Drug Manufacturers - Specialty & Generic
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5 / 10Stock Comparison
PAHC vs ELAN vs ZTS vs NEOG vs IDXX
Revenue, margins, valuation, and 5-year total return — side by side.
Drug Manufacturers - Specialty & Generic
Drug Manufacturers - Specialty & Generic
Medical - Diagnostics & Research
Medical - Diagnostics & Research
PAHC vs ELAN vs ZTS vs NEOG vs IDXX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Drug Manufacturers - Specialty & Generic | Drug Manufacturers - Specialty & Generic | Drug Manufacturers - Specialty & Generic | Medical - Diagnostics & Research | Medical - Diagnostics & Research |
| Market Cap | $1.75B | $11.99B | $36.86B | $2.01B | $45.45B |
| Revenue (TTM) | $1.46B | $4.89B | $9.51B | $880M | $4.45B |
| Net Income (TTM) | $92M | $-242M | $2.64B | $-603M | $1.10B |
| Gross Margin | 31.9% | 49.4% | 70.8% | 38.0% | 62.1% |
| Operating Margin | 11.6% | 9.0% | 37.9% | -2.0% | 31.6% |
| Forward P/E | 14.2x | 23.3x | 12.4x | 25.9x | 39.5x |
| Total Debt | $762M | $4.02B | $9.49B | $913M | $1.08B |
| Cash & Equiv. | $68M | $545M | $2.31B | $129M | $180M |
PAHC vs ELAN vs ZTS vs NEOG vs IDXX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Phibro Animal Healt… (PAHC) | 100 | 164.7 | +64.7% |
| Elanco Animal Healt… (ELAN) | 100 | 112.1 | +12.1% |
| Zoetis Inc. (ZTS) | 100 | 62.6 | -37.4% |
| Neogen Corporation (NEOG) | 100 | 26.0 | -74.0% |
| IDEXX Laboratories,… (IDXX) | 100 | 185.2 | +85.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: PAHC vs ELAN vs ZTS vs NEOG vs IDXX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
PAHC is the #2 pick in this set and the best alternative if growth exposure is your priority.
- Rev growth 27.4%, EPS growth 18.8%, 3Y rev CAGR 11.2%
- 27.4% revenue growth vs NEOG's -3.2%
- +125.1% vs ZTS's -42.7%
ELAN lags the leaders in this set but could rank higher in a more targeted comparison.
ZTS carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- Dividend streak 13 yrs, beta 0.90, yield 2.3%
- Lower volatility, beta 0.90, current ratio 3.03x
- PEG 1.04 vs IDXX's 2.76
- Beta 0.90, yield 2.3%, current ratio 3.03x
Among these 5 stocks, NEOG doesn't own a clear edge in any measured category.
IDXX ranks third and is worth considering specifically for long-term compounding.
- 5.6% 10Y total return vs PAHC's 128.6%
- 32.6% ROA vs NEOG's -17.9%, ROIC 42.5% vs 0.2%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 27.4% revenue growth vs NEOG's -3.2% | |
| Value | Lower P/E (12.4x vs 39.5x), PEG 1.04 vs 2.76 | |
| Quality / Margins | 27.8% margin vs NEOG's -68.5% | |
| Stability / Safety | Beta 0.90 vs NEOG's 1.83 | |
| Dividends | 2.3% yield, 13-year raise streak, vs PAHC's 1.1%, (3 stocks pay no dividend) | |
| Momentum (1Y) | +125.1% vs ZTS's -42.7% | |
| Efficiency (ROA) | 32.6% ROA vs NEOG's -17.9%, ROIC 42.5% vs 0.2% |
PAHC vs ELAN vs ZTS vs NEOG vs IDXX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
PAHC vs ELAN vs ZTS vs NEOG vs IDXX — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
ZTS leads in 3 of 6 categories
IDXX leads 1 • PAHC leads 1 • ELAN leads 0 • NEOG leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
ZTS leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ZTS is the larger business by revenue, generating $9.5B annually — 10.8x NEOG's $880M. ZTS is the more profitable business, keeping 27.8% of every revenue dollar as net income compared to NEOG's -68.5%. On growth, PAHC holds the edge at +20.9% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $1.5B | $4.9B | $9.5B | $880M | $4.4B |
| EBITDAEarnings before interest/tax | $220M | $957M | $4.0B | $100M | $1.5B |
| Net IncomeAfter-tax profit | $92M | -$242M | $2.6B | -$603M | $1.1B |
| Free Cash FlowCash after capex | $47M | $315M | $2.1B | $17M | $845M |
| Gross MarginGross profit ÷ Revenue | +31.9% | +49.4% | +70.8% | +38.0% | +62.1% |
| Operating MarginEBIT ÷ Revenue | +11.6% | +9.0% | +37.9% | -2.0% | +31.6% |
| Net MarginNet income ÷ Revenue | +6.3% | -4.9% | +27.8% | -68.5% | +24.6% |
| FCF MarginFCF ÷ Revenue | +3.2% | +6.4% | +22.5% | +2.0% | +19.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +20.9% | +14.9% | +1.9% | -2.8% | +14.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +7.4% | -15.4% | +0.7% | +96.5% | +16.6% |
Valuation Metrics
ZTS leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 14.5x trailing earnings, ZTS trades at a 67% valuation discount to IDXX's 43.7x P/E. Adjusting for growth (PEG ratio), ZTS offers better value at 1.21x vs PAHC's 4.85x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $1.7B | $12.0B | $36.9B | $2.0B | $45.4B |
| Enterprise ValueMkt cap + debt − cash | $2.4B | $15.5B | $44.0B | $2.8B | $46.3B |
| Trailing P/EPrice ÷ TTM EPS | 36.27x | -51.07x | 14.50x | -1.84x | 43.75x |
| Forward P/EPrice ÷ next-FY EPS est. | 14.23x | 23.29x | 12.43x | 25.87x | 39.45x |
| PEG RatioP/E ÷ EPS growth rate | 4.85x | — | 1.21x | — | 3.06x |
| EV / EBITDAEnterprise value multiple | 15.65x | 16.59x | 10.78x | 20.70x | 31.60x |
| Price / SalesMarket cap ÷ Revenue | 1.35x | 2.54x | 3.89x | 2.25x | 10.56x |
| Price / BookPrice ÷ Book value/share | 6.15x | 1.82x | 11.63x | 0.97x | 28.75x |
| Price / FCFMarket cap ÷ FCF | 41.82x | 42.21x | 16.14x | — | 43.14x |
Profitability & Efficiency
IDXX leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
IDXX delivers a 70.9% return on equity — every $100 of shareholder capital generates $71 in annual profit, vs $-29 for NEOG. NEOG carries lower financial leverage with a 0.44x debt-to-equity ratio, signaling a more conservative balance sheet compared to ZTS's 2.85x. On the Piotroski fundamental quality scale (0–9), ZTS scores 7/9 vs NEOG's 3/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +30.8% | -3.6% | +62.4% | -28.6% | +70.9% |
| ROA (TTM)Return on assets | +6.7% | -1.8% | +17.5% | -17.9% | +32.6% |
| ROICReturn on invested capital | +9.8% | +1.9% | +26.9% | +0.2% | +42.5% |
| ROCEReturn on capital employed | +12.0% | +2.2% | +29.9% | +0.2% | +61.4% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 | 7 | 3 | 7 |
| Debt / EquityFinancial leverage | 2.67x | 0.61x | 2.85x | 0.44x | 0.67x |
| Net DebtTotal debt minus cash | $694M | $3.5B | $7.2B | $784M | $897M |
| Cash & Equiv.Liquid assets | $68M | $545M | $2.3B | $129M | $180M |
| Total DebtShort + long-term debt | $762M | $4.0B | $9.5B | $913M | $1.1B |
| Interest CoverageEBIT ÷ Interest expense | 3.64x | -0.26x | 11.33x | -8.33x | 35.55x |
Total Returns (Dividends Reinvested)
PAHC leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in PAHC five years ago would be worth $16,597 today (with dividends reinvested), compared to $1,940 for NEOG. Over the past 12 months, PAHC leads with a +125.1% total return vs ZTS's -42.7%. The 3-year compound annual growth rate (CAGR) favors PAHC at 45.9% vs ZTS's -20.5% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +16.0% | +6.6% | -29.8% | +32.1% | -14.6% |
| 1-Year ReturnPast 12 months | +125.1% | +99.9% | -42.7% | +56.0% | +17.6% |
| 3-Year ReturnCumulative with dividends | +210.4% | +156.5% | -49.8% | -46.1% | +17.9% |
| 5-Year ReturnCumulative with dividends | +66.0% | -27.0% | -44.4% | -80.6% | +5.1% |
| 10-Year ReturnCumulative with dividends | +128.6% | -33.3% | +107.3% | -49.8% | +556.2% |
| CAGR (3Y)Annualised 3-year return | +45.9% | +36.9% | -20.5% | -18.6% | +5.6% |
Risk & Volatility
Evenly matched — ELAN and ZTS each lead in 1 of 2 comparable metrics.
Risk & Volatility
ZTS is the less volatile stock with a 0.90 beta — it tends to amplify market swings less than NEOG's 1.83 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ELAN currently trades 86.6% from its 52-week high vs ZTS's 50.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.38x | 1.42x | 0.90x | 1.83x | 1.35x |
| 52-Week HighHighest price in past year | $60.08 | $27.72 | $172.23 | $11.43 | $769.98 |
| 52-Week LowLowest price in past year | $19.00 | $10.75 | $85.31 | $4.53 | $471.74 |
| % of 52W HighCurrent price vs 52-week peak | +71.8% | +86.6% | +50.7% | +80.9% | +74.3% |
| RSI (14)Momentum oscillator 0–100 | 60.3 | 68.9 | 34.9 | 46.2 | 52.1 |
| Avg Volume (50D)Average daily shares traded | 302K | 4.6M | 3.7M | 2.5M | 533K |
Analyst Outlook
ZTS leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: PAHC as "Buy", ELAN as "Buy", ZTS as "Hold", NEOG as "Hold", IDXX as "Buy". Consensus price targets imply 63.8% upside for ZTS (target: $143) vs 13.5% for PAHC (target: $49). For income investors, ZTS offers the higher dividend yield at 2.29% vs PAHC's 1.11%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Hold | Hold | Buy |
| Price TargetConsensus 12-month target | $49.00 | $27.88 | $143.00 | $11.00 | $773.13 |
| # AnalystsCovering analysts | 13 | 20 | 30 | 11 | 22 |
| Dividend YieldAnnual dividend ÷ price | +1.1% | — | +2.3% | — | — |
| Dividend StreakConsecutive years of raises | 0 | — | 13 | — | — |
| Dividend / ShareAnnual DPS | $0.48 | — | $2.00 | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +8.8% | 0.0% | +2.7% |
ZTS leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). IDXX leads in 1 (Profitability & Efficiency). 1 tied.
PAHC vs ELAN vs ZTS vs NEOG vs IDXX: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is PAHC or ELAN or ZTS or NEOG or IDXX a better buy right now?
For growth investors, Phibro Animal Health Corporation (PAHC) is the stronger pick with 27.
4% revenue growth year-over-year, versus -3. 2% for Neogen Corporation (NEOG). Zoetis Inc. (ZTS) offers the better valuation at 14. 5x trailing P/E (12. 4x forward), making it the more compelling value choice. Analysts rate Phibro Animal Health Corporation (PAHC) a "Buy" — based on 13 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — PAHC or ELAN or ZTS or NEOG or IDXX?
On trailing P/E, Zoetis Inc.
(ZTS) is the cheapest at 14. 5x versus IDEXX Laboratories, Inc. at 43. 7x. On forward P/E, Zoetis Inc. is actually cheaper at 12. 4x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Zoetis Inc. wins at 1. 04x versus IDEXX Laboratories, Inc. 's 2. 76x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — PAHC or ELAN or ZTS or NEOG or IDXX?
Over the past 5 years, Phibro Animal Health Corporation (PAHC) delivered a total return of +66.
0%, compared to -80. 6% for Neogen Corporation (NEOG). Over 10 years, the gap is even starker: IDXX returned +556. 2% versus NEOG's -49. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — PAHC or ELAN or ZTS or NEOG or IDXX?
By beta (market sensitivity over 5 years), Zoetis Inc.
(ZTS) is the lower-risk stock at 0. 90β versus Neogen Corporation's 1. 83β — meaning NEOG is approximately 102% more volatile than ZTS relative to the S&P 500. On balance sheet safety, Neogen Corporation (NEOG) carries a lower debt/equity ratio of 44% versus 3% for Zoetis Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — PAHC or ELAN or ZTS or NEOG or IDXX?
By revenue growth (latest reported year), Phibro Animal Health Corporation (PAHC) is pulling ahead at 27.
4% versus -3. 2% for Neogen Corporation (NEOG). On earnings-per-share growth, the picture is similar: Phibro Animal Health Corporation grew EPS 1883% year-over-year, compared to -114. 6% for Neogen Corporation. Over a 3-year CAGR, NEOG leads at 19. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — PAHC or ELAN or ZTS or NEOG or IDXX?
Zoetis Inc.
(ZTS) is the more profitable company, earning 28. 2% net margin versus -122. 1% for Neogen Corporation — meaning it keeps 28. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ZTS leads at 38. 0% versus 1. 1% for NEOG. At the gross margin level — before operating expenses — ZTS leads at 70. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is PAHC or ELAN or ZTS or NEOG or IDXX more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Zoetis Inc. (ZTS) is the more undervalued stock at a PEG of 1. 04x versus IDEXX Laboratories, Inc. 's 2. 76x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, Zoetis Inc. (ZTS) trades at 12. 4x forward P/E versus 39. 5x for IDEXX Laboratories, Inc. — 27. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ZTS: 63. 8% to $143. 00.
08Which pays a better dividend — PAHC or ELAN or ZTS or NEOG or IDXX?
In this comparison, ZTS (2.
3% yield), PAHC (1. 1% yield) pay a dividend. ELAN, NEOG, IDXX do not pay a meaningful dividend and should not be held primarily for income.
09Is PAHC or ELAN or ZTS or NEOG or IDXX better for a retirement portfolio?
For long-horizon retirement investors, Zoetis Inc.
(ZTS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 90), 2. 3% yield, +107. 3% 10Y return). Neogen Corporation (NEOG) carries a higher beta of 1. 83 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (ZTS: +107. 3%, NEOG: -49. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between PAHC and ELAN and ZTS and NEOG and IDXX?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: PAHC is a small-cap high-growth stock; ELAN is a mid-cap quality compounder stock; ZTS is a mid-cap deep-value stock; NEOG is a small-cap quality compounder stock; IDXX is a mid-cap quality compounder stock. PAHC, ZTS pay a dividend while ELAN, NEOG, IDXX do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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