Neogen (NEOG) Tax Rate (2010 - 2026)
Neogen (NEOG) recorded quarterly Tax Rate of 16.26% in Q1 2026, down 25.44% quarter-over-quarter from 21.8% in Q4 2025, and up 2863.0% on a YoY basis from 0.55% in Q1 2025.
Neogen (NEOG) Tax Rate (2010 - 2026) Analysis & Trends
Neogen's Tax Rate history runs 17 years deep, the most recent figure standing at 16.26% for Q1 2026.
- In Q1 2026, Tax Rate rose 2863.0% year-over-year to 16.26%; the TTM figure through Feb 2026 stood at 3.06% (down 148.0% YoY), while the FY2025 annual figure was 3.62%, down 3052.0% from the prior year.
- Tax Rate was 16.26% for Q1 2026 at Neogen, down from 21.8% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 462.39% in Q1 2023 to a low of 22.73% in Q4 2022.
- Historically, Tax Rate has averaged 40.82% across 5 years, with a median of 17.05% in 2025.
- The sharpest annual moves came in 2023 and 2024: Tax Rate soared 44433 bps in 2023, then tumbled 39712 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 22.73% in 2022, then jumped by 131 bps to 6.94% in 2023, then slumped by 39 bps to 4.26% in 2024, then jumped by 412 bps to 21.8% in 2025, then slipped by 25 bps to 16.26% in 2026.
- The last three Tax Rate figures came in at 16.26% (Q1 2026), 21.8% (Q4 2025), and 17.05% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 25.67 |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 12.35 |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 18.09 |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | -15.15 |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 17.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -23.16 |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 25.97 |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 18.61 |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 27.65 |
| 10 | Neogen | 2.03 Bn | 1.87 Bn | 99.00 Mn | 16.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 16.26% |
| Feb 28, 2026 | 16.26% |
| Nov 30, 2025 | 21.80% |
| Nov 30, 2025 | 21.80% |
| Aug 31, 2025 | 17.05% |
| Aug 31, 2025 | 17.05% |
| May 31, 2025 | 3.00% |
| May 31, 2025 | 3.00% |
| Feb 28, 2025 | -12.37% |
| Feb 28, 2025 | -12.37% |
| Nov 30, 2024 | 4.26% |
| Nov 30, 2024 | 4.26% |
| Aug 31, 2024 | 19.22% |
| Aug 31, 2024 | 19.22% |
| May 31, 2024 | 15.38% |
| May 31, 2024 | 15.38% |
| Feb 29, 2024 | 65.27% |
| Feb 29, 2024 | 65.27% |
| Nov 30, 2023 | 6.94% |
| Nov 30, 2023 | 6.94% |