ANIP vs AMRX vs AMPH Stock Comparison

Ani Pharmaceuticals, Amneal Pharmaceuticals and Amphastar Pharmaceuticals Prices as of Oct 26, 2026 Peers: Industry group
ANIP Ani Pharmaceuticals Inc
$72.60 -1.9% 1M -23.0% 1Y
Market cap
$1.50B
P/E
13.9x
Revenue (TTM)
$978.38M
Div. yield
–
Generic Drugs Healthcare
7 wins

Head to Head

11 decided of 12

Ani Pharmaceuticals leads on 7 of the 12 questions below (Ani Pharmaceuticals 7, Amneal Pharmaceuticals 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionANIPAMRXAMPHLeader
Larger companyMarket capitalisation $1.50B $6.85B $1.12B AMRX
Cheaper on earningsLower P/E, profitable companies only 13.9x 43.5x 14.2x ANIP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.4x 21.7x 8.2x ANIP
Faster revenue growthRevenue growth, trailing twelve months +30.9% +9.3% +1.0% ANIP
More profitableNet margin, trailing twelve months 11.0% 5.0% 10.8% ANIP
Better return on capitalReturn on invested capital 12.9% 17.4% 6.4% AMRX
Less leveragedLower net debt / EBITDA -0.2x 3.8x 1.8x ANIP
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -23.0% +99.2% +3.9% AMRX
Better 5-year returnAnnualised price return, 5 years +14.4%/yr +31.6%/yr +6.8%/yr AMRX
Less volatileAnnualised volatility, 1 year 32.0% 35.1% 54.3% ANIP
Higher overall scoreMean of the five percentile scores vs peers 84/100 70/100 73/100 ANIP

Percentile Scorecard

ANIPAMRXAMPH

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisANIPAMRXAMPH
Valuation 96 #24 of 626 92 #54 of 626 99 #8 of 626
Growth 97 #18 of 604 74 #158 of 604 43 #347 of 604
Profitability 90 #56 of 555 84 #91 of 555 87 #72 of 555
Financial Health 46 #359 of 658 12 #582 of 658 37 #412 of 658
Shareholder Returns 92 #31 of 368 88 #44 of 368 99 #4 of 368
Overall 84 70 73
  • ANIP ranked among 673 companies in Pharmaceuticals and Biotechnology
  • AMRX ranked among 673 companies in Pharmaceuticals and Biotechnology
  • AMPH ranked among 673 companies in Pharmaceuticals and Biotechnology

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodANIPAMRXAMPHSPY
1 month -1.9%+6.3%-2.5% -0.8%
3 months -7.4%+16.2%+32.8% +3.5%
6 months -8.8%+67.2%+17.6% +7.0%
Year to date -8.0%+66.8%-4.9% +12.2%
1 year -23.0%+99.2%+3.9% +13.0%
3 years +23.3%+457.6%-42.9% +86.3%
3 years, per year +7.2%+77.4%-17.1% +23.1%
5 years +95.9%+293.6%+38.7% +68.6%
5 years, per year +14.4%+31.6%+6.8% +11.0%
10 years +9.3%—+40.1% +258.0%
10 years, per year +0.9%—+3.4% +13.6%

Risk

MeasureANIPAMRXAMPHSPY
Volatility, 1Y 32.0%35.1%54.3% 12.7%
Downside volatility, 1Y 31.7%31.0%66.4% 12.7%
Beta vs S&P 500, 1Y 0.260.700.58 1.00
Return / volatility, 1Y -0.722.830.07 1.02
Max drawdown, 5Y -59.4%-78.2%-74.0% -25.4%
From 52-week high -23.2%0.0%-13.4% -1.8%
52-week high $94.48$21.02$29.40 $779.14
52-week low $70.16$10.00$16.87 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleANIPAMRXAMPH
P/E now vs peer median 14.2xmedian 17.1x 42.6xmedian 17.1x 14.2xmedian 17.1x
P/S now vs peer median 1.8xmedian 8.8x 2.2xmedian 8.8x 1.5xmedian 8.8x
EV/EBITDA now vs peer median 7.0xmedian 17.1x 13.9xmedian 17.1x 8.0xmedian 17.1x
P/FCF now vs peer median 10.0xmedian 18.0x 80.8xmedian 18.0x 7.1xmedian 18.0x
P/B now vs peer median 2.9xmedian 2.1x 203.3xmedian 2.1x 1.4xmedian 2.1x
PEG now vs peer median 0.10median 0.31 0.18median 0.31 -5.53median 0.31

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsANIPAMRXAMPH
Revenue $978.38M $3.12B $730.02M
Gross profit $590.98M $1.23B $348.11M
Operating income $150.36M $453.92M $114.29M
Net income $108.31M $215.32M $78.55M
Free cash flow $172.99M $83.11M $152.89M
R&D $49.91M $175.57M $94.57M
EPS (diluted) $4.93 $0.48 $1.78
Cash & equivalents $360.21M $127.64M $223.61M
Total debt $301.48M $2.67B $612.05M
Shares (diluted) 21.92M 328.10M 44.23M
Enterprise value $285.39M $6.04B -$24.25M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricANIPAMRXAMPH
P/E 14.2x 42.6x 14.2x
P/FCF 10.0x 80.8x 7.1x
P/Operating cash flow 9.1x 33.4x 5.9x
P/S 1.8x 2.2x 1.5x
P/B 2.9x 203.3x 1.4x
P/Tangible book 11.8x -12.1x 1.5x
EV/EBITDA 7.0x 13.9x 8.0x
EV/EBIT 11.1x 20.4x 12.3x
EV/Revenue 1.7x 3.0x 1.9x
EV/FCF 9.7x 111.4x 9.2x
EV/Operating cash flow 8.8x 46.1x 7.6x
PEG (3Y EPS CAGR) 0.10 0.18 -5.53

Growth

14 metrics
MetricANIPAMRXAMPH
Revenue growth (1Y) 30.9% 9.3% 1.0%
Revenue CAGR (3Y) 34.6% 10.5% 10.5%
Gross profit growth (1Y) 29.5% 14.1% -3.4%
Gross profit CAGR (3Y) 32.8% 14.9% 8.0%
Operating income growth (1Y) 889.9% 20.6% -37.1%
Operating income CAGR (3Y) 98.9% 32.5% -4.5%
Net income growth (1Y) 1,161% 426.4% -41.7%
Net income CAGR (3Y) 184.4% 139.1% -8.3%
EPS growth (1Y) 945.2% 4,481% -36.5%
EPS CAGR (3Y) 146.4% 237.0% -2.6%
Operating cash flow growth (1Y) 36.2% -42.8% 15.6%
Operating cash flow CAGR (3Y) 66.2% 0.4% 12.1%
Free cash flow growth (1Y) 37.9% -69.3% 36.3%
Free cash flow CAGR (3Y) 77.7% -17.3% 15.0%

Profitability

14 metrics
MetricANIPAMRXAMPH
Gross margin 60.4% 39.3% 47.7%
EBITDA margin 24.3% 21.3% 23.9%
Operating margin 15.4% 14.6% 15.7%
Pretax margin 14.6% 6.5% 14.0%
Net margin 11.0% 5.0% 10.8%
FCF margin 17.7% 2.7% 20.9%
Operating cash flow margin 19.4% 6.4% 25.3%
Return on equity 18.7% – 10.2%
Return on assets 7.4% 5.9% 4.6%
Return on invested capital 12.9% 17.4% 6.4%
Return on capital employed 12.8% 16.4% 8.0%
Asset turnover 0.7x 0.9x 0.4x
Cash conversion (OCF / net income) 1.7x 0.9x 2.4x
Stock comp / revenue 4.2% 1.1% 4.0%

Financial Health

11 metrics
MetricANIPAMRXAMPH
Debt / assets 20.2% 70.7% 35.1%
Debt / equity 0.5x 80.9x 0.8x
Net debt / EBITDA -0.2x 3.8x 1.8x
Debt / FCF 1.7x 32.1x 4.0x
Liabilities / assets 60.0% 99.1% 55.9%
Equity / assets 40.0% 0.9% 44.1%
Interest coverage – – 4.4x
Current ratio 2.9x 2.2x 2.4x
Quick ratio 2.2x 1.3x 1.7x
Cash ratio 1.3x 0.1x 1.1x
Altman Z-score 2.61 2.48 2.12

Shareholder Returns

7 metrics
MetricANIPAMRXAMPH
Dividend yield – – –
Net buyback yield 0.6% 0.0% 9.0%
Shareholder yield 0.6% 0.0% 9.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusANIPAMRXAMPH
Forward P/E 7.4xFY2026 21.7xFY2026 8.2xFY2026
EPS, next fiscal year $9.81FY2026 $0.97FY2026 $3.09FY2026
EPS growth, next FY +24.3%FY2026 +16.9%FY2026 -4.9%FY2026
EPS growth, the year after -2.3% +26.8% +9.4%
Revenue, next fiscal year $1.15BFY2026 $3.24BFY2026 $790.23MFY2026
Revenue growth, next FY +29.9%FY2026 +7.4%FY2026 +9.8%FY2026
Revenue growth, the year after +9.7% +12.4% -5.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersANIPAMRXAMPH
Held by institutions 96.0% 51.1% 64.8%
Institutions holding 306 310 209
Change in shares held, QoQ -1.8% +1.3% -11.7%
Institutions buying 172 182 96
Institutions selling 88 86 74
Buyers to sellers 1.95 2.12 1.30

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ANIPAMRXAMPH
ANIP 1.00 0.42 0.33
AMRX 0.42 1.00 0.45
AMPH 0.33 0.45 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, ANIP, AMRX and AMPH?

Amneal Pharmaceuticals (AMRX) is the largest by market capitalisation: Ani Pharmaceuticals (ANIP) $1.50B, Amneal Pharmaceuticals (AMRX) $6.85B, Amphastar Pharmaceuticals (AMPH) $1.12B.

Which stock is cheaper, ANIP, AMRX and AMPH?

Ani Pharmaceuticals (ANIP) trades on the lowest price-to-earnings ratio (Ani Pharmaceuticals (ANIP) 13.9x, Amneal Pharmaceuticals (AMRX) 43.5x, Amphastar Pharmaceuticals (AMPH) 14.2x). On next year's consensus earnings, Ani Pharmaceuticals (ANIP) is cheapest (Ani Pharmaceuticals (ANIP) 7.4x, Amneal Pharmaceuticals (AMRX) 21.7x, Amphastar Pharmaceuticals (AMPH) 8.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Ani Pharmaceuticals (ANIP) grew revenue fastest over the trailing twelve months: Ani Pharmaceuticals (ANIP) +30.9%, Amneal Pharmaceuticals (AMRX) +9.3%, Amphastar Pharmaceuticals (AMPH) +1.0%.

Which company is more profitable?

Ani Pharmaceuticals (ANIP) has the highest net margin (Ani Pharmaceuticals (ANIP) 11.0%, Amneal Pharmaceuticals (AMRX) 5.0%, Amphastar Pharmaceuticals (AMPH) 10.8%). On return on invested capital, Amneal Pharmaceuticals (AMRX) leads (Ani Pharmaceuticals (ANIP) 12.9%, Amneal Pharmaceuticals (AMRX) 17.4%, Amphastar Pharmaceuticals (AMPH) 6.4%).

Which stock has performed better?

Over the past year Amneal Pharmaceuticals (AMRX) returned the most: Ani Pharmaceuticals (ANIP) -23.0%, Amneal Pharmaceuticals (AMRX) +99.2%, Amphastar Pharmaceuticals (AMPH) +3.9%. Over five years, Amneal Pharmaceuticals (AMRX) compounded fastest (Ani Pharmaceuticals (ANIP) +14.4%/yr, Amneal Pharmaceuticals (AMRX) +31.6%/yr, Amphastar Pharmaceuticals (AMPH) +6.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Ani Pharmaceuticals (ANIP) has been the steadiest (Ani Pharmaceuticals (ANIP) 32.0%, Amneal Pharmaceuticals (AMRX) 35.1%, Amphastar Pharmaceuticals (AMPH) 54.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ANIP, AMRX and AMPH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ani Pharmaceuticals (ANIP) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.