PAHC
Phibro Animal Health Corporation
NASDAQ: PAHC · HEALTHCARE · DRUG MANUFACTURERS - SPECIALTY & GENERIC
$52.50
-3.30% today
Updated 2026-04-29
Market cap
$2.13B
P/E ratio
23.23
P/S ratio
1.45x
EPS (TTM)
$2.26
Dividend yield
0.88%
52W range
$18 – $60
Volume
0.3M
Phibro Animal Health Corporation (PAHC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $398.40M | $453.00M | $511.40M | $537.10M | $594.20M | $618.33M | $654.10M | $653.15M | $691.90M | $748.59M | $751.50M | $764.30M | $820.00M | $828.00M | $800.35M | $833.35M | $942.26M | $977.89M | $1.02B | $1.30B |
| Revenue growth (YoY) | — | +13.7% | +12.9% | +5.0% | +10.6% | +4.1% | +5.8% | -0.1% | +5.9% | +8.2% | +0.4% | +1.7% | +7.3% | +1.0% | -3.3% | +4.1% | +13.1% | +3.8% | +4.1% | +27.4% |
| Cost of revenue | $307.30M | $341.80M | $389.70M | $407.50M | $439.50M | $471.67M | $489.96M | $474.19M | $484.10M | $512.22M | $512.50M | $516.00M | $553.10M | $563.40M | $543.47M | $561.97M | $656.86M | $679.65M | $704.59M | $896.27M |
| Gross profit | $91.10M | $111.20M | $121.70M | $129.60M | $154.70M | $146.66M | $164.14M | $178.96M | $207.80M | $236.37M | $239.00M | $248.30M | $266.90M | $264.60M | $256.88M | $271.38M | $285.40M | $298.24M | $313.09M | $399.94M |
| Gross margin | 22.9% | 24.5% | 23.8% | 24.1% | 26.0% | 23.7% | 25.1% | 27.4% | 30.0% | 31.6% | 31.8% | 32.5% | 32.5% | 32.0% | 32.1% | 32.6% | 30.3% | 30.5% | 30.8% | 30.9% |
| R&D | — | $4.65M | $5.66M | $5.95M | — | — | $7.19M | $6.64M | $8.21M | $9.51M | $11.03M | $9.44M | $10.00M | $12.08M | $13.74M | $17.76M | $20.83M | $24.39M | $29.19M | $23.73M |
| SG&A | $68.10M | $76.20M | $81.30M | $84.60M | $101.90M | $105.43M | $114.81M | $122.23M | $143.98M | $148.70M | $153.29M | $150.31M | $167.95M | $181.40M | $187.69M | $196.51M | $206.41M | $226.39M | $259.78M | $289.48M |
| Operating income | $23.00M | $21.10M | $29.30M | $41.40M | $52.80M | $41.24M | $49.33M | $56.73M | $63.80M | $87.67M | $85.70M | $97.90M | $98.90M | $73.30M | $69.19M | $74.87M | $78.99M | $71.85M | $53.31M | $110.47M |
| Operating margin | 5.8% | 4.7% | 5.7% | 7.7% | 8.9% | 6.7% | 7.5% | 8.7% | 9.2% | 11.7% | 11.4% | 12.8% | 12.1% | 8.9% | 8.6% | 9.0% | 8.4% | 7.3% | 5.2% | 8.5% |
| EBITDA | $-26.51M | $-22.88M | $-22.10M | $-48.30M | $12.80M | $43.40M | $66.34M | $72.64M | $60.84M | $114.92M | $117.06M | $123.90M | $125.84M | $112.75M | $101.58M | $110.21M | $117.13M | $106.03M | $69.06M | $146.85M |
| EBITDA margin | -6.7% | -5.1% | -4.3% | -9.0% | 2.2% | 7.0% | 10.1% | 11.1% | 8.8% | 15.4% | 15.6% | 16.2% | 15.3% | 13.6% | 12.7% | 13.2% | 12.4% | 10.8% | 6.8% | 11.3% |
| EBIT | $-40.50M | $-33.60M | $29.30M | $41.40M | $52.80M | $26.71M | $48.81M | $53.62M | $39.39M | $93.32M | $93.61M | $97.90M | $98.90M | $85.18M | $69.24M | $78.33M | $84.43M | $72.02M | $32.89M | $101.24M |
| Interest expense | $32.60M | $27.30M | $26.90M | $43.40M | $33.10M | $34.59M | $35.70M | $35.77M | $33.00M | $14.55M | $16.85M | $14.90M | $11.90M | $13.68M | $14.30M | $10.40M | $12.10M | $17.95M | $21.97M | $33.25M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-13.10M | $-6.70M | $2.20M | $-8.30M | $42.10M | $-12.92M | $6.98M | $24.89M | $-3.10M | $60.28M | $82.70M | $64.60M | $64.90M | $54.70M | $33.55M | $54.38M | $49.17M | $32.61M | $2.42M | $48.26M |
| Net income growth (YoY) | — | +48.9% | +132.8% | -477.3% | +607.2% | -130.7% | +154.0% | +256.8% | -112.5% | +2044.5% | +37.2% | -21.9% | +0.5% | -15.7% | -38.7% | +62.1% | -9.6% | -33.7% | -92.6% | +1897.7% |
| Profit margin | -3.3% | -1.5% | 0.4% | -1.5% | 7.1% | -2.1% | 1.1% | 3.8% | -0.4% | 8.1% | 11.0% | 8.5% | 7.9% | 6.6% | 4.2% | 6.5% | 5.2% | 3.3% | 0.2% | 3.7% |