Neogen (NEOG) Tax Rate (2010 - 2025)
Neogen (NEOG) reported Tax Rate of 6.61% for fiscal Q4 2026 (quarter ended May 31, 2026), up 3.60 percentage points from 3.01% a year earlier but down 9.64 percentage points from the prior quarter.
Neogen (NEOG) Tax Rate (2010 - 2025) Analysis & Trends
For FY2026 (ended May 31, 2026), Neogen posted Tax Rate of 12.22%, up 8.60 percentage points from FY2025.
- Tax Rate has a five-year change of -6.89 percentage points (FY2021 to FY2026).
- By fiscal year, Tax Rate came in at 3.63% in FY2025 (-30.64 pp), 34.27% in FY2024 (+38.02 pp), -3.76% in FY2023 (-23.52 pp) and 19.77% in FY2022 (+0.65 pp).
- Five-year quarterly Tax Rate spans a low of -22.73% in fiscal Q2 2023 and a high of 462.39% in fiscal Q3 2023.
- Year over year, Tax Rate has now increased in each of the last three quarters, with an average year-over-year change of -4.47 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was fiscal Q3 2023 (a gain of 444.33 percentage points); the low point was fiscal Q3 2024 (a drop of 397.12 percentage points).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 16.26% (Q3 2026), 21.80% (Q2 2026) and 17.05% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 18.41% |
| 10 | Neogen | 2.79 Bn | 2.16 Bn | 107.80 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2025 | 17.05% |
| Aug 31, 2023 | 9.62% |
| May 31, 2023 | 27.16% |
| Aug 31, 2022 | 21.78% |
| May 31, 2022 | 20.63% |
| Feb 28, 2022 | 18.06% |
| Nov 30, 2021 | 16.24% |
| Aug 31, 2021 | 21.40% |
| May 31, 2021 | 21.77% |
| Feb 28, 2021 | 16.27% |
| Nov 30, 2020 | 17.84% |
| Aug 31, 2020 | 19.94% |
| May 31, 2020 | 22.81% |
| Feb 29, 2020 | 14.39% |
| Nov 30, 2019 | 15.34% |
| Aug 31, 2019 | 17.00% |
| May 31, 2019 | 18.89% |
| Feb 28, 2019 | 21.36% |
| Nov 30, 2018 | 18.53% |
| Aug 31, 2018 | 11.09% |
Neogen Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=NEOG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NEOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=NEOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();