Zoetis (MEX:ZTS) Dividend Payout Ratio: 0.35 (As of Mar. 2026) — 67% Above Median


MEX:ZTS Zoetis Inc MEX:ZTS
71 GF Score
Price MXN1,338.00
GF Value MXN3,410.33
Valuation Significantly Undervalued
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What is Zoetis Dividend Payout Ratio?

Zoetis MEX:ZTS -2.46% 71 Dividend Payout Ratio is 0.35 as of Mar. 2026, which is 67% above its 10-year median of 0.21. GuruFocus rates MEX:ZTS with a GF Score™ of 71/100 and a GF Value™ of MXN3,410.33 (Significantly Undervalued). Among 444 Drug Manufacturers companies, Zoetis ranks better than 60.36% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Zoetis's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.35.

The historical rank and industry rank for Zoetis's Dividend Payout Ratio or its related term are showing as below:

MEX:ZTS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.21   Max: 0.31
Current: 0.31

During the past 13 years, the highest Dividend Payout Ratio of Zoetis was 0.31. The lowest was 0.16. And the median was 0.21.

MEX:ZTS's Dividend Payout Ratio is ranked better than
60.36% of 444 companies
in the Drug Manufacturers industry
Industry Median: 0.375 vs MEX:ZTS: 0.31

As of today (2026-06-29), the Dividend Yield % of Zoetis is 2.76%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Zoetis was 2.76%. The lowest was 0.38%. And the median was 0.66%.

Zoetis's Dividends per Share for the months ended in Mar. 2026 was MXN9.56.

During the past 12 months, Zoetis's average Dividends Per Share Growth Rate was 13.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 20.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 21.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zoetis was 25.70% per year. The lowest was 13.40% per year. And the median was 21.65% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Zoetis (MEX:ZTS) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Zoetis Dividend Payout Ratio Related Terms

Zoetis Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Zoetis's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zoetis Dividend Payout Ratio Chart

Zoetis Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.27 0.28 0.29 0.31

Zoetis Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.28 0.29 0.34 0.35

MEX:ZTS vs UTHR, VTRS, NBIX: Dividend Payout Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Zoetis's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Zoetis Dividend Payout Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zoetis's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Zoetis's Dividend Payout Ratio falls into.


MEX:ZTS
71GF Score
Zoetis Inc MEX:ZTS
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zoetis Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Zoetis's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=36.011/ 115.417
=0.31

Zoetis's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=9.557/ 27.59
=0.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.35 mean?
Zoetis (MEX:ZTS) has a Dividend Payout Ratio of 0.35 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Zoetis and its competitors. This is 67% above median its historical median of 0.21. Over the past decade, Zoetis' Dividend Payout Ratio has ranged from 0.16 to 0.31. According to the industry distribution chart, Zoetis ranks #176 out of 444 companies in the Drug Manufacturers industry, placing it in the top 39.6%.
Is Zoetis' Dividend Payout Ratio too high?
Zoetis' current Dividend Payout Ratio of 0.35 is 67% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.31. The Drug Manufacturers industry median Dividend Payout Ratio is 0.38. Zoetis' value of 0.35 is 6.7% below this industry median. Based on the distribution chart, Zoetis ranks #176 out of 444 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Zoetis has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zoetis' Dividend Payout Ratio compare to UTHR and VTRS?
According to the Drug Manufacturers industry distribution chart, Zoetis ranks #176 out of 444 companies for Dividend Payout Ratio. This puts Zoetis in the upper half of its industry. The industry median Dividend Payout Ratio is 0.38. Zoetis' value of 0.35 is 6.7% below this benchmark. Historically, Zoetis' own Dividend Payout Ratio has ranged from 0.16 to 0.31 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.38, Zoetis has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Drug Manufacturers company?
The median Dividend Payout Ratio among Drug Manufacturers companies is 0.38, based on 444 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zoetis's current Dividend Payout Ratio of 0.35 is 6.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Zoetis and its competitors. For the Drug Manufacturers industry, the median Dividend Payout Ratio is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zoetis's current Dividend Payout Ratio is 0.35, which is 67% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoetis stock overvalued right now?
Based on GuruFocus' analysis, Zoetis (MEX:ZTS) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN3,410.33, compared to a current price of MXN1,338.00 — trading 60.8% below its estimated fair value. The current Dividend Payout Ratio is 0.35, which is 67% above median its 10-year median of 0.21 and 6.7% below the Drug Manufacturers industry median of 0.38. Zoetis' overall GF Score™ is 71/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Zoetis (MEX:ZTS), the current Dividend Payout Ratio is 0.35 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zoetis (MEX:ZTS) Overvalued in 2026?

Based on GuruFocus' analysis, Zoetis stock appears to be undervalued. The current stock price of MXN1,338.00 is trading 60.8% below its estimated GF Value™ of MXN3,410.33. GuruFocus considers Zoetis to be Significantly Undervalued.

Key valuation signals for MEX:ZTS:

  • Dividend Payout Ratio: 0.35 (67% above median its 10-year median of 0.21)
  • GF Value™: MXN3,410.33 vs. price of MXN1,338.00 (60.8% below fair value)
  • GF Score™: 71/100
  • Industry Position: 6.7% below the Drug Manufacturers median (#176 of 444)

No single metric tells the full story. See the MEX:ZTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zoetis Business Description

Address 10 Sylvan Way, Parsippany, NJ, USA, 07054
Zoetis sells anti-infectives, vaccines, parasiticides, diagnostics, and other health products for animals. The firm earns roughly 35% of total revenue from production animals (cattle, pigs, poultry, and so on) and nearly 65% from companion animal (dogs, horses, cats) products. Its US business is skewed even more heavily toward companion animals, while its international business is slightly skewed toward production animals. The firm has the largest market share in the industry and was previously Pfizer's animal health unit.
71GF Score

Get the complete analysis for MEX:ZTS

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,338.00
Price
MXN3,410.33
GF Value