Operating CF
$2.72B
Capex
−$582.00M
Free Cash Flow
$2.14B
FCF Margin
+78.6%
Cash flow waterfall for Zoetis (ZTS) — TTM through Q1 2026
Free cash flow: $2.14B
Cash flow breakdown for Zoetis (ZTS) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $2.72B | $2.72B |
| Capital Expenditure | −$582.00M | $2.14B |
| Free Cash Flow | $2.14B | $2.14B |
| Other Investing | −$78.00M | $2.06B |
| Share Buybacks | −$3.40B | −$1.34B |
| Dividends Paid | −$889.00M | −$2.23B |
| Net Debt Change | $2.27B | $39.00M |
| Other Financing | −$14.00M | $25.00M |
| Forex Effect | $57.00M | $82.00M |
| Net Cash Increase | $82.00M | $82.00M |
- Operating Cash Flow$2.72B
- Capital Expenditure−$582.00M
- Free Cash Flow$2.14B
- Other Investing−$78.00M
- Share Buybacks−$3.40B
- Dividends Paid−$889.00M
- Net Debt Change$2.27B
- Other Financing−$14.00M
- Forex Effect$57.00M
- Net Cash Increase$82.00M
Want to see what drove the FCF change?Free Cash Flow Bridge
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