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Dec 31, 2024

Zoetis Q4 2024 Earnings Report

Key Takeaways

Zoetis reported strong Q4 2024 results with revenue growth of 5% YoY, driven by a 9% operational increase in companion animal products. Net income increased by 11%, and adjusted EPS grew by 13%. The livestock segment declined due to divestitures.

Total Revenue
$2.32B
Previous year: $2.21B
+4.7%
EPS
$1.4
Previous year: $1.24
+12.9%
Companion Animal Growth
9%
Previous year: 11%
-18.2%
Livestock Growth
1%
Previous year: 5%
-80.0%
US Revenue Growth
4%
Previous year: 9%
-55.6%
Gross Profit
$1.61B
Previous year: $1.49B
+8.4%
Cash and Equivalents
$1.99B
Previous year: $2.04B
-2.6%
Free Cash Flow
$689M
Previous year: $699M
-1.4%
Total Assets
$14.2B
Previous year: $14.3B
-0.3%

Zoetis

Zoetis

Zoetis Revenue by Segment

Zoetis Revenue by Geographic Location

Forward Guidance

Zoetis expects 6% to 8% organic revenue growth in 2025, with strong momentum in companion animal therapeutics and international markets.

Positive Outlook

  • Projected organic revenue growth of 6% to 8%
  • Companion animal portfolio remains a strong growth driver
  • Expansion in international markets, especially Europe and Latin America
  • Continued investment in monoclonal antibody therapies
  • Improved operational efficiencies expected to enhance margins

Challenges Ahead

  • Livestock segment facing challenges from divestitures
  • Potential foreign exchange headwinds impacting revenue
  • Competitive pressures in the parasiticides market
  • R&D and SG&A expenses expected to increase
  • Macroeconomic uncertainties could affect global demand