Neogen (NEOG) Asset Utilization Ratio (2011 - 2026)
Neogen (NEOG) posted quarterly Asset Utilization Ratio of 0.26 for Q2 2026, up 16.45% year-over-year from 0.22 in Q2 2025, and little changed quarter-over-quarter from 0.26 in Q1 2026.
Neogen (NEOG) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Neogen's Asset Utilization Ratio history runs 16 years deep, the most recent figure standing at 0.26 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 16.45% year-over-year to 0.26; the TTM figure through May 2026 stood at 0.26 (up 16.45% YoY), while the FY2026 annual figure was 0.26, up 14.52% from the prior year.
- Asset Utilization Ratio for Q2 2026 stood at 0.26, roughly flat from 0.26 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.54 in Q3 2022, with the low at 0.16 in Q1 2023.
- The 5-year median for Asset Utilization Ratio is 0.22 (2025), against an average of 0.27.
- The sharpest annual moves came in 2023 and 2025: Asset Utilization Ratio sank 69.9% in 2023, then gained 29.02% in 2025.
- Neogen's Asset Utilization Ratio stood at 0.23 in 2022, then fell by 11.93% to 0.2 in 2023, then gained by 6.52% to 0.21 in 2024, then grew by 22.35% to 0.26 in 2025, then decreased by 0.65% to 0.26 in 2026.
- Business Quant data shows NEOG's Asset Utilization Ratio at 0.26 in Q2 2026, 0.26 in Q1 2026, and 0.26 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 0.42 |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 0.55 |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 0.39 |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 0.47 |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 0.48 |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 0.76 |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 0.57 |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 0.80 |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 0.56 |
| 10 | Neogen | 2.56 Bn | 2.37 Bn | 107.80 Mn | 0.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 0.26 |
| Feb 28, 2026 | 0.26 |
| Nov 30, 2025 | 0.26 |
| Aug 31, 2025 | 0.26 |
| May 31, 2025 | 0.47 |
| Feb 28, 2025 | 3.74 |
| Nov 30, 2024 | 0.44 |
| Aug 31, 2024 | 0.21 |
| May 31, 2024 | 0.20 |
| Feb 29, 2024 | 0.20 |
| Nov 30, 2023 | 0.20 |
| Aug 31, 2023 | 0.20 |
| May 31, 2023 | 0.18 |
| Feb 28, 2023 | 0.16 |
| Nov 30, 2022 | 0.23 |
| Aug 31, 2022 | 0.54 |
| May 31, 2022 | 0.53 |
| Feb 28, 2022 | 0.53 |
| Nov 30, 2021 | 0.53 |
| Aug 31, 2021 | 0.53 |