FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

ZTS
2026-06-30 · figures in $M

NET DEBT UP

Net debt rose 44% to $6.6B — the highest of its last 8 readings.

CASH +23.3%
2,450
TOTAL DEBT +37.6%
9,042
NET DEBT +43.8%
6,592
NET DEBT / ANN. EBITDA —
— AMBIGUOUS D&A
Balance sheet FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY
Cash & equivalents
10-Q
1,602 1,934 3,604 3,485 3,581 2,041 1,987 2,450 +23.3%
Accounts receivable
RESTATED · WAS 1,590 10-Q
1,036 1,086 1,013 1,133 1,215 1,304 1,316 1,409 +7.1%
Inventories
RESTATED · WAS 2,430 10-Q
1,391 1,410 1,628 1,923 2,345 2,564 2,306 2,464 +6.9%
Other current assets
RESTATED · WAS 436 10-Q
271 318 366 389 365 434 377 450 +19.4%
Total current assets
RESTATED · WAS 6,768 10-Q
4,399 4,748 6,611 6,930 7,506 6,343 5,986 6,773 +13.1%
Current ratio
10-Q
3.60× 2.63× 3.05× 3.86× 2.37× 3.36× 1.75× 3.12× +77.7%
Goodwill
RESTATED · WAS 2,767 10-Q
2,519 2,592 2,694 2,682 2,746 2,759 2,724 2,774 +1.8%
Property, plant & equipment
RESTATED · WAS 3,681 10-Q
1,658 1,940 2,202 2,422 2,753 3,204 3,391 3,693 +8.9%
Total assets
RESTATED · WAS 15,467 10-Q
10,777 11,545 13,609 13,900 14,925 14,286 14,237 15,490 +8.8%
Return on assets (annualized)
10-Q
13.3% 13.0% 12.0% 14.7% 14.2% 16.4% 17.5% 17.3% -1.2%
Accounts payable
RESTATED · WAS 487 10-Q
313 301 457 436 405 411 433 445 +2.8%
Accrued liabilities
10-K
487 543 556 710 682 683 746 852 +14.2%
Short-term debt
10-K
0 500 600 0 1,350 0 1,350 0 -100.0%
Total current liabilities
RESTATED · WAS 2,235 10-Q
1,223 1,806 2,170 1,797 3,167 1,889 3,412 2,173 -36.3%
Long-term debt
10-Q
6,443 5,947 6,595 6,592 6,552 6,564 5,220 9,042 +73.2%
Total liabilities
10-Q
8,592 8,837 9,836 9,356 10,522 9,295 9,467 12,075 +27.5%
Net debt
10-Q
4,850 4,513 3,595 3,107 4,323 4,526 4,583 6,592 +43.8%
Stockholders' equity
RESTATED · WAS 3,331 10-Q
2,185 2,708 3,773 4,544 4,403 4,991 4,844 3,415 -29.5%

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · NET DEBT · QoQ BRIDGE
FROM4,583 TOTAL DEBT+2,472 CASH & EQUIVALENTS-463 TO6,592
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-06 ↗