Neogen (NEOG) Asset Utilization Ratio (2011 - 2026)

Neogen's Asset Utilization Ratio history runs 16 years deep, the most recent figure standing at 0.26 for Q1 2026.

• In Q1 2026, Asset Utilization Ratio fell 46.48% year-over-year to 0.26; the TTM figure through Feb 2026 stood at 0.26 (down 46.48% YoY), while the FY2025 annual figure was 0.22, up 10.25% from the prior year.
• Asset Utilization Ratio was 0.26 for Q1 2026 at Neogen, down from 0.26 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 0.54 in Q3 2022 to a low of 0.16 in Q1 2023.
• Historically, Asset Utilization Ratio has averaged 0.31 across 5 years, with a median of 0.24 in 2024.
• The sharpest annual moves came in 2023 and 2025: Asset Utilization Ratio slumped 69.9% in 2023, then jumped 144.84% in 2025.
• A 5-year view of Asset Utilization Ratio shows it stood at 0.23 in 2022, then retreated by 11.93% to 0.2 in 2023, then rose by 19.43% to 0.24 in 2024, then increased by 9.12% to 0.26 in 2025, then slipped by 0.83% to 0.26 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.26 (Q1 2026), 0.26 (Q4 2025), and 0.26 (Q3 2025), per Business Quant data.