Neogen Corporation (NEOG) — Free Cash Flow Generation Index
Neogen Corporation (NEOG) has a Free Cash Flow Generation Index of 2.23x as of November 2025. Free cash flow of $43.45 Million represents 2% of operating cash flow ($19.44 Million). See Neogen Corporation short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Neogen Corporation Free Cash Flow Generation Index (1994–2025)
Historical FCF Generation Index trend for Neogen Corporation across 31 annual periods. Explore debt repayment capacity of Neogen Corporation to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Neogen Corporation (1994–2025)
Year-by-year Free Cash Flow Generation Index for Neogen Corporation. For the full company profile including market capitalisation, see market value of Neogen Corporation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.80x | $-46.35 Million | $58.24 Million | $104.59 Million | ▲ +63.2% |
| 2024 | -2.16x | $-76.16 Million | $35.26 Million | $111.42 Million | ▼ -258.3% |
| 2023 | -0.60x | $-24.73 Million | $41.03 Million | $65.76 Million | ▼ -194.0% |
| 2022 | 0.64x | $43.61 Million | $68.04 Million | $24.43 Million | ▼ -4.4% |
| 2021 | 0.67x | $54.38 Million | $81.09 Million | $26.71 Million | ▼ -6.9% |
| 2020 | 0.72x | $61.83 Million | $85.88 Million | $24.05 Million | ▼ -6.5% |
| 2019 | 0.77x | $49.18 Million | $63.84 Million | $14.66 Million | ▲ +10.5% |
| 2018 | 0.70x | $48.19 Million | $69.13 Million | $20.95 Million | ▼ -8.1% |
| 2017 | 0.76x | $45.70 Million | $60.27 Million | $14.58 Million | ▲ +26.9% |
| 2016 | 0.60x | $21.11 Million | $35.33 Million | $14.22 Million | ▼ -23.4% |
| 2015 | 0.78x | $34.17 Million | $43.79 Million | $9.62 Million | ▲ +67.0% |
| 2014 | 0.47x | $10.12 Million | $21.67 Million | $11.54 Million | ▼ -29.7% |
| 2013 | 0.67x | $17.66 Million | $26.56 Million | $8.90 Million | ▲ +50.2% |
| 2012 | 0.44x | $9.86 Million | $22.28 Million | $12.41 Million | ▼ -39.3% |
| 2011 | 0.73x | $21.05 Million | $28.84 Million | $7.80 Million | ▼ -9.5% |
| 2010 | 0.81x | $22.56 Million | $27.99 Million | $5.43 Million | ▲ +8.6% |
| 2009 | 0.74x | $8.15 Million | $10.98 Million | $2.84 Million | ▲ +8.1% |
| 2008 | 0.69x | $5.40 Million | $7.87 Million | $2.47 Million | ▲ +27.8% |
| 2007 | 0.54x | $5.45 Million | $10.16 Million | $4.70 Million | ▼ -25.4% |
| 2006 | 0.72x | $8.87 Million | $12.31 Million | $2.69 Million | ▲ +20.0% |
| 2005 | 0.60x | $4.03 Million | $6.72 Million | $2.69 Million | ▲ +186.8% |
| 2004 | -0.69x | $-2.06 Million | $2.98 Million | $5.04 Million | ▼ -209.3% |
| 2003 | 0.63x | $4.24 Million | $6.70 Million | $2.46 Million | ▲ +28.0% |
| 2002 | 0.49x | $1.68 Million | $3.40 Million | $1.72 Million | ▼ -11.7% |
| 2001 | 0.56x | $1.40 Million | $2.50 Million | $1.10 Million | ▼ -30.3% |
| 2000 | 0.80x | $3.76 Million | $4.68 Million | $920.00K | ▲ +6.1% |
| 1999 | 0.76x | $2.80 Million | $3.70 Million | $900.00K | ▲ +26.1% |
| 1998 | 0.60x | $900.00K | $1.50 Million | $600.00K | ▼ -13.8% |
| 1997 | 0.70x | $1.60 Million | $2.30 Million | $700.00K | ▲ +413.0% |
| 1996 | -0.22x | $-200.00K | $900.00K | $1.10 Million | ▼ -125.2% |
| 1994 | 0.88x | $1.50 Million | $1.70 Million | $200.00K | — |