• Zoetis average net profit margin for 2023 was 26.8%, a 2.68% decline from 2022.
• Zoetis average net profit margin for 2022 was 26.1%, a 1.08% increase from 2021.
• Zoetis average net profit margin for 2021 was 25.82%, a 2.38% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.