Zoetis annual capital expenditures (capex)
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2025
Zoetis Capital Expenditures (CapEx) Growth & History (ZTS)
Zoetis's capital expenditures (capex) was $621.0M for fiscal 2025.
View full Zoetis company overviewZoetis annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $621.0M | −$34.0M | −5.19% |
| 2024 | 2024-12-31 | $655.0M | −$77.0M | −10.52% |
| 2023 | 2023-12-31 | $732.0M | $146.0M | +24.91% |
| 2022 | 2022-12-31 | $586.0M | $109.0M | +22.85% |
| 2021 | 2021-12-31 | $477.0M | $24.0M | +5.30% |
| 2020 | 2020-12-31 | $453.0M | −$7.0M | −1.52% |
| 2019 | 2019-12-31 | $460.0M | $122.0M | +36.09% |
| 2018 | 2018-12-31 | $338.0M | $114.0M | +50.89% |
| 2017 | 2017-12-31 | $224.0M | $8.0M | +3.70% |
| 2016 | 2016-12-31 | $216.0M | −$8.0M | −3.57% |
| 2015 | 2015-12-31 | $224.0M | $44.0M | +24.44% |
| 2014 | 2014-12-31 | $180.0M | −$4.0M | −2.17% |
| 2013 | 2013-12-31 | $184.0M | $58.0M | +46.03% |
| 2012 | 2012-12-31 | $126.0M | −$9.0M | −6.67% |
| 2011 | 2011-12-31 | $135.0M | — | — |
Zoetis quarterly capital expenditures (capex)
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Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $117.0M | −$29.0M | −19.86% |
| Q1 2026 | 2026-03-31 | $110.0M | −$68.0M | −38.20% |
| Q4 2025 | 2025-12-31 | $161.0M | −$55.0M | −25.46% |
| Q3 2025 | 2025-09-30 | $136.0M | −$31.0M | −18.56% |
| Q2 2025 | 2025-06-30 | $146.0M | $14.0M | +10.61% |
| Q1 2025 | 2025-03-31 | $178.0M | $38.0M | +27.14% |
| Q4 2024 | 2024-12-31 | $216.0M | $18.0M | +9.09% |
| Q3 2024 | 2024-09-30 | $167.0M | $22.0M | +15.17% |
| Q2 2024 | 2024-06-30 | $132.0M | −$34.0M | −20.48% |
| Q1 2024 | 2024-03-31 | $140.0M | −$83.0M | −37.22% |
| Q4 2023 | 2023-12-31 | $198.0M | $27.0M | +15.79% |
| Q3 2023 | 2023-09-30 | $145.0M | −$9.0M | −5.84% |
| Q2 2023 | 2023-06-30 | $166.0M | $20.0M | +13.70% |
| Q1 2023 | 2023-03-31 | $223.0M | $108.0M | +93.91% |
| Q4 2022 | 2022-12-31 | $171.0M | $3.0M | +1.79% |
| Q3 2022 | 2022-09-30 | $154.0M | $35.0M | +29.41% |
| Q2 2022 | 2022-06-30 | $146.0M | $33.0M | +29.20% |
| Q1 2022 | 2022-03-31 | $115.0M | $38.0M | +49.35% |
| Q4 2021 | 2021-12-31 | $168.0M | $16.0M | +10.53% |
| Q3 2021 | 2021-09-30 | $119.0M | $2.0M | +1.71% |
| Q2 2021 | 2021-06-30 | $113.0M | $23.0M | +25.56% |
| Q1 2021 | 2021-03-31 | $77.0M | −$17.0M | −18.09% |
| Q4 2020 | 2020-12-31 | $152.0M | −$14.0M | −8.43% |
| Q3 2020 | 2020-09-30 | $117.0M | −$11.0M | −8.59% |
| Q2 2020 | 2020-06-30 | $90.0M | −$13.0M | −12.62% |
| Q1 2020 | 2020-03-31 | $94.0M | $31.0M | +49.21% |
| Q4 2019 | 2019-12-31 | $166.0M | $28.0M | +20.29% |
| Q3 2019 | 2019-09-30 | $128.0M | $54.0M | +72.97% |
| Q2 2019 | 2019-06-30 | $103.0M | $30.0M | +41.10% |
| Q1 2019 | 2019-03-31 | $63.0M | $10.0M | +18.87% |
| Q4 2018 | 2018-12-31 | $138.0M | $55.0M | +66.27% |
| Q3 2018 | 2018-09-30 | $74.0M | $26.0M | +54.17% |
| Q2 2018 | 2018-06-30 | $73.0M | $22.0M | +43.14% |
| Q1 2018 | 2018-03-31 | $53.0M | $11.0M | +26.19% |
| Q4 2017 | 2017-12-31 | $83.0M | $23.0M | +38.33% |
| Q3 2017 | 2017-10-01 | $48.0M | −$9.0M | −15.79% |
| Q2 2017 | 2017-07-02 | $51.0M | −$3.0M | −5.56% |
| Q1 2017 | 2017-04-02 | $42.0M | −$3.0M | −6.67% |
| Q4 2016 | 2016-12-31 | $60.0M | −$21.0M | −25.93% |
| Q3 2016 | 2016-10-02 | $57.0M | $5.0M | +9.62% |
| Q2 2016 | 2016-07-03 | $54.0M | $8.0M | +17.39% |
| Q1 2016 | 2016-04-03 | $45.0M | $0 | 0.00% |
| Q4 2015 | 2015-12-31 | $81.0M | $79.0M | +3950.00% |
| Q3 2015 | 2015-09-27 | $52.0M | $10.0M | +23.81% |
| Q2 2015 | 2015-06-28 | $46.0M | $4.0M | +9.52% |
| Q1 2015 | 2015-03-29 | $45.0M | $0 | 0.00% |
| Q4 2014 | 2014-12-31 | $2.0M | −$47.0M | −95.92% |
| Q3 2014 | 2014-09-28 | $42.0M | −$13.0M | −23.64% |
| Q2 2014 | 2014-06-29 | $42.0M | −$16.0M | −27.59% |
| Q1 2014 | 2014-03-30 | $45.0M | $23.0M | +104.55% |
| Q4 2013 | 2013-12-31 | $49.0M | $4.0M | +8.89% |
| Q3 2013 | 2013-09-29 | $55.0M | $29.0M | +111.54% |
| Q2 2013 | 2013-06-30 | $58.0M | $34.0M | +141.67% |
| Q1 2013 | 2013-03-31 | $22.0M | −$9.0M | −29.03% |
| Q4 2012 | 2012-12-31 | $45.0M | — | — |
| Q3 2012 | 2012-09-30 | $26.0M | — | — |
| Q2 2012 | 2012-07-01 | $24.0M | — | — |
| Q1 2012 | 2012-04-01 | $31.0M | — | — |
Zoetis capital expenditures (capex) trends
Over the last five fiscal years, Zoetis's capital expenditures (capex) increased from $453.0M to $621.0M, a change of $168.0M. The latest reported quarter, Q2 2026, shows $117.0M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Zoetis source filings ↗