Neogen (NEOG) Tax Rate (2010 - 2026)
Neogen (NEOG) posted quarterly Tax Rate of 13.22% for Q2 2026, down 2097.0% year-over-year from 0.66% in Q2 2025, and down 18.66% quarter-over-quarter from 16.26% in Q1 2026.
Neogen (NEOG) Tax Rate (2010 - 2026) Analysis & Trends
Neogen's Tax Rate history runs 17 years deep, the most recent figure standing at 13.22% for Q2 2026.
- In Q2 2026, Tax Rate fell 2097.0% year-over-year to 13.22%; the TTM figure through May 2026 stood at 20.88% (down 12.0% YoY), while the FY2026 annual figure was 21.11%, up 12.0% from the prior year.
- Tax Rate for Q2 2026 stood at 13.22%, down from 16.26% in the prior quarter.
- The five-year high for Tax Rate was 462.39% in Q1 2023, with the low at 22.73% in Q4 2022.
- The 5-year median for Tax Rate is 17.56% (2022), against an average of 45.86%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate surged 44433 bps in 2023, then slumped 39712 bps in 2024.
- Neogen's Tax Rate stood at 22.73% in 2022, then soared by 131 bps to 6.94% in 2023, then sank by 39 bps to 4.26% in 2024, then soared by 412 bps to 21.8% in 2025, then tumbled by 39 bps to 13.22% in 2026.
- Business Quant data shows NEOG's Tax Rate at 13.22% in Q2 2026, 16.26% in Q1 2026, and 21.8% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.49 Bn | 193.88 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 127.80 Bn | 124.32 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 118.98 Bn | 109.76 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 73.58 Bn | 73.04 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 51.93 Bn | 47.68 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.34 Bn | 32.39 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 33.76 Bn | 31.66 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.37 Bn | 23.05 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.07 Bn | 22.59 Bn | 684.20 Mn | 26.51% |
| 10 | Neogen | 2.58 Bn | 2.39 Bn | 107.80 Mn | 13.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 13.22% |
| May 31, 2026 | 13.22% |
| May 31, 2026 | 13.22% |
| Feb 28, 2026 | 16.26% |
| Feb 28, 2026 | 16.26% |
| Feb 28, 2026 | 16.26% |
| Nov 30, 2025 | 21.80% |
| Nov 30, 2025 | 21.80% |
| Nov 30, 2025 | 21.80% |
| Aug 31, 2025 | 17.05% |
| Aug 31, 2025 | 17.05% |
| Aug 31, 2025 | 17.05% |
| May 31, 2025 | -3.20% |
| May 31, 2025 | -3.20% |
| May 31, 2025 | -3.20% |
| Feb 28, 2025 | -12.37% |
| Feb 28, 2025 | -12.37% |
| Feb 28, 2025 | -12.37% |
| Nov 30, 2024 | 4.26% |
| Nov 30, 2024 | 4.26% |