Shares Outstanding for Zoetis (ZTS)
According to Zoetis's latest reported financial statements, the company's latest reported diluted shares outstanding is 438.60M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
ZTS
Currently viewingShares OutstandingSwitch metric
Latest period
438.60M
YoY change
-2.4%
5Y CAGR
-1.5%
Peak year (2014)
502.02M
Latest annual
443.83M
Shares Outstanding history chart for Zoetis (ZTS) from 2009 to 2025
Shares Outstanding history table for Zoetis (ZTS) from 2009 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 443.83M | -2.4% | ||
| 2024 | 454.85M | -1.6% | ||
| 2023 | 462.27M | -1.7% | ||
| 2022 | 470.38M | -1.3% | ||
| 2021 | 476.72M | -0.4% | ||
| 2020 | 478.57M | -0.7% | ||
| 2019 | 481.79M | -1.0% | ||
| 2018 | 486.90M | -1.3% | ||
| 2017 | 493.16M | -1.0% | ||
| 2016 | 498.23M | -0.8% | ||
| 2015 | 502.02M | -0.0% | ||
| 2014 | 502.02M | +0.3% | ||
| 2013 | 500.32M | +0.1% | ||
| 2012 | 500.00M | +3.8% | ||
| 2011 | 481.79M | 0.0% | ||
| 2010 | 481.79M | 0.0% | ||
| 2009 | 481.79M | — |
Shares Outstanding values are taken from Zoetis's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual diluted shares outstanding for Zoetis (ZTS) came in at 443.83M – edged down 2.4% year-over-year.
Over 2020–2025 (5 years), Zoetis diluted shares outstanding expanded at a -1.5% compound annual rate, with a net decline across the window.
Zoetis diluted shares outstanding peaked at 502.02M in 2014; the latest annual figure is 443.83M in 2025 (11.6% below peak).
502.02M stands as the all-time-high annual diluted shares outstanding, posted in 2014, against a low of 443.83M during 2025.
Within Healthcare, Zoetis (ZTS) ranks 9th among 8 peers we track. The peer median for diluted shares outstanding is 1.34B.
Zoetis Shares Outstanding by Year
Zoetis Shares Outstanding 2025: 443.83M
Zoetis diluted shares outstanding in 2025 was 443.83M, edged down 2.4% below 2024. This figure represents the lowest annual value in the available history.
Zoetis Shares Outstanding 2024: 454.85M
Zoetis diluted shares outstanding in 2024 was 454.85M, edged down 1.6% below 2023.
Zoetis Shares Outstanding 2023: 462.27M
Zoetis diluted shares outstanding in 2023 was 462.27M, edged down 1.7% below 2022.
Zoetis Shares Outstanding 2022: 470.38M
Zoetis diluted shares outstanding in 2022 was 470.38M, edged down 1.3% below 2021.
Zoetis Shares Outstanding 2021: 476.72M
Zoetis diluted shares outstanding in 2021 was 476.72M.
See more financial history for Zoetis (ZTS).
Sector peers — Shares Outstanding
Companies in the same sector as Zoetis, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | 4.45B | Healthcare |
| Merck & Co., Inc. (MRK) | 2.51B | Healthcare |
| Johnson & Johnson (JNJ) | 2.43B | Healthcare |
| AbbVie Inc. (ABBV) | 1.77B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | 910.00M | Healthcare |
| Eli Lilly and Company (LLY) | 898.00M | Healthcare |
| AstraZeneca PLC (AZN) | 781.00M | Healthcare |
| Amgen Inc. (AMGN) | 542.00M | Healthcare |
Frequently asked questions
What is Zoetis's diluted shares outstanding?
- Latest reported diluted shares outstanding for Zoetis (ZTS) is 438.60M (period ending December 31, 2025).
How has Zoetis diluted shares outstanding changed year-over-year?
- Zoetis (ZTS) diluted shares outstanding changed -2.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Zoetis diluted shares outstanding?
- Zoetis (ZTS) diluted shares outstanding compound annual growth rate is -1.5% over the most recent 5 years available.
When did Zoetis diluted shares outstanding hit its highest annual value?
- Zoetis diluted shares outstanding reached its highest annual value of 502.02M in 2014.
What was Zoetis diluted shares outstanding in 2024?
- Zoetis (ZTS) diluted shares outstanding in 2024 was 454.85M.
What was Zoetis diluted shares outstanding in 2025?
- Zoetis (ZTS) diluted shares outstanding in 2025 was 443.83M.
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