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ZTS Zoetis Inc.

NYSE, CIK 0001555280, fiscal year ends 12/31. Last price 81.03 on 2026-10-23, market value 33.5 billion dollars.

Machine-readable: ZTS.json, ZTS.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.

Philosophy	Score	Status	Current inputs as of	History used	Price	Verification	Rules
Graham Defensive	70	ok	2025-12-31 stale: Revenue	2013–2025	2026-10-23	14 verified, 21 unverified	method
Magic Formula	n/a	insufficient data (no operating income in XBRL)	—	—	—	—	method
Momentum	16	ok	2026-10-23	—	2026-10-23	—	method
Insider	0	no open-market transactions in window	2026-10-23	—	—	—	method
Buffett Quality	83 partial, missing 5	partial: 5	2025-12-31 stale: debt_lt_current	2016–2025	2026-10-23	0 verified, 39 unverified	method
Lynch GARP	72	ok	2025-12-31 stale: debt_lt_current	2020–2025	2026-10-23	0 verified, 7 unverified	method
Graham Enterprising	51	ok	2025-12-31 stale: debt_lt_current	2020–2025	2026-10-23	0 verified, 13 unverified	method
Piotroski F-Score	56 partial, missing 8	partial: 8	—	2024–2026	—	0 verified, 23 unverified	method

Market value, source trail

market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used

Input	Value	Unit	Period / date	Source
Traded price	81.03	USD per traded unit (share or ADS)	2026-10-23	Yahoo Finance
SEC shares outstanding	413,223,602	underlying shares	2026-07-31	SEC cover page 10-Q 0001555280-26-000040 (413,223,602 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/zts-20260630.htm 0001555280-26-000040
Depositary ratio	1.0	underlying shares per traded unit		domestic 10-K filer; SEC shares are the traded units
Market value price date × latest reported shares	33,483,508,470	USD	2026-10-23 shares at 2026-07-31	81.03 (price 2026-10-23) / 1 x 413,223,602 (shares at 2026-07-31) = 33,483,508,470

Graham Defensive

70 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Adequate size	9.47 revenue $B	>= 1	5.0 / 5
2a Current ratio	3.08	>= 2.0	15.0 / 15
2b Long-term debt vs working capital	2.11 LTD / WC	<= 1.0	0.0 / 15
3 Positive earnings each of 10 years	10 of 10	10 of 10	15.0 / 15
4 Dividends every year for 20 years	13 of 20 missing 2006, 2007, 2008, 2009, 2010, 2011, 2012 XBRL check: 13 years agree, 7 unverified	20 of 20	9.75 / 15
5 EPS growth, 3-yr avg now vs 10 yrs ago	1.16 -> 5.52 (+374%)	>= +33%	10.0 / 10
6 P/E on 3-year average EPS	14.7	<= 15	15.0 / 15
7 P/B <= 1.5, or P/E x P/B <= 22.5	P/B 10.64, product 156.1	<= 1.5 or <= 22.5	0.0 / 10

Inputs, 37 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	81.03	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Revenue	9467000000.0	2025-12-31 stale	SEC XBRL Revenues 0001555280-26-000011	unverified
current_assets	6356000000.0	2026-06-30	SEC XBRL AssetsCurrent 0001555280-26-000040	unverified
current_liabilities	2061000000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0001555280-26-000040	unverified
lt_debt	9048000000.0	2026-06-30	SEC XBRL LongTermDebtNoncurrent 0001555280-26-000040	unverified
equity	3148000000.0	2026-06-30	SEC XBRL StockholdersEquity 0001555280-26-000040	unverified
Net income FY2016	821000000.0	2016-12-31 history	SEC XBRL NetIncomeLoss 0001555280-19-000041	unverified
Net income FY2017	864000000.0	2017-12-31 history	SEC XBRL NetIncomeLoss 0001555280-20-000054	unverified
Net income FY2018	1428000000.0	2018-12-31 history	SEC XBRL NetIncomeLoss 0001555280-21-000098	unverified
Net income FY2019	1500000000.0	2019-12-31 history	SEC XBRL NetIncomeLoss 0001555280-22-000078	unverified
Net income FY2020	1638000000.0	2020-12-31 history	SEC XBRL NetIncomeLoss 0001555280-23-000074	unverified
Net income FY2021	2037000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-24-000143	unverified
Net income FY2022	2114000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-25-000102	unverified
Net income FY2023	2344000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
Net income FY2024	2486000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
Net income FY2025	2673000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
Dividend years (Yahoo)	[2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026]	history	Yahoo Finance dividend history	verified (partly: XBRL covers 13 of 20 years)
Dividends per share FY2013 (XBRL)	0.267	2013-12-31 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001555280-16-000344	verified
Dividends per share FY2014 (XBRL)	0.299	2014-12-31 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001555280-17-000044	verified
Dividends per share FY2015 (XBRL)	0.344	2015-12-31 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001555280-18-000053	verified
Dividends per share FY2016 (XBRL)	0.39	2016-12-31 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001555280-19-000041	verified
Dividends per share FY2017 (XBRL)	0.441	2017-12-31 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001555280-20-000054	verified
Dividends per share FY2018 (XBRL)	0.542	2018-12-31 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001555280-21-000098	verified
Dividends per share FY2019 (XBRL)	0.692	2019-12-31 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001555280-22-000078	verified
Dividends per share FY2020 (XBRL)	0.85	2020-12-31 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001555280-23-000074	verified
Dividends per share FY2021 (XBRL)	1.075	2021-12-31 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001555280-24-000143	verified
Dividends per share FY2022 (XBRL)	1.35	2022-12-31 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001555280-25-000102	verified
Dividends per share FY2023 (XBRL)	1.557	2023-12-31 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001555280-26-000011	verified
Dividends per share FY2024 (XBRL)	1.796	2024-12-31 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001555280-26-000011	verified
Dividends per share FY2025 (XBRL)	2.03	2025-12-31 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001555280-26-000011	verified
EPS diluted FY2014	1.16	2014-12-31 history	SEC XBRL EarningsPerShareDiluted 0001555280-17-000044	unverified
EPS diluted FY2015	0.68	2015-12-31 history	SEC XBRL EarningsPerShareDiluted 0001555280-18-000053	unverified
EPS diluted FY2016	1.65	2016-12-31 history	SEC XBRL EarningsPerShareDiluted 0001555280-19-000041	unverified
EPS diluted FY2023	5.07	2023-12-31 history	SEC XBRL EarningsPerShareDiluted 0001555280-26-000011	unverified
EPS diluted FY2024	5.47	2024-12-31 history	SEC XBRL EarningsPerShareDiluted 0001555280-26-000011	unverified
EPS diluted FY2025	6.02	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0001555280-26-000011	unverified
Shares outstanding	413223602.0	2026-07-31	SEC cover page 10-Q 0001555280-26-000040 (413,223,602 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/zts-20260630.htm 0001555280-26-000040	not cross-checked

Magic Formula

insufficient data (no operating income in XBRL). How this is scored.

insufficient data (no operating income in XBRL).

Momentum

16 of 100. ok. How this is scored.

Test or factor	Value	Points
12-1 month return	-50.1 % (percentile 1.6)	0.8 / 50
6 month return	-29.7 % (percentile 3.2)	0.6 / 20
Price / 52-week high	0.56	8.4 / 15
Volatility penalty (60d annualised)	31.6 %	5.7 / 15

Inputs, 1 numbers with their sources

Input	Value	Period	Source	Check
Adjusted close series (14 months)	81.03	2026-10-23	Yahoo Finance / Alpaca Market Data daily history	not cross-checked

Insider

0 of 100. no open-market transactions in window. How this is scored. Form 4 data loaded through 2026-10-23

Test or factor	Value	Points
Open-market buy value / market cap (percentile among buyers)	0.0 bp	0.0 / 35
Distinct buyers	0	0.0 / 25
Buyer seniority	0.0	0.0 / 20
Recency (half-life 30d)	0.0	0.0 / 10
Sales penalty (excludes 10b5-1 plan sales)	0.0 bp	-0.0 / 0

Inputs, 0 numbers with their sources

Input	Value	Period	Source	Check

Buffett Quality

83 of 100. partial: 5. How this is scored.

Test or factor	Value	Threshold	Points
1 Average return on equity (net income / year-end equity)	54.3% over 8 yrs	>= 15%	25.0 / 25
2 Profitable every year	10 of 10	all years	15.0 / 15
3 Net income growth, 3-yr average now vs start of window	+13.4% a year	>= +10%	10.0 / 10
4 Borrowings / 3-yr average earnings (years to repay) LongTermDebtNoncurrent + LongTermDebtCurrent + short-term borrowings	3.6 years	<= 4	15.0 / 15
5 Operating margin, 5-yr average needs at least 4 of the last 5 years	0 years with operating income and revenue	>= 20%	None / 10
6 Free cash flow / net income, 5-yr (operating cash flow minus capex)	0.79	>= 1.0	5.9 / 10
7 Owner-earnings yield (3-yr avg free cash flow / market cap)	6.2%	>= 7%	11.9 / 15

Inputs, 41 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	81.03	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Net income FY2018	1428000000.0	2018-12-31 history	SEC XBRL NetIncomeLoss 0001555280-21-000098	unverified
Equity at FY2018 end	2185000000.0	2018-12-31 history	SEC XBRL StockholdersEquity 0001555280-19-000041	unverified
Net income FY2019	1500000000.0	2019-12-31 history	SEC XBRL NetIncomeLoss 0001555280-22-000078	unverified
Equity at FY2019 end	2708000000.0	2019-12-31 history	SEC XBRL StockholdersEquity 0001555280-21-000098	unverified
Net income FY2020	1638000000.0	2020-12-31 history	SEC XBRL NetIncomeLoss 0001555280-23-000074	unverified
Equity at FY2020 end	3769000000.0	2020-12-31 history	SEC XBRL StockholdersEquity 0001555280-22-000078	unverified
Net income FY2021	2037000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-24-000143	unverified
Equity at FY2021 end	4543000000.0	2021-12-31 history	SEC XBRL StockholdersEquity 0001555280-23-000074	unverified
Net income FY2022	2114000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-25-000102	unverified
Equity at FY2022 end	4405000000.0	2022-12-31 history	SEC XBRL StockholdersEquity 0001555280-24-000143	unverified
Net income FY2023	2344000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
Equity at FY2023 end	4997000000.0	2023-12-31 history	SEC XBRL StockholdersEquity 0001555280-25-000102	unverified
Net income FY2024	2486000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
Equity at FY2024 end	4770000000.0	2024-12-31 history	SEC XBRL StockholdersEquity 0001555280-26-000011	unverified
Net income FY2025	2673000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
Equity at FY2025 end	3415000000.0	2025-12-31 history	SEC XBRL StockholdersEquity 0001555280-26-000040	unverified
Net income FY2016	821000000.0	2016-12-31 history	SEC XBRL NetIncomeLoss 0001555280-19-000041	unverified
Net income FY2017	864000000.0	2017-12-31 history	SEC XBRL NetIncomeLoss 0001555280-20-000054	unverified
Net income FY2018	1428000000.0	2018-12-31 history	SEC XBRL NetIncomeLoss 0001555280-21-000098	unverified
Net income FY2019	1500000000.0	2019-12-31 history	SEC XBRL NetIncomeLoss 0001555280-22-000078	unverified
Net income FY2020	1638000000.0	2020-12-31 history	SEC XBRL NetIncomeLoss 0001555280-23-000074	unverified
Net income FY2021	2037000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-24-000143	unverified
Net income FY2022	2114000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-25-000102	unverified
Net income FY2023	2344000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
Net income FY2024	2486000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
Net income FY2025	2673000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
lt_debt	9048000000.0	2026-06-30	SEC XBRL LongTermDebtNoncurrent 0001555280-26-000040	unverified
debt_lt_current	0.0	2025-12-31 stale	SEC XBRL LongTermDebtCurrent 0001555280-26-000011	unverified
debt_short	0.0	2026-06-30	SEC XBRL CommercialPaper 0001555280-26-000040	unverified
Operating cash flow FY2021	2213000000.0	2021-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001555280-24-000143	unverified
Capital expenditure FY2021	477000000.0	2021-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001555280-24-000143	unverified
Operating cash flow FY2022	1912000000.0	2022-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001555280-25-000102	unverified
Capital expenditure FY2022	586000000.0	2022-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001555280-25-000102	unverified
Operating cash flow FY2023	2353000000.0	2023-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001555280-26-000011	unverified
Capital expenditure FY2023	732000000.0	2023-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001555280-26-000011	unverified
Operating cash flow FY2024	2953000000.0	2024-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001555280-26-000011	unverified
Capital expenditure FY2024	655000000.0	2024-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001555280-26-000011	unverified
Operating cash flow FY2025	2904000000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001555280-26-000011	unverified
Capital expenditure FY2025	621000000.0	2025-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001555280-26-000011	unverified
Shares outstanding	413223602.0	2026-07-31	SEC cover page 10-Q 0001555280-26-000040 (413,223,602 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/zts-20260630.htm 0001555280-26-000040	not cross-checked

Lynch GARP

72 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 PEG: P/E divided by 5-yr EPS growth (in % points)	1.12	<= 1.0	26.3 / 30
2 EPS growth, 5-yr compound rate	+12.0% a year	12% to 35% a year	20.0 / 20
3 P/E on latest annual EPS	13.5	<= 25	10.0 / 10
4 Borrowings / equity LongTermDebtNoncurrent + LongTermDebtCurrent + short-term borrowings	2.87	<= 0.5	0.0 / 15
5 Years of the last 5 in which EPS rose	5 of 5	5 of 5	15.0 / 15
6 Net cash (cash minus borrowings) / market cap	-22.6%	>= +10%	0.7 / 10

Inputs, 8 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	81.03	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
EPS diluted FY2025	6.02	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0001555280-26-000011	unverified
EPS diluted FY2020	3.42	2020-12-31 history	SEC XBRL EarningsPerShareDiluted 0001555280-23-000074	unverified
lt_debt	9048000000.0	2026-06-30	SEC XBRL LongTermDebtNoncurrent 0001555280-26-000040	unverified
debt_lt_current	0.0	2025-12-31 stale	SEC XBRL LongTermDebtCurrent 0001555280-26-000011	unverified
debt_short	0.0	2026-06-30	SEC XBRL CommercialPaper 0001555280-26-000040	unverified
equity	3148000000.0	2026-06-30	SEC XBRL StockholdersEquity 0001555280-26-000040	unverified
cash	1476000000.0	2026-06-30	SEC XBRL CashAndCashEquivalentsAtCarryingValue 0001555280-26-000040	unverified

Graham Enterprising

51 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Current ratio	3.08	>= 1.5	15.0 / 15
2 Borrowings vs working capital LongTermDebtNoncurrent + LongTermDebtCurrent + short-term borrowings	2.11 x	<= 1.1x	1.3 / 15
3 No earnings deficit in the last 5 years	5 of 5 profitable	5 of 5	15.0 / 15
4 Pays a current dividend	yes	yes	10.0 / 10
5 EPS higher than five years earlier	3.42 -> 6.02	higher	10.0 / 10
6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets)	10.64	<= 1.2	0.0 / 20
7 Price / net current asset value per share (current assets minus all liabilities) net current asset value not positive	—	<= 0.67	0.0 / 15

Inputs, 16 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	81.03	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
current_assets	6356000000.0	2026-06-30	SEC XBRL AssetsCurrent 0001555280-26-000040	unverified
current_liabilities	2061000000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0001555280-26-000040	unverified
lt_debt	9048000000.0	2026-06-30	SEC XBRL LongTermDebtNoncurrent 0001555280-26-000040	unverified
debt_lt_current	0.0	2025-12-31 stale	SEC XBRL LongTermDebtCurrent 0001555280-26-000011	unverified
debt_short	0.0	2026-06-30	SEC XBRL CommercialPaper 0001555280-26-000040	unverified
Net income FY2021	2037000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-24-000143	unverified
Net income FY2022	2114000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-25-000102	unverified
Net income FY2023	2344000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
Net income FY2024	2486000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
Net income FY2025	2673000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
Dividend years (Yahoo)	[2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026]	history	Yahoo Finance dividend history	not cross-checked
EPS diluted FY2025	6.02	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0001555280-26-000011	unverified
EPS diluted FY2020	3.42	2020-12-31 history	SEC XBRL EarningsPerShareDiluted 0001555280-23-000074	unverified
equity	3148000000.0	2026-06-30	SEC XBRL StockholdersEquity 0001555280-26-000040	unverified
Shares outstanding	413223602.0	2026-07-31	SEC cover page 10-Q 0001555280-26-000040 (413,223,602 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/zts-20260630.htm 0001555280-26-000040	not cross-checked

Piotroski F-Score

56 of 100. partial: 8. How this is scored.

Test or factor	Value	Threshold	Points
1 Return on assets is positive	17.3%	pass = 1	11.11111111111111 / 11.11111111111111
2 Operating cash flow is positive	2,904M	pass = 1	11.11111111111111 / 11.11111111111111
3 Return on assets improved on the prior year	17.5% -> 17.3%	pass = 1	0.0 / 11.11111111111111
4 Operating cash flow exceeds net income (accruals)	2,904M vs 2,673M	pass = 1	11.11111111111111 / 11.11111111111111
5 Long-term debt / assets fell	36.7% -> 58.4%	pass = 1	0.0 / 11.11111111111111
6 Current ratio improved	1.75 -> 3.12	pass = 1	11.11111111111111 / 11.11111111111111
7 No new shares issued (share count did not rise)	443M -> 413M	pass = 1	11.11111111111111 / 11.11111111111111
8 Operating margin improved (stand-in for gross margin, which the dataset does not carry) an input is not reported for one of the two years	—	pass = 1	None / 11.11111111111111
9 Asset turnover (revenue / assets) improved	0.65 -> 0.61	pass = 1	0.0 / 11.11111111111111

Inputs, 23 numbers with their sources

Input	Value	Period	Source	Check
net_income 2025-12-31	2673000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
total_assets 2025-12-31	15490000000.0	2025-12-31 history	SEC XBRL Assets 0001555280-26-000040	unverified
cfo 2025-12-31	2904000000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001555280-26-000011	unverified
net_income 2025-12-31	2673000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
net_income 2024-12-31	2486000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
total_assets 2025-12-31	15490000000.0	2025-12-31 history	SEC XBRL Assets 0001555280-26-000040	unverified
total_assets 2024-12-31	14237000000.0	2024-12-31 history	SEC XBRL Assets 0001555280-26-000011	unverified
cfo 2025-12-31	2904000000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001555280-26-000011	unverified
net_income 2025-12-31	2673000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) 0001555280-26-000011	unverified
lt_debt 2025-12-31	9042000000.0	2025-12-31 history	SEC XBRL LongTermDebtNoncurrent 0001555280-26-000040	unverified
lt_debt 2024-12-31	5220000000.0	2024-12-31 history	SEC XBRL LongTermDebtNoncurrent 0001555280-26-000011	unverified
total_assets 2025-12-31	15490000000.0	2025-12-31 history	SEC XBRL Assets 0001555280-26-000040	unverified
total_assets 2024-12-31	14237000000.0	2024-12-31 history	SEC XBRL Assets 0001555280-26-000011	unverified
current_assets 2025-12-31	6773000000.0	2025-12-31 history	SEC XBRL AssetsCurrent 0001555280-26-000040	unverified
current_assets 2024-12-31	5986000000.0	2024-12-31 history	SEC XBRL AssetsCurrent 0001555280-26-000011	unverified
current_liabilities 2025-12-31	2173000000.0	2025-12-31 history	SEC XBRL LiabilitiesCurrent 0001555280-26-000040	unverified
current_liabilities 2024-12-31	3412000000.0	2024-12-31 history	SEC XBRL LiabilitiesCurrent 0001555280-26-000011	unverified
shares_out 2026-07-31	413223602.0	2026-07-31 history	SEC XBRL EntityCommonStockSharesOutstanding 0001555280-26-000040	unverified
shares_out 2025-08-01	443183472.0	2025-08-01 history	SEC XBRL EntityCommonStockSharesOutstanding 0001555280-25-000261	unverified
revenue 2025-12-31	9467000000.0	2025-12-31 history	SEC XBRL Revenues 0001555280-26-000011	unverified
revenue 2024-12-31	9256000000.0	2024-12-31 history	SEC XBRL Revenues 0001555280-26-000011	unverified
total_assets 2025-12-31	15490000000.0	2025-12-31 history	SEC XBRL Assets 0001555280-26-000040	unverified
total_assets 2024-12-31	14237000000.0	2024-12-31 history	SEC XBRL Assets 0001555280-26-000011	unverified

Earnings record

SEC XBRL, by fiscal year (named by the calendar year it ends in); EPS split-adjusted to today's shares; each row links to the filing.

FY	Ended	Revenue, $M	Net income, $M	EPS diluted	Dividend	Filing
2013	2013-12-31	4,561	504	1.01	paid	0001555280-16-000344
2014	2014-12-31	4,785	583	1.16	paid	0001555280-17-000044
2015	2015-12-31	4,765	339	0.68	paid	0001555280-18-000053
2016	2016-12-31	4,888	821	1.65	paid	0001555280-19-000041
2017	2017-12-31	5,307	864	1.75	paid	0001555280-20-000054
2018	2018-12-31	5,825	1,428	2.93	paid	0001555280-21-000098
2019	2019-12-31	6,260	1,500	3.11	paid	0001555280-22-000078
2020	2020-12-31	6,675	1,638	3.42	paid	0001555280-23-000074
2021	2021-12-31	7,776	2,037	4.27	paid	0001555280-24-000143
2022	2022-12-31	8,080	2,114	4.49	paid	0001555280-25-000102
2023	2023-12-31	8,544	2,344	5.07	paid	0001555280-26-000011
2024	2024-12-31	9,256	2,486	5.47	paid	0001555280-26-000011
2025	2025-12-31	9,467	2,673	6.02	paid	0001555280-26-000011

Insider transactions

SEC Form 4 open-market purchases and sales from the insider data sets; latest 20.

Date	Insider	Role	Type	Shares	Price	Value
2026-05-13	Bisaro Paul	director	buy	2,000	75.88	151,760
2026-05-13	Damelio Frank A	director	buy	6,650	75.39	501,344
2026-05-11	Mccallister Michael B	director	buy	3,000	77.76	233,280

Filings and links

Third-party sites are linked only; nothing from them is stored here.

SEC: filing index, 8-K, Form 4, XBRL companyfacts
Prices: Yahoo Finance, Stooq
Elsewhere: morningstar, finviz, stockanalysis, seeking alpha, openinsider, google news

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/ZTS; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23. Data last checked 2026-10-26.