What is Neogen's interest coverage?

Neogen (NEOG) reported interest coverage of -9.8× in Q4 2025.

How has Neogen's interest coverage changed year-over-year?

Neogen's interest coverage decreased by 62.6% year-over-year, from -6× to -9.8×.

What is the long-term trend for Neogen's interest coverage?

Over 3 years (2021 to 2025), Neogen's interest coverage has grown at a -32.0% compound annual growth rate (CAGR), from 46× to -14.5×.

What does interest coverage mean?

Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.

Neogen NEOG Interest coverage

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5.6×+0.7×

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16.7×-0.8×

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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$1.96B+95.6%

Enterprise value$2.59B+46.1%

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.

ebit/interest expense=-9.8×

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 interest coverage?: Neogen (NEOG) reported interest coverage of -9.8× in Q4 2025.
How has Neogen's interest coverage changed year-over-year?: Neogen's interest coverage decreased by 62.6% year-over-year, from -6× to -9.8×.
What is the long-term trend for Neogen's interest coverage?: Over 3 years (2021 to 2025), Neogen's interest coverage has grown at a -32.0% compound annual growth rate (CAGR), from 46× to -14.5×.
What does interest coverage mean?: Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.