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 2/13/2020 to 11/4/2024 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.
29.8
17.0
9.4
12.0
10.4
8.8
4.7
4.8
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, ZTS stockholder letter ]
Total numbers found: 1,115
Recent share count: 453,050,990 (4's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
1115
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.
87

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 3's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 3's percentage was below the company's typical historical range.
 • 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 points upon observing the 4's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 4's percentage was above the company's typical historical range.
 • We deducted points upon observing the 5's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 5's percentage was above the company's typical historical range.
 • We deducted points upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 6's percentage was above the company's typical historical range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
Benford's Law Stocks Indicator
ZTS
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
TOST
UMH
ACVA
AZPN
UFI
VMI
AAON
ALRM
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 332 numbers that start with the digit 1. Here they are:
1,833
1,693
1,586
167
152
107
112
16
174
180
16
1
151
182
121
1,915
1,817
10
10
1,905
1,819
1.51
1.29
1.50
1.29
1,915
1,817
1
1
1
1
18
1
12
1,903
1,820
10
10
1,893
1,822
1,714
19
18
1,411
1,304
1,186
1,338
14,357
14,286
198
110
115
102
1,702
1,889
172
146
181
188
1,163
1,133
11,806
10,295
14,357
14,286
1,146
11,124
10
17
19
1,163
11,806
1,098
18
1
1.4
1,116
10,140
1,133
10,295
1,905
10
1,915
12
12
15
1,307
1,307
1,163
11,806
1,088
1,819
1,817
1
1,116
10,140
1,915
1,817
16
118
186
11
134
113
14
119
10
1,456
155
11
1
1,350
10
18
1,305
1,915
19
1,827
1,714
1,754
1
12
100
1,346
1,174
101
101
183
109
111
102
166
148
109
120
129
119
100
148
127
187
1,068
1,346
1,174
1,662
1,540
1,401
1,389
1,021
1,609
1,414
1,551
1,354
192
197
1,609
1,414
1,132
1,102
139
127
131
129
177
158
1,634
1,465
1,365
1,308
1,234
1,048
147
169
166
101
188
193
11
100
111
19
100
1
162
108
12
10
11
1
12
10
101
1
11
1
1
16
1
11
17
1
1
101
19
10
16
1
151
16.9
172
146
1.0
1.5
1.0
1.35
1.35
101
1,150
1,150
1,350
174
180
19
114
1,965
1,948
100
17
11
14
11
12
12
17
11
17
1
19
19
12
13
11
16
12
18
12
14
1,049
1,147
1,532
1,227
17
15
1,515
1,229
1,931
1,164
1,986
1,101
125
137
196
190
1,605
1,537
1,102
141
141
141
141
1,605
1,186
1,537
1,338
128
141
10
10
16
10
18
17
1
195.84
195.10
101,099
1
18
12
13
1,915
1,817
10
10
1,905
1,819
1.1
1.1
1.51
1.29
1.50
1.29
1,346
1,174
1,088
199
19
1,021
157
156
1
1
1,431
1,237
137
124
1
1
121
124
1
1
1,595
1,543
138
125
107
124
107
118
12
191
We found 189 numbers that start with the digit 2. Here they are:
2,388
2,151
2,012
2,401
2,286
2
2
23
21
2
2
2,041
2,416
2,564
2,657
2,594
223
230
2,744
2,759
206
215
206
26
274
271
220
237
2
2
2.3
2
28
252
252
2
2
28
27
22
27
2,048
23
2
2
2,712
2,041
205
225
239
248
276
202
205
255
26
230
209
220
2,367
2,130
21
21
2,388
2,151
2,588
278
266
2,929
2,172
2,145
21
21
2,388
2,151
27
29
2,172
2,145
21
21
2,388
2,151
274
264
219
286
284
242
257
2,367
2,130
21
21
2,388
2,151
21
2
2
26
2
26
22
24
2
28
26
2
2
23
23
22
20.8
20.2
20.5
237
206
217
209
27
2
2.000
20
26
26
2.000
25
25
200
250
250
20
20
26
22
20
23
2,416
2,564
2,759
2
2,744
24
245
246
276
270
2,577
2,639
214
214
236
236
2,791
2,875
2
27
270,450
27.02
246,112
268.71
26.2
200
200
2
2
2
2
258
228
202
20
25
24
258
23
234
206
2,699
2,517
2,097
2,929
2,087
2,017
29
24
211
2,401
2,286
We found 105 numbers that start with the digit 3. Here they are:
35
38
3.94
3.93
3
3
314
3,298
3,204
3
335
382
30
394
394
38.1
3
3
34
346
346
374
365
36
3
3
3
327
3,581
39
300
3,817
3,344
301
31
31
36
34
31
33
34
39
35
30
374
3,046
3,817
3,344
3,063
3,931
391
374
397
388
397
350
314
3
39
33
35
36
36
3.50
3
3.250
3.000
3.900
3.950
3.000
3.250
3.900
3
33
3
3,280
3,295
370
383
3
31
30.6
3.5
3
3.94
3.93
321
306
306
31
33
35
39
35
39
3
3,817
3,344
3,110
3,063
3,640
354
3
374
365
4's 5's 6's
We found 134 numbers that start with the digit 4. Here they are:
451,165,011
440
45
486
469
4.18
4.18
452.9
460.3
455.4
461.9
453.5
461.4
456.1
463.0
4
4
427
434
409
404
411
451,549,789
458,367,358
43,523,885
4,997
4,991
4
48.0
4,960
4
4
427
427
41.2
4
4,621
42.4
4
43.5
4,991
4
4
45
4,539
4,403
42.4
4
43
40
497
439
4
4
441
4
46
42
4
4
45
42
413
480
450
4,708
4,128
4,516
4,708
4,128
410
404
465
468
449
453
408
478
4
4
4
45
46
46
44
42
41
4
4
409
450
4.00
4.500
4.700
4.450
400
400
4,050
4.500
475
4
4
416
451
42
46
4
43
4.06
41
4
4
46
452.9
460.3
455.4
461.9
453.5
461.4
456.1
463.0
4.18
4.18
493
45
43
491
473
4,112
411
45
4
4,339
4,858
We found 116 numbers that start with the digit 5. Here they are:
565
525
500
5
51
57
59
596
596
596
5
5
5
5
501,891,243
501,891,243
5
5
50,341,454
5,597
5,234
5,234
501.9
5
501.9
5
50.3
5,234
501.9
5
5,126
596
596
501.9
5
5,369
5,074
501.9
5
5,597
5
501.9
5
50.3
5,234
501.9
5
5.0
501.9
5
5,369
5,074
55
54
5
534
567
5
592
520
586
57
50
59
58
541
506
59
58
58
57
59
58
530
514
59
58
5
5
51
5
5
56
5.400
5.600
5.400
500
500
5.600
500
500
500
500
56
500
57
59
5.600
5
5
5
5
5
5
536
55
50.90
5
5
5
596
596
542
593
58
52,000
We found 98 numbers that start with the digit 6. Here they are:
6,939
6,331
638
6
692
682
692
60
6
6
686
677
676
677
6,282
6,343
683
6,574
6,564
6,000,000,000
6,889
6
6,464
6
682
692
6
6
6,889
6
6,889
61
6
657
66
63
61
69
670
605
6,880
6,273
6,939
6,331
6,939
6,331
60
65
6,939
6,331
634
62
61
6,880
6,273
6,939
6,331
6
6
6
6
6
60
600
600
600
6,650
6,650
60
6,574
6,564
6,334
6,319
6,650
650
650
600
66
66
6
6
6
6
6
692
682
6
650
68.6
68.0
645
602
65
68.1
68.9
67
694
627
7's 8's 9's
We found 52 numbers that start with the digit 7. Here they are:
701
717
750
7
725
7.3
7
71
7
74
78
771
756
758
716
70
758
716
796
7
7
7
79
79
750
750
750
750
750
750
750
750
750
750
7
750
767
7
7
7
7
7
744
700
7
71
73
717
707
73
722
77
We found 53 numbers that start with the digit 8. Here they are:
874
864
81
851
839
845
851
895
81
81
814
839
851
8,668
817
864
864
814
82
8
8
857
83
84
87
80
84
819
86
8
8
8
885
80
80
88
88
8
88
85
839
80
851
817
814
80.8
80.6
889
874
81.5
80.7
893
8
We found 36 numbers that start with the digit 9. Here they are:
97
9,123
9,295
9,543
9
9
96
93
95
94
908
956
95
91
9
93
99
9
9
951
966
972
944
946
90
944
90
950
946
956
9
9
976
912
96
95
While the above ZTS 10Q Filed 11/4/2024 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 11/4/2024 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.

29.8
17.0
9.4
12.0
10.4
8.8
4.7
4.8
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 1,115

= Typical ZTS range from 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
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: 95
XBRL?   [ original filing ]
Total numbers found: 1,097

= Typical ZTS range from 2/13/2020 to 11/4/2024
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: 100
XBRL?   [ original filing ]
Total numbers found: 1,571

= Typical ZTS range from 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
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: 98
XBRL?   [ original filing ]
Total numbers found: 1,097

= Typical ZTS range from 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
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 2/13/2020 to 11/4/2024
 

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