Elanco Animal Health [ELAN] vs Zoetis [ZTS] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: Elanco Animal Health Inc. wins in 6 metrics, Zoetis Inc. wins in 14 metrics, with 0 ties. Zoetis Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Elanco Animal Health Inc. Zoetis Inc. Better
P/E Ratio (TTM) 377.14 19.58 Zoetis Inc.
Price-to-Book Ratio 1.72 15.04 Elanco Animal Health Inc.
Debt-to-Equity Ratio 67.89 279.59 Elanco Animal Health Inc.
PEG Ratio 0.14 2.81 Elanco Animal Health Inc.
EV/EBITDA 16.68 13.96 Zoetis Inc.
Profit Margin (TTM) -4.92% 28.24% Zoetis Inc.
Operating Margin (TTM) 2.27% 34.69% Zoetis Inc.
EBITDA Margin (TTM) 2.27% 34.69% Zoetis Inc.
Return on Equity -3.67% 65.99% Zoetis Inc.
Return on Assets (TTM) 1.25% 15.26% Zoetis Inc.
Free Cash Flow (TTM) $284.00M $2.28B Zoetis Inc.
Dividend Yield N/A 1.21% N/A
1-Year Return 70.00% -53.31% Elanco Animal Health Inc.
Price-to-Sales Ratio (TTM) 2.39 5.26 Elanco Animal Health Inc.
Enterprise Value $15.14B $56.75B Zoetis Inc.
EV/Revenue Ratio 3.21 6.00 Elanco Animal Health Inc.
Gross Profit Margin (TTM) 51.49% 70.17% Zoetis Inc.
Revenue per Share (TTM) $10 $21 Zoetis Inc.
Earnings per Share (Diluted) $-0.47 $6.02 Zoetis Inc.
Beta (Stock Volatility) 1.88 0.97 Zoetis Inc.
Short % of Float 8.13% 4.06% Zoetis Inc.

Elanco Animal Health Inc. vs Zoetis Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Elanco Animal Health Inc.0.50%-2.67%10.73%2.56%13.07%6.79%
Zoetis Inc.1.51%2.25%-29.41%-35.01%-33.05%-36.91%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Elanco Animal Health Inc.70.00%160.82%-29.88%-30.70%-30.70%-30.70%
Zoetis Inc.-53.31%-51.29%-56.40%67.63%156.18%156.18%

Performance & Financial Health Analysis: Elanco Animal Health Inc. vs Zoetis Inc.

MetricELANZTS
Market Information
Market Cap i$11.18B$49.75B
Market Cap CategoryLarge capLarge cap
10 Day Avg. Volume i4,096,5392,727,710
90 Day Avg. Volume i5,352,8903,835,940
Last Close$24.17$167.10
52 Week Range$13.16 - $27.72$139.70 - $200.33
% from 52W High-12.81%-16.59%
All-Time High$37.61 (Sep 24, 2018)$249.27 (Dec 27, 2021)
% from All-Time High-35.74%-32.96%
Growth Metrics
Quarterly Revenue Growth0.12%0.03%
Quarterly Earnings Growth0.12%0.04%
Financial Health
Profit Margin (TTM) i-0.05%0.28%
Operating Margin (TTM) i0.02%0.35%
Return on Equity (TTM) i-0.04%0.66%
Debt to Equity (MRQ) i67.89279.59
Cash & Liquidity
Book Value per Share (MRQ)$13.17$7.84
Cash per Share (MRQ)$1.10$5.48
Operating Cash Flow (TTM) i$560.00M$2.90B
Levered Free Cash Flow (TTM) i$559.75M$1.79B
Dividends
Last 12-Month Dividend Yield iN/A1.21%
Last 12-Month Dividend iN/A$2.03

Valuation & Enterprise Metrics Analysis: Elanco Animal Health Inc. vs Zoetis Inc.

MetricELAN (Apr 23, 2026)ZTS (Apr 13, 2026)
Price Ratios
P/E Ratio (TTM) i377.1419.58
Forward P/E i19.3515.61
PEG Ratio i0.142.81
Price to Sales (TTM) i2.395.26
Price to Book (MRQ) i1.7215.04
Market Capitalization
Market Capitalization i$11.18B$49.75B
Enterprise Value i$15.14B$56.75B
Enterprise Value Metrics
Enterprise to Revenue i3.216.00
Enterprise to EBITDA i16.6813.96
Risk & Other Metrics
Beta i1.880.97
Book Value per Share (MRQ) i$13.17$7.84

Financial Statements Comparison: Elanco Animal Health Inc. vs Zoetis Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricELAN (2025)ZTS (2025)
Revenue/Sales i4.72B9.47B
Cost of Goods Sold i2.12B2.67B
COGS % of Revenue i45.0%28.2%
Gross Profit i2.59B6.80B
Gross Margin i55.0%71.8%
Research & Development i368.00M698.00M
Operating Income (EBIT) i252.00M3.60B
Operating Margin i5.3%38.0%
EBITDA i913.00M4.17B
EBITDA Margin i19.4%44.1%
Pre-Tax Income i-224.00M3.36B
Pre-Tax Income % of Revenue i-4.8%35.5%
Income Tax i8.00M687.00M
Income Tax % of Revenue i0.2%7.3%
Net Income (Profit) i-232.00M2.67B
Profit Margin i-4.9%28.2%

Balance Sheet & Liquidity Metrics

MetricELAN (2025)ZTS (2025)
Cash & Equivalents i545.00M2.31B
Total Current Assets i3.46B6.77B
Total Current Assets % of Revenue i73.3%71.5%
Total Current Liabilities i1.60B2.24B
Total Current Liabilities % of Revenue i33.9%23.6%
Long-Term Debt i3.94B9.24B
Long-Term Debt % of Revenue i83.6%97.6%
Total Shareholders Equity i6.55B3.33B
Retained Earnings i-2.18B13.74B
Retained Earnings % of Revenue i-46.3%145.2%
Property, Plant & Equipment i1.33B288.00M

Cash Flow Statement Comparison

MetricELAN (2025)ZTS (2025)
Operating Cash Flow i489.00M2.78B
Operating Cash Flow % of Revenue i10.4%29.3%
Capital Expenditures i-276.00MN/A
Free Cash Flow i284.00M2.28B
FCF Margin i6.0%24.1%
Debt Repayment i-2.92B-1.35B
Common Stock Repurchase iN/A-3.24B

Short Interest & Institutional Ownership Analysis

MetricELANZTS
Shares Short i25.54M15.12M
Short Ratio i4.533.60
Short % of Float i8.13%4.06%
Shares Outstanding i496.98M424.93M
Float Shares i492.68M421.29M
% Held by Insiders i1.19%0.15%
% Held by Institutions i109.45%101.50%
% Held by Public i-10.64%-1.65%

Dividend Analysis & Yield Comparison: Elanco Animal Health Inc. vs Zoetis Inc.

MetricELANZTS
Last 12-Month Dividend iN/A$2.03
Last 12-Month Dividend Yield iN/A1.21%
3-Year Avg Annual Dividend iN/A$1.80
3-Year Avg Dividend Yield iN/A0.29%
3-Year Total Dividends iN/A$5.39
Ex-Dividend DateN/AJan 20, 2026