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Side-by-side financial comparison of HighPeak Energy, Inc. (HPK) 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 $216.6M, roughly 1.7× HighPeak Energy, Inc.). PHIBRO ANIMAL HEALTH CORP runs the higher net margin — 7.3% vs -11.6%, a 19.0% gap on every dollar of revenue. On growth, PHIBRO ANIMAL HEALTH CORP posted the faster year-over-year revenue change (20.9% vs -23.3%). Over the past eight quarters, PHIBRO ANIMAL HEALTH CORP's revenue compounded faster (19.2% CAGR vs -13.2%).

Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company serves over 7 million customers in the eastern United States. In 2024 it ranked as the 141st largest company in the United States – its highest-ever placement on the Fortune 500 list.

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 ...

HPK vs PAHC — Head-to-Head

Bigger by revenue
PAHC
PAHC
1.7× larger
PAHC
$373.9M
$216.6M
HPK
Growing faster (revenue YoY)
PAHC
PAHC
+44.2% gap
PAHC
20.9%
-23.3%
HPK
Higher net margin
PAHC
PAHC
19.0% more per $
PAHC
7.3%
-11.6%
HPK
Faster 2-yr revenue CAGR
PAHC
PAHC
Annualised
PAHC
19.2%
-13.2%
HPK

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
HPK
HPK
PAHC
PAHC
Revenue
$216.6M
$373.9M
Net Profit
$-25.2M
$27.5M
Gross Margin
35.5%
Operating Margin
-7.6%
13.5%
Net Margin
-11.6%
7.3%
Revenue YoY
-23.3%
20.9%
Net Profit YoY
-380.7%
762.1%
EPS (diluted)
$-0.16
$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.

Revenue
HPK
HPK
PAHC
PAHC
Q4 25
$216.6M
$373.9M
Q3 25
$188.9M
$363.9M
Q2 25
$200.4M
$378.7M
Q1 25
$257.4M
$347.8M
Q4 24
$282.6M
$309.3M
Q3 24
$271.6M
$260.4M
Q2 24
$275.3M
$273.2M
Q1 24
$287.8M
$263.2M
Net Profit
HPK
HPK
PAHC
PAHC
Q4 25
$-25.2M
$27.5M
Q3 25
$-18.3M
$26.5M
Q2 25
$26.2M
$17.2M
Q1 25
$36.3M
$20.9M
Q4 24
$9.0M
$3.2M
Q3 24
$49.9M
$7.0M
Q2 24
$29.7M
$752.0K
Q1 24
$6.4M
$8.4M
Gross Margin
HPK
HPK
PAHC
PAHC
Q4 25
35.5%
Q3 25
32.9%
Q2 25
29.0%
Q1 25
30.1%
Q4 24
32.9%
Q3 24
32.1%
Q2 24
31.9%
Q1 24
30.2%
Operating Margin
HPK
HPK
PAHC
PAHC
Q4 25
-7.6%
13.5%
Q3 25
17.3%
14.1%
Q2 25
21.7%
8.9%
Q1 25
35.1%
9.6%
Q4 24
26.1%
8.3%
Q3 24
27.0%
6.8%
Q2 24
31.7%
6.7%
Q1 24
35.8%
7.6%
Net Margin
HPK
HPK
PAHC
PAHC
Q4 25
-11.6%
7.3%
Q3 25
-9.7%
7.3%
Q2 25
13.1%
4.5%
Q1 25
14.1%
6.0%
Q4 24
3.2%
1.0%
Q3 24
18.4%
2.7%
Q2 24
10.8%
0.3%
Q1 24
2.2%
3.2%
EPS (diluted)
HPK
HPK
PAHC
PAHC
Q4 25
$-0.16
$0.67
Q3 25
$-0.15
$0.65
Q2 25
$0.19
$0.43
Q1 25
$0.26
$0.51
Q4 24
$0.06
$0.08
Q3 24
$0.35
$0.17
Q2 24
$0.21
$0.02
Q1 24
$0.05
$0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HPK
HPK
PAHC
PAHC
Cash + ST InvestmentsLiquidity on hand
$162.1M
$74.5M
Total DebtLower is stronger
$1.2B
$624.2M
Stockholders' EquityBook value
$1.6B
$332.4M
Total Assets
$3.2B
$1.4B
Debt / EquityLower = less leverage
0.75×
1.88×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HPK
HPK
PAHC
PAHC
Q4 25
$162.1M
$74.5M
Q3 25
$164.9M
$85.3M
Q2 25
$21.9M
$77.0M
Q1 25
$51.6M
$70.4M
Q4 24
$86.6M
$67.1M
Q3 24
$135.6M
$89.8M
Q2 24
$157.9M
$114.6M
Q1 24
$173.4M
$98.7M
Total Debt
HPK
HPK
PAHC
PAHC
Q4 25
$1.2B
$624.2M
Q3 25
$1.2B
$628.0M
Q2 25
$1.0B
$631.7M
Q1 25
$1.0B
$635.4M
Q4 24
$1.0B
$639.1M
Q3 24
$1.1B
$295.2M
Q2 24
$1.1B
$312.1M
Q1 24
$1.1B
Stockholders' Equity
HPK
HPK
PAHC
PAHC
Q4 25
$1.6B
$332.4M
Q3 25
$1.6B
$311.7M
Q2 25
$1.7B
$285.7M
Q1 25
$1.6B
$266.0M
Q4 24
$1.6B
$246.8M
Q3 24
$1.6B
$258.5M
Q2 24
$1.6B
$256.6M
Q1 24
$1.5B
$270.1M
Total Assets
HPK
HPK
PAHC
PAHC
Q4 25
$3.2B
$1.4B
Q3 25
$3.2B
$1.4B
Q2 25
$3.1B
$1.4B
Q1 25
$3.1B
$1.3B
Q4 24
$3.1B
$1.3B
Q3 24
$3.1B
$966.3M
Q2 24
$3.1B
$982.2M
Q1 24
$3.1B
$979.0M
Debt / Equity
HPK
HPK
PAHC
PAHC
Q4 25
0.75×
1.88×
Q3 25
0.73×
2.01×
Q2 25
0.62×
2.21×
Q1 25
0.63×
2.39×
Q4 24
0.65×
2.59×
Q3 24
0.67×
1.14×
Q2 24
0.70×
1.22×
Q1 24
0.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HPK
HPK
PAHC
PAHC
Operating Cash FlowLast quarter
$93.1M
$19.4M
Free Cash FlowOCF − Capex
$8.3M
FCF MarginFCF / Revenue
2.2%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
0.70×
TTM Free Cash FlowTrailing 4 quarters
$47.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HPK
HPK
PAHC
PAHC
Q4 25
$93.1M
$19.4M
Q3 25
$120.2M
$9.3M
Q2 25
$141.2M
$21.3M
Q1 25
$157.1M
$43.2M
Q4 24
$139.5M
$3.1M
Q3 24
$177.1M
$12.6M
Q2 24
$202.3M
$28.4M
Q1 24
$171.4M
$11.4M
Free Cash Flow
HPK
HPK
PAHC
PAHC
Q4 25
$8.3M
Q3 25
$-4.5M
Q2 25
$8.1M
Q1 25
$35.4M
Q4 24
$-4.7M
Q3 24
$3.0M
Q2 24
$15.4M
Q1 24
$1.7M
FCF Margin
HPK
HPK
PAHC
PAHC
Q4 25
2.2%
Q3 25
-1.2%
Q2 25
2.1%
Q1 25
10.2%
Q4 24
-1.5%
Q3 24
1.2%
Q2 24
5.6%
Q1 24
0.6%
Capex Intensity
HPK
HPK
PAHC
PAHC
Q4 25
3.0%
Q3 25
3.8%
Q2 25
3.5%
Q1 25
2.2%
Q4 24
2.5%
Q3 24
3.7%
Q2 24
4.8%
Q1 24
3.7%
Cash Conversion
HPK
HPK
PAHC
PAHC
Q4 25
0.70×
Q3 25
0.35×
Q2 25
5.39×
1.24×
Q1 25
4.32×
2.07×
Q4 24
15.53×
0.97×
Q3 24
3.55×
1.81×
Q2 24
6.81×
37.80×
Q1 24
26.63×
1.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HPK
HPK

Crude Oil Sales$152.1M70%
Natural Gas And NGL Sales$60.8M28%

PAHC
PAHC

Medicated Feed Additives And Others$202.1M54%
Mineral Nutrition$68.9M18%
Nutritional Specialties$50.2M13%
Vaccines$37.6M10%
Performance Products$15.0M4%

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