Neogen Corporation

NEOG Healthcare Medical Devices

Neogen Corporation’s revenue for fiscal 2026 (year ended May 2026) was $870.4 million, down 2.72% from fiscal 2025.

Revenue
+6.50%
EPS
−129.4%
Free cash flow
+135.6%
Total debt
−2.31%

Quarter to August 2026, against a year earlier

11.96 0.28 +2.40%
Market cap
$2.6B
P/E
0.0×
Fwd P/E
−93.3×
Dividend yield
—
F-score
5/9
Altman Z
1.11
Beneish M
−2.43
Dividend safety
n/a

Neogen Corporation (NEOG) Operating margin

Alert me on Operating margin

Neogen Corporation's operating margin over the twelve months to 31 August 2026 was −0.83%, up 1.6 percentage points from fiscal 2026 (−2.48%). Over the past ten years it has ranged from −118.6% (fiscal 2025) to 18.8% (fiscal 2015); the current reading is higher than 17% of that period. That is above the Medical Devices industry median of −15.1% and below the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 −2.48% 116.11
FY2025 −118.6% (124.93)
FY2024 6.34% 1.78
FY2023 4.56% (6.56)
FY2022 11.1% (4.71)
FY2021 15.8% (0.32)
FY2020 16.2% (0.29)
FY2019 16.4% (1.20)
FY2018 17.6% (0.49)
FY2017 18.1% 0.58

Quarterly newest first

Period Operating margin Change (points)
Aug 2026 −0.81% (2.22)
May 2026 1.41% 2.97
Feb 2026 −1.56% 0.83
Nov 2025 −2.39% 5.31
43 more quarters

Against its own ten years

Low −118.6% High 18.8%
Ten-year median 16.0%
Current reading's percentile 19

Operating margin against peers

Company Operating margin
UFPT UFP Technologies, Inc. compare 15.5%
TMDX TransMedics Group, Inc. compare 11.9%
ITGR Integer Holdings Corporation compare 8.25%
INSP Inspire Medical Systems, Inc. compare 1.79%
NEOG Neogen Corporation −0.83%
AXGN AxoGen, Inc. compare −5.17%
ESTA Establishment Labs Holdings Inc. compare −7.63%
ALMR Alamar Biosciences, Inc. compare −46.5%
BFLY Butterfly Network, Inc. compare −46.9%
Medical Devices industry median −15.1%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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