Neogen Corporation
Neogen Corporation develops, manufactures, and markets various products and services for food and animal safety in the United States and internationally. It operates through two segments, Food Safety and Animal Safety. The Food Safety segment offers diagnostic test kits and complementary products to detect dangerous and unintended substances in human food and animal feed, including foodborne path… Read more
Neogen Corporation (NEOG) - Net Assets
Latest net assets as of November 2025: $2.10 Billion USD
Based on the latest financial reports, Neogen Corporation (NEOG) has net assets worth $2.10 Billion USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.36 Billion) and total liabilities ($1.26 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.10 Billion |
| % of Total Assets | 62.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | 146.47% |
| 10-Year Change | 412.48% |
| Growth Volatility | 46.41 |
Neogen Corporation - Net Assets Trend (1988–2025)
This chart illustrates how Neogen Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Neogen Corporation (1988–2025)
The table below shows the annual net assets of Neogen Corporation from 1988 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | $2.07 Billion | -34.12% |
| 2024-05-31 | $3.14 Billion | +0.32% |
| 2023-05-31 | $3.13 Billion | +253.20% |
| 2022-05-31 | $887.37 Million | +5.59% |
| 2021-05-31 | $840.38 Million | +15.89% |
| 2020-05-31 | $725.18 Million | +13.68% |
| 2019-05-31 | $637.90 Million | +13.87% |
| 2018-05-31 | $560.17 Million | +18.74% |
| 2017-05-31 | $471.76 Million | +16.73% |
| 2016-05-31 | $404.16 Million | +15.16% |
| 2015-05-31 | $350.96 Million | +14.58% |
| 2014-05-31 | $306.30 Million | +18.59% |
| 2013-05-31 | $258.29 Million | +17.91% |
| 2012-05-31 | $219.05 Million | +15.92% |
| 2011-05-31 | $188.98 Million | +23.47% |
| 2010-05-31 | $153.05 Million | +18.94% |
| 2009-05-31 | $128.68 Million | +15.67% |
| 2008-05-31 | $111.25 Million | +20.99% |
| 2007-05-31 | $91.94 Million | +42.44% |
| 2006-05-31 | $64.55 Million | +17.71% |
| 2005-05-31 | $54.84 Million | +14.62% |
| 2004-05-31 | $47.84 Million | +15.55% |
| 2003-05-31 | $41.40 Million | +16.47% |
| 2002-05-31 | $35.55 Million | +21.16% |
| 2001-05-31 | $29.34 Million | +13.69% |
| 2000-05-31 | $25.80 Million | +8.42% |
| 1999-05-31 | $23.80 Million | +0.85% |
| 1998-05-31 | $23.60 Million | +12.38% |
| 1997-05-31 | $21.00 Million | +135.96% |
| 1996-05-31 | $8.90 Million | +1.14% |
| 1995-05-31 | $8.80 Million | +14.29% |
| 1994-05-31 | $7.70 Million | +26.23% |
| 1993-05-31 | $6.10 Million | -4.69% |
| 1992-05-31 | $6.40 Million | -9.86% |
| 1991-05-31 | $7.10 Million | -10.13% |
| 1990-05-31 | $7.90 Million | +275.56% |
| 1989-05-31 | $-4.50 Million | -9.76% |
| 1988-05-31 | $-4.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Neogen Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 53222400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $34.73 Million | 1.68% |
| Other Comprehensive Income | $-28.90 Million | -1.40% |
| Other Components | $2.60 Billion | 125.62% |
| Total Equity | $2.07 Billion | 100.00% |
Neogen Corporation Competitors by Market Cap
The table below lists competitors of Neogen Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MDA Ltd
PINK:MDALF
|
$1.91 Billion |
|
Eagers Automotive Ltd
AU:APE
|
$1.91 Billion |
|
Star Bulk Carriers Corp
NASDAQ:SBLK
|
$1.91 Billion |
|
Enerpac Tool Group Corp
NYSE:EPAC
|
$1.91 Billion |
|
Topaz Energy Corp
PINK:TPZEF
|
$1.90 Billion |
|
LIQUIDIA CORP. DL-001
F:LT4
|
$1.90 Billion |
|
Shenyang Fortune Precision Equipment Co. Ltd. A
SHG:688409
|
$1.90 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
$1.90 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neogen Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,144,142,000 to 2,071,254,000, a change of -1,072,888,000 (-34.1%).
- Net loss of 1,092,044,000 reduced equity.
- Other comprehensive income increased equity by 1,123,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.09 Billion | -52.72% |
| Other Comprehensive Income | $1.12 Million | +0.05% |
| Other Changes | $18.03 Million | +0.87% |
| Total Change | $- | -34.12% |
Book Value vs Market Value Analysis
This analysis compares Neogen Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.97x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1988-05-31 | $-0.20 | $9.27 | x |
| 1989-05-31 | $-0.18 | $9.27 | x |
| 1990-05-31 | $0.18 | $9.27 | x |
| 1991-05-31 | $0.16 | $9.27 | x |
| 1992-05-31 | $0.15 | $9.27 | x |
| 1993-05-31 | $0.14 | $9.27 | x |
| 1994-05-31 | $0.14 | $9.27 | x |
| 1995-05-31 | $0.17 | $9.27 | x |
| 1996-05-31 | $0.16 | $9.27 | x |
| 1997-05-31 | $0.33 | $9.27 | x |
| 1998-05-31 | $0.33 | $9.27 | x |
| 1999-05-31 | $0.34 | $9.27 | x |
| 2000-05-31 | $0.39 | $9.27 | x |
| 2001-05-31 | $0.44 | $9.27 | x |
| 2002-05-31 | $0.50 | $9.27 | x |
| 2003-05-31 | $0.48 | $9.27 | x |
| 2004-05-31 | $0.53 | $9.27 | x |
| 2005-05-31 | $0.60 | $9.27 | x |
| 2006-05-31 | $0.75 | $9.27 | x |
| 2007-05-31 | $1.08 | $9.27 | x |
| 2008-05-31 | $1.24 | $9.27 | x |
| 2009-05-31 | $1.42 | $9.27 | x |
| 2010-05-31 | $1.66 | $9.27 | x |
| 2011-05-31 | $1.98 | $9.27 | x |
| 2012-05-31 | $2.28 | $9.27 | x |
| 2013-05-31 | $2.65 | $9.27 | x |
| 2014-05-31 | $3.08 | $9.27 | x |
| 2015-05-31 | $3.51 | $9.27 | x |
| 2016-05-31 | $4.00 | $9.27 | x |
| 2017-05-31 | $4.61 | $9.27 | x |
| 2018-05-31 | $5.37 | $9.27 | x |
| 2019-05-31 | $6.08 | $9.27 | x |
| 2020-05-31 | $6.86 | $9.27 | x |
| 2021-05-31 | $7.85 | $9.27 | x |
| 2022-05-31 | $8.21 | $9.27 | x |
| 2023-05-31 | $16.59 | $9.27 | x |
| 2024-05-31 | $14.52 | $9.27 | x |
| 2025-05-31 | $9.55 | $9.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neogen Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -52.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -122.06%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.66x
- Recent ROE (-52.72%) is below the historical average (5.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1988 | 0.00% | -22.92% | 0.92x | 0.00x | $-690.00K |
| 1989 | 0.00% | -8.06% | 1.35x | 0.00x | $-50.00K |
| 1990 | -2.53% | -3.33% | 0.64x | 1.19x | $-990.00K |
| 1991 | -11.27% | -13.33% | 0.71x | 1.20x | $-1.51 Million |
| 1992 | -12.50% | -12.12% | 0.87x | 1.19x | $-1.44 Million |
| 1993 | -8.20% | -6.58% | 1.04x | 1.20x | $-1.11 Million |
| 1994 | 11.69% | 8.41% | 1.18x | 1.18x | $130.00K |
| 1995 | 7.95% | 5.98% | 1.02x | 1.31x | $-180.00K |
| 1996 | -2.25% | -1.60% | 1.09x | 1.29x | $-1.09 Million |
| 1997 | 8.57% | 11.76% | 0.66x | 1.10x | $-300.00K |
| 1998 | 9.32% | 11.89% | 0.73x | 1.08x | $-160.00K |
| 1999 | 9.66% | 10.36% | 0.85x | 1.10x | $-80.00K |
| 2000 | 11.91% | 13.07% | 0.80x | 1.14x | $493.60K |
| 2001 | 10.81% | 9.08% | 1.06x | 1.13x | $236.30K |
| 2002 | 11.10% | 9.60% | 1.03x | 1.12x | $390.40K |
| 2003 | 11.56% | 10.30% | 0.97x | 1.16x | $646.80K |
| 2004 | 10.66% | 9.19% | 0.93x | 1.25x | $314.80K |
| 2005 | 10.79% | 9.43% | 0.98x | 1.17x | $432.50K |
| 2006 | 12.30% | 10.96% | 0.82x | 1.37x | $1.49 Million |
| 2007 | 9.92% | 10.59% | 0.82x | 1.15x | $-69.50K |
| 2008 | 10.87% | 11.81% | 0.81x | 1.14x | $973.20K |
| 2009 | 10.78% | 11.69% | 0.84x | 1.10x | $1.01 Million |
| 2010 | 11.45% | 12.47% | 0.78x | 1.18x | $2.22 Million |
| 2011 | 12.11% | 13.23% | 0.79x | 1.16x | $3.97 Million |
| 2012 | 10.28% | 12.23% | 0.73x | 1.15x | $607.60K |
| 2013 | 10.53% | 13.10% | 0.72x | 1.12x | $1.36 Million |
| 2014 | 9.19% | 11.38% | 0.72x | 1.13x | $-2.47 Million |
| 2015 | 9.55% | 11.84% | 0.72x | 1.12x | $-1.57 Million |
| 2016 | 9.05% | 11.38% | 0.71x | 1.12x | $-3.85 Million |
| 2017 | 9.28% | 12.11% | 0.68x | 1.12x | $-3.38 Million |
| 2018 | 11.27% | 15.70% | 0.65x | 1.10x | $7.13 Million |
| 2019 | 9.43% | 14.53% | 0.60x | 1.09x | $-3.61 Million |
| 2020 | 8.20% | 14.22% | 0.52x | 1.10x | $-13.04 Million |
| 2021 | 7.24% | 13.00% | 0.51x | 1.09x | $-23.16 Million |
| 2022 | 5.44% | 9.16% | 0.53x | 1.12x | $-40.43 Million |
| 2023 | -0.73% | -2.78% | 0.18x | 1.45x | $-336.29 Million |
| 2024 | -0.30% | -1.02% | 0.20x | 1.45x | $-323.84 Million |
| 2025 | -52.72% | -122.06% | 0.26x | 1.66x | $-1.30 Billion |
Industry Comparison
This section compares Neogen Corporation's net assets metrics with peer companies in the Diagnostics & Research industry.
Industry Context
- Industry: Diagnostics & Research
- Average net assets among peers: $914,015,556
- Average return on equity (ROE) among peers: -22.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neogen Corporation (NEOG) | $2.10 Billion | 0.00% | 0.60x | $1.90 Billion |
| Agilent Technologies Inc (A) | $4.08 Billion | 3.46% | 0.65x | $31.80 Billion |
| Amer Bio Medica (ABMC) | $3.38 Million | -26.64% | 1.08x | $3.55K |
| ADCNF (ADCNF) | $1.77 Billion | 2.65% | 1.64x | $172.01 Million |
| Advanced Biomed Inc. Common Stock (ADVB) | $3.48 Billion | 0.00% | 0.87x | $1.68 Million |
| ANGLE plc (ANPCF) | $18.44 Million | -77.14% | 0.38x | $34.42 Million |
| SeqLL Inc. (ATLN) | $8.18 Million | -45.26% | 0.31x | $35.63K |
| Avricore Health Inc (AVCRF) | $2.20 Million | -79.50% | 0.04x | $3.22 Million |
| Aspira Womens Health Inc (AWH) | $-11.46 Million | 0.00% | 0.00x | $664.47K |
| Biodesix Inc (BDSX) | $-198.03 Million | 0.00% | 0.00x | $50.38 Million |
| bioAffinity Technologies, Inc. (BIAF) | $-15.79 Million | 0.00% | 0.00x | $5.08 Million |