Zoetis Operating Profit Margin from 2010 to 2024
| ZTS Stock | USD 178.54 0.29 0.16% |
Operating Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.35919944 | Current Value 0.2 | Quarterly Volatility 0.09013906 |
Check Zoetis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zoetis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 515.5 M, Interest Expense of 162.4 M or Total Revenue of 6 B, as well as many indicators such as Price To Sales Ratio of 5.59, Dividend Yield of 0.0089 or PTB Ratio of 13.07. Zoetis financial statements analysis is a perfect complement when working with Zoetis Valuation or Volatility modules.
Zoetis | Operating Profit Margin |
Latest Zoetis' Operating Profit Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Zoetis Inc over the last few years. It is Zoetis' Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zoetis' overall financial position and show how it may be relating to other accounts over time.
| Operating Profit Margin | 10 Years Trend |
|
Operating Profit Margin |
| Timeline |
Zoetis Operating Profit Margin Regression Statistics
| Arithmetic Mean | 0.26 | |
| Geometric Mean | 0.24 | |
| Coefficient Of Variation | 34.63 | |
| Mean Deviation | 0.08 | |
| Median | 0.29 | |
| Standard Deviation | 0.09 | |
| Sample Variance | 0.01 | |
| Range | 0.2813 | |
| R-Value | 0.76 | |
| Mean Square Error | 0 | |
| R-Squared | 0.58 | |
| Significance | 0.0009 | |
| Slope | 0.02 | |
| Total Sum of Squares | 0.11 |
Zoetis Operating Profit Margin History
About Zoetis Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Zoetis income statement, its balance sheet, and the statement of cash flows. Zoetis investors use historical funamental indicators, such as Zoetis's Operating Profit Margin, to determine how well the company is positioned to perform in the future. Although Zoetis investors may use each financial statement separately, they are all related. The changes in Zoetis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Zoetis's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Zoetis Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Zoetis. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Operating Profit Margin | 0.36 | 0.20 |
Pair Trading with Zoetis
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zoetis position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zoetis will appreciate offsetting losses from the drop in the long position's value.Moving against Zoetis Stock
| 0.42 | ANVS | Annovis Bio Earnings Call Today | PairCorr |
| 0.36 | PRGO | Perrigo Company Buyout Trend | PairCorr |
The ability to find closely correlated positions to Zoetis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zoetis when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zoetis - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zoetis Inc to buy it.
The correlation of Zoetis is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zoetis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zoetis Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Zoetis can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Zoetis Stock Analysis
When running Zoetis' price analysis, check to measure Zoetis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zoetis is operating at the current time. Most of Zoetis' value examination focuses on studying past and present price action to predict the probability of Zoetis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoetis' price. Additionally, you may evaluate how the addition of Zoetis to your portfolios can decrease your overall portfolio volatility.