Zoetis Inc.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.36B | $2.19B | $2.21B | $2.15B | $2.18B | $2.00B | $2.04B | $2.00B |
| Cost of Revenue | $668.0M | $643.0M | $728.0M | $638.0M | $607.0M | $588.0M | $653.0M | $607.0M |
| Gross Profit | $1.69B | $1.55B | $1.49B | $1.51B | $1.57B | $1.41B | $1.39B | $1.40B |
| Gross Margin | 71.7% | 70.6% | 67.1% | 70.3% | 72.2% | 70.6% | 68.0% | 69.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $581.0M | $547.0M | $565.0M | $525.0M | $556.0M | $505.0M | $514.0M | $501.0M |
| Operating Income | $839.0M | $805.0M | $709.0M | $776.0M | $930.0M | $760.0M | $654.0M | $720.0M |
| Operating Margin | 35.5% | 36.8% | 32.0% | 36.1% | 42.7% | 38.0% | 32.1% | 36.0% |
| Interest Expense | $59.0M | $58.0M | $59.0M | $59.0M | $58.0M | $63.0M | $62.0M | $53.0M |
| Pretax Income | $780.0M | $747.0M | $650.0M | $717.0M | $872.0M | $697.0M | $592.0M | $667.0M |
| Income Tax Expense | $156.0M | $148.0M | $127.0M | $121.0M | $202.0M | $146.0M | $132.0M | $139.0M |
| Net Income | $624.0M | $599.0M | $525.0M | $596.0M | $671.0M | $552.0M | $461.0M | $529.0M |
| Net Margin | 26.4% | 27.4% | 23.7% | 27.7% | 30.8% | 27.6% | 22.6% | 26.4% |
| EPS (Basic) | $1.37 | $1.31 | $1.15 | $1.29 | $1.45 | $1.19 | $0.99 | $1.13 |
| EPS (Diluted) | $1.37 | $1.31 | $1.14 | $1.29 | $1.45 | $1.19 | $0.98 | $1.13 |
| Shares Outstanding (Basic) | 455.5M | 458.0M | 461.2M | 460.3M | 461.9M | 463.5M | 468.9M | 467.8M |
| Shares Outstanding (Diluted) | 456.0M | 458.8M | 462.3M | 461.4M | 462.9M | 464.6M | 470.4M | 469.1M |
| Dividends Per Share | $0.43 | $0.43 | $0.81 | $0.00 | $0.38 | $0.38 | $0.70 | $0.00 |