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
DateValue
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%