Neogen (NEOG) Interest Expenses (2021 - 2024)
Neogen (NEOG) recorded quarterly Interest Expenses of $10.8 million in Q2 2024, up 2.76% quarter-over-quarter from $10.5 million in Q1 2024, and up 9.28% on a YoY basis from $9.9 million in Q2 2023.
Neogen (NEOG) Interest Expenses (2021 - 2024) Analysis & Trends
Neogen's Interest Expenses history runs 4 years deep, the most recent figure standing at $10.8 million for Q2 2024.
- In Q2 2024, Interest Expenses rose 9.28% year-over-year to $10.8 million; the TTM figure through Feb 2025 stood at $10.8 million (down 73.84% YoY), while the FY2025 annual figure was $38.1 million, down 9.57% from the prior year.
- Interest Expenses was $10.8 million for Q2 2024 at Neogen, up from $10.5 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $10.8 million in Q2 2024 to a low of $48000.0 in Q1 2022.
- Historically, Interest Expenses has averaged $6.3 million across 4 years, with a median of $9.1 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses slumped 47.25% in 2022, then jumped 18766.67% in 2023.
- A 4-year view of Interest Expenses shows it stood at $221000.0 in 2021, then jumped by 3499.55% to $8.0 million in 2022, then gained by 29.06% to $10.3 million in 2023, then climbed by 5.06% to $10.8 million in 2024.
- The last three Interest Expenses figures came in at $10.8 million (Q2 2024), $10.5 million (Q1 2024), and $10.3 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 174.00 Mn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 148.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 181.00 Mn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 90.00 Mn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -97.17 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 96.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 15.10 Mn |
| 10 | Neogen | 2.03 Bn | 1.87 Bn | 99.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2024 | 10.79 Mn |
| May 31, 2024 | 10.79 Mn |
| Feb 29, 2024 | 10.50 Mn |
| Feb 29, 2024 | 10.50 Mn |
| Nov 30, 2023 | 10.27 Mn |
| Nov 30, 2023 | 10.27 Mn |
| Aug 31, 2023 | 10.60 Mn |
| Aug 31, 2023 | 10.60 Mn |
| May 31, 2023 | 9.87 Mn |
| May 31, 2023 | 9.87 Mn |
| Feb 28, 2023 | 9.06 Mn |
| Feb 28, 2023 | 9.06 Mn |
| Nov 30, 2022 | 7.96 Mn |
| Nov 30, 2022 | 7.96 Mn |
| Aug 31, 2022 | 372,000.00 |
| Aug 31, 2022 | 372,000.00 |
| Feb 28, 2022 | 48,000.00 |
| Feb 28, 2022 | 48,000.00 |
| Aug 31, 2021 | 221,000.00 |
| Aug 31, 2021 | 221,000.00 |