Neogen Corporation (NEOG) — Tangible Net Worth Ratio
Neogen Corporation (NEOG) has a Tangible Net Worth Ratio of 37.0% as of May 2026. This metric is calculated by deducting intangible assets ($1.32 Billion) from net assets ($2.09 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. Also explore Neogen Corporation net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Neogen Corporation Tangible Net Worth Ratio (1990–2026)
This chart shows how Neogen Corporation's Tangible Net Worth Ratio has changed across 37 annual periods from 1990 to 2026. As of May 2026, the ratio stands at 37.0%, reflecting net assets of $2.09 Billion with intangible assets of $1.32 Billion USD. For live market cap and overall valuation, see Neogen Corporation market capitalisation.
Annual Tangible Net Worth Ratio for Neogen Corporation (1990–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Neogen Corporation from 1990 to 2026, covering 37 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. Explore NEOG capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 37.0% | $2.09 Billion | $1.32 Billion | $3.35 Billion | ▲ +5.1 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 | — |