Neogen Corporation (NEOG) — Tangible Net Worth Ratio
Neogen Corporation (NEOG) has a Tangible Net Worth Ratio of 36.2% as of February 2026. This metric is calculated by deducting intangible assets ($1.34 Billion) from net assets ($2.10 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See NEOG book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Neogen Corporation Tangible Net Worth Ratio (1990–2025)
This chart shows how Neogen Corporation's Tangible Net Worth Ratio has changed across 36 annual periods from 1990 to 2025. As of February 2026, the ratio stands at 36.2%, reflecting net assets of $2.10 Billion with intangible assets of $1.34 Billion USD. Also explore Neogen Corporation annual equity growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Neogen Corporation (1990–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Neogen Corporation from 1990 to 2025, covering 36 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Neogen Corporation (NEOG) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 31.9% | $2.07 Billion | $1.41 Billion | $3.44 Billion | ▼ -20.0 pp |
| 2024 | 51.9% | $3.14 Billion | $1.51 Billion | $4.55 Billion | ▲ +3.1 pp |
| 2023 | 48.8% | $3.13 Billion | $1.61 Billion | $4.55 Billion | ▼ -39.1 pp |
| 2022 | 87.9% | $887.37 Million | $107.50 Million | $992.93 Million | ▼ -1.1 pp |
| 2021 | 89.0% | $840.38 Million | $92.32 Million | $920.19 Million | ▼ -1.8 pp |
| 2020 | 90.8% | $725.18 Million | $66.58 Million | $797.18 Million | ▲ +1.4 pp |
| 2019 | 89.4% | $637.90 Million | $67.61 Million | $695.74 Million | ▲ +1.8 pp |
| 2018 | 87.6% | $560.17 Million | $69.59 Million | $618.01 Million | ▲ +2.2 pp |
| 2017 | 85.4% | $471.76 Million | $68.94 Million | $528.41 Million | ▼ -0.1 pp |
| 2016 | 85.5% | $404.16 Million | $58.52 Million | $451.71 Million | ▼ -1.3 pp |
| 2015 | 86.8% | $350.96 Million | $46.39 Million | $392.18 Million | ▲ +1.9 pp |
| 2014 | 84.8% | $306.30 Million | $46.42 Million | $345.30 Million | ▼ -4.2 pp |
| 2013 | 89.1% | $258.29 Million | $28.27 Million | $289.25 Million | ▲ +0.3 pp |
| 2012 | 88.7% | $219.05 Million | $24.67 Million | $251.60 Million | ▼ -2.2 pp |
| 2011 | 90.9% | $188.98 Million | $17.17 Million | $219.66 Million | ▲ +2.1 pp |
| 2010 | 88.8% | $153.05 Million | $17.16 Million | $180.23 Million | ▼ -3.5 pp |
| 2009 | 92.3% | $128.68 Million | $9.87 Million | $142.18 Million | ▲ +0.9 pp |
| 2008 | 91.4% | $111.25 Million | $9.57 Million | $126.36 Million | ▲ +1.6 pp |
| 2007 | 89.8% | $91.94 Million | $9.36 Million | $105.28 Million | ▼ -7.0 pp |
| 2006 | 96.8% | $64.55 Million | $2.08 Million | $88.29 Million | ▲ +34.5 pp |
| 2005 | 62.3% | $54.84 Million | $20.68 Million | $63.88 Million | ▲ +2.6 pp |
| 2004 | 59.7% | $47.84 Million | $19.29 Million | $59.98 Million | ▼ -4.2 pp |
| 2003 | 63.9% | $41.40 Million | $14.94 Million | $48.04 Million | ▼ -0.4 pp |
| 2002 | 64.3% | $35.55 Million | $12.69 Million | $39.90 Million | ▼ -11.6 pp |
| 2001 | 75.9% | $29.34 Million | $7.08 Million | $33.02 Million | ▼ -9.0 pp |
| 2000 | 84.9% | $25.80 Million | $3.89 Million | $29.53 Million | ▼ -1.6 pp |
| 1999 | 86.6% | $23.80 Million | $3.20 Million | $26.10 Million | ▲ +3.5 pp |
| 1998 | 83.1% | $23.60 Million | $4.00 Million | $25.40 Million | ▼ -7.4 pp |
| 1997 | 90.5% | $21.00 Million | $2.00 Million | $23.10 Million | ▲ +12.9 pp |
| 1996 | 77.5% | $8.90 Million | $2.00 Million | $11.50 Million | ▼ -5.4 pp |
| 1995 | 83.0% | $8.80 Million | $1.50 Million | $11.50 Million | ▼ -6.7 pp |
| 1994 | 89.6% | $7.70 Million | $800.00K | $9.10 Million | ▼ -3.8 pp |
| 1993 | 93.4% | $6.10 Million | $400.00K | $7.30 Million | ▼ -6.6 pp |
| 1992 | 100.0% | $6.40 Million | $0.00 | $7.60 Million | ▲ +0.0 pp |
| 1991 | 100.0% | $7.10 Million | $0.00 | $8.50 Million | ▲ +0.0 pp |
| 1990 | 100.0% | $7.90 Million | $0.00 | $9.40 Million | — |