Animal Health
World’s Most Productive Companies
Animal Health: Durable Demand, Steady Gains
Animal Health is a small but resilient peer group, supported by durable demand across companion-animal and livestock health and by high-margin, innovation-led portfolios. It has been one of the steadier productivity performers in Life Sciences, compounding gains as companies invest in vaccines, diagnostics, and parasiticides and modernize manufacturing.
2025 was a good year. Every company in the group improved, and Zoetis extended its lead as one of the World’s Most Productive Companies, pairing a deep specialty portfolio with disciplined operations. The group sits well above its 2019 baseline.

Animal Health World's Most Productive Companies
Productivity Snapshot
- Animal Health ranks second of eight Life Sciences peer groups in 2025, at an Industrial Productivity Index of 1.13, about 13% above its 2019 baseline.
- It was a clean sweep: all three companies in the group grew productivity in 2025.
- Zoetis is the group’s World’s Most Productive Company, reaching 1.16 and rising about 5% on the year.
- Durable demand for companion-animal and livestock health, plus high-margin specialty portfolios, makes this one of the most consistent peer groups in Life Sciences.
Interested in learning more about how you stack up, where to improve, and the impact on margin, cash, inventory, and assets?