Zoetis Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2009
Revenue	8,544	8,080	7,776	6,675	6,260	Upgrade
Revenue Growth (YoY)	5.74%	3.91%	16.49%	6.63%	7.47%	Upgrade
Cost of Revenue	2,561	2,454	2,303	2,057	1,992	Upgrade
Gross Profit	5,983	5,626	5,473	4,618	4,268	Upgrade
Selling, General & Admin	2,151	2,009	2,001	1,726	1,638	Upgrade
Research & Development	614	539	508	463	457	Upgrade
Other Operating Expenses	43	201	252	202	149	Upgrade
Operating Expenses	2,808	2,749	2,761	2,391	2,244	Upgrade
Operating Income	3,175	2,877	2,712	2,227	2,024	Upgrade
Interest Expense / Income	239	221	224	231	223	Upgrade
Other Expense / Income	-4	-3	-3	-2	-	Upgrade
Pretax Income	2,940	2,659	2,491	1,998	1,801	Upgrade
Income Tax	596	545	454	360	301	Upgrade
Net Income	2,344	2,114	2,037	1,638	1,500	Upgrade
Net Income Growth	10.88%	3.78%	24.36%	9.20%	5.04%	Upgrade
Shares Outstanding (Basic)	461	469	474	476	478	Upgrade
Shares Outstanding (Diluted)	462	470	477	479	482	Upgrade
Shares Change	-1.73%	-1.33%	-0.39%	-0.67%	-1.05%	Upgrade
EPS (Basic)	5.08	4.51	4.29	3.44	3.14	Upgrade
EPS (Diluted)	5.07	4.49	4.27	3.42	3.11	Upgrade
EPS Growth	12.92%	5.15%	24.85%	9.97%	6.14%	Upgrade
Free Cash Flow	1,625	1,327	1,738	1,694	1,356	Upgrade
Free Cash Flow Per Share	3.52	2.83	3.66	3.56	2.84	Upgrade
Dividend Per Share	1.500	1.300	1.000	0.800	0.656	Upgrade
Dividend Growth	15.38%	30.00%	25.00%	21.95%	30.16%	Upgrade
Gross Margin	70.03%	69.63%	70.38%	69.18%	68.18%	Upgrade
Operating Margin	37.16%	35.61%	34.88%	33.36%	32.33%	Upgrade
Profit Margin	27.43%	26.16%	26.20%	24.54%	23.96%	Upgrade
Free Cash Flow Margin	19.02%	16.42%	22.35%	25.38%	21.66%	Upgrade
Effective Tax Rate	20.27%	20.50%	18.23%	18.02%	16.71%	Upgrade
EBITDA	3,670	3,345	3,163	2,670	2,436	Upgrade
EBITDA Margin	42.95%	41.40%	40.68%	40.00%	38.91%	Upgrade
Depreciation & Amortization	491	465	448	441	412	Upgrade
EBIT	3,179	2,880	2,715	2,229	2,024	Upgrade
EBIT Margin	37.21%	35.64%	34.92%	33.39%	32.33%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).