Zoetis Gross Margin 2011-2025 | ZTS
- Zoetis average gross margin for 2024 was 70.18%, a 0.29% increase from 2023.
- Zoetis average gross margin for 2023 was 69.98%, a 0.19% increase from 2022.
- Zoetis average gross margin for 2022 was 70.11%, a 0.53% decline from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.