On this page of Benford's Law Stocks.com we present our study of Zoetis Inc. — ticker symbol ZTS. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 11/7/2019 to 8/6/2024 for Zoetis Inc. under CIK number 0001555280. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for ZTS, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Zoetis Inc. based on the past ZTS filings our system processed in the past.
29.2
18.5
10.6
11.4
8.2
9.7
4.2
5.1
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, ZTS stockholder letter ]
Total numbers found: 1,112
Recent share count: 456,295,137 (4's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
1112
High count compared to other filers, with ZTS falling in the highest quartile of filers. At this number count, it would take about 11 numbers to move any given column by a full percentage point.
71

Starting from a possible score of 100, we made the following score deductions:
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 4, we canceled the penalty multiplier.
 • We deducted point upon observing the 4's percentage was above the typical coverage universe range.
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the company's typical historical range.
 • We deducted point upon observing the 7's percentage was below the company's typical historical range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was above the company's typical historical range.
 • We deducted point upon observing the 9's percentage was below the typical coverage universe range.
Benford's Law Stocks Indicator
ZTS
Low score compared to other filers, falling in the bottom quartile.
MCK
UNP
AGEN
AVRO
SD
YEXT
ADVM
AGIO
Check our work! We provide our Zoetis Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the ZTS filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 325 numbers that start with the digit 1. Here they are:
1,311
1,195
1,128
1,061
171
146
117
121
104
17
157
1,527
1,569
156
1,223
1,221
1
1,223
1,223
1.37
1.45
1.37
1.45
1,223
1,221
1
1
1
1
18
13
1
1,217
1,143
1
1,217
1,145
1,574
18
1,383
1,304
1,226
1,338
14,165
14,286
197
198
110
102
1,797
1,889
175
146
181
188
1,146
1,133
11,124
10,295
14,165
14,286
1
1,126
10,696
1
196
196
1,146
11,124
1,079
1
1
19
1
1.9
172
172
1,098
1,133
10,295
1,223
1,223
13
13
1,146
11,124
1,088
1,223
1,221
10
1,098
1,223
1,221
13
13
118
144
11
112
116
115
1,097
1
1,350
12
1,287
14
1,864
1,574
1,717
138
158
1
197
173
100
1,308
1,165
156
164
175
136
120
144
186
109
150
131
138
125
18
1,080
1,978
1,680
1,308
1,165
1,121
1,034
1,035
1,973
1,649
1,489
1,414
1,429
18
1,581
1,424
134
137
1,649
1,489
132
131
130
133
107
101
1,414
1,429
18
1,104
1,000
145
153
170
103
185
189
151
171
126
132
18
18
11
100
111
19
100
1
176
1
106
12
10
1
12
10
101
1
1
1
1
11
10
11
11
101
101
18
13
1
104
17
157
19.9
191
175
146
1.0
1.5
1.0
1.35
1.35
101
1,150
1,150
1,350
117
121
17
12
114
1,948
100
100
17
11
11
12
15
12
11
1
1
12
19
19
13
1
1
1
18
13
10
1,050
1,147
1,532
1,227
17
1,515
1,224
1,925
1,124
1,986
1,101
128
137
193
190
1,559
1,011
1,537
1,102
142
142
141
141
1,559
1,226
1,537
1,338
11
10
17
10
19
17
196.04
195.32
101,099
1
18
1
18
13
1,010
1,223
1,221
1
1,223
1,223
1.0
1.1
1.37
1.45
1.37
1.45
1,308
1,165
1,076
1,035
175
166
1
1,390
1,254
142
116
11
127
121
1,753
1,628
1,353
1,973
1,387
1,367
1,053
1,050
15
140
118
1,527
1,569
We found 206 numbers that start with the digit 2. Here they are:
2,361
2,180
288
29
25
202
2
2.68
2.64
2.67
2.64
2
2
23
2
2,041
22
2,452
2,564
2,590
2,594
222
230
2,739
2,759
206
210
206
276
25
267
271
222
237
2
2
20
22
26
26
2
2
25
2
253
241
26
22
26
20
272
2
21
2
263
296
2,296
2,041
28
26
2,471
2,170
200
265
247
222
203
2,343
2,160
20
2,361
2,180
228
206
2,471
2,170
2,042
2,714
20
2,361
2,180
2,965
2,577
2,714
271
270
257
275
20
26
20
2,361
2,180
264
244
221
261
2,343
2,160
20
2,361
2,180
2
26
25
22
24
25
29
21
26
2
24
23
22
22
22
2
2
25
20.0
23.2
22.2
206
214
209
27
2
2.000
26
2.000
2,237
25
25
250
250
28
20
26
24
24
24
2
20
2
2,452
2,564
2,759
20
2,739
24
242
246
275
270
2,570
2,639
215
215
236
236
2,785
2,875
2
21
26
266,526
27.04
240,809
268.71
26.2
200
2
23
2
28
2
2.68
2.64
2.67
2.64
232
214
204
212
21
20
25
22
299
256
2
2
237
217
2,471
2,170
2,022
2,042
2,681
2,403
274
230
20
253
241
We found 118 numbers that start with the digit 3. Here they are:
333
35
37
304
348
375
3
326
3,200
3,204
366
3
382
3.2
39.4
3
327
327
394
394
38.1
33
3.6
346
346
37
35
30
389
3
3
3
3
3
395
347
3,581
30
3
3
33
300
31
39
34
34
36
35
39
38
33
31
38
37
3,099
38
37
3,099
350
329
38
38
37
359
309
348
38
37
3
350
3
326
3
37
35
3
35
37
366
33
3.50
3
3.250
3.000
3.900
3.950
3.000
30
3.250
3.900
30
33
36
3
3
3,275
3,295
370
383
3
3
37
30.6
3.5
36
3
342
315
33
30
35
35
394
39
334
317
3
3
4's 5's 6's
We found 127 numbers that start with the digit 4. Here they are:
453,050,990
4,551
4,180
42
46
455.5
461.9
456.7
462.7
456.0
462.9
457.4
463.8
432
4
4
4
467
434
420
411
453,812,361
458,367,358
48,078,882
43,523,885
4,966
4,997
4,960
4,991
44.9
4
4
48.0
4,960
4,807
4,491
41.2
4
4,621
43.5
4,991
48.0
4,960
4,539
4,403
41.2
4
4,621
42
47
424
4
467
481
458
45
47
46
450
418
4,513
4,143
4,551
4,180
493
490
466
465
4,551
4,180
4,551
4,180
445
430
418
415
4,513
4,143
4,551
4,180
4
4
4
41
42
46
48
4.00
4.500
4.700
4.450
400
400
4,050
4.500
4
449
451
42
48
4.06
41
4
4
455.5
461.9
456.7
462.7
456.0
462.9
457.4
463.8
46
42
43
40
4
449
417
400
45
48
43
464
460
421
450
We found 91 numbers that start with the digit 5. Here they are:
581
556
59
58
5
5
59
501,891,243
501,891,243
5
5
5,597
501.9
5
5,928
5,052
538
538
501.9
5
501.9
5
501.9
5
5,126
501.9
5
5,597
5
5.0
501.9
5
501.9
5
5
501.9
5
5,126
59
50
5
5
58
53
569
530
52
55
568
545
532
5
5
55
53
56
56
55
5.400
5.600
5.400
500
500
5.600
500
500
500
500
57
500
59
58
5.600
575
5
5
5
536
5
5
50.98
5
518
515
5
59
53
587
5
5
52,000
We found 108 numbers that start with the digit 6. Here they are:
668
607
624
670
624
671
624
670
66
67
6
620
603
620
604
6,202
6,343
683
6,563
6,564
6,000,000,000
6,464
6
6
6
624
624
6,464
6
671
670
67
67
6
6
6
6,464
6
612
612
6
65
607
62
68
68
64
61
65
64
63
694
671
68
65
62
694
671
600
651
65
64
6
6
60
600
600
600
6,650
6,650
60
6,563
6,564
6,057
6,319
6,650
6
650
650
650
600
67
67
6
6
6
6
6
623
6
6
66
624
670
624
671
693
680
67.0
68.3
655
606
67.9
69.3
65
62
68
6
7's 8's 9's
We found 47 numbers that start with the digit 7. Here they are:
72
74
780
750
7
78
704
78
78
732
7
75
70
78
75
76
77
73
741
728
781
74
7
7
750
750
750
750
750
750
750
750
750
750
7
7
7
78
7
739
7
70
780
72
72
79
76
We found 57 numbers that start with the digit 8. Here they are:
8
872
864
82
845
839
841
845
828
8
895
839
880
880
845
8,668
817
895
82
88
8
8
872
8
83
82
84
86
897
859
84
8
8
8
801
885
82
80
88
88
86
88
85
839
84
845
817
87
895
82.3
81.6
872
872
81.8
80.8
82
85
We found 33 numbers that start with the digit 9. Here they are:
93
9,205
9,295
9,045
9,543
9,543
93
99
91
98
90
959
921
939
995
96
9
9
93
99
9
9
953
966
95
944
967
90
944
951
995
90
93
While the above ZTS 10Q Filed 8/6/2024 is interesting in isolation, we have found that it is also useful to take a look at older Zoetis Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 8/6/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical ZTS 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

29.2
18.5
10.6
11.4
8.2
9.7
4.2
5.1
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 71
XBRL?   [ original filing ]
Total numbers found: 1,112

= Typical ZTS range from 11/7/2019 to 8/6/2024
28.6
17.3
12.0
11.5
9.5
6.9
5.0
5.1
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,129

= Typical ZTS range from 11/7/2019 to 8/6/2024
30.7
19.4
13.2
10.8
7.0
5.7
5.5
4.5
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,496

= Typical ZTS range from 11/7/2019 to 8/6/2024
32.8
14.3
13.2
9.2
10.0
6.8
7.3
1.8
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 64
XBRL?   [ original filing ]
Total numbers found: 740

= Typical ZTS range from 11/7/2019 to 8/6/2024
31.9
17.7
12.2
8.7
9.5
6.7
5.7
4.4
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 1,098

= Typical ZTS range from 11/7/2019 to 8/6/2024
30.8
18.7
9.7
12.7
9.0
6.9
5.0
3.8
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 1,097

= Typical ZTS range from 11/7/2019 to 8/6/2024
30.9
15.5
13.0
9.5
9.0
7.2
6.0
4.6
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 1,571

= Typical ZTS range from 11/7/2019 to 8/6/2024
30.9
18.7
8.7
9.2
10.9
7.3
5.6
5.4
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 737

= Typical ZTS range from 11/7/2019 to 8/6/2024
28.4
18.3
11.1
11.7
8.2
7.8
5.2
4.8
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,115

= Typical ZTS range from 11/7/2019 to 8/6/2024
29.4
16.4
13.9
10.7
10.3
6.5
5.6
4.2
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,097

= Typical ZTS range from 11/7/2019 to 8/6/2024
31.5
17.3
13.4
10.5
6.6
7.2
5.9
4.1
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,482

= Typical ZTS range from 11/7/2019 to 8/6/2024
30.9
16.6
11.7
10.1
9.0
8.2
6.3
3.2
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 742

= Typical ZTS range from 11/7/2019 to 8/6/2024
30.8
15.7
12.1
9.3
10.3
5.5
8.1
4.9
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL?   [ original filing ]
Total numbers found: 1,067

= Typical ZTS range from 11/7/2019 to 8/6/2024
32.3
17.2
11.3
11.9
7.7
6.3
5.7
3.9
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,162

= Typical ZTS range from 11/7/2019 to 8/6/2024
29.1
20.6
12.0
11.1
7.4
5.9
5.7
4.8
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,513

= Typical ZTS range from 11/7/2019 to 8/6/2024
32.0
17.0
10.1
10.0
9.3
6.8
6.8
3.4
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 760

= Typical ZTS range from 11/7/2019 to 8/6/2024
30.6
18.4
12.2
10.4
8.8
7.1
5.2
3.6
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 1,091

= Typical ZTS range from 11/7/2019 to 8/6/2024
31.5
16.3
11.8
11.5
9.5
7.8
4.9
3.1
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 1,084

= Typical ZTS range from 11/7/2019 to 8/6/2024
31.9
17.2
12.8
9.0
7.8
8.4
5.8
4.0
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 1,508

= Typical ZTS range from 11/7/2019 to 8/6/2024
31.3
17.2
10.7
10.6
10.1
6.5
7.0
3.4
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 726

= Typical ZTS range from 11/7/2019 to 8/6/2024
 

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