Zoetis Inc (ZTS) — Cash Flow Reinvestment Rate
Zoetis Inc (ZTS) has a Cash Flow Reinvestment Rate of 0.31x as of September 2025, reinvesting $293.00 Million (capex $133.00 Million plus investments $-160.00 Million) from operating cash flow of $938.00 Million. Explore Zoetis Inc (ZTS) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Zoetis Inc Cash Flow Reinvestment Rate (2009–2024)
Historical reinvestment intensity for Zoetis Inc across 16 annual periods. Also explore Zoetis Inc assets under control for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Zoetis Inc (2009–2024)
Year-by-year capital reinvestment analysis for Zoetis Inc. For live market cap and broader valuation context, see ZTS market cap.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.33x | $970.00 Million | $2.95 Billion | $655.00 Million | ▼ -48.8% |
| 2023 | 0.64x | $1.51 Billion | $2.35 Billion | $732.00 Million | ▼ -16.5% |
| 2022 | 0.77x | $1.47 Billion | $1.91 Billion | $586.00 Million | ▲ +234.0% |
| 2021 | 0.23x | $509.00 Million | $2.21 Billion | $477.00 Million | ▲ +1.9% |
| 2020 | 0.23x | $480.00 Million | $2.13 Billion | $453.00 Million | ▼ -32.2% |
| 2019 | 0.33x | $598.00 Million | $1.79 Billion | $460.00 Million | ▲ +62.9% |
| 2018 | 0.20x | $366.00 Million | $1.79 Billion | $338.00 Million | ▼ -44.3% |
| 2017 | 0.37x | $494.00 Million | $1.35 Billion | $224.00 Million | ▼ -39.1% |
| 2016 | 0.60x | $430.00 Million | $713.00 Million | $216.00 Million | ▲ +58.9% |
| 2015 | 0.38x | $252.00 Million | $664.00 Million | $224.00 Million | ▲ +21.8% |
| 2014 | 0.31x | $195.00 Million | $626.00 Million | $195.00 Million | ▲ +15.3% |
| 2013 | 0.27x | $184.00 Million | $681.00 Million | $184.00 Million | ▼ -2.6% |
| 2012 | 0.28x | $126.00 Million | $454.00 Million | $126.00 Million | ▲ +2.2% |
| 2011 | 0.27x | $135.00 Million | $497.00 Million | $135.00 Million | ▼ -44.4% |
| 2010 | 0.49x | $124.00 Million | $254.00 Million | $124.00 Million | ▼ -64.6% |
| 2009 | 1.38x | $135.00 Million | $98.00 Million | $135.00 Million | — |