Zoetis (ZTS) Revenue — Quarter Ended Sep 30, 2024
Revenue increased compared to the same quarter last year. The growth rate was higher than in the immediately preceding quarter.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased compared to the same quarter last year. The growth rate was higher than in the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.4B
Revenue reported for this quarter.
Quarter-over-quarter
+1.1%
Change from the immediately preceding quarter.
Year-over-year
+11.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $2.2B | +8.5% |
| Mar 31, 2024 | $2.2B | +9.5% |
| Jun 30, 2024 | $2.4B | +8.3% |
| Sep 30, 2024 | $2.4B | +11.0% |
Revenue performance
Revenue for the quarter was higher than the same period a year earlier. The sequential change from the prior quarter was also positive.
Quarterly comparison
Compared to the immediately preceding quarter, revenue showed a modest increase. The year-over-year comparison reflected a more substantial rise.
What to watch
The filing notes a decrease in inventories due to reclassification to assets held for sale and higher-than-anticipated sales for certain products.