Phibro Animal Health Corporation (PAHC) AI Stock Analysis

NASDAQ: PAHCAI research summary: business, growth, valuation, analysts, bull and bear case.

PAHC AI stock analysis summary

AI Research

Phibro Animal Health Corporation (PAHC) develops, manufactures, and supplies animal health and mineral nutrition products for food and companion animals. In FY2026, the company generated $1.52B in revenue with net income of $99.7M, representing 17.1% revenue growth over FY2025. Over the last five years, PAHC delivered a 101.8% return, while carrying $788.8M in total debt as of June 30, 2026.

Market cap
$1.58B
Revenue (TTM)
$1.52B
P/E
16.0x
fwd 13.8x
1Y return
1.9%
S&P 500 16.8%
Avg. target
$47.00
21.1% vs last close

Bull case

  • FY2026 net income increased to $99.7M with EPS rising to $3.21, driven by revenue expansion to $1.52B and an operating margin of 13.1%.
  • PAHC trades at an EV/EBITDA of 9.0x and forward P/E of 13.8x, sitting at a discount to the median of its US-listed Healthcare peers of 12.0x and 17.3x.
  • The company beat EPS estimates in each of the last 4 quarters, while analysts project FY2027 EPS to grow 8.6% to $3.50.

Bear case

  • Free cash flow contracted from $41.8M in FY2025 to $9.9M in FY2026 due to $59.1M in capital expenditures.
  • The balance sheet carries $788.8M in total debt against just $82.0M in cash, leading to a high debt-to-equity ratio of 2.05.
  • The stock returned only 1.9% over the past year, substantially lagging the S&P 500 (SPY) gain of 16.8%.

What Phibro Animal Health does

Headquartered in Teaneck, New Jersey, Phibro Animal Health Corporation develops, manufactures, and supplies animal health and mineral nutrition products catering to both food and companion animals. Operating across three segments Animal Health, Mineral Nutrition, and Performance Products the company serves poultry, swine, beef and dairy cattle, aquaculture species, and dogs. Its animal health portfolio features antibacterials, anticoccidials, anthelmintics, and anti-bloat treatments for cattle. In addition, Phibro produces specialty nutritional products and formulations of trace minerals such as zinc, manganese, copper, and iron, which also serve personal care, industrial chemicals, and chemical catalysts. Products are distributed globally through local sales offices.

Growth and profitability

Phibro expanded revenue from $942.3M in FY2022 to $1.02B in FY2024, before accelerating to $1.30B in FY2025 and $1.52B in FY2026, achieving a 5-year revenue CAGR of 12.7%. Gross margin widened from 30.3% in FY2022 to 33.7% in FY2026, while operating margin expanded to 13.1% from 8.4% in FY2022. Net income increased from $49.2M in FY2022 to $99.7M in FY2026, with EPS rising from $1.31 to $3.21. For the latest quarter ended June 30, 2026, quarterly revenue grew 4.8% year-over-year, and quarterly earnings grew 24.6% year-over-year, supported by a trailing twelve months net profit margin of 6.6%.

PAHC income statement →

Balance sheet and cash flow

As of June 30, 2026, Phibro held $82.0M in cash and short-term investments against $788.8M in total debt, resulting in net debt of $706.8M and a debt-to-equity ratio of 2.05. Shareholders' equity stood at $385.5M, supported by a current ratio of 2.96. Operating cash flow reached $69.0M in FY2026, down from $80.1M in FY2025, yielding free cash flow of $9.9M after capital expenditures of $59.1M. Cash distributions included $19.5M in dividends paid during FY2026, while share count changed by 1.2% over 5 years.

PAHC balance sheet →

Valuation and performance

PAHC trades at a trailing P/E of 16.0x and a forward P/E of 13.8x, both below the median of its US-listed Healthcare peers at 24.6x and 17.3x, respectively. Its enterprise value to EBITDA ratio is 9.0x compared to the peer median of 12.0x, and its price-to-sales multiple is 1.0x against the peer median of 4.1x. Over the past year, PAHC shares gained 1.9%, trailing the S&P 500 (SPY) return of 16.8%. Over five years, however, PAHC returned 101.8%, outperforming the S&P 500 (SPY) return of 83.0%.

PAHC key metrics →

PAHC dividend

PAHC pays a forward annual dividend of $0.48 per share, representing a dividend yield of 1.23% with a payout ratio of 14.9%. The quarterly dividend has been paid for 13 consecutive years, though its 5-year annualized dividend growth stands at 0.0%. The most recent ex-dividend date was September 2, 2026.

PAHC dividend history →

What analysts expect

Wall Street analysts maintain 0 Strong Buy, 1 Buy, 2 Hold, and 1 Sell ratings on PAHC. The mean price target is $47.00, implying a 21.1% upside from the last close of $38.82. Analysts forecast current fiscal year ending June 30, 2027 EPS of $3.50 on revenue of $1.58B, and next fiscal year EPS of $3.85 on revenue of $1.63B. PAHC beat EPS estimates in each of the last 4 quarters, with its next earnings date scheduled for November 4, 2026.

PAHC forecast and price target →

Key risks and what to watch

  • Net debt of $706.8M creates significant leverage exposure given the modest cash buffer of $82.0M.
  • Free cash flow narrowed to $9.9M in FY2026, which leaves less headroom to support both capital expenditures of $59.1M and dividends of $19.5M.
  • Revenue growth is projected to slow to 3.5% for the fiscal year ending June 30, 2028, according to analyst estimates.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this PAHC AI stock analysis

This page is an AI-written research summary of Phibro Animal Health Corporation (PAHC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: PAHC income statement, PAHC balance sheet, PAHC key metrics, PAHC analyst forecast, PAHC chart. See the PAHC stock overview for the latest quote and news.

PAHC AI stock analysis FAQ

What was Phibro Animal Health's revenue and earnings in FY2026?

In FY2026, Phibro generated $1.52B in revenue, up 17.1% from FY2025, while net income reached $99.7M, producing diluted EPS of $3.21.

Does PAHC pay a dividend?

Yes, PAHC pays a quarterly dividend totaling $0.48 annually, corresponding to a 1.23% dividend yield and a 14.9% payout ratio. The company has paid dividends for 13 consecutive years.

What is PAHC's valuation compared to peers?

PAHC trades at a forward P/E of 13.8x and an EV/EBITDA of 9.0x, which are lower than the median of its US-listed Healthcare peers at 17.3x and 12.0x, respectively.

What is Phibro's financial leverage and debt position?

As of June 30, 2026, Phibro reported $788.8M in total debt and $82.0M in cash and short-term investments, resulting in net debt of $706.8M and a debt-to-equity ratio of 2.05.

What are analysts' expectations and price targets for PAHC?

Analysts have a mean price target of $47.00 for PAHC, representing a 21.1% premium to its last close of $38.82, with consensus estimates predicting FY2027 EPS of $3.50.

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