Neogen NEOG
NASDAQ NEOG
$11.92 +0.03 (+0.29%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Neogen (NEOG) posted Asset Utilization Ratio of 0.26 for Q2 2026, little changed on a QoQ basis from 0.26 in Q1 2026, and up 8.53% year-over-year from 0.24 in Q2 2025.

Analysis

Neogen (NEOG) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

Neogen has reported Asset Utilization Ratio for 16 years, with the latest figure at 0.26 in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 8.53% year-over-year to 0.26 in Q2 2026; TTM through May 2026 was 0.26, a 8.53% increase from a year earlier, with the FY2026 full-year figure at 0.26, up 14.52% from the prior year.
  • Asset Utilization Ratio was 0.26 for Q2 2026 at Neogen, 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.
  • Average Asset Utilization Ratio over 5 years is 0.27, with a median of 0.23 recorded in 2022.
  • The sharpest annual moves came in 2023 and 2025: Asset Utilization Ratio sank 69.9% in 2023, then rose 29.02% in 2025.
  • Over 5 years, Asset Utilization Ratio stood at 0.23 in 2022, then decreased by 11.93% to 0.2 in 2023, then climbed by 6.52% to 0.21 in 2024, then rose by 22.35% to 0.26 in 2025, then dropped by 0.65% to 0.26 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.26 (Q2 2026), 0.26 (Q1 2026), and 0.26 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 GE HealthCare Technologies 29.54 Bn 27.44 Bn 2.18 Bn 0.57
2 Lantheus Holdings 6.56 Bn 5.97 Bn 241.86 Mn 0.65
3 Heartflow 4.04 Bn 3.66 Bn 53.19 Mn 0.58
4 Neogen 2.59 Bn 2.41 Bn 107.80 Mn 0.26
5 Butterfly Network 1.96 Bn 1.84 Bn 23.29 Mn 0.39
6 Ceribell 928.74 Mn 799.48 Mn 25.94 Mn 0.59
7 QuidelOrtho 866.04 Mn 742.64 Mn - -
8 Varex Imaging 779.06 Mn 679.86 Mn 76.70 Mn 0.79
9 Prenetics Global 339.99 Mn 280.94 Mn 30.20 Mn 0.85
10 CapsoVision 318.60 Mn 309.52 Mn 1.87 Mn 0.78
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 0.26
Feb 28, 2026 0.26
Nov 30, 2025 0.26
Aug 31, 2025 0.26
May 31, 2025 0.24
Feb 28, 2025 0.22
Nov 30, 2024 0.21
Aug 31, 2024 0.20
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