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Neogen NEOG Asset turnover

Asset turnover at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
0.4×0.0×
Idexx Laboratories logo
Idexx LaboratoriesIDXX
1.3×+0.2×
Zoetis logo
ZoetisZTS
0.7×0.0×
Revvity logo
RevvityRVTY
0.2×0.0×
Agilent Technologies logo
Agilent TechnologiesA
0.6×0.0×
Bio-Rad Laboratories logo
Bio-Rad LaboratoriesBIO
0.3×0.0×

Other financials

Income statement

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Revenue$211.2M-4.4%
Gross profit$99.0M-10.2%
Operating income-$3.3M-161%
Net income-$17.0M-56.0%
EPS (diluted)-$0.08-60.0%

Balance sheet

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Cash & equivalents$159.9M+25.2%
Total debt$793.3M-11.2%
Total equity$2.1B-21.0%
Total assets$3.4B-16.8%

Cash flow

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Operating cash flow$22.7M+16.7%
CapEx$11.6M-64.7%
Free cash flow$11.1M+182%

Valuation

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Market cap$2B+86.4%
Enterprise value$2.63B+41.6%
P/S2.3×+1.1×

Profitability

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Gross margin45.2%-3.6pp
Operating margin-73.1%+77.7pp
Net margin-69.9%+30.8pp
FCF margin-14%

Returns & leverage

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Return on equity-25.6%+28.8pp
Debt / equity0.4×0.0×
Current ratio3.9×0.0×

Where this comes from

Calculated from Neogen’s reported figures.

Based on trailing twelve months.

The official record: Neogen’s 10-Q, filed April 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Neogen's asset turnover?
Neogen (NEOG) reported asset turnover of 0.2× in Q4 2025.
How has Neogen's asset turnover changed year-over-year?
Neogen's asset turnover increased by 12.0% year-over-year, from 0.2× to 0.2×.
What is the long-term trend for Neogen's asset turnover?
Over 4 years (2021 to 2025), Neogen's asset turnover has grown at a -20.0% compound annual growth rate (CAGR), from 0.5× to 0.2×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.