Neogen Corporation (NEOG) — Capital Reinvestment Ratio
Neogen Corporation (NEOG) has a Capital Reinvestment Ratio of 1.31x as of May 2026, meaning it reinvests 1% of its operating cash flow ($30.20 Million) in capital expenditures ($39.67 Million). Check tangible equity quality of Neogen Corporation to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Neogen Corporation Capital Reinvestment Ratio (1994–2026)
This chart tracks Neogen Corporation's Capital Reinvestment Ratio across 32 annual periods. For the full cash flow conversion analysis, see NEOG cash flow metrics.
Annual Capital Reinvestment Ratio for Neogen Corporation (1994–2026)
Year-by-year Capital Reinvestment Ratio for Neogen Corporation from 1994 to 2026. See free cash flow generation of Neogen Corporation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.62x | $83.20 Million | $51.30 Million | ▼ -65.7% |
| 2025 | 1.80x | $58.24 Million | $104.59 Million | ▼ -43.2% |
| 2024 | 3.16x | $35.26 Million | $111.42 Million | ▲ +97.1% |
| 2023 | 1.60x | $41.03 Million | $65.76 Million | ▲ +346.4% |
| 2022 | 0.36x | $68.04 Million | $24.43 Million | ▲ +9.0% |
| 2021 | 0.33x | $81.09 Million | $26.71 Million | ▲ +17.6% |
| 2020 | 0.28x | $85.88 Million | $24.05 Million | ▲ +22.0% |
| 2019 | 0.23x | $63.84 Million | $14.66 Million | ▼ -24.2% |
| 2018 | 0.30x | $69.13 Million | $20.95 Million | ▲ +25.3% |
| 2017 | 0.24x | $60.27 Million | $14.58 Million | ▼ -39.9% |
| 2016 | 0.40x | $35.33 Million | $14.22 Million | ▲ +83.3% |
| 2015 | 0.22x | $43.79 Million | $9.62 Million | ▼ -58.8% |
| 2014 | 0.53x | $21.67 Million | $11.54 Million | ▲ +59.0% |
| 2013 | 0.33x | $26.56 Million | $8.90 Million | ▼ -39.9% |
| 2012 | 0.56x | $22.28 Million | $12.41 Million | ▲ +106.2% |
| 2011 | 0.27x | $28.84 Million | $7.80 Million | ▲ +39.3% |
| 2010 | 0.19x | $27.99 Million | $5.43 Million | ▼ -24.8% |
| 2009 | 0.26x | $10.98 Million | $2.84 Million | ▼ -17.7% |
| 2008 | 0.31x | $7.87 Million | $2.47 Million | ▼ -32.2% |
| 2007 | 0.46x | $10.16 Million | $4.70 Million | ▲ +111.8% |
| 2006 | 0.22x | $12.31 Million | $2.69 Million | ▼ -45.3% |
| 2005 | 0.40x | $6.72 Million | $2.69 Million | ▼ -76.4% |
| 2004 | 1.69x | $2.98 Million | $5.04 Million | ▲ +360.6% |
| 2003 | 0.37x | $6.70 Million | $2.46 Million | ▼ -27.4% |
| 2002 | 0.51x | $3.40 Million | $1.72 Million | ▲ +14.8% |
| 2001 | 0.44x | $2.50 Million | $1.10 Million | ▲ +123.8% |
| 2000 | 0.20x | $4.68 Million | $920.00K | ▼ -19.1% |
| 1999 | 0.24x | $3.70 Million | $900.00K | ▼ -39.2% |
| 1998 | 0.40x | $1.50 Million | $600.00K | ▲ +31.4% |
| 1997 | 0.30x | $2.30 Million | $700.00K | ▼ -75.1% |
| 1996 | 1.22x | $900.00K | $1.10 Million | ▲ +938.9% |
| 1994 | 0.12x | $1.70 Million | $200.00K | — |