ELAN vs PAHC Stock Comparison

Elanco Animal Health and Phibro Animal Health Prices as of Oct 27, 2026 Peers: Industry group

Head to Head

10 decided of 12

Phibro Animal Health leads on 7 of the 12 questions below (Phibro Animal Health 7, Elanco Animal Health 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionELANPAHCLeader
Larger companyMarket capitalisation $11.33B $1.55B ELAN
Cheaper on earningsLower P/E, profitable companies only -56.9x 15.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.8x 11.2x PAHC
Faster revenue growthRevenue growth, trailing twelve months +12.0% +17.1% PAHC
More profitableNet margin, trailing twelve months -4.0% 6.6% PAHC
Better return on capitalReturn on invested capital 6.1% 14.2% PAHC
Less leveragedLower net debt / EBITDA 2.5x 2.1x PAHC
Higher dividend yieldTrailing dividend yield 0.00% 0.01% –
Better 1-year returnPrice return, last 12 months +1.8% -8.0% ELAN
Better 5-year returnAnnualised price return, 5 years -7.2%/yr +11.6%/yr PAHC
Less volatileAnnualised volatility, 1 year 42.3% 55.5% ELAN
Higher overall scoreMean of the five percentile scores vs peers 67/100 68/100 PAHC

Percentile Scorecard

ELANPAHC

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

AxisELANPAHC
Valuation 94 #39 of 625 92 #54 of 625
Growth 56 #264 of 602 85 #90 of 602
Profitability 84 #92 of 551 86 #81 of 551
Financial Health 33 #442 of 656 26 #485 of 656
Shareholder Returns – 54 #170 of 365
Overall 67 68
  • ELAN ranked among 672 companies in Pharmaceuticals and Biotechnology
  • PAHC ranked among 672 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodELANPAHCSPY
1 month +1.5%+11.4% -0.2%
3 months -11.2%+5.5% +3.9%
6 months +2.3%-29.3% +8.2%
Year to date +0.1%+2.7% +12.9%
1 year +1.8%-8.0% +12.3%
3 years +156.0%+256.4% +87.4%
3 years, per year +36.8%+52.8% +23.3%
5 years -31.1%+73.0% +67.9%
5 years, per year -7.2%+11.6% +10.9%
10 years —+49.0% +261.1%
10 years, per year —+4.1% +13.7%

Risk

MeasureELANPAHCSPY
Volatility, 1Y 42.3%55.5% 12.7%
Downside volatility, 1Y 42.8%59.8% 12.7%
Beta vs S&P 500, 1Y 1.300.75 1.00
Return / volatility, 1Y 0.04-0.14 0.97
Max drawdown, 5Y -76.3%-57.9% -25.4%
From 52-week high -15.6%-35.6% -1.2%
52-week high $26.84$59.58 $779.14
52-week low $19.80$28.52 $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.

MultipleELANPAHC
P/E now vs peer median -56.9xmedian 17.2x 15.6xmedian 17.2x
P/S now vs peer median 2.3xmedian 9.0x 1.0xmedian 9.0x
EV/EBITDA now vs peer median 11.1xmedian 16.3x 8.2xmedian 16.3x
P/FCF now vs peer median 29.9xmedian 18.7x 157.7xmedian 18.7x
P/B now vs peer median 1.7xmedian 2.2x 4.0xmedian 2.2x
PEG now vs peer median 2.89median 0.33 0.35median 0.33

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 monthsELANPAHC
Revenue $5.02B $1.52B
Gross profit $2.78B $512.52M
Operating income $637.00M $194.40M
Net income -$199.00M $99.72M
Free cash flow $379.00M $9.87M
R&D $371.00M –
EPS (diluted) $-0.39 $2.43
Cash & equivalents $530.00M $61.42M
Total debt $3.92B $2.49B
Shares (diluted) 505.90M 40.96M
Enterprise value $9.32B $1.23B

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
MetricELANPAHC
P/E -56.9x 15.6x
P/FCF 29.9x 157.7x
P/Operating cash flow 18.3x 22.6x
P/S 2.3x 1.0x
P/B 1.7x 4.0x
P/Tangible book 3.3x 4.4x
EV/EBITDA 11.1x 8.2x
EV/EBIT 23.1x 10.8x
EV/Revenue 2.9x 1.4x
EV/FCF 38.8x 211.9x
EV/Operating cash flow 23.8x 30.3x
PEG (3Y EPS CAGR) 2.89 0.35

Growth

14 metrics
MetricELANPAHC
Revenue growth (1Y) 12.0% 17.1%
Revenue CAGR (3Y) 5.1% 15.8%
Gross profit growth (1Y) 13.2% 28.1%
Gross profit CAGR (3Y) 3.9% 19.8%
Operating income growth (1Y) 22.0% 76.0%
Operating income CAGR (3Y) 59.8% 39.3%
Net income growth (1Y) -145.9% 106.6%
Net income CAGR (3Y) -20.8% 45.2%
EPS growth (1Y) -145.3% 105.2%
EPS CAGR (3Y) -19.7% 44.6%
Operating cash flow growth (1Y) 7.9% -13.9%
Operating cash flow CAGR (3Y) 73.6% 73.0%
Free cash flow growth (1Y) 5.0% -76.4%
Free cash flow CAGR (3Y) 101.8% 31.2%

Profitability

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

Financial Health

11 metrics
MetricELANPAHC
Debt / assets 28.9% 41.1%
Debt / equity 0.6x 1.6x
Net debt / EBITDA 2.5x 2.1x
Debt / FCF 10.3x 62.5x
Liabilities / assets 51.4% 74.3%
Equity / assets 48.6% 25.7%
Interest coverage 2.6x 4.2x
Current ratio 2.1x 3.0x
Quick ratio 0.9x 1.1x
Cash ratio 0.3x 0.3x
Altman Z-score 1.46 3.10

Shareholder Returns

7 metrics
MetricELANPAHC
Dividend yield – 1.3%
Net buyback yield – –
Shareholder yield – 1.3%
Payout ratio (earnings) – 19.5%
Payout ratio (FCF) – 197.3%
Dividend growth (1Y) – 0.1%
Dividend CAGR (3Y) – 0.0%

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.

ConsensusELANPAHC
Forward P/E 20.8xFY2026 11.2xFY2027
EPS, next fiscal year $1.09FY2026 $3.42FY2027
EPS growth, next FY +16.0%FY2026 +6.2%FY2027
EPS growth, the year after +23.9% +9.6%
Revenue, next fiscal year $4.79BFY2026 $1.53BFY2027
Revenue growth, next FY +1.6%FY2026 +0.6%FY2027
Revenue growth, the year after +19.7% -0.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersELANPAHC
Held by institutions 100.0% 51.5%
Institutions holding 523 208
Change in shares held, QoQ +4.4% +3.1%
Institutions buying 246 117
Institutions selling 209 73
Buyers to sellers 1.18 1.60

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.

ELANPAHC
ELAN 1.00 0.50
PAHC 0.50 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ELAN and PAHC?

Elanco Animal Health (ELAN) is the largest by market capitalisation: Elanco Animal Health (ELAN) $11.33B, Phibro Animal Health (PAHC) $1.55B.

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%.

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%). On return on invested capital, Phibro Animal Health (PAHC) leads (Elanco Animal Health (ELAN) 6.1%, Phibro Animal Health (PAHC) 14.2%).

Which stock has performed better?

Over the past year Elanco Animal Health (ELAN) returned the most: Elanco Animal Health (ELAN) +1.8%, Phibro Animal Health (PAHC) -8.0%. Over five years, Phibro Animal Health (PAHC) compounded fastest (Elanco Animal Health (ELAN) -7.2%/yr, Phibro Animal Health (PAHC) +11.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Elanco Animal Health (ELAN) 0.00%, Phibro Animal Health (PAHC) 0.01%. Elanco Animal Health (ELAN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Elanco Animal Health (ELAN) has been the steadiest (Elanco Animal Health (ELAN) 42.3%, Phibro Animal Health (PAHC) 55.5%). Volatility measures how widely the price swings, not the risk of the business.

Do ELAN and PAHC move together?

Their daily returns over the past year have a correlation of 0.50, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, ELAN and PAHC?

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.