Debt to Equity
since 2012
Calculation
Zoetis Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Short-term borrowings and long-term debt1 | ÷ | Total Zoetis Inc. equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.31 | = | 6,567) | ÷ | 4,997) |
| Dec 31, 2022 | 1.79 | = | 7,904) | ÷ | 4,405) |
| Dec 31, 2021 | 1.45 | = | 6,592) | ÷ | 4,543) |
| Dec 31, 2020 | 1.91 | = | 7,199) | ÷ | 3,769) |
| Dec 31, 2019 | 2.38 | = | 6,447) | ÷ | 2,708) |
| Dec 31, 2018 | 2.95 | = | 6,452) | ÷ | 2,185) |
| Dec 31, 2017 | 2.80 | = | 4,953) | ÷ | 1,770) |
| Dec 31, 2016 | 3.00 | = | 4,468) | ÷ | 1,487) |
| Dec 31, 2015 | 4.56 | = | 4,868) | ÷ | 1,068) |
| Dec 31, 2014 | 2.78 | = | 3,650) | ÷ | 1,311) |
| Dec 31, 2013 | 3.89 | = | 3,657) | ÷ | 940) |
| Dec 31, 2012 | 0.14 | = | 582) | ÷ | 4,026) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
1 US$ in millions
Comparison to Competitors
Zoetis Inc., debt to equity, long-term trends, comparison to competitors
| Zoetis Inc. | AbbVie Inc. | Amgen Inc. | Bristol-Myers Squibb Co. | Danaher Corp. | Eli Lilly & Co. | Gilead Sciences Inc. | Johnson & Johnson | Merck & Co. Inc. | Moderna Inc. | Pfizer Inc. | Regeneron Pharmaceuticals Inc. | Thermo Fisher Scientific Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 1.31 | 5.73 | 10.37 | 1.35 | 0.34 | 2.34 | 1.09 | 0.43 | 0.93 | 0.04 | 0.81 | 0.10 | 0.75 |
| Dec 31, 2022 | 1.79 | 3.67 | 10.64 | 1.27 | 0.39 | 1.52 | 1.19 | 0.52 | 0.67 | 0.06 | 0.37 | 0.12 | 0.78 |
| Dec 31, 2021 | 1.45 | 4.98 | 4.97 | 1.24 | 0.49 | 1.88 | 1.27 | 0.46 | 0.87 | 0.05 | 0.50 | 0.14 | 0.85 |
| Dec 31, 2020 | 1.91 | 6.58 | 3.51 | 1.34 | 0.53 | 2.94 | 1.73 | 0.56 | 1.26 | 0.05 | 0.63 | 0.24 | 0.63 |
| Dec 31, 2019 | 2.38 | — | 3.09 | 0.91 | 0.72 | 5.88 | 1.09 | 0.47 | 1.02 | 0.03 | 0.83 | 0.06 | 0.60 |
| Dec 31, 2018 | 2.95 | — | 2.71 | 0.52 | 0.35 | 1.30 | 1.28 | 0.51 | 0.94 | 0.03 | 0.66 | 0.08 | 0.69 |
| Dec 31, 2017 | 2.80 | 7.33 | 1.40 | 0.68 | 0.40 | 1.18 | 1.64 | 0.57 | 0.71 | — | 0.60 | 0.11 | 0.83 |
| Dec 31, 2016 | 3.00 | 7.95 | 1.16 | 0.41 | 0.53 | 0.74 | 1.39 | 0.39 | 0.62 | — | 0.71 | 0.11 | 0.77 |
| Dec 31, 2015 | 4.56 | 8.03 | 1.12 | 0.47 | 0.54 | 0.55 | 1.20 | 0.28 | 0.59 | — | 0.60 | 0.10 | 0.59 |
| Dec 31, 2014 | 2.78 | 8.62 | 1.19 | 0.53 | 0.15 | 0.52 | 0.80 | 0.27 | 0.44 | — | 0.51 | 0.18 | 0.71 |
| Dec 31, 2013 | 3.89 | 3.28 | 1.45 | 0.55 | 0.16 | 0.30 | 0.58 | 0.25 | 0.50 | — | 0.48 | 0.26 | 0.62 |
| Dec 31, 2012 | 0.14 | 4.66 | 1.39 | 0.54 | 0.28 | 0.37 | 0.88 | 0.25 | 0.39 | — | 0.46 | 0.37 | 0.46 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
Comparison to Sector (Pharmaceuticals, Biotechnology & Life Sciences)
Zoetis Inc., debt to equity, long-term trends, comparison to sector (pharmaceuticals, biotechnology & life sciences)
| Zoetis Inc. | Pharmaceuticals, Biotechnology & Life Sciences | |
|---|---|---|
| Dec 31, 2023 | 1.31 | 0.98 |
| Dec 31, 2022 | 1.79 | 0.79 |
| Dec 31, 2021 | 1.45 | 0.92 |
| Dec 31, 2020 | 1.91 | 1.14 |
| Dec 31, 2019 | 2.38 | 1.10 |
| Dec 31, 2018 | 2.95 | 0.94 |
| Dec 31, 2017 | 2.80 | 0.88 |
| Dec 31, 2016 | 3.00 | 0.79 |
| Dec 31, 2015 | 4.56 | 0.68 |
| Dec 31, 2014 | 2.78 | 0.55 |
| Dec 31, 2013 | 3.89 | 0.52 |
| Dec 31, 2012 | 0.14 | 0.51 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
Comparison to Industry (Health Care)
Zoetis Inc., debt to equity, long-term trends, comparison to industry (health care)
| Zoetis Inc. | Health Care | |
|---|---|---|
| Dec 31, 2023 | 1.31 | 0.81 |
| Dec 31, 2022 | 1.79 | 0.72 |
| Dec 31, 2021 | 1.45 | 0.78 |
| Dec 31, 2020 | 1.91 | 0.90 |
| Dec 31, 2019 | 2.38 | 0.91 |
| Dec 31, 2018 | 2.95 | 0.87 |
| Dec 31, 2017 | 2.80 | 0.79 |
| Dec 31, 2016 | 3.00 | 0.75 |
| Dec 31, 2015 | 4.56 | 0.68 |
| Dec 31, 2014 | 2.78 | 0.52 |
| Dec 31, 2013 | 3.89 | 0.49 |
| Dec 31, 2012 | 0.14 | 0.51 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).