Zoetis
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Zoetis's past years’ income statements indicate that its last revenue has increased compared to the previous period by 6% to $8,544,000,000. The net income raised on $2,344,000,000 and profit margin reached 27%. Total operating expenses were $2,765,000,000.
Profit Margin
| 2014 | 4.78B | 583M | 12.18% |
|---|---|---|---|
| 2015 | 4.76B | 339M | 7.11% |
| 2016 | 4.88B | 821M | 16.8% |
| 2017 | 5.30B | 864M | 16.28% |
| 2018 | 5.82B | 1.42B | 24.52% |
| 2019 | 6.26B | 1.5B | 23.96% |
| 2020 | 6.67B | 1.63B | 24.54% |
| 2021 | 7.77B | 2.03B | 26.2% |
| 2022 | 8.08B | 2.11B | 26.16% |
| 2023 | 8.54B | 2.34B | 27.43% |
ZTS Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 8.54B | 8.08B | 7.77B | 6.67B | 6.26B | 5.82B | 5.30B | 4.88B | 4.76B | 4.78B |
Cost of revenue | 2.71B | 2.45B | 2.30B | 2.05B | 1.99B | 1.91B | 1.77B | 1.66B | 1.73B | 1.71B |
Gross profit | 5.83B | 5.62B | 5.47B | 4.61B | 4.26B | 3.91B | 3.53B | 3.22B | 3.02B | 3.06B |
Operating exp. | ||||||||||
Research and development | 614M | 539M | 508M | 463M | 457M | 432M | 382M | 376M | 364M | 396M |
Selling and marketing | 281M | 287M | 292M | 233M | 167M | 0 | 154M | 0 | 106M | 132M |
Total operating expenses | 2.76B | 2.69B | 2.67B | 2.34B | 2.25B | 2.03B | 1.80B | 1.82B | 1.95B | 2.09B |
Operating income | 3.06B | 2.88B | 2.75B | 2.28B | 2.07B | 1.88B | 1.72B | 1.39B | 1.07B | 969M |
Other income (expenses), net | -133M | -232M | -267M | -465M | -274M | 15M | -200M | -3M | -525M | -149M |
Income before tax | 2.93B | 2.65B | 2.48B | 1.99B | 1.80B | 1.69B | 1.52B | 1.22B | 545M | 820M |
Income tax expense | 596M | 545M | 454M | 360M | 301M | 266M | 663M | 409M | 206M | 233M |
Net income | 2.34B | 2.11B | 2.03B | 1.63B | 1.5B | 1.42B | 864M | 821M | 339M | 583M |
Earnings per share | ||||||||||
Basic EPS | 5.08 | 4.51 | 4.29 | 3.44 | 3.14 | 2.96 | 1.76 | 1.66 | 0.68 | 1.16 |
Diluted EPS | 5.07 | 4.49 | 4.27 | 3.42 | 3.11 | 2.93 | 1.75 | 1.65 | 0.68 | 1.16 |
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