The small ruminants of sheep and goats in Ismailia Governorate are one of the most important sources of animal production, the problem of study is the deficit of production capacity of red meat, estimated at about 791 thousand tons, to meet the needs of consumption which, estimated at about 1167 thousand tons, that resulted in a meat gap estimated at about 376 thousand tons epically with the continuous increase in population. The research aims to study the productive and economic efficiency of sheep fattening. The study relied on both descriptive and quantitative economic analysis methods. The results showed that the average fixed costs amounted to about L.E. 552.2 per head, with a relative importance of about 18.83%. General average of variable costs amounted to about L.E. 2,380.8 per head, with a relative importance of about 81.17% of the total The average total costs amounting to about L.E. 29.33 per head, when studying the profit margins, the general average of total head income was about L.E. 3506.5, the average net return amounted to about L.E. 573.5 L.E. of the average return above the variable costs was about 1125.7 L.E, the average of value added, was L.E. 989.3. The average return on costs was about 1.19, the average return on the invested found was about 19.5%, and the average profit margin was about 16.3%. The study also recommends the need to develop natural pastures and pay attention to providing good breeds.