Neogen Corporation (NEOG) — Cash Flow Quality Index
Neogen Corporation (NEOG) has a Cash Flow Quality Index of 0.30x as of August 2025. Operating cash flow of $10.85 Million is below net income of $36.34 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore how large is Neogen Corporation's balance sheet for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Neogen Corporation Cash Flow Quality Index (1994–2022)
Historical Cash Flow Quality Index for Neogen Corporation across 28 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check NEOG goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Neogen Corporation (1994–2022)
Year-by-year earnings quality comparison for Neogen Corporation. For live market cap and the full company financial profile, see NEOG stock market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2022 | 1.41x | $68.04 Million | $48.31 Million | ▲ +5.7% |
| 2021 | 1.33x | $81.09 Million | $60.88 Million | ▼ -7.8% |
| 2020 | 1.44x | $85.88 Million | $59.48 Million | ▲ +36.1% |
| 2019 | 1.06x | $63.84 Million | $60.18 Million | ▼ -3.0% |
| 2018 | 1.09x | $69.13 Million | $63.22 Million | ▼ -20.2% |
| 2017 | 1.37x | $60.27 Million | $43.97 Million | ▲ +41.8% |
| 2016 | 0.97x | $35.33 Million | $36.54 Million | ▼ -25.9% |
| 2015 | 1.30x | $43.79 Million | $33.58 Million | ▲ +68.7% |
| 2014 | 0.77x | $21.67 Million | $28.03 Million | ▼ -21.3% |
| 2013 | 0.98x | $26.56 Million | $27.04 Million | ▼ -1.3% |
| 2012 | 0.99x | $22.28 Million | $22.39 Million | ▼ -21.4% |
| 2011 | 1.27x | $28.84 Million | $22.80 Million | ▼ -20.8% |
| 2010 | 1.60x | $27.99 Million | $17.52 Million | ▲ +101.8% |
| 2009 | 0.79x | $10.98 Million | $13.87 Million | ▲ +21.7% |
| 2008 | 0.65x | $7.87 Million | $12.10 Million | ▼ -41.5% |
| 2007 | 1.11x | $10.16 Million | $9.12 Million | ▼ -28.2% |
| 2006 | 1.55x | $12.31 Million | $7.94 Million | ▲ +36.5% |
| 2005 | 1.14x | $6.72 Million | $5.92 Million | ▲ +94.4% |
| 2004 | 0.58x | $2.98 Million | $5.10 Million | ▼ -58.2% |
| 2003 | 1.40x | $6.70 Million | $4.79 Million | ▲ +62.6% |
| 2002 | 0.86x | $3.40 Million | $3.94 Million | ▲ +9.3% |
| 2001 | 0.79x | $2.50 Million | $3.17 Million | ▼ -48.2% |
| 2000 | 1.52x | $4.68 Million | $3.07 Million | ▼ -5.4% |
| 1999 | 1.61x | $3.70 Million | $2.30 Million | ▲ +135.9% |
| 1998 | 0.68x | $1.50 Million | $2.20 Million | ▼ -46.6% |
| 1997 | 1.28x | $2.30 Million | $1.80 Million | ▲ +278.9% |
| 1995 | -0.71x | $-500.00K | $700.00K | ▼ -137.8% |
| 1994 | 1.89x | $1.70 Million | $900.00K | — |