Zoetis Inc (ZTS) — Capital Reinvestment Ratio
Zoetis Inc (ZTS) has a Capital Reinvestment Ratio of 0.14x as of September 2025, meaning it reinvests 0% of its operating cash flow ($938.00 Million) in capital expenditures ($133.00 Million). Check Zoetis Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Zoetis Inc Capital Reinvestment Ratio (2009–2024)
This chart tracks Zoetis Inc's Capital Reinvestment Ratio across 16 annual periods. For the full cash flow conversion analysis, see Zoetis Inc cash conversion from operations.
Annual Capital Reinvestment Ratio for Zoetis Inc (2009–2024)
Year-by-year Capital Reinvestment Ratio for Zoetis Inc from 2009 to 2024. See Zoetis Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.22x | $2.95 Billion | $655.00 Million | ▼ -28.7% |
| 2023 | 0.31x | $2.35 Billion | $732.00 Million | ▲ +1.5% |
| 2022 | 0.31x | $1.91 Billion | $586.00 Million | ▲ +42.2% |
| 2021 | 0.22x | $2.21 Billion | $477.00 Million | ▲ +1.2% |
| 2020 | 0.21x | $2.13 Billion | $453.00 Million | ▼ -16.9% |
| 2019 | 0.26x | $1.79 Billion | $460.00 Million | ▲ +35.7% |
| 2018 | 0.19x | $1.79 Billion | $338.00 Million | ▲ +13.5% |
| 2017 | 0.17x | $1.35 Billion | $224.00 Million | ▼ -45.1% |
| 2016 | 0.30x | $713.00 Million | $216.00 Million | ▼ -10.2% |
| 2015 | 0.34x | $664.00 Million | $224.00 Million | ▲ +8.3% |
| 2014 | 0.31x | $626.00 Million | $195.00 Million | ▲ +15.3% |
| 2013 | 0.27x | $681.00 Million | $184.00 Million | ▼ -2.6% |
| 2012 | 0.28x | $454.00 Million | $126.00 Million | ▲ +2.2% |
| 2011 | 0.27x | $497.00 Million | $135.00 Million | ▼ -44.4% |
| 2010 | 0.49x | $254.00 Million | $124.00 Million | ▼ -64.6% |
| 2009 | 1.38x | $98.00 Million | $135.00 Million | — |