Neogen (NEOG) Tax Rate (2010 - 2026)
Neogen (NEOG) posted Tax Rate of 13.22% for Q2 2026, down 18.66% on a QoQ basis from 16.26% in Q1 2026, and down 2097.0% year-over-year from 0.66% in Q2 2025.
Analysis
Neogen (NEOG) Tax Rate (2010 - 2026) Analysis & Trends
Neogen has reported Tax Rate for 17 years, with the latest figure at 13.22% in Q2 2026.
- On a quarterly basis, Tax Rate fell 2097.0% year-over-year to 13.22% in Q2 2026; TTM through May 2026 was 20.88%, a 12.0% decrease from a year earlier, with the FY2026 full-year figure at 21.11%, up 12.0% from the prior year.
- Tax Rate was 13.22% for Q2 2026 at Neogen, down from 16.26% in the prior quarter.
- The five-year high for Tax Rate was 462.39% in Q1 2023, with the low at 22.73% in Q4 2022.
- Average Tax Rate over 5 years is 45.86%, with a median of 17.56% recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 44433 bps in 2023, then slumped 39712 bps in 2024.
- Over 5 years, Tax Rate stood at 22.73% in 2022, then surged by 131 bps to 6.94% in 2023, then sank by 39 bps to 4.26% in 2024, then surged by 412 bps to 21.8% in 2025, then tumbled by 39 bps to 13.22% in 2026.
- The last three Tax Rate figures came in at 13.22% (Q2 2026), 16.26% (Q1 2026), and 21.8% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.54 Bn | 27.44 Bn | 2.18 Bn | 17.17% |
| 2 | Lantheus Holdings | 6.56 Bn | 5.97 Bn | 241.86 Mn | 20.03% |
| 3 | Heartflow | 4.04 Bn | 3.66 Bn | 53.19 Mn | -0.14% |
| 4 | Neogen | 2.59 Bn | 2.41 Bn | 107.80 Mn | 13.22% |
| 5 | Butterfly Network | 1.96 Bn | 1.84 Bn | 23.29 Mn | - |
| 6 | Ceribell | 928.74 Mn | 799.48 Mn | 25.94 Mn | - |
| 7 | QuidelOrtho | 866.04 Mn | 742.64 Mn | - | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 1.85% |
| 9 | Prenetics Global | 339.99 Mn | 280.94 Mn | 30.20 Mn | 0.06% |
| 10 | CapsoVision | 318.60 Mn | 309.52 Mn | 1.87 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 13.22% |
| Feb 28, 2026 | 16.26% |
| Nov 30, 2025 | 21.80% |
| Aug 31, 2025 | 17.05% |
| May 31, 2025 | 34.19% |
| Feb 28, 2025 | -12.37% |
| Nov 30, 2024 | 4.26% |
| Aug 31, 2024 | 19.22% |
| May 31, 2024 | 15.64% |
| Feb 29, 2024 | 65.27% |
| Nov 30, 2023 | 6.94% |
| Aug 31, 2023 | 9.62% |
| May 31, 2023 | 110.29% |
| Feb 28, 2023 | 462.39% |
| Nov 30, 2022 | -22.73% |
| Aug 31, 2022 | 21.78% |
| May 31, 2022 | 24.55% |
| Feb 28, 2022 | 18.06% |
| Nov 30, 2021 | 16.24% |
| Aug 31, 2021 | 21.40% |