ELAN vs PAHC vs COR Stock Comparison

Elanco Animal Health, Phibro Animal Health and Cencora Prices as of Nov 4, 2026 Peers: Industry group
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COR Cencora, Inc.
$354.04 +12.4% 1M +2.8% 1Y
Market cap
$67.56B
P/E
26.1x
Revenue (TTM)
$332.77B
Div. yield
0.68%
Drug Distribution Healthcare
4 wins

Head to Head

12 decided of 12

Phibro Animal Health leads on 7 of the 12 questions below (Phibro Animal Health 7, Cencora 4, Elanco Animal Health 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionELANPAHCCORLeader
Larger companyMarket capitalisation $12.64B $1.60B $67.56B COR
Cheaper on earningsLower P/E, profitable companies only -63.5x 16.0x 26.1x PAHC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.2x 11.5x 20.7x PAHC
Faster revenue growthRevenue growth, trailing twelve months +12.0% +17.1% +5.1% PAHC
More profitableNet margin, trailing twelve months -4.0% 6.6% 0.8% PAHC
Better return on capitalReturn on invested capital 6.1% 14.2% 14.4% COR
Less leveragedLower net debt / EBITDA 2.5x 2.1x 2.2x PAHC
Higher dividend yieldTrailing dividend yield — 1.22% 0.68% PAHC
Better 1-year returnPrice return, last 12 months +12.4% -6.4% +2.8% ELAN
Better 5-year returnAnnualised price return, 5 years -5.8%/yr +12.0%/yr +22.7%/yr COR
Less volatileAnnualised volatility, 1 year 42.5% 55.6% 33.0% COR
Higher overall scoreMean of the five percentile scores vs peers 66/100 68/100 53/100 PAHC

Percentile Scorecard

ELANPAHCCOR

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

AxisELANPAHCCOR
Valuation 93 #43 of 634 92 #50 of 634 56 #12 of 26
Growth 55 #271 of 607 85 #90 of 607 75 #7 of 25
Profitability 84 #90 of 557 85 #84 of 557 58 #11 of 25
Financial Health 33 #442 of 654 26 #483 of 654 24 #20 of 26
Shareholder Returns – 53 #190 of 400 50 #9 of 17
Overall 66 68 53
  • ELAN ranked among 671 companies in Pharmaceuticals and Biotechnology
  • PAHC ranked among 671 companies in Pharmaceuticals and Biotechnology
  • COR ranked among 27 companies in Healthcare Payers and Distributors

Price Performance

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

Returns

PeriodELANPAHCCORSPY
1 month +12.4%+6.0%+12.4% -1.0%
3 months -3.5%+9.5%+11.7% -0.4%
6 months -3.4%-32.6%+40.1% +4.5%
Year to date +11.8%+5.5%+4.8% +12.4%
1 year +12.4%-6.4%+2.8% +13.6%
3 years +163.3%+219.5%+81.4% +76.4%
3 years, per year +38.1%+47.3%+22.0% +20.8%
5 years -25.8%+76.3%+177.5% +63.7%
5 years, per year -5.8%+12.0%+22.7% +10.4%
10 years —+50.5%+402.4% +267.7%
10 years, per year —+4.2%+17.5% +13.9%

Risk

MeasureELANPAHCCORSPY
Volatility, 1Y 42.5%55.6%33.0% 12.8%
Downside volatility, 1Y 43.0%59.8%39.8% 12.7%
Beta vs S&P 500, 1Y 1.280.75-0.10 1.00
Return / volatility, 1Y 0.29-0.110.08 1.06
Max drawdown, 5Y -76.3%-57.9%-32.6% -25.4%
From 52-week high -5.7%-33.8%-5.5% -1.6%
52-week high $26.84$59.58$374.75 $779.14
52-week low $19.80$28.52$252.74 $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.

MultipleELANPAHCCOR
P/E now vs peer median -63.5xmedian 18.0x 16.0xmedian 18.0x 26.1xmedian 25.7x
P/S now vs peer median 2.5xmedian 9.1x 1.1xmedian 9.1x 0.2xmedian 0.3x
EV/EBITDA now vs peer median 12.1xmedian 16.2x 8.4xmedian 16.2x 18.6xmedian 13.9x
P/FCF now vs peer median 33.3xmedian 21.7x 162.0xmedian 21.7x 16.6xmedian 16.6x
P/B now vs peer median 1.9xmedian 2.2x 4.1xmedian 2.2x 20.9xmedian 2.6x
PEG now vs peer median 3.22median 0.38 0.36median 0.38 1.46median 1.56

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 monthsELANPAHCCOR
Revenue $5.02B $1.52B $332.77B
Gross profit $2.78B $512.52M $13.22B
Operating income $637.00M $194.40M $3.04B
Net income -$199.00M $99.72M $2.65B
Free cash flow $379.00M $9.87M $4.06B
R&D $371.00M – –
EPS (diluted) $-0.39 $2.43 $13.53
Cash & equivalents $530.00M $61.42M $2.82B
Total debt $3.92B $616.79M $11.72B
Shares (diluted) 505.90M 40.96M 193.94M
Enterprise value $10.63B $1.28B $56.65B

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
MetricELANPAHCCOR
P/E -63.5x 16.0x 26.1x
P/FCF 33.3x 162.0x 16.6x
P/Operating cash flow 20.5x 23.2x 14.0x
P/S 2.5x 1.1x 0.2x
P/B 1.9x 4.1x 20.9x
P/Tangible book 3.7x 4.5x -25.1x
EV/EBITDA 12.1x 8.4x 18.6x
EV/EBIT 25.2x 11.0x 25.1x
EV/Revenue 3.2x 1.4x 0.2x
EV/FCF 42.3x 216.3x 18.8x
EV/Operating cash flow 26.0x 30.9x 15.9x
PEG (3Y EPS CAGR) 3.22 0.36 1.46

Growth

14 metrics
MetricELANPAHCCOR
Revenue growth (1Y) 12.0% 17.1% 5.1%
Revenue CAGR (3Y) 5.1% 15.8% 9.4%
Gross profit growth (1Y) 13.2% 28.1% 20.0%
Gross profit CAGR (3Y) 3.9% 19.8% 15.0%
Operating income growth (1Y) 22.0% 76.0% 11.1%
Operating income CAGR (3Y) 59.8% 39.3% 9.5%
Net income growth (1Y) -145.9% 106.6% 38.9%
Net income CAGR (3Y) -20.8% 45.2% 16.2%
EPS growth (1Y) -145.3% 105.2% 39.3%
EPS CAGR (3Y) -19.7% 44.6% 17.9%
Operating cash flow growth (1Y) 7.9% -13.9% 176.7%
Operating cash flow CAGR (3Y) 73.6% 73.0% 14.1%
Free cash flow growth (1Y) 5.0% -76.4% 255.7%
Free cash flow CAGR (3Y) 101.8% 31.2% 13.3%

Profitability

14 metrics
MetricELANPAHCCOR
Gross margin 55.4% 33.8% 4.0%
EBITDA margin 26.5% 16.8% 1.2%
Operating margin 12.7% 12.8% 0.9%
Pretax margin -3.3% 9.0% 1.1%
Net margin -4.0% 6.6% 0.8%
FCF margin 7.5% 0.6% 1.2%
Operating cash flow margin 12.3% 4.5% 1.4%
Return on equity -3.0% 26.7% 77.4%
Return on assets -1.5% 6.8% 3.2%
Return on invested capital 6.1% 14.2% 14.4%
Return on capital employed 5.5% 16.8% 12.9%
Asset turnover 0.4x 1.0x 4.0x
Cash conversion (OCF / net income) -3.1x 0.7x 1.8x
Stock comp / revenue 1.5% 0.1% 0.0%

Financial Health

11 metrics
MetricELANPAHCCOR
Debt / assets 28.9% 41.1% 14.0%
Debt / equity 0.6x 1.6x 3.6x
Net debt / EBITDA 2.5x 2.1x 2.2x
Debt / FCF 10.3x 62.5x 2.9x
Liabilities / assets 51.4% 74.3% 96.1%
Equity / assets 48.6% 25.7% 3.9%
Interest coverage 2.6x 4.2x –
Current ratio 2.1x 3.0x 0.9x
Quick ratio 0.9x 1.1x 0.5x
Cash ratio 0.3x 0.3x 0.0x
Altman Z-score 1.57 3.12 4.69

Shareholder Returns

7 metrics
MetricELANPAHCCOR
Dividend yield – 1.2% 0.7%
Net buyback yield – – 1.5%
Shareholder yield – 1.2% 2.1%
Payout ratio (earnings) – 19.5% 17.7%
Payout ratio (FCF) – 197.3% 11.5%
Dividend growth (1Y) – 0.1% 8.7%
Dividend CAGR (3Y) – 0.0% 5.7%

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.

ConsensusELANPAHCCOR
Forward P/E 23.2xFY2026 11.5xFY2027 20.7xFY2026
EPS, next fiscal year $1.09FY2026 $3.42FY2027 $17.08FY2026
EPS growth, next FY +16.0%FY2026 +6.2%FY2027 +6.7%FY2026
EPS growth, the year after +23.9% +9.6% +11.8%
Revenue, next fiscal year $4.79BFY2026 $1.53BFY2027 $328.56BFY2026
Revenue growth, next FY +1.6%FY2026 +0.6%FY2027 +2.2%FY2026
Revenue growth, the year after +19.7% -0.2% -0.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersELANPAHCCOR
Held by institutions 100.0% 99.1% 94.7%
Institutions holding 526 210 1,345
Change in shares held, QoQ +4.4% +3.0% +15.7%
Institutions buying 246 117 542
Institutions selling 211 75 612
Buyers to sellers 1.17 1.56 0.89

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.

ELANPAHCCOR
ELAN 1.00 0.50 -0.04
PAHC 0.50 1.00 0.13
COR -0.04 0.13 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ELAN, PAHC and COR?

Cencora (COR) is the largest by market capitalisation: Elanco Animal Health (ELAN) $12.64B, Phibro Animal Health (PAHC) $1.60B, Cencora (COR) $67.56B.

Which stock is cheaper, ELAN, PAHC and COR?

Phibro Animal Health (PAHC) trades on the lowest price-to-earnings ratio (Elanco Animal Health (ELAN) -63.5x, Phibro Animal Health (PAHC) 16.0x, Cencora (COR) 26.1x). On next year's consensus earnings, Phibro Animal Health (PAHC) is cheapest (Elanco Animal Health (ELAN) 23.2x, Phibro Animal Health (PAHC) 11.5x, Cencora (COR) 20.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Phibro Animal Health (PAHC) grew revenue fastest over the trailing twelve months: Elanco Animal Health (ELAN) +12.0%, Phibro Animal Health (PAHC) +17.1%, Cencora (COR) +5.1%.

Which company is more profitable?

Phibro Animal Health (PAHC) has the highest net margin (Elanco Animal Health (ELAN) -4.0%, Phibro Animal Health (PAHC) 6.6%, Cencora (COR) 0.8%). On return on invested capital, Cencora (COR) leads (Elanco Animal Health (ELAN) 6.1%, Phibro Animal Health (PAHC) 14.2%, Cencora (COR) 14.4%).

Which stock has performed better?

Over the past year Elanco Animal Health (ELAN) returned the most: Elanco Animal Health (ELAN) +12.4%, Phibro Animal Health (PAHC) -6.4%, Cencora (COR) +2.8%. Over five years, Cencora (COR) compounded fastest (Elanco Animal Health (ELAN) -5.8%/yr, Phibro Animal Health (PAHC) +12.0%/yr, Cencora (COR) +22.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Phibro Animal Health (PAHC) has the highest dividend yield: Phibro Animal Health (PAHC) 1.22%, Cencora (COR) 0.68%. Elanco Animal Health (ELAN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Cencora (COR) has been the steadiest (Elanco Animal Health (ELAN) 42.5%, Phibro Animal Health (PAHC) 55.6%, Cencora (COR) 33.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ELAN, PAHC and COR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Phibro Animal Health (PAHC) 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.