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Side-by-side financial comparison of Huntington Bancshares (HBAN) and Zoetis (ZTS). Click either name above to swap in a different company.

Huntington Bancshares is the larger business by last-quarter revenue ($2.6B vs $2.4B, roughly 1.1× Zoetis). Zoetis runs the higher net margin — 25.3% vs 20.2%, a 5.1% gap on every dollar of revenue. On growth, Huntington Bancshares posted the faster year-over-year revenue change (34.0% vs 3.0%). Over the past eight quarters, Huntington Bancshares's revenue compounded faster (168.3% CAGR vs 4.4%).

Huntington Bancshares Incorporated is an American bank holding company headquartered in Columbus, Ohio. Its banking subsidiary, The Huntington National Bank, operates 1,047 banking offices, primarily in the Midwest: 459 in Ohio, 290 in Michigan, 80 in Minnesota, 51 in Pennsylvania, 45 in Indiana, 35 in Illinois, 32 in Colorado, 29 in West Virginia, 16 in Wisconsin, 10 in Kentucky, and one in North Carolina.

Zoetis Inc. (/zō-EH-tis/) is an American drug company, the world's largest producer of medicine and vaccinations for pets and livestock. The company was a subsidiary of Pfizer, the world's largest drug maker, but with Pfizer's spinoff of its 83% interest in the firm it is now a completely independent company. The company directly markets its products in approximately 45 countries, and sells them in more than 100 countries. Operations outside the United States accounted for 50% of the total re...

HBAN vs ZTS — Head-to-Head

Bigger by revenue
HBAN
HBAN
1.1× larger
HBAN
$2.6B
$2.4B
ZTS
Growing faster (revenue YoY)
HBAN
HBAN
+30.9% gap
HBAN
34.0%
3.0%
ZTS
Higher net margin
ZTS
ZTS
5.1% more per $
ZTS
25.3%
20.2%
HBAN
Faster 2-yr revenue CAGR
HBAN
HBAN
Annualised
HBAN
168.3%
4.4%
ZTS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HBAN
HBAN
ZTS
ZTS
Revenue
$2.6B
$2.4B
Net Profit
$523.0M
$603.0M
Gross Margin
70.2%
Operating Margin
0.4%
31.9%
Net Margin
20.2%
25.3%
Revenue YoY
34.0%
3.0%
Net Profit YoY
0.8%
3.8%
EPS (diluted)
$0.25
$1.37

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HBAN
HBAN
ZTS
ZTS
Q1 26
$2.6B
Q4 25
$410.0M
$2.4B
Q3 25
$424.0M
$2.4B
Q2 25
$377.0M
$2.5B
Q1 25
$351.0M
$2.2B
Q4 24
$410.0M
$2.3B
Q3 24
$362.0M
$2.4B
Q2 24
$360.0M
$2.4B
Net Profit
HBAN
HBAN
ZTS
ZTS
Q1 26
$523.0M
Q4 25
$519.0M
$603.0M
Q3 25
$629.0M
$721.0M
Q2 25
$536.0M
$718.0M
Q1 25
$527.0M
$631.0M
Q4 24
$530.0M
$581.0M
Q3 24
$517.0M
$682.0M
Q2 24
$474.0M
$624.0M
Gross Margin
HBAN
HBAN
ZTS
ZTS
Q1 26
Q4 25
70.2%
Q3 25
71.5%
Q2 25
73.6%
Q1 25
72.0%
Q4 24
69.5%
Q3 24
70.6%
Q2 24
71.7%
Operating Margin
HBAN
HBAN
ZTS
ZTS
Q1 26
0.4%
Q4 25
31.9%
Q3 25
37.0%
Q2 25
36.7%
Q1 25
36.5%
Q4 24
31.6%
Q3 24
36.6%
Q2 24
33.0%
Net Margin
HBAN
HBAN
ZTS
ZTS
Q1 26
20.2%
Q4 25
126.6%
25.3%
Q3 25
148.3%
30.0%
Q2 25
142.2%
29.2%
Q1 25
150.1%
28.4%
Q4 24
129.3%
25.1%
Q3 24
142.8%
28.6%
Q2 24
131.7%
26.4%
EPS (diluted)
HBAN
HBAN
ZTS
ZTS
Q1 26
$0.25
Q4 25
$0.30
$1.37
Q3 25
$0.41
$1.63
Q2 25
$0.34
$1.61
Q1 25
$0.34
$1.41
Q4 24
$0.33
$1.29
Q3 24
$0.33
$1.50
Q2 24
$0.30
$1.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HBAN
HBAN
ZTS
ZTS
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$23.5B
Stockholders' EquityBook value
$32.6B
$3.3B
Total Assets
$285.4B
$15.5B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HBAN
HBAN
ZTS
ZTS
Q1 26
Q4 25
Q3 25
$2.1B
Q2 25
$1.4B
Q1 25
$1.7B
Q4 24
$2.0B
Q3 24
$1.7B
Q2 24
$1.6B
Total Debt
HBAN
HBAN
ZTS
ZTS
Q1 26
$23.5B
Q4 25
$17.2B
Q3 25
$17.3B
Q2 25
$17.5B
Q1 25
$18.1B
Q4 24
$16.4B
Q3 24
$15.7B
Q2 24
$16.5B
Stockholders' Equity
HBAN
HBAN
ZTS
ZTS
Q1 26
$32.6B
Q4 25
$24.3B
$3.3B
Q3 25
$22.2B
$5.4B
Q2 25
$20.9B
$5.0B
Q1 25
$20.4B
$4.7B
Q4 24
$19.7B
$4.8B
Q3 24
$20.6B
$5.2B
Q2 24
$19.5B
$5.0B
Total Assets
HBAN
HBAN
ZTS
ZTS
Q1 26
$285.4B
Q4 25
$225.1B
$15.5B
Q3 25
$210.2B
$15.2B
Q2 25
$207.7B
$14.5B
Q1 25
$209.6B
$14.1B
Q4 24
$204.2B
$14.2B
Q3 24
$200.5B
$14.4B
Q2 24
$196.3B
$14.2B
Debt / Equity
HBAN
HBAN
ZTS
ZTS
Q1 26
0.72×
Q4 25
0.71×
Q3 25
0.78×
Q2 25
0.83×
Q1 25
0.89×
Q4 24
0.83×
Q3 24
0.76×
Q2 24
0.84×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HBAN
HBAN
ZTS
ZTS
Operating Cash FlowLast quarter
$893.0M
Free Cash FlowOCF − Capex
$732.0M
FCF MarginFCF / Revenue
30.7%
Capex IntensityCapex / Revenue
6.7%
Cash ConversionOCF / Net Profit
1.48×
TTM Free Cash FlowTrailing 4 quarters
$2.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HBAN
HBAN
ZTS
ZTS
Q1 26
Q4 25
$928.0M
$893.0M
Q3 25
$487.0M
$938.0M
Q2 25
$554.0M
$486.0M
Q1 25
$513.0M
$587.0M
Q4 24
$1.5B
$905.0M
Q3 24
$-438.0M
$951.0M
Q2 24
$305.0M
$502.0M
Free Cash Flow
HBAN
HBAN
ZTS
ZTS
Q1 26
Q4 25
$810.0M
$732.0M
Q3 25
$446.0M
$805.0M
Q2 25
$500.0M
$308.0M
Q1 25
$459.0M
$438.0M
Q4 24
$1.5B
$689.0M
Q3 24
$-480.0M
$784.0M
Q2 24
$263.0M
$370.0M
FCF Margin
HBAN
HBAN
ZTS
ZTS
Q1 26
Q4 25
197.6%
30.7%
Q3 25
105.2%
33.5%
Q2 25
132.6%
12.5%
Q1 25
130.8%
19.7%
Q4 24
355.4%
29.7%
Q3 24
-132.6%
32.8%
Q2 24
73.1%
15.7%
Capex Intensity
HBAN
HBAN
ZTS
ZTS
Q1 26
Q4 25
28.8%
6.7%
Q3 25
9.7%
5.5%
Q2 25
14.3%
7.2%
Q1 25
15.4%
6.7%
Q4 24
6.6%
9.3%
Q3 24
11.6%
7.0%
Q2 24
11.7%
5.6%
Cash Conversion
HBAN
HBAN
ZTS
ZTS
Q1 26
Q4 25
1.79×
1.48×
Q3 25
0.77×
1.30×
Q2 25
1.03×
0.68×
Q1 25
0.97×
0.93×
Q4 24
2.80×
1.56×
Q3 24
-0.85×
1.39×
Q2 24
0.64×
0.80×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HBAN
HBAN

Segment breakdown not available.

ZTS
ZTS

Other$1.3B56%
Livestock$234.0M10%
Pain Sedation$209.0M9%
Other Pharmaceuticals$188.0M8%
Swine$125.0M5%
Poultry$117.0M5%
Fish$81.0M3%
Other Non Pharmaceuticals$70.0M3%
Manufactured Product Other$18.0M1%
Medicated Feed Additives$12.0M1%

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