Neogen (NEOG) Debt Ratio (2011 - 2026)
Neogen (NEOG) posted quarterly Debt Ratio of 0.24 for Q2 2026, down 8.63% year-over-year from 0.26 in Q2 2025, and little changed quarter-over-quarter from 0.24 in Q1 2026.
Neogen (NEOG) Debt Ratio (2011 - 2026) Analysis & Trends
Neogen's Debt Ratio history runs 12 years deep, the most recent figure standing at 0.24 for Q2 2026.
- In Q2 2026, Debt Ratio fell 8.63% year-over-year to 0.24; the TTM figure through May 2026 stood at 0.24 (down 8.63% YoY), while the FY2026 annual figure was 0.24, down 8.63% from the prior year.
- Debt Ratio for Q2 2026 stood at 0.24, roughly flat from 0.24 in the prior quarter.
- The five-year high for Debt Ratio was 0.26 in Q2 2025, with the low at 0.19 in Q4 2023.
- The 5-year median for Debt Ratio is 0.2 (2024), against an average of 0.21.
- The sharpest annual moves came in 2025 and 2026: Debt Ratio soared 32.57% in 2025, then decreased 8.63% in 2026.
- Neogen's Debt Ratio stood at 0.2 in 2022, then fell by 4.83% to 0.19 in 2023, then rose by 13.9% to 0.22 in 2024, then climbed by 7.51% to 0.24 in 2025, then climbed by 0.52% to 0.24 in 2026.
- Business Quant data shows NEOG's Debt Ratio at 0.24 in Q2 2026, 0.24 in Q1 2026, and 0.24 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 0.30 |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 0.31 |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 0.30 |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 0.28 |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 0.04 |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | - |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 0.27 |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 0.28 |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 0.18 |
| 10 | Neogen | 2.56 Bn | 2.37 Bn | 107.80 Mn | 0.24 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 0.24 |
| Feb 28, 2026 | 0.24 |
| Nov 30, 2025 | 0.24 |
| Aug 31, 2025 | 0.23 |
| May 31, 2025 | 0.26 |
| Feb 28, 2025 | 2.59 |
| Nov 30, 2024 | 6.35 |
| Aug 31, 2024 | 0.22 |
| May 31, 2024 | 0.20 |
| Feb 29, 2024 | 0.19 |
| Nov 30, 2023 | 0.19 |
| Aug 31, 2023 | 0.19 |
| May 31, 2023 | 0.19 |
| Feb 28, 2023 | 0.20 |
| Nov 30, 2022 | 0.20 |
| Feb 28, 2017 | 0.01 |
| Nov 30, 2016 | 0.00 |
| Aug 31, 2016 | 0.00 |
| May 31, 2016 | 0.01 |
| Feb 29, 2016 | 0.00 |