PAHC vs ZTS Stock Comparison

Phibro Animal Health and Zoetis Prices as of Oct 26, 2026 Peers: Industry group
ZTS Zoetis Inc.
$80.96 +13.9% 1M -44.5% 1Y
Market cap
$32.69B
P/E
12.5x
Revenue (TTM)
$9.52B
Div. yield
0.03%
Animal Health Healthcare
8 wins

Head to Head

12 decided of 12

Zoetis leads on 8 of the 12 questions below (Zoetis 8, Phibro Animal Health 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPAHCZTSLeader
Larger companyMarket capitalisation $1.56B $32.69B ZTS
Cheaper on earningsLower P/E, profitable companies only 15.6x 12.5x ZTS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.4x 13.8x PAHC
Faster revenue growthRevenue growth, trailing twelve months +17.1% +1.5% PAHC
More profitableNet margin, trailing twelve months 6.6% 27.5% ZTS
Better return on capitalReturn on invested capital 14.2% 23.4% ZTS
Less leveragedLower net debt / EBITDA 2.1x 1.8x ZTS
Higher dividend yieldTrailing dividend yield 0.01% 0.03% ZTS
Better 1-year returnPrice return, last 12 months -7.8% -44.5% PAHC
Better 5-year returnAnnualised price return, 5 years +12.2%/yr -17.3%/yr PAHC
Less volatileAnnualised volatility, 1 year 55.6% 40.6% ZTS
Higher overall scoreMean of the five percentile scores vs peers 68/100 72/100 ZTS

Percentile Scorecard

PAHCZTS

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

AxisPAHCZTS
Valuation 92 #53 of 626 88 #79 of 626
Growth 85 #90 of 604 51 #295 of 604
Profitability 85 #83 of 555 96 #23 of 555
Financial Health 26 #487 of 658 33 #439 of 658
Shareholder Returns 54 #171 of 368 90 #39 of 368
Overall 68 72
  • PAHC ranked among 673 companies in Pharmaceuticals and Biotechnology
  • ZTS 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

PeriodPAHCZTSSPY
1 month +13.3%+13.9% -0.8%
3 months +10.8%+5.3% +3.5%
6 months -30.5%-31.3% +7.0%
Year to date +4.5%-35.7% +12.2%
1 year -7.8%-44.5% +13.0%
3 years +262.4%-48.1% +86.3%
3 years, per year +53.6%-19.7% +23.1%
5 years +77.9%-61.4% +68.6%
5 years, per year +12.2%-17.3% +11.0%
10 years +52.2%+66.0% +258.0%
10 years, per year +4.3%+5.2% +13.6%

Risk

MeasurePAHCZTSSPY
Volatility, 1Y 55.6%40.6% 12.7%
Downside volatility, 1Y 59.9%49.2% 12.7%
Beta vs S&P 500, 1Y 0.760.53 1.00
Return / volatility, 1Y -0.14-1.10 1.02
Max drawdown, 5Y -57.9%-72.0% -25.4%
From 52-week high -34.5%-45.1% -1.8%
52-week high $59.58$147.53 $779.14
52-week low $28.52$69.12 $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.

MultiplePAHCZTS
P/E now vs peer median 15.9xmedian 17.1x 12.9xmedian 17.1x
P/S now vs peer median 1.0xmedian 8.8x 3.5xmedian 8.8x
EV/EBITDA now vs peer median 8.3xmedian 17.1x 10.0xmedian 17.1x
P/FCF now vs peer median 160.4xmedian 18.0x 14.5xmedian 18.0x
P/B now vs peer median 4.1xmedian 2.1x 10.7xmedian 2.1x
PEG now vs peer median 0.36median 0.31 1.37median 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 monthsPAHCZTS
Revenue $1.52B $9.52B
Gross profit $512.52M $6.81B
Operating income $194.40M $3.59B
Net income $99.72M $2.62B
Free cash flow $9.87M $2.32B
R&D – $722.00M
EPS (diluted) $2.43 $6.26
Cash & equivalents $61.42M $1.48B
Total debt $2.49B $9.05B
Shares (diluted) 40.96M 417.70M
Enterprise value $1.24B $24.54B

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
MetricPAHCZTS
P/E 15.9x 12.9x
P/FCF 160.4x 14.5x
P/Operating cash flow 23.0x 11.8x
P/S 1.0x 3.5x
P/B 4.1x 10.7x
P/Tangible book 4.5x 15.0x
EV/EBITDA 8.3x 10.0x
EV/EBIT 10.9x 11.4x
EV/Revenue 1.4x 4.3x
EV/FCF 214.6x 17.7x
EV/Operating cash flow 30.7x 14.4x
PEG (3Y EPS CAGR) 0.36 1.37

Growth

14 metrics
MetricPAHCZTS
Revenue growth (1Y) 17.1% 1.5%
Revenue CAGR (3Y) 15.8% 5.0%
Gross profit growth (1Y) 28.1% 1.8%
Gross profit CAGR (3Y) 19.8% 5.7%
Operating income growth (1Y) 76.0% -0.1%
Operating income CAGR (3Y) 39.3% 5.2%
Net income growth (1Y) 106.6% 0.6%
Net income CAGR (3Y) 45.2% 5.7%
EPS growth (1Y) 105.2% 7.7%
EPS CAGR (3Y) 44.6% 9.4%
Operating cash flow growth (1Y) -13.9% -4.6%
Operating cash flow CAGR (3Y) 73.0% 12.4%
Free cash flow growth (1Y) -76.4% 2.1%
Free cash flow CAGR (3Y) 31.2% 21.7%

Profitability

14 metrics
MetricPAHCZTS
Gross margin 33.8% 71.5%
EBITDA margin 16.8% 42.8%
Operating margin 12.8% 37.7%
Pretax margin 9.0% 34.4%
Net margin 6.6% 27.5%
FCF margin 0.6% 24.3%
Operating cash flow margin 4.5% 29.8%
Return on equity 26.7% 82.0%
Return on assets 6.8% 17.3%
Return on invested capital 14.2% 23.4%
Return on capital employed 16.8% 27.5%
Asset turnover 1.0x 0.6x
Cash conversion (OCF / net income) 0.7x 1.1x
Stock comp / revenue 0.1% 1.0%

Financial Health

11 metrics
MetricPAHCZTS
Debt / assets 41.1% 60.0%
Debt / equity 1.6x 2.9x
Net debt / EBITDA 2.1x 1.8x
Debt / FCF 62.5x 3.9x
Liabilities / assets 74.3% 79.1%
Equity / assets 25.7% 20.9%
Interest coverage 4.2x 15.1x
Current ratio 3.0x 3.1x
Quick ratio 1.1x 1.6x
Cash ratio 0.3x 0.8x
Altman Z-score 3.11 4.81

Shareholder Returns

7 metrics
MetricPAHCZTS
Dividend yield 1.2% 2.6%
Net buyback yield – 10.9%
Shareholder yield 1.2% 13.4%
Payout ratio (earnings) 19.5% 34.0%
Payout ratio (FCF) 197.3% 38.4%
Dividend growth (1Y) 0.1% 6.1%
Dividend CAGR (3Y) 0.0% 10.9%

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.

ConsensusPAHCZTS
Forward P/E 11.4xFY2027 13.8xFY2026
EPS, next fiscal year $3.42FY2027 $5.86FY2026
EPS growth, next FY +6.2%FY2027 -8.6%FY2026
EPS growth, the year after +9.6% +13.0%
Revenue, next fiscal year $1.53BFY2027 $9.57BFY2026
Revenue growth, next FY +0.6%FY2027 +1.0%FY2026
Revenue growth, the year after -0.2% -7.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPAHCZTS
Held by institutions 99.1% 94.7%
Institutions holding 208 1,417
Change in shares held, QoQ +3.1% -2.6%
Institutions buying 117 674
Institutions selling 73 582
Buyers to sellers 1.60 1.16

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.

PAHCZTS
PAHC 1.00 0.61
ZTS 0.61 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PAHC and ZTS?

Zoetis (ZTS) is the largest by market capitalisation: Phibro Animal Health (PAHC) $1.56B, Zoetis (ZTS) $32.69B.

Which stock is cheaper, PAHC and ZTS?

Zoetis (ZTS) trades on the lowest price-to-earnings ratio (Phibro Animal Health (PAHC) 15.6x, Zoetis (ZTS) 12.5x). On next year's consensus earnings, Phibro Animal Health (PAHC) is cheapest (Phibro Animal Health (PAHC) 11.4x, Zoetis (ZTS) 13.8x). 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: Phibro Animal Health (PAHC) +17.1%, Zoetis (ZTS) +1.5%.

Which company is more profitable?

Zoetis (ZTS) has the highest net margin (Phibro Animal Health (PAHC) 6.6%, Zoetis (ZTS) 27.5%). On return on invested capital, Zoetis (ZTS) leads (Phibro Animal Health (PAHC) 14.2%, Zoetis (ZTS) 23.4%).

Which stock has performed better?

Over the past year Phibro Animal Health (PAHC) returned the most: Phibro Animal Health (PAHC) -7.8%, Zoetis (ZTS) -44.5%. Over five years, Phibro Animal Health (PAHC) compounded fastest (Phibro Animal Health (PAHC) +12.2%/yr, Zoetis (ZTS) -17.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Zoetis (ZTS) has the highest dividend yield: Phibro Animal Health (PAHC) 0.01%, Zoetis (ZTS) 0.03%.

Which stock is riskier?

By one-year price volatility, Zoetis (ZTS) has been the steadiest (Phibro Animal Health (PAHC) 55.6%, Zoetis (ZTS) 40.6%). Volatility measures how widely the price swings, not the risk of the business.

Do PAHC and ZTS move together?

Their daily returns over the past year have a correlation of 0.61, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, PAHC and ZTS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Zoetis (ZTS) leads on 8. 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.