Zoetis (ZTS) 10-K Summary — Year Ended Dec 31, 2023
The filing provides an overview of Zoetis Inc.'s business, covering operating segments, products, and international operations. Financial metrics show revenue growth over the reported period, with net income and operating cash flow reported for the latest year.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
The filing provides an overview of Zoetis Inc.'s business, covering operating segments, products, and international operations. Financial metrics show revenue growth over the reported period, with net income and operating cash flow reported for the latest year.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$8.5B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$2.3B
Net income reported for the year.
Operating cash flow
$2.4B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $7.8B | n/a |
| Dec 31, 2022 | $8.1B | +3.9% |
| Dec 31, 2023 | $8.5B | +5.7% |
Business overview
The company's business overview section outlines its operating segments, products, international operations, sales and marketing, customers, research and development, manufacturing and supply chain, competition, intellectual property, regulatory environment, and human capital management.
Financial performance
Revenue increased over the three-year period covered by the filing. The company reported net income and operating cash flow for the most recent year.
Material risks
The filing includes a risk factors section, but no specific risks are described in the provided context.
Liquidity and capital
The filing discusses changes in working capital items, capital spending, and tax-related adjustments, but does not provide a clear capital allocation strategy.
What to watch
Monitor the company's revenue growth trajectory, as it has shown consistent increases over the reported years.