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

11.72 0.04 +0.34%
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) Return on invested capital

Alert me on Return on invested capital

Neogen Corporation's return on invested capital over the twelve months to 31 August 2026 was −0.17%, up 0.3 percentage points from fiscal 2026 (−0.50%). Over the past ten years it has ranged from −23.4% (fiscal 2025) to 14.0% (fiscal 2015); the current reading is higher than 17% of that period. That is above the Medical Devices industry median of −5.27% and below the Healthcare sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2026 −0.50% 22.88
FY2025 −23.4% (24.33)
FY2024 0.95% 0.33
FY2023 0.62% (6.60)
FY2022 7.22% (2.85)
FY2021 10.1% (0.96)
FY2020 11.0% (0.46)
FY2019 11.5% (1.07)
FY2018 12.6% 0.19
FY2017 12.4% 0.48

Against its own ten years

Low −23.4% High 14.0%
Ten-year median 10.6%
Current reading's percentile 17

Return on invested capital against peers

Company Return on invested capital
TMDX TransMedics Group, Inc. compare 48.0%
UFPT UFP Technologies, Inc. compare 11.2%
ITGR Integer Holdings Corporation compare 3.16%
INSP Inspire Medical Systems, Inc. compare 1.97%
NEOG Neogen Corporation −0.17%
AXGN AxoGen, Inc. compare −5.27%
ESTA Establishment Labs Holdings Inc. compare −5.53%
ALMR Alamar Biosciences, Inc. compare −10.1%
BFLY Butterfly Network, Inc. compare −58.2%
Medical Devices industry median −5.27%
Healthcare sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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