Neogen (NEOG) Asset Utilization Ratio (2011 - 2026)
Neogen's (NEOG) quarterly Asset Utilization Ratio came in at 0.26 in Q1 2026, down 93.07% year-on-year from 3.74 in Q1 2025, and down 0.83% quarter-over-quarter from 0.26 in Q4 2025.
Neogen (NEOG) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Neogen's Asset Utilization Ratio history runs 16 years deep, the most recent figure standing at 0.26 for Q1 2026.
- On a quarterly basis, Asset Utilization Ratio fell 93.07% year-over-year to 0.26 in Q1 2026; TTM through Feb 2026 was 0.26, a 93.07% decrease from a year earlier, with the FY2025 full-year figure at 0.22, up 10.25% from the prior year.
- Asset Utilization Ratio fell to 0.26 in Q1 2026 per NEOG's latest filing, from 0.26 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 3.74 in Q1 2025 and bottomed at 0.16 in Q1 2023.
- The 5-year median for Asset Utilization Ratio is 0.26 (2026), against an average of 0.51.
- Across the five-year window, Asset Utilization Ratio surged 1748.64% in 2025 and tumbled 93.07% in 2026, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.23 in 2022, then retreated by 11.93% to 0.2 in 2023, then soared by 117.2% to 0.44 in 2024, then sank by 40.0% to 0.26 in 2025, then slipped by 0.83% to 0.26 in 2026.
- Per Business Quant, the three latest NEOG Asset Utilization Ratio figures stand at 0.26 (Q1 2026), 0.26 (Q4 2025), and 0.26 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 0.46 |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 0.54 |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 0.39 |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 0.47 |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 0.47 |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 0.74 |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 0.65 |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 0.57 |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Neogen | 2.09 Bn | 1.93 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 | 0.47 |
| Feb 28, 2025 | 3.74 |
| Nov 30, 2024 | 0.44 |
| 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 |