Neogen (NEOG) Asset Utilization Ratio (2011 - 2026)
Neogen's quarterly Asset Utilization Ratio came in at 0.26 in Q1 2026, down 46.48% year-on-year from 0.48 in Q1 2025, and down 0.83% quarter-over-quarter from 0.26 in Q4 2025.
Neogen has reported Asset Utilization Ratio for 16 years, with the latest figure at 0.26 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 46.48% year-over-year to 0.26; the trailing twelve-month figure through Feb 2026 stood at 0.26 (down 46.48% YoY), and the FY2025 full-year result was 0.22, up 10.25% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.26, down 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 0.31, with a median of 0.24 recorded in 2024.
- Year-over-year, Asset Utilization Ratio slumped 69.9% in 2023 and soared 144.84% in 2025.
- Tracing NEOG's Asset Utilization Ratio over 5 years: stood at 0.23 in 2022, then decreased by 11.93% to 0.2 in 2023, then gained by 19.43% to 0.24 in 2024, then rose by 9.12% to 0.26 in 2025, then dropped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 0.46 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 0.54 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 0.39 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 0.47 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 0.47 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.65 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 0.74 |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 0.57 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 0.56 |
| 10 | Neogen | 1.94 Bn | 1.78 Bn | 99.00 Mn | 0.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 0.26 |
| Nov 30, 2025 | 0.26 |
| Aug 31, 2025 | 0.26 |
| May 31, 2025 | 0.50 |
| Feb 28, 2025 | 0.48 |
| Nov 30, 2024 | 0.24 |
| 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 |
| May 31, 2021 | 0.52 |
| Feb 28, 2021 | 0.52 |
| Nov 30, 2020 | 0.52 |
| Aug 31, 2020 | 0.53 |
| May 31, 2020 | 0.74 |
| Feb 29, 2020 | 0.78 |
| Nov 30, 2019 | 0.57 |
| Aug 31, 2019 | 0.59 |
| May 31, 2019 | 0.61 |
| Feb 28, 2019 | 0.62 |
| Nov 30, 2018 | 0.63 |
| Aug 31, 2018 | 0.64 |
| May 31, 2018 | 0.66 |
| Feb 28, 2018 | 0.66 |
| Nov 30, 2017 | 0.68 |
| Aug 31, 2017 | 0.67 |
| May 31, 2017 | 0.53 |
| Feb 28, 2017 | 0.54 |
| Nov 30, 2016 | 0.53 |
| Aug 31, 2016 | 0.56 |
| May 31, 2016 | 0.73 |
| Feb 29, 2016 | 0.72 |
| Nov 30, 2015 | 0.72 |
| Aug 31, 2015 | 0.72 |
| May 31, 2015 | 0.73 |
| Feb 28, 2015 | 0.73 |
| Nov 30, 2014 | 0.73 |
| Aug 31, 2014 | 0.73 |
| May 31, 2014 | 0.73 |
| Feb 28, 2014 | 0.73 |
| Nov 30, 2013 | 0.72 |
| Aug 31, 2013 | 0.72 |
| May 31, 2013 | 0.73 |
| Feb 28, 2013 | 0.73 |
| Nov 30, 2012 | 0.73 |
| Aug 31, 2012 | 0.73 |
| May 31, 2012 | 0.75 |
| Feb 29, 2012 | 0.75 |
| Nov 30, 2011 | 0.76 |
| Aug 31, 2011 | 0.78 |
| May 31, 2011 | 0.81 |