Neogen (NEOG) Tax Rate (2010 - 2025)
Neogen (NEOG) reported Tax Rate of 17.12% for fiscal Q1 2026 (quarter ended Aug 31, 2025).
Analysis
Neogen (NEOG) Tax Rate (2010 - 2025) Analysis & Trends
For FY2022 (ended May 31, 2022), Neogen posted Tax Rate of 19.77%, up 0.65 percentage points from FY2021.
- Tax Rate has increased for four consecutive fiscal years, though with a five-year change of -14.28 percentage points (FY2017 to FY2022).
- By fiscal year, Tax Rate came in at 19.11% in FY2021 (+1.37 pp), 17.74% in FY2020 (+0.22 pp), 17.52% in FY2019 (+3.57 pp) and 13.95% in FY2018 (-20.09 pp).
- The fiscal Q1 2026 figure ranks as the highest quarterly Tax Rate since fiscal Q4 2023.
- The high point for year-over-year Tax Rate in five years was fiscal Q4 2023 (a gain of 6.54 percentage points); the low point was fiscal Q1 2024 (a drop of 12.15 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 265.71 Bn | 242.23 Bn | 5.13 Bn | 16.86% |
| 2 | Abbott Laboratories | 189.37 Bn | 163.23 Bn | 7.39 Bn | 25.26% |
| 3 | Danaher | 164.78 Bn | 144.43 Bn | 3.84 Bn | - |
| 4 | Intuitive Surgical | 157.85 Bn | 138.13 Bn | 2.08 Bn | 21.54% |
| 5 | Medtronic | 129.66 Bn | 94.91 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 121.82 Bn | 108.01 Bn | 4.25 Bn | 24.47% |
| 7 | Boston Scientific | 63.42 Bn | 58.86 Bn | 3.43 Bn | 20.87% |
| 8 | Edwards Lifesciences | 59.49 Bn | 42.69 Bn | 1.35 Bn | 17.02% |
| 9 | Becton Dickinson | 58.38 Bn | 55.53 Bn | 2.32 Bn | 18.41% |
| 10 | Neogen | 2.58 Bn | 1.92 Bn | 105.50 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2025 | 17.12% |
| 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% |
API Access
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();