Neogen (NEOG) Asset Utilization Ratio (2011 - 2026)
Neogen's (NEOG) Asset Utilization Ratio was 0.26 for fiscal Q4 2026 (quarter ended May 31, 2026), up 8.5% from 0.24 a year earlier and up 0.2% from the prior quarter.
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Analysis
Neogen (NEOG) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Dating back to fiscal Q4 2011, Neogen's Asset Utilization Ratio record includes 61 quarters.
- By fiscal year, Asset Utilization Ratio came in at 0.22 in FY2025 (+10.3%), 0.20 in FY2024 (-31.5%), 0.30 in FY2023 (-46.2%) and 0.55 in FY2022 (+1.0%).
- Five-year quarterly Asset Utilization Ratio spans a low of 0.16 in fiscal Q3 2023 and a high of 0.54 in fiscal Q1 2023.
- Year over year, Asset Utilization Ratio has now increased in each of the last seven quarters, with growth averaging 13.9% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q1 2026 (growth of 29.0%); the low point was fiscal Q3 2023 (a decline of 69.9%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 0.26 (Q3 2026), 0.26 (Q2 2026) and 0.26 (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 0.41 |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 0.42 |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 0.54 |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 0.55 |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 0.47 |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 0.48 |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 0.46 |
| 10 | Neogen | 2.79 Bn | 2.16 Bn | 107.80 Mn | 0.26 |
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 |
API Access
Neogen Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NEOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NEOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NEOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();