Teva Pharmaceuticals vs Zoetis
Teva Pharmaceuticals reported revenue of $17.3 billion in fiscal 2025, 1.8 times Zoetis' $9.5 billion in fiscal 2025. Teva Pharmaceuticals' revenue grew 4.3% in its latest year, and Zoetis' grew 2.3%. Free cash flow was $1.1 billion at Teva Pharmaceuticals and $2.3 billion at Zoetis.
Side by side
| Teva Pharmaceuticals | Zoetis | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $17.3B | $9.5B |
| Revenue growth | 4.3% | 2.3% |
| Revenue growth a year, last 5 years | 0.7% | 7.2% |
| Gross margin | 51.8% | 71.8% |
| Operating margin | 12.5% | — |
| Net margin | 8.2% | 28.2% |
| Free cash flow | $1.1B | $2.3B |
| Free cash flow margin | 6.7% | 24.1% |
| Return on capital | 10.5% | 29.3% |
| Net debt to EBITDA | 4.2x | 1.7x |
| Dividends and buybacks | $0M | $4.1B |
| Change in diluted share count | 2.8% | −2.4% |
| Last close | $39.95 | $80.97 |
| P/E at the last close | 66.6× | 13.3× |
| Insider trades, last 12 months | sold $112.7 million | bought $886,384, sold $2.5 million |
| Piotroski F-score | 8 of 9 | 8 of 9 |
Amounts in each company's own currency, US$ 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
Teva PharmaceuticalsZoetis
Operating margin
Percent of revenue
Teva PharmaceuticalsZoetis
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Teva PharmaceuticalsZoetis
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 Teva Pharmaceuticals and Zoetis pages.