Company name:

Zoetis Inc

  • IPO SHARE PRICE:
    $26.00
  • IPO DATE:
    February 01, 2013
  • TICKER:
    ZTS
  • MAIN STOCK EXCHANGE:
    New York Stock Exchange
  • CURRENT HQ LOCATION:
    10 Sylvan Way Parsippany New Jersey 07054
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    None
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Zoetis Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Income Statement

(USD in thousand)
Selected Year:
31-Dec
2020
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Total Revenue
45,679
45,679
45,679
45,679
45,679
45,679
45,679
5,307,000 5,825,000 6,260,000 6,675,000 6,675,000 7,228,000
Selected Year:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of sales
45,679
45,679
45,679
45,679
45,679
45,679
45,679
1,775,000 1,911,000 1,992,000 2,057,000 2,057,000 2,404,000
Research and development
45,679
45,679
45,679
45,679
45,679
45,679
45,679
382,000 432,000 457,000 463,000 463,000 532,000
Selling general and administrative
45,679
45,679
45,679
45,679
45,679
45,679
45,679
1,334,000 1,484,000 1,638,000 1,726,000 1,726,000 2,080,000
Amortization
45,679
45,679
45,679
45,679
45,679
45,679
45,679
91,000 117,000 155,000 160,000 160,000 160,000
Restructuring and acquisition-related costs
45,679
45,679
45,679
45,679
45,679
45,679
45,679
19,000 68,000 51,000 25,000 25,000 12,000
Total operating expenses
45,679
45,679
45,679
45,679
45,679
45,679
45,679
$3,601,000 $4,012,000 $4,293,000 $4,431,000 $4,431,000 $5,188,000
Selected Year:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
33.6%
33.6%

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$1,706,000 $1,813,000 $1,967,000 $2,244,000 $2,244,000 $2,040,000
Selected Year:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Other expense or income
45,679
45,679
45,679
45,679
45,679
45,679
45,679
6,000 (83,000) (57,000) 17,000 17,000 128,000
Total non-operating income (expense)
45,679
45,679
45,679
45,679
45,679
45,679
45,679
6,000 (83,000) (57,000) 17,000 17,000 128,000
Selected Year:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
33.9%
33.9%

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$1,712,000 $1,730,000 $1,910,000 $2,261,000 $2,261,000 $2,168,000
Selected Year:
31-Dec
2020
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense
-
45,679
45,679
45,679
45,679
45,679
45,679
175,000 206,000 223,000 231,000 231,000 232,000
Income before income taxes
45,679
45,679
45,679
45,679
45,679
45,679
45,679
1,525,000 1,690,000 1,801,000 1,996,000 1,996,000 1,680,000
Income tax expense or benefit TEST - ODD
45,679
45,679
45,679
45,679
45,679
45,679
45,679
663,000 266,000 301,000 360,000 360,000 248,000
Selected Year:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
24.5%
24.5%

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss) before allocation to non-controlling interest Net income (loss) before allocation to non-controlling interest
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$862,000 $1,424,000 $1,500,000 $1,636,000 $1,636,000 $1,432,000
Net income (loss) attributable to non-controlling interests Net income (loss) attributable to non-controlling interests
45,679
45,679
45,679
45,679
45,679
45,679
45,679
(2,000) (4,000) - (2,000) (2,000) (4,000)
Net income (loss) attributable to Company
45,679
45,679
45,679
45,679
45,679
45,679
45,679
864,000 1,428,000 1,500,000 1,638,000 1,638,000 1,436,000

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Common
-
-
-
45,678,795
45,678,795
45,678,795
45,678,795
485,253,713 478,771,915 474,933,945 475,166,373 475,166,373 475,166,373
Selected Year:
31-Dec
2020
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$1.76 $2.96 $3.14 $3.44 $3.44 $3.00
Net Income per diluted share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$1.75 $2.93 $3.11 $3.42 $3.42 $3.00
Selected Year:
31-Dec
2020
Dividends
Dividend is fraction of Earnings that is paid out in cash form to investor now; It's important to watch out that dividends don't exceed EPS on continuous basis as it is a sign that management is manipulating investor's perception of value of the company
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Dividends - $45,678,795.00 - $1.80