Stock Analysis on Net
Stock Analysis on Net

Zoetis Inc. (NYSE:ZTS)

This company has been moved to the archive! The financial data has not been updated since May 5, 2022.

Common-Size Income Statement

Zoetis Inc., common-size consolidated income statement

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12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Revenue 100.00 100.00 100.00 100.00 100.00
Cost of sales -29.62 -30.82 -31.82 -32.81 -33.45
Gross profit 70.38% 69.18% 68.18% 67.19% 66.55%
Selling, general and administrative expenses -25.73 -25.86 -26.17 -25.48 -25.14
Research and development expenses -6.53 -6.94 -7.30 -7.42 -7.20
Amortization of intangible assets -2.07 -2.40 -2.48 -2.01 -1.71
Restructuring charges and certain acquisition-related costs -0.55 -0.37 -0.81 -1.17 -0.36
Operating income 35.49% 33.62% 31.42% 31.12% 32.15%
Interest expense, net of capitalized interest -2.88 -3.46 -3.56 -3.54 -3.30
Royalty-related income 0.13 0.18 0.26 0.48 0.23
Interest income 0.08 0.18 0.59 0.53 0.24
Identifiable intangible asset impairment charges -0.35 -0.39 0.00 0.00 0.00
Net gain (loss) on sale of assets -0.04 0.28 0.32 0.69 -0.21
Impairment of an equity investment 0.00 -0.06 0.00 0.00 0.00
Other asset impairment charges -0.04 -0.06 0.00 0.00 0.00
Certain legal and other matters, net 0.00 0.00 0.00 0.00 0.15
Foreign currency loss -0.35 -0.31 -0.26 -0.53 -0.55
Other, net -0.05 -0.07 0.00 0.26 0.02
Other income (deductions), net -0.62% -0.25% 0.91% 1.42% -0.11%
Income before provision for taxes on income 32.00% 29.90% 28.77% 29.01% 28.74%
Provision for taxes on income -5.84 -5.39 -4.81 -4.57 -12.49
Net income before allocation to noncontrolling interests 26.16% 24.51% 23.96% 24.45% 16.24%
Net loss attributable to noncontrolling interests 0.04 0.03 0.00 0.07 0.04
Net income attributable to Zoetis Inc. 26.20% 24.54% 23.96% 24.52% 16.28%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Zoetis Inc. operating income as a percentage of revenue increased from 2019 to 2020 and from 2020 to 2021.
Income before provision for taxes on income Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Zoetis Inc. income before provision for taxes on income as a percentage of revenue increased from 2019 to 2020 and from 2020 to 2021.
Net income attributable to Zoetis Inc. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Zoetis Inc. net income attributable to Zoetis Inc. as a percentage of revenue increased from 2019 to 2020 and from 2020 to 2021.