Zoetis Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $4.9b $5.3b $5.8b $6.3b $6.7b $7.8b $8.1b $8.5b $9.3b $9.5b
Cost of Revenue $1.7b $1.8b $1.9b $2.0b $2.1b $2.3b $2.5b $2.6b $2.7b $2.7b
Gross Profit (Calculated) $3.2b $3.5b $3.9b $4.3b $4.6b $5.5b $5.6b $6.0b $6.5b $6.8b
Additional Financial Items
Amortization of Intangible Assets $95.0m $100.0m $157.0m $237.0m $230.0m $204.0m $193.0m $185.0m $170.0m $157.0m
Capitalized Computer Software, Amortization $19.0m $21.0m $23.0m $27.0m $46.0m $52.0m $69.0m $75.0m $61.0m $46.0m
Foreign Currency Transaction Gain (Loss), before Tax ($49.0m) ($29.0m) ($31.0m) ($16.0m) ($21.0m) ($27.0m) ($62.0m) ($47.0m) ($50.0m) ($45.0m)
Foreign Currency Transaction Gain (Loss), Realized $0
Gain (Loss) Related to Litigation Settlement ($14.0m) $8.0m $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1.2b $1.5b $1.7b $1.8b $2.0b $2.5b $2.7b $2.9b $3.1b $3.4b
Net Income (Loss) Attributable to Parent $821.0m $864.0m $1.4b $1.5b $1.6b $2.0b $2.1b $2.3b $2.5b $2.7b
Net Income (Loss) Attributable to Noncontrolling Interest ($2.0m) ($2.0m) ($4.0m) $0 ($2.0m) ($3.0m) ($3.0m) ($4.0m) $10.0m $0
Earnings Per Share, Basic $1.66 $1.76 $2.96 $3.14 $3.44 $4.29 $4.51 $5.08 $5.47 $6.03
Earnings Per Share, Diluted $1.65 $1.75 $2.93 $3.11 $3.42 $4.27 $4.49 $5.07 $5.47 $6.02
Weighted Average Number of Shares Outstanding, Basic 495.7m 489.9m 483.1m 478.1m 475.5m 474.3m 468.9m 461.2m 454.2m 443.4m
Weighted Average Number of Shares Outstanding, Diluted 498.2m 493.2m 486.9m 481.8m 478.6m 476.7m 470.4m 462.3m 454.8m 443.8m
Selling, General and Administrative Expense $1.4b $1.3b $1.5b $1.6b $1.7b $2.0b $2.0b $2.2b $2.3b $2.4b
Other Nonoperating Income (Expense) $10.0m $14.0m $15.0m $0 ($5.0m) ($4.0m) $14.0m ($1.0m) ($4.0m) ($6.0m)
Business Combination, Acquisition Related Costs $61.0m $43.0m $18.0m
Interest Expense $166.0m $175.0m $206.0m $223.0m $231.0m $224.0m $221.0m $239.0m $225.0m $222.0m
Operating Lease, Expense $40.0m $46.0m $50.0m $51.0m $56.0m $59.0m $68.0m
Income Tax Expense (Benefit) $409.0m $663.0m $266.0m $301.0m $360.0m $454.0m $545.0m $596.0m $637.0m $687.0m
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement $2.0m ($1.0m) $1.0m $0 $0 ($1.0m) $0
Interest Income (Expense), Nonoperating, Net $31.0m $37.0m $12.0m $6.0m $50.0m $105.0m $106.0m $93.0m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.