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
Download Data
Historic 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 | 0.24 |
| 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 |