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ZTS Quote, Financials, Valuation and Earnings

Last price:
$163.09
Seasonality move :
9.28%
Day range:
$162.82 - $165.40
52-week range:
$144.80 - $200.33
Dividend yield:
1.1%
P/E ratio:
29.77x
P/S ratio:
8.00x
P/B ratio:
15.29x
Volume:
2.1M
Avg. volume:
3.4M
1-year change:
-2.07%
Market cap:
$72.9B
Revenue:
$9.3B
EPS (TTM):
$5.47
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 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $1.8B $2B $2B $2.2B $2.3B
Revenue Growth (YoY) 7.95% 8.86% 3.71% 8.48% 4.7%
 
Cost of Revenues $601M $600M $653M $728M $707M
Gross Profit $1.2B $1.4B $1.4B $1.5B $1.6B
Gross Profit Margin 66.74% 69.5% 67.99% 67.1% 69.49%
 
R&D Expenses $133M $138M $148M $174M $186M
Selling, General & Admin $520M $593M $514M $565M $625M
Other Inc / (Exp) -$38M -$38M -$66M -$26M -$9M
Operating Expenses $693M $771M $697M $776M $845M
Operating Income $513M $596M $690M $709M $765M
 
Net Interest Expenses $55M $52M $32M $33M $24M
EBT. Incl. Unusual Items $420M $506M $592M $650M $732M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $62M $93M $132M $127M $151M
Net Income to Company $358M $413M $460M $523M $581M
 
Minority Interest in Earnings $1M $1M $1M $2M --
Net Income to Common Excl Extra Items $359M $414M $461M $525M $581M
 
Basic EPS (Cont. Ops) $0.75 $0.88 $0.99 $1.14 $1.29
Diluted EPS (Cont. Ops) $0.75 $0.87 $0.99 $1.14 $1.29
Weighted Average Basic Share $475.5M $473M $465.6M $459M $450.6M
Weighted Average Diluted Share $478.8M $475.6M $466.7M $460.1M $451.1M
 
EBITDA $587M $677M $773M $835M $906M
EBIT $478M $560M $654M $709M $783M
 
Revenue (Reported) $1.8B $2B $2B $2.2B $2.3B
Operating Income (Reported) $513M $596M $690M $709M $765M
Operating Income (Adjusted) $478M $560M $654M $709M $783M
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) -- -- -- -- --
 
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 -- -- -- -- --
 
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 $4.30 $4.51 $5.07 $5.48
Diluted EPS (Cont. Ops) $3.42 $4.27 $4.50 $5.07 $5.47
Weighted Average Basic Share
Weighted Average Diluted Share
 
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 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Revenue $7.8B $8.1B $8.5B $9.3B --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $2.3B $2.5B $2.6B $2.7B --
Gross Profit $5.5B $5.6B $6B $6.5B --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $508M $539M $614M $686M --
Selling, General & Admin $2B $2B $2.2B $2.3B --
Other Inc / (Exp) -$97M -$101M $1M -$140M --
Operating Expenses $2.7B $2.7B $2.9B $3.1B --
Operating Income $2.8B $2.9B $3.1B $3.4B --
 
Net Interest Expenses $218M $171M $134M $119M --
EBT. Incl. Unusual Items $2.5B $2.7B $2.9B $3.1B --
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $454M $545M $596M $637M --
Net Income to Company $2B $2.1B $2.3B $2.5B --
 
Minority Interest in Earnings $3M $3M $4M -$10M --
Net Income to Common Excl Extra Items $2B $2.1B $2.3B $2.5B --
 
Basic EPS (Cont. Ops) $4.30 $4.51 $5.07 $5.48 --
Diluted EPS (Cont. Ops) $4.27 $4.50 $5.07 $5.47 --
Weighted Average Basic Share $1.9B $1.9B $1.8B $1.8B --
Weighted Average Diluted Share $1.9B $1.9B $1.8B $1.8B --
 
EBITDA $3.2B $3.3B $3.7B $3.9B --
EBIT $2.7B $2.9B $3.2B $3.4B --
 
Revenue (Reported) $7.8B $8.1B $8.5B $9.3B --
Operating Income (Reported) $2.8B $2.9B $3.1B $3.4B --
Operating Income (Adjusted) $2.7B $2.9B $3.2B $3.4B --
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 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 -- -- -- -- --
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 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 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $358M $413M $460M $523M $581M
Depreciation & Amoritzation $109M $117M $119M $126M $123M
Stock-Based Compensation $13M $14M $16M $17M $19M
Change in Accounts Receivable $5M -$12M -$17M -$48M $73M
Change in Inventories -$52M -$67M -$48M $136M $73M
Cash From Operations $718M $679M $741M $897M $905M
 
Capital Expenditures $152M $168M $171M $198M $216M
Cash Acquisitions -$5M -- -$216M -- $293M
Cash From Investing -$177M -$142M -$438M -$210M $126M
 
Dividends Paid (Ex Special Dividend) -$95M -$117M -$151M -$172M -$194M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -$1M -- $1.3B -- --
Long-Term Debt Repaid -$500M -- -- -- $3M
Repurchase of Common Stock -- -$198M -$405M -$235M -$553M
Other Financing Activities -$2M -$1M -- -- $10M
Cash From Financing -$597M -$314M $780M -$397M -$745M
 
Beginning Cash (CF) $3.7B $3.3B $2.5B $1.8B $1.7B
Foreign Exchange Rate Adjustment $6M -$12M -$9M -$3M -$13M
Additions / Reductions -$56M $223M $1.1B $290M $286M
Ending Cash (CF) $3.6B $3.5B $3.6B $2B $2B
 
Levered Free Cash Flow $566M $511M $570M $699M $689M
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 -- -- -- -- --
Long-Term Debt Repaid -- -- -- -$1.4B --
Repurchase of Common Stock -$250M -$743M -$1.6B -$1.1B -$1.9B
Other Financing Activities -- -- -- -- --
Cash From Financing $123M -$1.9B -$904M -$3.1B -$2.7B
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $1.7B -$107M $125M -$1.5B -$22M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $1.7B $1.7B $1.3B $1.6B $2.3B
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Net Income to Stockholders $2B $2.1B $2.3B $2.5B --
Depreciation & Amoritzation $448M $465M $491M $497M --
Stock-Based Compensation $58M $62M $60M $74M --
Change in Accounts Receivable -$155M -$137M -$102M -$61M --
Change in Inventories -$366M -$486M -$361M -$40M --
Cash From Operations $2.2B $1.9B $2.4B $3B --
 
Capital Expenditures $477M $586M $732M $655M --
Cash Acquisitions -$14M -$312M -$59M $285M --
Cash From Investing -$458M -$883M -$777M -$315M --
 
Dividends Paid (Ex Special Dividend) -$474M -$611M -$692M -$786M --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $1.3B -- -- --
Long-Term Debt Repaid -$600M -- -$1.4B -- --
Repurchase of Common Stock -$743M -$1.6B -$1.1B -$1.9B --
Other Financing Activities -$6M -- -$3M -$5M --
Cash From Financing -$1.9B -$904M -$3.1B -$2.7B --
 
Beginning Cash (CF) $14.1B $11.8B $9.2B $7.3B --
Foreign Exchange Rate Adjustment -$12M -$29M -$7M -$32M --
Additions / Reductions -$107M $125M -$1.5B -$22M --
Ending Cash (CF) $14B $11.9B $7.6B $7.3B --
 
Levered Free Cash Flow $1.7B $1.3B $1.6B $2.3B --

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