# ZTS · Zoetis Inc. Snapshot 2026-10-26 · CIK 0001555280 · NYSE · Pharmaceutical Preparations Price 81.03 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 33.48 B Machine-readable: https://theclaudetrader.com/s/ZTS.json · index: https://theclaudetrader.com/llms.txt ## Scores ### Graham Defensive: 69.8 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: Revenue · history 2013–2025 · price 2026-10-23 · verification {'verified': 14, 'mismatch': 0, 'unverified': 21, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham - 1 Adequate size: 9.47 revenue $B · threshold >= 1 · points 5.0/5 - 2a Current ratio: 3.08 · threshold >= 2.0 · points 15.0/15 - 2b Long-term debt vs working capital: 2.11 LTD / WC · threshold <= 1.0 · points 0.0/15 - 3 Positive earnings each of 10 years: 10 of 10 · threshold 10 of 10 · points 15.0/15 - 4 Dividends every year for 20 years: 13 of 20 · threshold 20 of 20 · points 9.75/15 - 5 EPS growth, 3-yr avg now vs 10 yrs ago: 1.16 -> 5.52 (+374%) · threshold >= +33% · points 10.0/10 - 6 P/E on 3-year average EPS: 14.7 · threshold <= 15 · points 15.0/15 - 7 P/B <= 1.5, or P/E x P/B <= 22.5: P/B 10.64, product 156.1 · threshold <= 1.5 or <= 22.5 · points 0.0/10 Inputs: - Price (close, per traded unit): 81.03 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - Revenue: 9467000000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - current_assets: 6356000000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - current_liabilities: 2061000000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - lt_debt: 9048000000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - equity: 3148000000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - Net income FY2016: 821000000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1555280/000155528019000041/ · unverified - Net income FY2017: 864000000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1555280/000155528020000054/ · unverified - Net income FY2018: 1428000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1555280/000155528021000098/ · unverified - Net income FY2019: 1500000000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1555280/000155528022000078/ · unverified - Net income FY2020: 1638000000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1555280/000155528023000074/ · unverified - Net income FY2021: 2037000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528024000143/ · unverified - Net income FY2022: 2114000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528025000102/ · unverified - Net income FY2023: 2344000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Net income FY2024: 2486000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Net income FY2025: 2673000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Dividend years (Yahoo): [2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] · · Yahoo Finance dividend history · https://finance.yahoo.com/quote/ZTS/history?filter=div · verified (partly: XBRL covers 13 of 20 years) - Dividends per share FY2013 (XBRL): 0.267 · 2013-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1555280/000155528016000344/ · verified - Dividends per share FY2014 (XBRL): 0.299 · 2014-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1555280/000155528017000044/ · verified - Dividends per share FY2015 (XBRL): 0.344 · 2015-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1555280/000155528018000053/ · verified - Dividends per share FY2016 (XBRL): 0.39 · 2016-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1555280/000155528019000041/ · verified - Dividends per share FY2017 (XBRL): 0.441 · 2017-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1555280/000155528020000054/ · verified - Dividends per share FY2018 (XBRL): 0.542 · 2018-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1555280/000155528021000098/ · verified - Dividends per share FY2019 (XBRL): 0.692 · 2019-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1555280/000155528022000078/ · verified - Dividends per share FY2020 (XBRL): 0.85 · 2020-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1555280/000155528023000074/ · verified - Dividends per share FY2021 (XBRL): 1.075 · 2021-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1555280/000155528024000143/ · verified - Dividends per share FY2022 (XBRL): 1.35 · 2022-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1555280/000155528025000102/ · verified - Dividends per share FY2023 (XBRL): 1.557 · 2023-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · verified - Dividends per share FY2024 (XBRL): 1.796 · 2024-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · verified - Dividends per share FY2025 (XBRL): 2.03 · 2025-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · verified - EPS diluted FY2014: 1.16 · 2014-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1555280/000155528017000044/ · unverified - EPS diluted FY2015: 0.68 · 2015-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1555280/000155528018000053/ · unverified - EPS diluted FY2016: 1.65 · 2016-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1555280/000155528019000041/ · unverified - EPS diluted FY2023: 5.07 · 2023-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - EPS diluted FY2024: 5.47 · 2024-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - EPS diluted FY2025: 6.02 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · 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 · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/R1.htm ### Magic Formula: — (insufficient data (no operating income in XBRL)) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula ### Momentum: 15.5 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum - 12-1 month return: -50.1 % · threshold · points 0.8/50 - 6 month return: -29.7 % · threshold · points 0.6/20 - Price / 52-week high: 0.56 · threshold · points 8.4/15 - Volatility penalty (60d annualised): 31.6 % · threshold · points 5.7/15 Inputs: - Adjusted close series (14 months): 81.03 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · ### Insider: 0.0 (no open-market transactions in window) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider - Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold · points 0.0/35 - Distinct buyers: 0 · threshold · points 0.0/25 - Buyer seniority: 0.0 · threshold · points 0.0/20 - Recency (half-life 30d): 0.0 · threshold · points 0.0/10 - Sales penalty (excludes 10b5-1 plan sales): 0.0 bp · threshold · points -0.0/0 ### Buffett Quality: 82.8 (partial: 5) · complete: False · missing tests: 5 · current inputs as of 2025-12-31 · stale inputs: debt_lt_current · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 39, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett - 1 Average return on equity (net income / year-end equity): 54.3% over 8 yrs · threshold >= 15% · points 25.0/25 - 2 Profitable every year: 10 of 10 · threshold all years · points 15.0/15 - 3 Net income growth, 3-yr average now vs start of window: +13.4% a year · threshold >= +10% · points 10.0/10 - 4 Borrowings / 3-yr average earnings (years to repay): 3.6 years · threshold <= 4 · points 15.0/15 - 5 Operating margin, 5-yr average: 0 years with operating income and revenue · threshold >= 20% · points None/10 - 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): 0.79 · threshold >= 1.0 · points 5.9/10 - 7 Owner-earnings yield (3-yr avg free cash flow / market cap): 6.2% · threshold >= 7% · points 11.9/15 Inputs: - Price (close, per traded unit): 81.03 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - Net income FY2018: 1428000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1555280/000155528021000098/ · unverified - Equity at FY2018 end: 2185000000.0 · 2018-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1555280/000155528019000041/ · unverified - Net income FY2019: 1500000000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1555280/000155528022000078/ · unverified - Equity at FY2019 end: 2708000000.0 · 2019-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1555280/000155528021000098/ · unverified - Net income FY2020: 1638000000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1555280/000155528023000074/ · unverified - Equity at FY2020 end: 3769000000.0 · 2020-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1555280/000155528022000078/ · unverified - Net income FY2021: 2037000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528024000143/ · unverified - Equity at FY2021 end: 4543000000.0 · 2021-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1555280/000155528023000074/ · unverified - Net income FY2022: 2114000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528025000102/ · unverified - Equity at FY2022 end: 4405000000.0 · 2022-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1555280/000155528024000143/ · unverified - Net income FY2023: 2344000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Equity at FY2023 end: 4997000000.0 · 2023-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1555280/000155528025000102/ · unverified - Net income FY2024: 2486000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Equity at FY2024 end: 4770000000.0 · 2024-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Net income FY2025: 2673000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Equity at FY2025 end: 3415000000.0 · 2025-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - Net income FY2016: 821000000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1555280/000155528019000041/ · unverified - Net income FY2017: 864000000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1555280/000155528020000054/ · unverified - Net income FY2018: 1428000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1555280/000155528021000098/ · unverified - Net income FY2019: 1500000000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1555280/000155528022000078/ · unverified - Net income FY2020: 1638000000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1555280/000155528023000074/ · unverified - Net income FY2021: 2037000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528024000143/ · unverified - Net income FY2022: 2114000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528025000102/ · unverified - Net income FY2023: 2344000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Net income FY2024: 2486000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Net income FY2025: 2673000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - lt_debt: 9048000000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - debt_lt_current: 0.0 · 2025-12-31 · SEC XBRL LongTermDebtCurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - debt_short: 0.0 · 2026-06-30 · SEC XBRL CommercialPaper · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - Operating cash flow FY2021: 2213000000.0 · 2021-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1555280/000155528024000143/ · unverified - Capital expenditure FY2021: 477000000.0 · 2021-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1555280/000155528024000143/ · unverified - Operating cash flow FY2022: 1912000000.0 · 2022-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1555280/000155528025000102/ · unverified - Capital expenditure FY2022: 586000000.0 · 2022-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1555280/000155528025000102/ · unverified - Operating cash flow FY2023: 2353000000.0 · 2023-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Capital expenditure FY2023: 732000000.0 · 2023-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Operating cash flow FY2024: 2953000000.0 · 2024-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Capital expenditure FY2024: 655000000.0 · 2024-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Operating cash flow FY2025: 2904000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Capital expenditure FY2025: 621000000.0 · 2025-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified ### Lynch GARP: 72.0 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: debt_lt_current · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 7, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch - 1 PEG: P/E divided by 5-yr EPS growth (in % points): 1.12 · threshold <= 1.0 · points 26.3/30 - 2 EPS growth, 5-yr compound rate: +12.0% a year · threshold 12% to 35% a year · points 20.0/20 - 3 P/E on latest annual EPS: 13.5 · threshold <= 25 · points 10.0/10 - 4 Borrowings / equity: 2.87 · threshold <= 0.5 · points 0.0/15 - 5 Years of the last 5 in which EPS rose: 5 of 5 · threshold 5 of 5 · points 15.0/15 - 6 Net cash (cash minus borrowings) / market cap: -22.6% · threshold >= +10% · points 0.7/10 Inputs: - Price (close, per traded unit): 81.03 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - EPS diluted FY2025: 6.02 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - EPS diluted FY2020: 3.42 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1555280/000155528023000074/ · unverified - lt_debt: 9048000000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - debt_lt_current: 0.0 · 2025-12-31 · SEC XBRL LongTermDebtCurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - debt_short: 0.0 · 2026-06-30 · SEC XBRL CommercialPaper · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - equity: 3148000000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - cash: 1476000000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified ### Graham Enterprising: 51.3 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: debt_lt_current · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 13, 'not_cross_checked': 3} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising - 1 Current ratio: 3.08 · threshold >= 1.5 · points 15.0/15 - 2 Borrowings vs working capital: 2.11 x · threshold <= 1.1x · points 1.3/15 - 3 No earnings deficit in the last 5 years: 5 of 5 profitable · threshold 5 of 5 · points 15.0/15 - 4 Pays a current dividend: yes · threshold yes · points 10.0/10 - 5 EPS higher than five years earlier: 3.42 -> 6.02 · threshold higher · points 10.0/10 - 6 Price / book value per share: 10.64 · threshold <= 1.2 · points 0.0/20 - 7 Price / net current asset value per share (current assets minus all liabilities): None · threshold <= 0.67 · points 0.0/15 Inputs: - Price (close, per traded unit): 81.03 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - current_assets: 6356000000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - current_liabilities: 2061000000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - lt_debt: 9048000000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - debt_lt_current: 0.0 · 2025-12-31 · SEC XBRL LongTermDebtCurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - debt_short: 0.0 · 2026-06-30 · SEC XBRL CommercialPaper · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - Net income FY2021: 2037000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528024000143/ · unverified - Net income FY2022: 2114000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528025000102/ · unverified - Net income FY2023: 2344000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Net income FY2024: 2486000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Net income FY2025: 2673000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - Dividend years (Yahoo): [2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] · · Yahoo Finance dividend history · https://finance.yahoo.com/quote/ZTS/history?filter=div - EPS diluted FY2025: 6.02 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - EPS diluted FY2020: 3.42 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1555280/000155528023000074/ · unverified - equity: 3148000000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · 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 · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/R1.htm ### Piotroski F-Score: 55.6 (partial: 8) · complete: False · missing tests: 8 · current inputs as of None · stale inputs: none · history 2024–2026 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 23, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski - 1 Return on assets is positive: 17.3% · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 2 Operating cash flow is positive: 2,904M · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 3 Return on assets improved on the prior year: 17.5% -> 17.3% · threshold pass = 1 · points 0.0/11.11111111111111 - 4 Operating cash flow exceeds net income (accruals): 2,904M vs 2,673M · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 5 Long-term debt / assets fell: 36.7% -> 58.4% · threshold pass = 1 · points 0.0/11.11111111111111 - 6 Current ratio improved: 1.75 -> 3.12 · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 7 No new shares issued (share count did not rise): 443M -> 413M · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): None · threshold pass = 1 · points None/11.11111111111111 - 9 Asset turnover (revenue / assets) improved: 0.65 -> 0.61 · threshold pass = 1 · points 0.0/11.11111111111111 Inputs: - net_income 2025-12-31: 2673000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - total_assets 2025-12-31: 15490000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - cfo 2025-12-31: 2904000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - net_income 2025-12-31: 2673000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - net_income 2024-12-31: 2486000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - total_assets 2025-12-31: 15490000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - total_assets 2024-12-31: 14237000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - cfo 2025-12-31: 2904000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - net_income 2025-12-31: 2673000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001555280-26-000015) · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - lt_debt 2025-12-31: 9042000000.0 · 2025-12-31 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - lt_debt 2024-12-31: 5220000000.0 · 2024-12-31 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - total_assets 2025-12-31: 15490000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - total_assets 2024-12-31: 14237000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - current_assets 2025-12-31: 6773000000.0 · 2025-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - current_assets 2024-12-31: 5986000000.0 · 2024-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - current_liabilities 2025-12-31: 2173000000.0 · 2025-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - current_liabilities 2024-12-31: 3412000000.0 · 2024-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - shares_out 2026-07-31: 413223602.0 · 2026-07-31 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - shares_out 2025-08-01: 443183472.0 · 2025-08-01 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1555280/000155528025000261/ · unverified - revenue 2025-12-31: 9467000000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - revenue 2024-12-31: 9256000000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified - total_assets 2025-12-31: 15490000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/ · unverified - total_assets 2024-12-31: 14237000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ · unverified ## Market value, source trail - Formula: 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 - Traded price: 81.03 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1 - SEC shares outstanding: 413,223,602 underlying shares, period 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, accession 0001555280-26-000040 · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000040/R1.htm - Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None - Market value (price date x latest reported shares): 33,483,508,470 USD; 81.03 (price 2026-10-23) / 1 x 413,223,602 (shares at 2026-07-31) = 33,483,508,470 ## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends) - FY2013 (ended 2013-12-31): 4561000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528016000344/ - FY2014 (ended 2014-12-31): 4785000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528017000044/ - FY2015 (ended 2015-12-31): 4765000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528018000053/ - FY2016 (ended 2016-12-31): 4888000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528019000041/ - FY2017 (ended 2017-12-31): 5307000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528020000054/ - FY2018 (ended 2018-12-31): 5825000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528021000098/ - FY2019 (ended 2019-12-31): 6260000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528022000078/ - FY2020 (ended 2020-12-31): 6675000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528023000074/ - FY2021 (ended 2021-12-31): 7776000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528024000143/ - FY2022 (ended 2022-12-31): 8080000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528025000102/ - FY2023 (ended 2023-12-31): 8544000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ - FY2024 (ended 2024-12-31): 9256000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ - FY2025 (ended 2025-12-31): 9467000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ ## Net income by fiscal year (SEC XBRL) - FY2013 (ended 2013-12-31): 504000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528016000344/ - FY2014 (ended 2014-12-31): 583000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528017000044/ - FY2015 (ended 2015-12-31): 339000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528018000053/ - FY2016 (ended 2016-12-31): 821000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528019000041/ - FY2017 (ended 2017-12-31): 864000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528020000054/ - FY2018 (ended 2018-12-31): 1428000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528021000098/ - FY2019 (ended 2019-12-31): 1500000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528022000078/ - FY2020 (ended 2020-12-31): 1638000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528023000074/ - FY2021 (ended 2021-12-31): 2037000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528024000143/ - FY2022 (ended 2022-12-31): 2114000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528025000102/ - FY2023 (ended 2023-12-31): 2344000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ - FY2024 (ended 2024-12-31): 2486000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ - FY2025 (ended 2025-12-31): 2673000000.0 · https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/ ## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets) - FY2013 (ended 2013-12-31): 1.01 [filed 1.01, split factor 1.0] - FY2014 (ended 2014-12-31): 1.16 [filed 1.16, split factor 1.0] - FY2015 (ended 2015-12-31): 0.68 [filed 0.68, split factor 1.0] - FY2016 (ended 2016-12-31): 1.65 [filed 1.65, split factor 1.0] - FY2017 (ended 2017-12-31): 1.75 [filed 1.75, split factor 1.0] - FY2018 (ended 2018-12-31): 2.93 [filed 2.93, split factor 1.0] - FY2019 (ended 2019-12-31): 3.11 [filed 3.11, split factor 1.0] - FY2020 (ended 2020-12-31): 3.42 [filed 3.42, split factor 1.0] - FY2021 (ended 2021-12-31): 4.27 [filed 4.27, split factor 1.0] - FY2022 (ended 2022-12-31): 4.49 [filed 4.49, split factor 1.0] - FY2023 (ended 2023-12-31): 5.07 [filed 5.07, split factor 1.0] - FY2024 (ended 2024-12-31): 5.47 [filed 5.47, split factor 1.0] - FY2025 (ended 2025-12-31): 6.02 [filed 6.02, split factor 1.0] ## Dividend years (Yahoo history) 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026 ## Insider transactions (SEC Form 4 data set, latest 40) - 2026-05-13 P Bisaro Paul (director) 2000 @ 75.88 = 151760 · https://www.sec.gov/Archives/edgar/data/1555280/000162828026034642/ - 2026-05-13 P DAMELIO FRANK A (director) 6650 @ 75.39 = 501344 · https://www.sec.gov/Archives/edgar/data/1555280/000162828026034643/ - 2026-05-11 P MCCALLISTER MICHAEL B (director) 3000 @ 77.76 = 233280 · https://www.sec.gov/Archives/edgar/data/1555280/000162828026034291/ ## Links - sec_filings: https://www.sec.gov/edgar/browse/?CIK=0001555280 - sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001555280.json - sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001555280&type=4 - sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001555280&type=8-K - yahoo: https://finance.yahoo.com/quote/ZTS - stooq: https://stooq.com/q/d/?s=zts.us - morningstar (link only, nothing stored): https://www.morningstar.com/search?query=ZTS - finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=ZTS - stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/zts/ - seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/ZTS - openinsider (link only, nothing stored): http://openinsider.com/search?q=ZTS - google_news (link only, nothing stored): https://news.google.com/rss/search?q=ZTS+stock 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. Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.