Phibro Animal Health (PAHC) Operating Margin (2012 - 2026)
Phibro Animal Health (PAHC) posted Operating Margin of 12.14% for Q2 2026, up 4.26% on a QoQ basis from 11.64% in Q1 2026, and up 323.0% year-over-year from 2.87% in Q2 2025.
Analysis
Phibro Animal Health (PAHC) Operating Margin (2012 - 2026) Analysis & Trends
Phibro Animal Health has reported Operating Margin for 15 years, with the latest figure at 12.14% in Q2 2026.
- On a quarterly basis, Operating Margin rose 323.0% year-over-year to 12.14% in Q2 2026; TTM through Jun 2026 was 12.81%, a 428.0% increase from a year earlier, with the FY2026 full-year figure at 12.81%, up 428.0% from the prior year.
- Operating Margin was 12.14% for Q2 2026 at Phibro Animal Health, up from 11.64% in the prior quarter.
- The five-year high for Operating Margin was 14.09% in Q3 2025, with the low at 0.31% in Q3 2023.
- Average Operating Margin over 5 years is 8.41%, with a median of 8.13% recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: Operating Margin plunged 620 bps in 2023, then soared 729 bps in 2025.
- Over 5 years, Operating Margin stood at 6.48% in 2022, then fell by 3 bps to 6.28% in 2023, then jumped by 31 bps to 8.26% in 2024, then jumped by 63 bps to 13.46% in 2025, then fell by 10 bps to 12.14% in 2026.
- The last three Operating Margin figures came in at 12.14% (Q2 2026), 11.64% (Q1 2026), and 13.46% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Idexx Laboratories | 40.69 Bn | 40.49 Bn | 779.09 Mn | 34.98% |
| 2 | Zoetis | 30.63 Bn | 28.95 Bn | 1.05 Bn | 33.91% |
| 3 | Elanco Animal Health | 11.77 Bn | 11.24 Bn | 798.00 Mn | 18.13% |
| 4 | Phibro Animal Health | 1.49 Bn | 1.41 Bn | 134.40 Mn | 12.14% |
| 5 | Immucell | 90.19 Mn | 81.33 Mn | 2.44 Mn | 26.93% |
| 6 | Zhengye Biotechnology Holding | 76.23 Mn | 69.14 Mn | - | - |
| 7 | Global Innovative Platforms | 24.88 Mn | 24.63 Mn | - | -476.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.14% |
| Mar 31, 2026 | 11.64% |
| Dec 31, 2025 | 13.46% |
| Sep 30, 2025 | 14.09% |
| Jun 30, 2025 | 8.90% |
| Mar 31, 2025 | 9.64% |
| Dec 31, 2024 | 8.26% |
| Sep 30, 2024 | 6.80% |
| Jun 30, 2024 | 6.74% |
| Mar 31, 2024 | 7.57% |
| Dec 31, 2023 | 6.28% |
| Sep 30, 2023 | -0.31% |
| Jun 30, 2023 | 9.32% |
| Mar 31, 2023 | 7.55% |
| Dec 31, 2022 | 6.48% |
| Sep 30, 2022 | 5.89% |
| Jun 30, 2022 | 8.97% |
| Mar 31, 2022 | 8.01% |
| Dec 31, 2021 | 9.58% |
| Sep 30, 2021 | 6.81% |