Neogen (NEOG) Tax Rate (2010 - 2026)
Neogen's (NEOG) quarterly Tax Rate came in at 16.26% in Q1 2026, up 2863.0% year-on-year from 0.55% in Q1 2025, and down 25.44% quarter-over-quarter from 21.8% in Q4 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.
- On a quarterly basis, Tax Rate rose 2863.0% year-over-year to 16.26% in Q1 2026; TTM through Feb 2026 was 3.18%, a 772.0% decrease from a year earlier, with the FY2025 full-year figure at 0.17%, down 3398.0% from the prior year.
- Tax Rate eased to 16.26% in Q1 2026 per NEOG's latest filing, from 21.8% in the prior quarter.
- Across five years, Tax Rate topped out at 462.39% in Q1 2023 and bottomed at 22.73% in Q4 2022.
- The 5-year median for Tax Rate is 16.58% (2023), against an average of 40.07%.
- Across the five-year window, Tax Rate surged 44433 bps in 2023 and tumbled 39712 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 22.73% in 2022, then jumped by 131 bps to 6.94% in 2023, then plunged 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.
- Per Business Quant, the three latest NEOG Tax Rate figures stand at 16.26% (Q1 2026), 21.8% (Q4 2025), and 17.05% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 25.67% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.35% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | -15.15% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 17.06% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 25.97% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -23.16% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 18.61% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Neogen | 2.09 Bn | 1.93 Bn | 99.00 Mn | 16.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Nov 30, 2024 | 4.26% |
| Aug 31, 2024 | 19.22% |
| Aug 31, 2024 | 19.22% |