vs

Side-by-side financial comparison of SEALED AIR CORP (SEE) and Zoetis (ZTS). Click either name above to swap in a different company.

Zoetis is the larger business by last-quarter revenue ($2.4B vs $1.4B, roughly 1.7× SEALED AIR CORP). Zoetis runs the higher net margin — 25.3% vs 3.1%, a 22.1% gap on every dollar of revenue. On growth, Zoetis posted the faster year-over-year revenue change (3.0% vs 2.6%). Zoetis produced more free cash flow last quarter ($732.0M vs $257.7M). Over the past eight quarters, Zoetis's revenue compounded faster (4.4% CAGR vs 2.7%).

Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.

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...

SEE vs ZTS — Head-to-Head

Bigger by revenue
ZTS
ZTS
1.7× larger
ZTS
$2.4B
$1.4B
SEE
Growing faster (revenue YoY)
ZTS
ZTS
+0.4% gap
ZTS
3.0%
2.6%
SEE
Higher net margin
ZTS
ZTS
22.1% more per $
ZTS
25.3%
3.1%
SEE
More free cash flow
ZTS
ZTS
$474.3M more FCF
ZTS
$732.0M
$257.7M
SEE
Faster 2-yr revenue CAGR
ZTS
ZTS
Annualised
ZTS
4.4%
2.7%
SEE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SEE
SEE
ZTS
ZTS
Revenue
$1.4B
$2.4B
Net Profit
$43.8M
$603.0M
Gross Margin
28.6%
70.2%
Operating Margin
11.4%
31.9%
Net Margin
3.1%
25.3%
Revenue YoY
2.6%
3.0%
Net Profit YoY
700.0%
3.8%
EPS (diluted)
$0.30
$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
SEE
SEE
ZTS
ZTS
Q4 25
$1.4B
$2.4B
Q3 25
$1.3B
$2.4B
Q2 25
$1.3B
$2.5B
Q1 25
$1.3B
$2.2B
Q4 24
$1.4B
$2.3B
Q3 24
$1.3B
$2.4B
Q2 24
$1.3B
$2.4B
Q1 24
$1.3B
$2.2B
Net Profit
SEE
SEE
ZTS
ZTS
Q4 25
$43.8M
$603.0M
Q3 25
$255.1M
$721.0M
Q2 25
$93.1M
$718.0M
Q1 25
$113.5M
$631.0M
Q4 24
$-7.3M
$581.0M
Q3 24
$91.7M
$682.0M
Q2 24
$98.3M
$624.0M
Q1 24
$82.0M
$599.0M
Gross Margin
SEE
SEE
ZTS
ZTS
Q4 25
28.6%
70.2%
Q3 25
29.8%
71.5%
Q2 25
30.7%
73.6%
Q1 25
30.9%
72.0%
Q4 24
30.0%
69.5%
Q3 24
30.1%
70.6%
Q2 24
31.2%
71.7%
Q1 24
30.3%
70.6%
Operating Margin
SEE
SEE
ZTS
ZTS
Q4 25
11.4%
31.9%
Q3 25
13.8%
37.0%
Q2 25
15.0%
36.7%
Q1 25
14.5%
36.5%
Q4 24
11.7%
31.6%
Q3 24
13.9%
36.6%
Q2 24
15.4%
33.0%
Q1 24
14.0%
34.1%
Net Margin
SEE
SEE
ZTS
ZTS
Q4 25
3.1%
25.3%
Q3 25
19.0%
30.0%
Q2 25
7.0%
29.2%
Q1 25
9.0%
28.4%
Q4 24
-0.5%
25.1%
Q3 24
6.9%
28.6%
Q2 24
7.4%
26.4%
Q1 24
6.2%
27.4%
EPS (diluted)
SEE
SEE
ZTS
ZTS
Q4 25
$0.30
$1.37
Q3 25
$1.73
$1.63
Q2 25
$0.63
$1.61
Q1 25
$0.77
$1.41
Q4 24
$-0.05
$1.29
Q3 24
$0.63
$1.50
Q2 24
$0.67
$1.37
Q1 24
$0.56
$1.31

Balance Sheet & Financial Strength

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

Metric
SEE
SEE
ZTS
ZTS
Cash + ST InvestmentsLiquidity on hand
$344.0M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$1.2B
$3.3B
Total Assets
$7.0B
$15.5B
Debt / EquityLower = less leverage
2.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SEE
SEE
ZTS
ZTS
Q4 25
$344.0M
Q3 25
$282.5M
$2.1B
Q2 25
$354.4M
$1.4B
Q1 25
$335.2M
$1.7B
Q4 24
$371.8M
$2.0B
Q3 24
$386.0M
$1.7B
Q2 24
$388.6M
$1.6B
Q1 24
$352.8M
$2.0B
Total Debt
SEE
SEE
ZTS
ZTS
Q4 25
$3.3B
Q3 25
$4.0B
Q2 25
$4.0B
Q1 25
$4.2B
Q4 24
$4.2B
Q3 24
$4.3B
Q2 24
$4.4B
Q1 24
$4.5B
Stockholders' Equity
SEE
SEE
ZTS
ZTS
Q4 25
$1.2B
$3.3B
Q3 25
$1.2B
$5.4B
Q2 25
$953.1M
$5.0B
Q1 25
$797.9M
$4.7B
Q4 24
$624.5M
$4.8B
Q3 24
$771.2M
$5.2B
Q2 24
$650.1M
$5.0B
Q1 24
$598.3M
$5.1B
Total Assets
SEE
SEE
ZTS
ZTS
Q4 25
$7.0B
$15.5B
Q3 25
$7.1B
$15.2B
Q2 25
$7.2B
$14.5B
Q1 25
$7.0B
$14.1B
Q4 24
$7.0B
$14.2B
Q3 24
$7.3B
$14.4B
Q2 24
$7.3B
$14.2B
Q1 24
$7.2B
$14.3B
Debt / Equity
SEE
SEE
ZTS
ZTS
Q4 25
2.65×
Q3 25
3.34×
Q2 25
4.18×
Q1 25
5.26×
Q4 24
6.72×
Q3 24
5.62×
Q2 24
6.81×
Q1 24
7.49×

Cash Flow & Capital Efficiency

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

Metric
SEE
SEE
ZTS
ZTS
Operating Cash FlowLast quarter
$293.6M
$893.0M
Free Cash FlowOCF − Capex
$257.7M
$732.0M
FCF MarginFCF / Revenue
18.5%
30.7%
Capex IntensityCapex / Revenue
2.6%
6.7%
Cash ConversionOCF / Net Profit
6.70×
1.48×
TTM Free Cash FlowTrailing 4 quarters
$458.5M
$2.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SEE
SEE
ZTS
ZTS
Q4 25
$293.6M
$893.0M
Q3 25
$165.9M
$938.0M
Q2 25
$136.6M
$486.0M
Q1 25
$31.9M
$587.0M
Q4 24
$244.2M
$905.0M
Q3 24
$170.5M
$951.0M
Q2 24
$188.2M
$502.0M
Q1 24
$125.1M
$595.0M
Free Cash Flow
SEE
SEE
ZTS
ZTS
Q4 25
$257.7M
$732.0M
Q3 25
$119.6M
$805.0M
Q2 25
$93.2M
$308.0M
Q1 25
$-12.0M
$438.0M
Q4 24
$185.1M
$689.0M
Q3 24
$115.2M
$784.0M
Q2 24
$129.5M
$370.0M
Q1 24
$78.0M
$455.0M
FCF Margin
SEE
SEE
ZTS
ZTS
Q4 25
18.5%
30.7%
Q3 25
8.9%
33.5%
Q2 25
7.0%
12.5%
Q1 25
-0.9%
19.7%
Q4 24
13.6%
29.7%
Q3 24
8.6%
32.8%
Q2 24
9.7%
15.7%
Q1 24
5.9%
20.8%
Capex Intensity
SEE
SEE
ZTS
ZTS
Q4 25
2.6%
6.7%
Q3 25
3.4%
5.5%
Q2 25
3.3%
7.2%
Q1 25
3.5%
6.7%
Q4 24
4.4%
9.3%
Q3 24
4.1%
7.0%
Q2 24
4.4%
5.6%
Q1 24
3.6%
6.4%
Cash Conversion
SEE
SEE
ZTS
ZTS
Q4 25
6.70×
1.48×
Q3 25
0.65×
1.30×
Q2 25
1.47×
0.68×
Q1 25
0.28×
0.93×
Q4 24
1.56×
Q3 24
1.86×
1.39×
Q2 24
1.91×
0.80×
Q1 24
1.53×
0.99×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SEE
SEE

Protective Segment$1.1B78%
Other$292.0M21%
Pension Plans Defined Benefit$7.9M1%

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%

Related Comparisons