What is Zoetis Inc's ROI in the second quarter of 2024?
Zoetis Inc achieved a return on average invested assets (ROI) of
18.86 % in its second quarter of 2024, which is below Zoetis Inc's average return on investment, which stands at 22.3%.
ROI fell compared to the first quarter of 2024, despite the net income growth of 4.17% from the first quarter of 2024.
Within the
Healthcare sector 28 other companies had a higher return on investment. While Return on investment, overall ranking has progressed in the Jun 30 2024 quarter, so far to
245, from total ROI ranking in the first quarter of 2024 at
270.
Definition and Formula of Return on Investment
| Return On Investment |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Investment Change TTM |
7.16 % |
9.29 % |
10.44 % |
8.15 % |
1.04 % |
| Y / Y Net Income Change TTM |
6.02 % |
15.47 % |
54.25 % |
115.42 % |
317.58 % |
| Investment (TTM) in Millions |
12,362 |
12,433 |
12,391 |
12,494 |
11,976 |
| Return On Investment (TTM) |
18.86 % |
19.38 % |
19.22 % |
18.95 % |
19.06 % |
| ZTS's Overall
Ranking |
# 245 |
# 270 |
# 308 |
# 353 |
# 373 |
| Seq. Investment Change TTM |
0.78 % |
1.23 % |
1.32 % |
3.67 % |
2.79 % |
| Seq. Net Income Change TTM |
-1.93 % |
2.05 % |
2.77 % |
3.08 % |
6.82 % |
| Net Income (TTM) in Millions |
2,342 |
2,388 |
2,340 |
2,277 |
2,209 |
