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Side-by-side financial comparison of Unum Group (UNM) and Zoetis (ZTS). Click either name above to swap in a different company.

Unum Group is the larger business by last-quarter revenue ($3.4B vs $2.4B, roughly 1.4× Zoetis). Zoetis runs the higher net margin — 25.3% vs 6.9%, a 18.3% gap on every dollar of revenue. On growth, Unum Group posted the faster year-over-year revenue change (8.5% vs 3.0%). Over the past eight quarters, Zoetis's revenue compounded faster (4.4% CAGR vs 1.9%).

Unum Group is an American insurance company headquartered in Chattanooga, Tennessee. Founded as Union Mutual in 1848 and known as UnumProvident from 1999–2007, the company is part of the Fortune 500. Unum Group was created by the 1999 merger of Unum Corporation and The Provident Companies and comprises four distinct businesses – Unum US, Unum UK, Unum Poland and Colonial Life. Its underwriting insurers include The Paul Revere Life Insurance Company and Provident Life and Accident Insurance Co...

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...

UNM vs ZTS — Head-to-Head

Bigger by revenue
UNM
UNM
1.4× larger
UNM
$3.4B
$2.4B
ZTS
Growing faster (revenue YoY)
UNM
UNM
+5.5% gap
UNM
8.5%
3.0%
ZTS
Higher net margin
ZTS
ZTS
18.3% more per $
ZTS
25.3%
6.9%
UNM
Faster 2-yr revenue CAGR
ZTS
ZTS
Annualised
ZTS
4.4%
1.9%
UNM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
UNM
UNM
ZTS
ZTS
Revenue
$3.4B
$2.4B
Net Profit
$232.0M
$603.0M
Gross Margin
70.2%
Operating Margin
31.9%
Net Margin
6.9%
25.3%
Revenue YoY
8.5%
3.0%
Net Profit YoY
22.7%
3.8%
EPS (diluted)
$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
UNM
UNM
ZTS
ZTS
Q1 26
$3.4B
Q4 25
$3.2B
$2.4B
Q3 25
$3.4B
$2.4B
Q2 25
$3.4B
$2.5B
Q1 25
$3.1B
$2.2B
Q4 24
$3.2B
$2.3B
Q3 24
$3.2B
$2.4B
Q2 24
$3.2B
$2.4B
Net Profit
UNM
UNM
ZTS
ZTS
Q1 26
$232.0M
Q4 25
$174.1M
$603.0M
Q3 25
$39.7M
$721.0M
Q2 25
$335.6M
$718.0M
Q1 25
$189.1M
$631.0M
Q4 24
$348.7M
$581.0M
Q3 24
$645.7M
$682.0M
Q2 24
$389.5M
$624.0M
Gross Margin
UNM
UNM
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
UNM
UNM
ZTS
ZTS
Q1 26
Q4 25
6.7%
31.9%
Q3 25
1.6%
37.0%
Q2 25
12.4%
36.7%
Q1 25
7.9%
36.5%
Q4 24
13.8%
31.6%
Q3 24
15.6%
36.6%
Q2 24
15.3%
33.0%
Net Margin
UNM
UNM
ZTS
ZTS
Q1 26
6.9%
Q4 25
5.4%
25.3%
Q3 25
1.2%
30.0%
Q2 25
10.0%
29.2%
Q1 25
6.1%
28.4%
Q4 24
10.8%
25.1%
Q3 24
20.1%
28.6%
Q2 24
12.0%
26.4%
EPS (diluted)
UNM
UNM
ZTS
ZTS
Q1 26
Q4 25
$1.06
$1.37
Q3 25
$0.23
$1.63
Q2 25
$1.92
$1.61
Q1 25
$1.06
$1.41
Q4 24
$1.91
$1.29
Q3 24
$3.46
$1.50
Q2 24
$2.05
$1.37

Balance Sheet & Financial Strength

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

Metric
UNM
UNM
ZTS
ZTS
Cash + ST InvestmentsLiquidity on hand
$2.1M
Total DebtLower is stronger
$3.8M
Stockholders' EquityBook value
$10.9M
$3.3B
Total Assets
$62.7M
$15.5B
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
UNM
UNM
ZTS
ZTS
Q1 26
$2.1M
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
UNM
UNM
ZTS
ZTS
Q1 26
$3.8M
Q4 25
$3.8B
Q3 25
$3.5B
Q2 25
$3.5B
Q1 25
$3.5B
Q4 24
$3.5B
Q3 24
$3.5B
Q2 24
$3.5B
Stockholders' Equity
UNM
UNM
ZTS
ZTS
Q1 26
$10.9M
Q4 25
$11.1B
$3.3B
Q3 25
$10.9B
$5.4B
Q2 25
$11.3B
$5.0B
Q1 25
$11.2B
$4.7B
Q4 24
$11.0B
$4.8B
Q3 24
$11.0B
$5.2B
Q2 24
$10.5B
$5.0B
Total Assets
UNM
UNM
ZTS
ZTS
Q1 26
$62.7M
Q4 25
$63.5B
$15.5B
Q3 25
$63.7B
$15.2B
Q2 25
$62.8B
$14.5B
Q1 25
$62.5B
$14.1B
Q4 24
$62.0B
$14.2B
Q3 24
$64.1B
$14.4B
Q2 24
$62.0B
$14.2B
Debt / Equity
UNM
UNM
ZTS
ZTS
Q1 26
0.35×
Q4 25
0.34×
Q3 25
0.32×
Q2 25
0.31×
Q1 25
0.31×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.33×

Cash Flow & Capital Efficiency

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

Metric
UNM
UNM
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
UNM
UNM
ZTS
ZTS
Q1 26
Q4 25
$357.9M
$893.0M
Q3 25
$-371.8M
$938.0M
Q2 25
$348.0M
$486.0M
Q1 25
$353.6M
$587.0M
Q4 24
$485.8M
$905.0M
Q3 24
$390.0M
$951.0M
Q2 24
$339.1M
$502.0M
Free Cash Flow
UNM
UNM
ZTS
ZTS
Q1 26
Q4 25
$320.1M
$732.0M
Q3 25
$-402.6M
$805.0M
Q2 25
$320.1M
$308.0M
Q1 25
$317.8M
$438.0M
Q4 24
$453.8M
$689.0M
Q3 24
$352.3M
$784.0M
Q2 24
$311.4M
$370.0M
FCF Margin
UNM
UNM
ZTS
ZTS
Q1 26
Q4 25
9.9%
30.7%
Q3 25
-11.9%
33.5%
Q2 25
9.5%
12.5%
Q1 25
10.3%
19.7%
Q4 24
14.0%
29.7%
Q3 24
11.0%
32.8%
Q2 24
9.6%
15.7%
Capex Intensity
UNM
UNM
ZTS
ZTS
Q1 26
Q4 25
1.2%
6.7%
Q3 25
0.9%
5.5%
Q2 25
0.8%
7.2%
Q1 25
1.2%
6.7%
Q4 24
1.0%
9.3%
Q3 24
1.2%
7.0%
Q2 24
0.9%
5.6%
Cash Conversion
UNM
UNM
ZTS
ZTS
Q1 26
Q4 25
2.06×
1.48×
Q3 25
-9.37×
1.30×
Q2 25
1.04×
0.68×
Q1 25
1.87×
0.93×
Q4 24
1.39×
1.56×
Q3 24
0.60×
1.39×
Q2 24
0.87×
0.80×

Financial Flow Comparison

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

Revenue Breakdown by Segment

UNM
UNM

Premium Income$2.8B83%
Other$561.2M17%

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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