Alkermes vs Phibro Animal Health
Phibro Animal Health reported revenue of $1.5 billion in fiscal 2026, about the same as Alkermes' $1.5 billion in fiscal 2025. Alkermes' revenue fell 5.2% in its latest year, and Phibro Animal Health's grew 17.1%. Alkermes had an operating margin of 17.2%, against 12.8% at Phibro Animal Health. Free cash flow was $480 million at Alkermes and $10 million at Phibro Animal Health. Their fiscal years end in different months (December 31 and June 30), so the periods don't line up exactly.
Side by side
| Alkermes | Phibro Animal Health | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2026, Jun 30, 2026 |
| Revenue | $1.5B | $1.5B |
| Revenue growth | −5.2% | 17.1% |
| Revenue growth a year, last 5 years | 7.3% | 12.7% |
| Gross margin | 86.7% | 33.8% |
| Operating margin | 17.2% | 12.8% |
| Net margin | 16.4% | 6.6% |
| Free cash flow | $480M | $10M |
| Free cash flow margin | 32.5% | 0.7% |
| Return on capital | — | — |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $0M | $20M |
| Change in diluted share count | −0.3% | 0.7% |
| Last close | $45.90 | $32.96 |
| P/E at the last close | — | 13.1× |
| Insider trades, last 12 months | sold $10.0 million | bought $317,700, sold $27.9 million |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
AlkermesPhibro Animal Health
Operating margin
Percent of revenue
AlkermesPhibro Animal Health
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
AlkermesPhibro Animal Health
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Alkermes and Phibro Animal Health pages.