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Side-by-side financial comparison of Mission Produce, Inc. (AVO) and PHIBRO ANIMAL HEALTH CORP (PAHC). Click either name above to swap in a different company.
PHIBRO ANIMAL HEALTH CORP is the larger business by last-quarter revenue ($373.9M vs $319.0M, roughly 1.2× Mission Produce, Inc.). PHIBRO ANIMAL HEALTH CORP runs the higher net margin — 7.3% vs 5.0%, a 2.3% gap on every dollar of revenue. On growth, PHIBRO ANIMAL HEALTH CORP posted the faster year-over-year revenue change (20.9% vs -10.0%). Mission Produce, Inc. produced more free cash flow last quarter ($55.6M vs $8.3M). Over the past eight quarters, PHIBRO ANIMAL HEALTH CORP's revenue compounded faster (19.2% CAGR vs 11.0%).
Mission Produce, Inc.AVOEarnings & Financial Report
Produce Co., Ltd. was a Japanese video game company. Founded on April 6, 1990 by former Irem employees, it developed a number of games for both Enix and Hudson Soft. Produce! have created games for arcades and for the Super Nintendo Entertainment System, Nintendo 64, PlayStation, and PC Engine systems.
Phibro Animal Health Corporation is an American animal health and mineral nutrition company. Its products include antibacterials, anticoccidials, anthelmintics, as well as animal nutrition and vaccines for livestock. The company operates through three segments Mineral Nutrition, Performance Materials, and Animal Health, from which most of its revenue is derived. The company operates in the United States, Latin America, Canada, Europe, Middle East, Africa, and Asia-Pacific. It is incorporated ...
AVO vs PAHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | ||
|---|---|---|
| Revenue | $319.0M | $373.9M |
| Net Profit | $16.0M | $27.5M |
| Gross Margin | 17.5% | 35.5% |
| Operating Margin | 8.8% | 13.5% |
| Net Margin | 5.0% | 7.3% |
| Revenue YoY | -10.0% | 20.9% |
| Net Profit YoY | -7.5% | 762.1% |
| EPS (diluted) | $0.23 | $0.67 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $319.0M | $373.9M | ||
| Q3 25 | $357.7M | $363.9M | ||
| Q2 25 | $380.3M | $378.7M | ||
| Q1 25 | $334.2M | $347.8M | ||
| Q4 24 | $354.4M | $309.3M | ||
| Q3 24 | $324.0M | $260.4M | ||
| Q2 24 | $297.6M | $273.2M | ||
| Q1 24 | $258.7M | $263.2M |
| Q4 25 | $16.0M | $27.5M | ||
| Q3 25 | $14.7M | $26.5M | ||
| Q2 25 | $3.1M | $17.2M | ||
| Q1 25 | $3.9M | $20.9M | ||
| Q4 24 | $17.3M | $3.2M | ||
| Q3 24 | $12.4M | $7.0M | ||
| Q2 24 | $7.0M | $752.0K | ||
| Q1 24 | $0 | $8.4M |
| Q4 25 | 17.5% | 35.5% | ||
| Q3 25 | 12.6% | 32.9% | ||
| Q2 25 | 7.5% | 29.0% | ||
| Q1 25 | 9.4% | 30.1% | ||
| Q4 24 | 15.7% | 32.9% | ||
| Q3 24 | 11.4% | 32.1% | ||
| Q2 24 | 10.4% | 31.9% | ||
| Q1 24 | 11.1% | 30.2% |
| Q4 25 | 8.8% | 13.5% | ||
| Q3 25 | 5.9% | 14.1% | ||
| Q2 25 | 1.8% | 8.9% | ||
| Q1 25 | 2.8% | 9.6% | ||
| Q4 24 | 8.1% | 8.3% | ||
| Q3 24 | 5.2% | 6.8% | ||
| Q2 24 | 4.1% | 6.7% | ||
| Q1 24 | 3.1% | 7.6% |
| Q4 25 | 5.0% | 7.3% | ||
| Q3 25 | 4.1% | 7.3% | ||
| Q2 25 | 0.8% | 4.5% | ||
| Q1 25 | 1.2% | 6.0% | ||
| Q4 24 | 4.9% | 1.0% | ||
| Q3 24 | 3.8% | 2.7% | ||
| Q2 24 | 2.4% | 0.3% | ||
| Q1 24 | — | 3.2% |
| Q4 25 | $0.23 | $0.67 | ||
| Q3 25 | $0.21 | $0.65 | ||
| Q2 25 | $0.04 | $0.43 | ||
| Q1 25 | $0.05 | $0.51 | ||
| Q4 24 | $0.25 | $0.08 | ||
| Q3 24 | $0.17 | $0.17 | ||
| Q2 24 | $0.10 | $0.02 | ||
| Q1 24 | $0.00 | $0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $64.8M | $74.5M |
| Total DebtLower is stronger | $95.8M | $624.2M |
| Stockholders' EquityBook value | $587.3M | $332.4M |
| Total Assets | $983.0M | $1.4B |
| Debt / EquityLower = less leverage | 0.16× | 1.88× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $64.8M | $74.5M | ||
| Q3 25 | $43.7M | $85.3M | ||
| Q2 25 | $36.7M | $77.0M | ||
| Q1 25 | $40.1M | $70.4M | ||
| Q4 24 | $58.0M | $67.1M | ||
| Q3 24 | $49.5M | $89.8M | ||
| Q2 24 | $46.2M | $114.6M | ||
| Q1 24 | $39.9M | $98.7M |
| Q4 25 | $95.8M | $624.2M | ||
| Q3 25 | $131.5M | $628.0M | ||
| Q2 25 | $147.2M | $631.7M | ||
| Q1 25 | $117.9M | $635.4M | ||
| Q4 24 | $113.7M | $639.1M | ||
| Q3 24 | $134.4M | $295.2M | ||
| Q2 24 | $170.2M | $312.1M | ||
| Q1 24 | $156.1M | — |
| Q4 25 | $587.3M | $332.4M | ||
| Q3 25 | $568.7M | $311.7M | ||
| Q2 25 | $552.3M | $285.7M | ||
| Q1 25 | $550.8M | $266.0M | ||
| Q4 24 | $547.3M | $246.8M | ||
| Q3 24 | $527.3M | $258.5M | ||
| Q2 24 | $513.3M | $256.6M | ||
| Q1 24 | $505.1M | $270.1M |
| Q4 25 | $983.0M | $1.4B | ||
| Q3 25 | $1.0B | $1.4B | ||
| Q2 25 | $1.0B | $1.4B | ||
| Q1 25 | $997.8M | $1.3B | ||
| Q4 24 | $971.5M | $1.3B | ||
| Q3 24 | $959.9M | $966.3M | ||
| Q2 24 | $966.9M | $982.2M | ||
| Q1 24 | $937.5M | $979.0M |
| Q4 25 | 0.16× | 1.88× | ||
| Q3 25 | 0.23× | 2.01× | ||
| Q2 25 | 0.27× | 2.21× | ||
| Q1 25 | 0.21× | 2.39× | ||
| Q4 24 | 0.21× | 2.59× | ||
| Q3 24 | 0.25× | 1.14× | ||
| Q2 24 | 0.33× | 1.22× | ||
| Q1 24 | 0.31× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $67.2M | $19.4M |
| Free Cash FlowOCF − Capex | $55.6M | $8.3M |
| FCF MarginFCF / Revenue | 17.4% | 2.2% |
| Capex IntensityCapex / Revenue | 3.6% | 3.0% |
| Cash ConversionOCF / Net Profit | 4.20× | 0.70× |
| TTM Free Cash FlowTrailing 4 quarters | $37.2M | $47.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $67.2M | $19.4M | ||
| Q3 25 | $34.4M | $9.3M | ||
| Q2 25 | $-11.8M | $21.3M | ||
| Q1 25 | $-1.2M | $43.2M | ||
| Q4 24 | $38.0M | $3.1M | ||
| Q3 24 | $42.5M | $12.6M | ||
| Q2 24 | $3.4M | $28.4M | ||
| Q1 24 | $9.5M | $11.4M |
| Q4 25 | $55.6M | $8.3M | ||
| Q3 25 | $22.6M | $-4.5M | ||
| Q2 25 | $-25.0M | $8.1M | ||
| Q1 25 | $-16.0M | $35.4M | ||
| Q4 24 | $31.1M | $-4.7M | ||
| Q3 24 | $34.9M | $3.0M | ||
| Q2 24 | $-4.4M | $15.4M | ||
| Q1 24 | $-400.0K | $1.7M |
| Q4 25 | 17.4% | 2.2% | ||
| Q3 25 | 6.3% | -1.2% | ||
| Q2 25 | -6.6% | 2.1% | ||
| Q1 25 | -4.8% | 10.2% | ||
| Q4 24 | 8.8% | -1.5% | ||
| Q3 24 | 10.8% | 1.2% | ||
| Q2 24 | -1.5% | 5.6% | ||
| Q1 24 | -0.2% | 0.6% |
| Q4 25 | 3.6% | 3.0% | ||
| Q3 25 | 3.3% | 3.8% | ||
| Q2 25 | 3.5% | 3.5% | ||
| Q1 25 | 4.4% | 2.2% | ||
| Q4 24 | 1.9% | 2.5% | ||
| Q3 24 | 2.3% | 3.7% | ||
| Q2 24 | 2.6% | 4.8% | ||
| Q1 24 | 3.8% | 3.7% |
| Q4 25 | 4.20× | 0.70× | ||
| Q3 25 | 2.34× | 0.35× | ||
| Q2 25 | -3.81× | 1.24× | ||
| Q1 25 | -0.31× | 2.07× | ||
| Q4 24 | 2.20× | 0.97× | ||
| Q3 24 | 3.43× | 1.81× | ||
| Q2 24 | 0.49× | 37.80× | ||
| Q1 24 | — | 1.36× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AVO
| Avocado | $256.9M | 81% |
| Blueberry | $36.5M | 11% |
| Mango | $18.7M | 6% |
| Other | $6.9M | 2% |
PAHC
| Medicated Feed Additives And Others | $202.1M | 54% |
| Mineral Nutrition | $68.9M | 18% |
| Nutritional Specialties | $50.2M | 13% |
| Vaccines | $37.6M | 10% |
| Performance Products | $15.0M | 4% |