Bausch Health Companies vs Zoetis
Bausch Health Companies reported revenue of $10.3 billion in fiscal 2025, about the same as Zoetis' $9.5 billion in fiscal 2025. Bausch Health Companies' revenue grew 6.7% in its latest year, and Zoetis' grew 2.3%. Free cash flow was $1.0 billion at Bausch Health Companies and $2.3 billion at Zoetis.
Side by side
| Bausch Health Companies | Zoetis | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $10.3B | $9.5B |
| Revenue growth | 6.7% | 2.3% |
| Revenue growth a year, last 5 years | 5.0% | 7.2% |
| Gross margin | — | 71.8% |
| Operating margin | 17.7% | — |
| Net margin | 1.5% | 28.2% |
| Free cash flow | $1.0B | $2.3B |
| Free cash flow margin | 9.8% | 24.1% |
| Return on capital | 4.5% | 29.3% |
| Net debt to EBITDA | 6.5x | 1.7x |
| Dividends and buybacks | $0M | $4.1B |
| Change in diluted share count | 1.9% | −2.4% |
| Last close | $6.35 | $80.97 |
| P/E at the last close | — | 13.3× |
| Insider trades, last 12 months | bought $15.6 million, sold $506,730 | bought $886,384, sold $2.5 million |
| Piotroski F-score | 7 of 8 | 8 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Bausch Health CompaniesZoetis
Operating margin
Percent of revenue
Bausch Health CompaniesZoetis
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Bausch Health CompaniesZoetis
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Bausch Health Companies and Zoetis pages.