NEOG vs PAHC vs BFLY Stock Comparison

Neogen, Phibro Animal Health and Butterfly Network Prices as of Nov 5, 2026 Peers: Industry group
1 more company in this comparison (NNNN) Create a free account to keep reading and compare up to 10 companies.
NEOG Neogen Corp
$11.68 -2.3% 1M +88.1% 1Y
Market cap
$2.55B
P/E
–
Revenue (TTM)
$883.99M
Div. yield
–
Diagnostic Equipment Healthcare
2 wins
BFLY Butterfly Network, Inc.
$6.05 -30.5% 1M +141.0% 1Y
Market cap
$1.49B
P/E
–
Revenue (TTM)
$123.25M
Div. yield
–
Diagnostic Equipment Healthcare
2 wins

Head to Head

10 decided of 12

Phibro Animal Health leads on 6 of the 12 questions below (Phibro Animal Health 6, Neogen 2, Butterfly Network 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNEOGPAHCBFLYLeader
Larger companyMarket capitalisation $2.55B $1.44B $1.49B NEOG
Cheaper on earningsLower P/E, profitable companies only -45.4x 14.0x -29.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 36.5x 10.4x — PAHC
Faster revenue growthRevenue growth, trailing twelve months -0.3% +10.1% +39.4% BFLY
More profitableNet margin, trailing twelve months -6.3% 6.7% -43.6% PAHC
Better return on capitalReturn on invested capital -0.2% 13.9% — PAHC
Less leveragedLower net debt / EBITDA 5.4x 2.1x — PAHC
Higher dividend yieldTrailing dividend yield — 1.36% — –
Better 1-year returnPrice return, last 12 months +88.1% -14.0% +141.0% BFLY
Better 5-year returnAnnualised price return, 5 years -23.8%/yr +9.6%/yr -10.3%/yr PAHC
Less volatileAnnualised volatility, 1 year 55.9% 56.6% 112.8% NEOG
Higher overall scoreMean of the five percentile scores vs peers 58/100 70/100 49/100 PAHC

Percentile Scorecard

NEOGPAHCBFLY

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

AxisNEOGPAHCBFLY
Valuation 72 #65 of 229 94 #38 of 634 29 #164 of 229
Growth 49 #114 of 221 85 #90 of 608 90 #24 of 221
Profitability 60 #84 of 210 85 #86 of 557 38 #131 of 210
Financial Health 49 #122 of 240 27 #476 of 654 57 #103 of 240
Shareholder Returns 58 #62 of 147 57 #175 of 403 34 #97 of 147
Overall 58 70 49
  • NEOG ranked among 247 companies in Medical Devices and Diagnostics
  • PAHC ranked among 671 companies in Pharmaceuticals and Biotechnology
  • BFLY ranked among 247 companies in Medical Devices and Diagnostics

Price Performance

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

Returns

PeriodNEOGPAHCBFLYSPY
1 month -2.3%-3.3%-30.5% -5.9%
3 months +3.4%-0.3%-27.1% -4.6%
6 months +26.3%-18.0%+42.7% +0.2%
Year to date +67.1%-5.2%+59.2% +7.5%
1 year +88.1%-14.0%+141.0% +8.2%
3 years -26.2%+189.5%+476.2% +68.3%
3 years, per year -9.6%+42.5%+79.3% +19.0%
5 years -74.2%+58.2%-42.0% +56.5%
5 years, per year -23.8%+9.6%-10.3% +9.4%
10 years -41.0%+35.1%— +251.5%
10 years, per year -5.1%+3.1%— +13.4%

Risk

MeasureNEOGPAHCBFLYSPY
Volatility, 1Y 55.9%56.6%112.8% 13.6%
Downside volatility, 1Y 47.3%61.6%94.6% 14.2%
Beta vs S&P 500, 1Y 1.420.943.00 1.00
Return / volatility, 1Y 1.58-0.251.25 0.60
Max drawdown, 5Y -90.6%-57.9%-93.1% -25.4%
From 52-week high -16.5%-40.6%-39.1% -5.9%
52-week high $13.98$59.58$9.94 $779.14
52-week low $5.41$28.52$1.97 $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.

MultipleNEOGPAHCBFLY
P/E now vs peer median -45.4xmedian 26.9x 14.0xmedian 17.8x -29.5xmedian 26.9x
P/S now vs peer median 2.9xmedian 2.9x 0.9xmedian 8.1x 12.1xmedian 2.9x
EV/EBITDA now vs peer median 28.4xmedian 17.5x 7.7xmedian 15.7x -26.8xmedian 17.5x
P/FCF now vs peer median 51.2xmedian 26.4x 66.3xmedian 21.0x -54.0xmedian 26.4x
P/B now vs peer median 1.2xmedian 2.3x 3.4xmedian 2.0x 8.1xmedian 2.3x
PEG now vs peer median 1.62median 0.88 0.20median 0.36 -0.99median 0.88

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 monthsNEOGPAHCBFLY
Revenue $883.99M $1.54B $123.25M
Gross profit $418.98M $521.27M $86.60M
Operating income -$7.38M $192.78M -$57.83M
Net income -$56.10M $102.71M -$53.69M
Free cash flow $49.80M $21.67M -$27.55M
R&D $19.76M – $39.57M
EPS (diluted) $-0.26 $2.51 $-0.20
Cash & equivalents $172.00M $75.55M $122.30M
Total debt $774.20M $610.88M –
Shares (diluted) 218.10M 40.96M 262.10M
Enterprise value $1.89B $1.12B $952.33M

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
MetricNEOGPAHCBFLY
P/E -45.4x 14.0x -29.5x
P/FCF 51.2x 66.3x -54.0x
P/Operating cash flow 29.9x 16.8x -63.6x
P/S 2.9x 0.9x 12.1x
P/B 1.2x 3.4x 8.1x
P/Tangible book 3.2x 3.7x 8.4x
EV/EBITDA 28.4x 7.7x -26.8x
EV/EBIT -427.3x 10.2x -23.6x
EV/Revenue 3.6x 1.3x 11.1x
EV/FCF 63.3x 90.7x -49.6x
EV/Operating cash flow 37.0x 22.9x -58.4x
PEG (3Y EPS CAGR) 1.62 0.20 -0.99

Growth

14 metrics
MetricNEOGPAHCBFLY
Revenue growth (1Y) -0.3% 10.1% 39.4%
Revenue CAGR (3Y) -1.3% 16.4% 21.7%
Gross profit growth (1Y) 1.8% 19.5% 126.4%
Gross profit CAGR (3Y) -3.1% 20.6% 30.5%
Operating income growth (1Y) 99.3% 33.8% 33.5%
Operating income CAGR (3Y) -29.0% 49.7% 26.9%
Net income growth (1Y) 94.6% 51.5% 32.8%
Net income CAGR (3Y) -28.3% 70.5% 24.2%
EPS growth (1Y) 94.6% 51.2% 35.4%
EPS CAGR (3Y) -28.0% 69.8% 30.0%
Operating cash flow growth (1Y) -1.9% 11.6% 5.8%
Operating cash flow CAGR (3Y) 2.9% 28.7% 41.1%
Free cash flow growth (1Y) 1,631% -36.8% -0.1%
Free cash flow CAGR (3Y) 126.1% 74.0% 38.8%

Profitability

14 metrics
MetricNEOGPAHCBFLY
Gross margin 47.4% 33.8% 70.3%
EBITDA margin 12.5% 16.5% -41.4%
Operating margin -0.8% 12.5% -46.9%
Pretax margin -7.7% 9.1% -43.5%
Net margin -6.3% 6.7% -43.6%
FCF margin 5.6% 1.4% -22.4%
Operating cash flow margin 9.6% 5.6% -19.0%
Return on equity -2.7% 25.6% -28.7%
Return on assets -1.7% 6.8% -18.8%
Return on invested capital -0.2% 13.9% –
Return on capital employed -0.2% 15.9% -26.6%
Asset turnover 0.3x 1.0x 0.4x
Cash conversion (OCF / net income) -1.5x 0.8x 0.4x
Stock comp / revenue 1.3% 0.1% 20.8%

Financial Health

11 metrics
MetricNEOGPAHCBFLY
Debt / assets 23.4% 40.3% –
Debt / equity 0.4x 1.5x –
Net debt / EBITDA 5.4x 2.1x –
Debt / FCF 15.5x 28.2x –
Liabilities / assets 36.8% 72.4% 36.0%
Equity / assets 63.2% 27.6% 64.0%
Interest coverage – 4.2x -46.8x
Current ratio 3.9x 3.2x 3.6x
Quick ratio 2.1x 1.0x 2.3x
Cash ratio 1.2x 0.3x 1.8x
Altman Z-score 1.44 3.09 4.66

Shareholder Returns

7 metrics
MetricNEOGPAHCBFLY
Dividend yield – 1.4% –
Net buyback yield -0.1% – -0.6%
Shareholder yield -0.1% 1.4% -0.6%
Payout ratio (earnings) – 19.0% –
Payout ratio (FCF) – 89.9% –
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.

ConsensusNEOGPAHCBFLY
Forward P/E 36.5xFY2026 10.4xFY2027 –
EPS, next fiscal year $0.32FY2026 $3.42FY2027 $-0.06FY2026
EPS growth, next FY 0.0%FY2026 +6.2%FY2027 –
EPS growth, the year after +31.3% +9.6% –
Revenue, next fiscal year $847.28MFY2026 $1.53BFY2027 $117.62MFY2026
Revenue growth, next FY -2.7%FY2026 +0.6%FY2027 +20.5%FY2026
Revenue growth, the year after -1.5% -0.2% +22.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNEOGPAHCBFLY
Held by institutions 100.0% 99.1% 58.4%
Institutions holding 315 210 248
Change in shares held, QoQ +1.6% +3.0% +13.9%
Institutions buying 150 117 144
Institutions selling 106 75 59
Buyers to sellers 1.42 1.56 2.44

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.

NEOGPAHCBFLY
NEOG 1.00 0.23 0.25
PAHC 0.23 1.00 0.13
BFLY 0.25 0.13 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NEOG, PAHC and BFLY?

Neogen (NEOG) is the largest by market capitalisation: Neogen (NEOG) $2.55B, Phibro Animal Health (PAHC) $1.44B, Butterfly Network (BFLY) $1.49B.

Which company is growing faster?

Butterfly Network (BFLY) grew revenue fastest over the trailing twelve months: Neogen (NEOG) -0.3%, Phibro Animal Health (PAHC) +10.1%, Butterfly Network (BFLY) +39.4%.

Which company is more profitable?

Phibro Animal Health (PAHC) has the highest net margin (Neogen (NEOG) -6.3%, Phibro Animal Health (PAHC) 6.7%, Butterfly Network (BFLY) -43.6%). On return on invested capital, Phibro Animal Health (PAHC) leads (Neogen (NEOG) -0.2%, Phibro Animal Health (PAHC) 13.9%).

Which stock has performed better?

Over the past year Butterfly Network (BFLY) returned the most: Neogen (NEOG) +88.1%, Phibro Animal Health (PAHC) -14.0%, Butterfly Network (BFLY) +141.0%. Over five years, Phibro Animal Health (PAHC) compounded fastest (Neogen (NEOG) -23.8%/yr, Phibro Animal Health (PAHC) +9.6%/yr, Butterfly Network (BFLY) -10.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Phibro Animal Health (PAHC) 1.36%. Neogen (NEOG) and Butterfly Network (BFLY) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Neogen (NEOG) has been the steadiest (Neogen (NEOG) 55.9%, Phibro Animal Health (PAHC) 56.6%, Butterfly Network (BFLY) 112.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NEOG, PAHC and BFLY?

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 6. 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.