Record-Breaking Revenue and Growth
Zoetis reported $9.3 billion in revenue for 2024, growing 8% on a reported basis and 11% operationally. Adjusted net income grew 10% on a reported basis and 15% operationally to $2.7 billion.
Strong Performance in Companion Animal Portfolio
Companion animal portfolio grew 14% operationally. The Simparica franchise posted $1.4 billion in revenue, growing 28% operationally, and Librela and Solensia reported combined revenue of $581 million globally, growing 80% operationally.
Dermatology Franchise Growth
Dermatology franchise grew 17% operationally, generating $1.6 billion in revenue. Significant market expansion opportunities with 20 million untreated or undertreated dogs.
Livestock Portfolio Exceeds Expectations
Livestock portfolio delivered 5% operational revenue growth, exceeding initial expectations of 2% to 4% annual industry growth, with 7% growth on an organic operational basis.
Successful Product Launches
Librela's US launch became the most successful in Zoetis' history, reaching blockbuster status in less than four quarters.