Ending Cash (CF) $3.6B $3.5B $3.6B $2B $2B
 
Levered Free Cash Flow $1.7B $1.7B $1.3B $1.6B $2.3B
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $558M $594M $551M $599M $631M
Depreciation & Amoritzation $109M $114M $120M $126M $119M
Stock-Based Compensation $13M $16M $9M $18M $17M
Change in Accounts Receivable -$108M -$102M $27M -$12M -$53M
Change in Inventories -$84M -$146M -$235M -$98M -$85M
Cash From Operations $400M $309M $549M $595M $587M
 
Capital Expenditures $77M $115M $223M $140M $149M
Cash Acquisitions -$3M -$4M -$7M -- --
Cash From Investing -$63M -$118M -$216M -$131M -$175M
 
Dividends Paid (Ex Special Dividend) -$119M -$154M -$174M -$198M -$224M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- $1M $21M --
Long-Term Debt Repaid -- -- -$1.4B -- --
Repurchase of Common Stock -$181M -$361M -$283M -$339M -$443M
Other Financing Activities -- -- -- -- -$1M
Cash From Financing -$339M -$545M -$1.8B -$524M -$677M
 
Beginning Cash (CF) $3.6B $3.5B $3.6B $2B $2B
Foreign Exchange Rate Adjustment -- $4M -$3M -$6M -$1M
Additions / Reductions -$2M -$354M -$1.5B -$60M -$265M
Ending Cash (CF) $3.6B $3.1B $2.1B $2B $1.7B
 
Levered Free Cash Flow $323M $194M $326M $455M $438M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $1.8B $2.1B $2.1B $2.4B $2.5B
Depreciation & Amoritzation $440M $453M $471M $497M $490M
Stock-Based Compensation $56M $61M $55M $69M $73M
Change in Accounts Receivable -$143M -$149M -$8M -$141M -$102M
Change in Inventories -$333M -$428M -$575M -$224M -$27M
Cash From Operations $2.1B $2.1B $2.2B $2.4B $2.9B
 
Capital Expenditures $436M $515M $694M $649M $664M
Cash Acquisitions -$110M -$15M -$315M -$52M $285M
Cash From Investing -$578M -$513M -$981M -$692M -$359M
 
Dividends Paid (Ex Special Dividend) -$404M -$509M -$631M -$716M -$812M
Special Dividend Paid
Long-Term Debt Issued -- -- $1.3B -- --
Long-Term Debt Repaid -- -- -$1.4B -- --
Repurchase of Common Stock -$181M -$923M -$1.5B -$1.1B -$2B
Other Financing Activities -- -- -- -- -$6M
Cash From Financing $112M -$2.1B -$2.2B -$1.8B -$2.8B
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $1.7B -$459M -$990M -$124M -$227M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $1.7B $1.6B $1.5B $1.8B $2.3B
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $558M $594M $551M $599M $631M
Depreciation & Amoritzation $109M $114M $120M $126M $119M
Stock-Based Compensation $13M $16M $9M $18M $17M
Change in Accounts Receivable -$108M -$102M $27M -$12M -$53M
Change in Inventories -$84M -$146M -$235M -$98M -$85M
Cash From Operations $400M $309M $549M $595M $587M
 
Capital Expenditures $77M $115M $223M $140M $149M
Cash Acquisitions -$3M -$4M -$7M -- --
Cash From Investing -$63M -$118M -$216M -$131M -$175M
 
Dividends Paid (Ex Special Dividend) -$119M -$154M -$174M -$198M -$224M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- $1M $21M --
Long-Term Debt Repaid -- -- -$1.4B -- --
Repurchase of Common Stock -$181M -$361M -$283M -$339M -$443M
Other Financing Activities -- -- -- -- -$1M
Cash From Financing -$339M -$545M -$1.8B -$524M -$677M
 
Beginning Cash (CF) $3.6B $3.5B $3.6B $2B $2B
Foreign Exchange Rate Adjustment -- $4M -$3M -$6M -$1M
Additions / Reductions -$2M -$354M -$1.5B -$60M -$265M
Ending Cash (CF) $3.6B $3.1B $2.1B $2B $1.7B
 
Levered Free Cash Flow $323M $194M $326M $455M $438M

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