Latest period
$2.14B
YoY change
-0.7%
5Y CAGR
+6.4%
Peak year (2024)
$2.30B
Latest annual
$2.28B
Free Cash Flow history chart for Zoetis (ZTS) from 2009 to 2025
Latest: $2.28B
Free Cash Flow growth chart for Zoetis (ZTS) from 2009 to 2025
Latest: -0.7%
Free Cash Flow history table for Zoetis (ZTS) from 2009 to 2025
| 2025 | $2.28B | -0.7% | −$15.00M | ||
| 2024 | $2.30B | +41.8% | +$677.00M | ||
| 2023 | $1.62B | +22.2% | +$295.00M | ||
| 2022 | $1.33B | -23.6% | −$410.00M | ||
| 2021 | $1.74B | +3.8% | +$63.00M | ||
| 2020 | $1.67B | +25.3% | +$338.00M | ||
| 2019 | $1.33B | -8.1% | −$117.00M | ||
| 2018 | $1.45B | +29.4% | +$330.00M | ||
| 2017 | $1.12B | +125.8% | +$625.00M | ||
| 2016 | $497.00M | +13.0% | +$57.00M | ||
| 2015 | $440.00M | +2.1% | +$9.00M | ||
| 2014 | $431.00M | -13.3% | −$66.00M | ||
| 2013 | $497.00M | +51.5% | +$169.00M | ||
| 2012 | $328.00M | -9.4% | −$34.00M | ||
| 2011 | $362.00M | +178.5% | +$232.00M | ||
| 2010 | $130.00M | -451.4% | +$167.00M | ||
| 2009 | −$37.00M | — | — |
- 2025$2.28B-0.7%
- 2024$2.30B+41.8%
- 2023$1.62B+22.2%
- 2022$1.33B-23.6%
- 2021$1.74B+3.8%
- 2020$1.67B+25.3%
- 2019$1.33B-8.1%
- 2018$1.45B+29.4%
- 2017$1.12B+125.8%
- 2016$497.00M+13.0%
- 2015$440.00M+2.1%
- 2014$431.00M-13.3%
- 2013$497.00M+51.5%
- 2012$328.00M-9.4%
- 2011$362.00M+178.5%
- 2010$130.00M-451.4%
- 2009−$37.00M—
Free Cash Flow values are taken from Zoetis's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Free Cash Flow at Zoetis (ZTS)
Free Cash Flow for Zoetis (ZTS): headline value $2.14B · YoY -0.7%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual free cash flow for Zoetis (ZTS) came in at $2.28B – edged down 0.7% year-over-year.
Through 2020–2025 (5 years), Zoetis free cash flow delivered a +6.4% annualised rate; with mixed annual results across the window.
Across the available history, free cash flow reached its high of $2.30B in 2024 and its low of −$37.00M in 2009.
Zoetis Free Cash Flow by Year
Zoetis Free Cash Flow 2025: $2.28B
Zoetis posted free cash flow of $2.28B in 2025, edged down 0.7% below 2024.
Zoetis Free Cash Flow 2024: $2.30B
In 2024, Zoetis reported free cash flow of $2.30B, surged 41.8% from 2023. This figure represents the highest annual value in the available history.
Zoetis Free Cash Flow 2023: $1.62B
Zoetis free cash flow in 2023 was $1.62B, grew 22.2% from 2022.
Zoetis Free Cash Flow 2022: $1.33B
2022's free cash flow for Zoetis came in at $1.33B, declined 23.6% below 2021.
Zoetis Free Cash Flow 2021: $1.74B
Zoetis free cash flow in 2021 was $1.74B.
See more financial history for Zoetis (ZTS).
Sector peers by Free Cash Flow
Healthcare peers of Zoetis (ZTS), ranked by their latest free cash flow
| $19.70B | |
| $17.82B | |
| $16.07B | |
| $12.36B | |
| $8.97B | |
| $8.67B | |
| $8.10B | |
| $4.52B |
- $19.70B
- $17.82B
- $16.07B
- $12.36B
- $8.97B
- $8.67B
- $8.10B
- $4.52B
Frequently asked questions
Zoetis (ZTS) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation