Zoetis Inc (ZTS) — Free Cash Flow Generation Index
Latest as of September 2025:
0.86x
Zoetis Inc (ZTS) has a Free Cash Flow Generation Index of 0.86x as of September 2025. Free cash flow of $805.00 Million represents 1% of operating cash flow ($938.00 Million). Explore ZTS capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
0.86x
Free Cash Flow / Operating CF
Free Cash Flow
$805.00 Million
USD
Operating Cash Flow
$938.00 Million
USD
Capital Expenditures
$133.00 Million
USD
Zoetis Inc Free Cash Flow Generation Index (2009–2024)
Historical FCF Generation Index trend for Zoetis Inc across 16 annual periods. For the full cash flow conversion analysis, see ZTS operating cash flow.
Annual Free Cash Flow Generation for Zoetis Inc (2009–2024)
Year-by-year Free Cash Flow Generation Index for Zoetis Inc. Check Zoetis Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.78x | $2.30 Billion | $2.95 Billion | $655.00 Million | ▲ +13.0% |
| 2023 | 0.69x | $1.62 Billion | $2.35 Billion | $732.00 Million | ▼ -0.7% |
| 2022 | 0.69x | $1.33 Billion | $1.91 Billion | $586.00 Million | ▼ -11.6% |
| 2021 | 0.78x | $1.74 Billion | $2.21 Billion | $477.00 Million | ▼ -0.3% |
| 2020 | 0.79x | $1.67 Billion | $2.13 Billion | $453.00 Million | ▲ +5.8% |
| 2019 | 0.74x | $1.33 Billion | $1.79 Billion | $460.00 Million | ▼ -8.3% |
| 2018 | 0.81x | $1.45 Billion | $1.79 Billion | $338.00 Million | ▼ -2.7% |
| 2017 | 0.83x | $1.12 Billion | $1.35 Billion | $224.00 Million | ▲ +19.6% |
| 2016 | 0.70x | $497.00 Million | $713.00 Million | $216.00 Million | ▲ +5.2% |
| 2015 | 0.66x | $440.00 Million | $664.00 Million | $224.00 Million | ▼ -3.8% |
| 2014 | 0.69x | $431.00 Million | $626.00 Million | $195.00 Million | ▼ -5.7% |
| 2013 | 0.73x | $497.00 Million | $681.00 Million | $184.00 Million | ▲ +1.0% |
| 2012 | 0.72x | $328.00 Million | $454.00 Million | $126.00 Million | ▼ -0.8% |
| 2011 | 0.73x | $362.00 Million | $497.00 Million | $135.00 Million | ▲ +42.3% |
| 2010 | 0.51x | $130.00 Million | $254.00 Million | $124.00 Million | ▲ +235.6% |
| 2009 | -0.38x | $-37.00 Million | $98.00 Million | $135.00 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).