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
DateValue
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%