Drug Manufacturers - Specialty & Generic
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PAHC vs NEOG vs IDXX vs TSN vs ZTS
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Diagnostics & Research
Medical - Diagnostics & Research
Agricultural Farm Products
Drug Manufacturers - Specialty & Generic
PAHC vs NEOG vs IDXX vs TSN vs ZTS — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Drug Manufacturers - Specialty & Generic | Medical - Diagnostics & Research | Medical - Diagnostics & Research | Agricultural Farm Products | Drug Manufacturers - Specialty & Generic |
| Market Cap | $1.62B | $1.97B | $44.49B | $24.34B | $34.96B |
| Revenue (TTM) | $1.46B | $880M | $4.45B | $55.71B | $9.51B |
| Net Income (TTM) | $92M | $-603M | $1.10B | $453M | $2.64B |
| Gross Margin | 31.9% | 38.0% | 62.1% | 6.6% | 70.8% |
| Operating Margin | 11.6% | -2.0% | 31.6% | 2.3% | 37.6% |
| Forward P/E | 13.1x | 25.3x | 38.3x | 17.0x | 11.9x |
| Total Debt | $762M | $913M | $1.08B | $8.83B | $9.49B |
| Cash & Equiv. | $68M | $129M | $180M | $1.23B | $2.31B |
PAHC vs NEOG vs IDXX vs TSN vs ZTS — 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 | 152.7 | +52.7% |
| Neogen Corporation (NEOG) | 100 | 25.4 | -74.6% |
| IDEXX Laboratories,… (IDXX) | 100 | 181.3 | +81.3% |
| Tyson Foods, Inc. (TSN) | 100 | 111.3 | +11.3% |
| Zoetis Inc. (ZTS) | 100 | 59.4 | -40.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: PAHC vs NEOG vs IDXX vs TSN vs ZTS
Each card shows where this stock fits in a portfolio — not just who wins on paper.
PAHC has the current edge in this matchup, primarily because of its strength in growth exposure.
- Rev growth 27.4%, EPS growth 18.8%, 3Y rev CAGR 11.2%
- 27.4% revenue growth vs NEOG's -3.2%
- +81.9% vs ZTS's -47.5%
Among these 5 stocks, NEOG doesn't own a clear edge in any measured category.
IDXX is the clearest fit if your priority is long-term compounding.
- 5.4% 10Y total return vs PAHC's 113.5%
- 32.6% ROA vs NEOG's -17.9%, ROIC 42.5% vs 0.2%
TSN is the #2 pick in this set and the best alternative if income & stability and sleep-well-at-night is your priority.
- Dividend streak 13 yrs, beta 0.26, yield 2.9%
- Lower volatility, beta 0.26, Low D/E 48.4%, current ratio 1.55x
- Beta 0.26, yield 2.9%, current ratio 1.55x
- Beta 0.26 vs NEOG's 1.69
ZTS ranks third and is worth considering specifically for valuation efficiency.
- PEG 0.99 vs IDXX's 2.68
- Lower P/E (11.9x vs 17.0x)
- 27.8% margin vs NEOG's -68.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 27.4% revenue growth vs NEOG's -3.2% | |
| Value | Lower P/E (11.9x vs 17.0x) | |
| Quality / Margins | 27.8% margin vs NEOG's -68.5% | |
| Stability / Safety | Beta 0.26 vs NEOG's 1.69 | |
| Dividends | 2.9% yield, 13-year raise streak, vs ZTS's 2.4%, (2 stocks pay no dividend) | |
| Momentum (1Y) | +81.9% vs ZTS's -47.5% | |
| Efficiency (ROA) | 32.6% ROA vs NEOG's -17.9%, ROIC 42.5% vs 0.2% |
PAHC vs NEOG vs IDXX vs TSN vs ZTS — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
PAHC vs NEOG vs IDXX vs TSN vs ZTS — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
ZTS leads in 2 of 6 categories
TSN leads 2 • IDXX leads 1 • PAHC leads 1 • NEOG leads 0
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)
TSN is the larger business by revenue, generating $55.7B annually — 63.3x 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 | $880M | $4.4B | $55.7B | $9.5B |
| EBITDAEarnings before interest/tax | $220M | $100M | $1.5B | $2.7B | $4.1B |
| Net IncomeAfter-tax profit | $92M | -$603M | $1.1B | $453M | $2.6B |
| Free Cash FlowCash after capex | $47M | $17M | $845M | $1.2B | $2.1B |
| Gross MarginGross profit ÷ Revenue | +31.9% | +38.0% | +62.1% | +6.6% | +70.8% |
| Operating MarginEBIT ÷ Revenue | +11.6% | -2.0% | +31.6% | +2.3% | +37.6% |
| Net MarginNet income ÷ Revenue | +6.3% | -68.5% | +24.6% | +0.8% | +27.8% |
| FCF MarginFCF ÷ Revenue | +3.2% | +2.0% | +19.0% | +2.2% | +22.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +20.9% | -2.8% | +14.3% | +4.4% | +1.9% |
| EPS Growth (YoY)Latest quarter vs prior year | +7.4% | +96.5% | +16.6% | +36.1% | +0.7% |
Valuation Metrics
ZTS leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 13.8x trailing earnings, ZTS trades at a 73% valuation discount to TSN's 50.3x P/E. Adjusting for growth (PEG ratio), ZTS offers better value at 1.15x vs PAHC's 4.50x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $1.6B | $2.0B | $44.5B | $24.3B | $35.0B |
| Enterprise ValueMkt cap + debt − cash | $2.3B | $2.8B | $45.4B | $31.9B | $42.1B |
| Trailing P/EPrice ÷ TTM EPS | 33.61x | -1.80x | 42.82x | 50.28x | 13.76x |
| Forward P/EPrice ÷ next-FY EPS est. | 13.10x | 25.31x | 38.29x | 16.96x | 11.90x |
| PEG RatioP/E ÷ EPS growth rate | 4.50x | — | 3.00x | — | 1.15x |
| EV / EBITDAEnterprise value multiple | 14.83x | 20.37x | 30.95x | 11.40x | 10.32x |
| Price / SalesMarket cap ÷ Revenue | 1.25x | 2.20x | 10.34x | 0.45x | 3.69x |
| Price / BookPrice ÷ Book value/share | 5.70x | 0.95x | 28.15x | 1.31x | 11.04x |
| Price / FCFMarket cap ÷ FCF | 38.76x | — | 42.23x | 20.68x | 15.31x |
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), IDXX scores 7/9 vs NEOG's 3/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +30.8% | -28.6% | +70.9% | +2.5% | +62.4% |
| ROA (TTM)Return on assets | +6.7% | -17.9% | +32.6% | +1.3% | +17.5% |
| ROICReturn on invested capital | +9.8% | +0.2% | +42.5% | +4.1% | +26.9% |
| ROCEReturn on capital employed | +12.0% | +0.2% | +61.4% | +4.6% | +29.9% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 3 | 7 | 6 | 7 |
| Debt / EquityFinancial leverage | 2.67x | 0.44x | 0.67x | 0.48x | 2.85x |
| Net DebtTotal debt minus cash | $694M | $784M | $897M | $7.6B | $7.2B |
| Cash & Equiv.Liquid assets | $68M | $129M | $180M | $1.2B | $2.3B |
| Total DebtShort + long-term debt | $762M | $913M | $1.1B | $8.8B | $9.5B |
| Interest CoverageEBIT ÷ Interest expense | 3.64x | -8.33x | 35.55x | 2.73x | 14.74x |
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 $15,750 today (with dividends reinvested), compared to $1,958 for NEOG. Over the past 12 months, PAHC leads with a +81.9% total return vs ZTS's -47.5%. The 3-year compound annual growth rate (CAGR) favors PAHC at 42.3% vs ZTS's -21.8% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +7.6% | +29.3% | -16.4% | +18.7% | -33.4% |
| 1-Year ReturnPast 12 months | +81.9% | +51.1% | +14.3% | +25.0% | -47.5% |
| 3-Year ReturnCumulative with dividends | +188.4% | -47.3% | +15.4% | +46.5% | -52.2% |
| 5-Year ReturnCumulative with dividends | +57.5% | -80.4% | +6.6% | -1.0% | -46.9% |
| 10-Year ReturnCumulative with dividends | +113.5% | -50.9% | +542.3% | +23.8% | +97.8% |
| CAGR (3Y)Annualised 3-year return | +42.3% | -19.2% | +4.9% | +13.6% | -21.8% |
Risk & Volatility
TSN leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
TSN is the less volatile stock with a 0.26 beta — it tends to amplify market swings less than NEOG's 1.69 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. TSN currently trades 98.4% from its 52-week high vs ZTS's 48.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.35x | 1.69x | 1.36x | 0.26x | 0.88x |
| 52-Week HighHighest price in past year | $60.08 | $11.43 | $769.98 | $69.48 | $172.23 |
| 52-Week LowLowest price in past year | $19.17 | $4.53 | $485.41 | $50.56 | $81.10 |
| % of 52W HighCurrent price vs 52-week peak | +66.6% | +79.2% | +72.7% | +98.4% | +48.1% |
| RSI (14)Momentum oscillator 0–100 | 32.0 | 47.4 | 49.2 | 63.7 | 15.2 |
| Avg Volume (50D)Average daily shares traded | 315K | 2.5M | 535K | 2.7M | 4.0M |
Analyst Outlook
TSN leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: PAHC as "Buy", NEOG as "Hold", IDXX as "Buy", TSN as "Buy", ZTS as "Hold". Consensus price targets imply 61.3% upside for ZTS (target: $134) vs 9.7% for TSN (target: $75). For income investors, TSN offers the higher dividend yield at 2.93% vs PAHC's 1.19%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold | Buy | Buy | Hold |
| Price TargetConsensus 12-month target | $49.00 | $11.00 | $747.50 | $75.00 | $133.57 |
| # AnalystsCovering analysts | 13 | 11 | 22 | 30 | 30 |
| Dividend YieldAnnual dividend ÷ price | +1.2% | — | — | +2.9% | +2.4% |
| Dividend StreakConsecutive years of raises | 0 | — | — | 13 | 13 |
| Dividend / ShareAnnual DPS | $0.48 | — | — | $2.00 | $2.00 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +2.7% | +0.8% | +9.3% |
ZTS leads in 2 of 6 categories (Income & Cash Flow, Valuation Metrics). TSN leads in 2 (Risk & Volatility, Analyst Outlook).
PAHC vs NEOG vs IDXX vs TSN vs ZTS: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is PAHC or NEOG or IDXX or TSN or ZTS 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 13. 8x trailing P/E (11. 9x 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 NEOG or IDXX or TSN or ZTS?
On trailing P/E, Zoetis Inc.
(ZTS) is the cheapest at 13. 8x versus Tyson Foods, Inc. at 50. 3x. On forward P/E, Zoetis Inc. is actually cheaper at 11. 9x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Zoetis Inc. wins at 0. 99x versus IDEXX Laboratories, Inc. 's 2. 68x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — PAHC or NEOG or IDXX or TSN or ZTS?
Over the past 5 years, Phibro Animal Health Corporation (PAHC) delivered a total return of +57.
5%, compared to -80. 4% for Neogen Corporation (NEOG). Over 10 years, the gap is even starker: IDXX returned +542. 3% versus NEOG's -50. 9%. 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 NEOG or IDXX or TSN or ZTS?
By beta (market sensitivity over 5 years), Tyson Foods, Inc.
(TSN) is the lower-risk stock at 0. 26β versus Neogen Corporation's 1. 69β — meaning NEOG is approximately 550% more volatile than TSN 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 NEOG or IDXX or TSN or ZTS?
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 NEOG or IDXX or TSN or ZTS?
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 NEOG or IDXX or TSN or ZTS 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 0. 99x versus IDEXX Laboratories, Inc. 's 2. 68x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Zoetis Inc. (ZTS) trades at 11. 9x forward P/E versus 38. 3x for IDEXX Laboratories, Inc. — 26. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ZTS: 61. 3% to $133. 57.
08Which pays a better dividend — PAHC or NEOG or IDXX or TSN or ZTS?
In this comparison, TSN (2.
9% yield), ZTS (2. 4% yield), PAHC (1. 2% yield) pay a dividend. NEOG, IDXX do not pay a meaningful dividend and should not be held primarily for income.
09Is PAHC or NEOG or IDXX or TSN or ZTS better for a retirement portfolio?
For long-horizon retirement investors, Tyson Foods, Inc.
(TSN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 26), 2. 9% yield). Neogen Corporation (NEOG) carries a higher beta of 1. 69 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (TSN: +23. 8%, NEOG: -50. 9%), 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 NEOG and IDXX and TSN and ZTS?
These companies operate in different sectors (PAHC (Healthcare) and NEOG (Healthcare) and IDXX (Healthcare) and TSN (Consumer Defensive) and ZTS (Healthcare)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: PAHC is a small-cap high-growth stock; NEOG is a small-cap quality compounder stock; IDXX is a mid-cap quality compounder stock; TSN is a mid-cap quality compounder stock; ZTS is a mid-cap deep-value stock. PAHC, TSN, ZTS pay a dividend while 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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