Neogen Corporation (NEOG)

The net profit margin of Neogen Corporation has experienced significant fluctuations over the analyzed period from May 31, 2021, to May 31, 2025.

In the fiscal year ending May 31, 2021, the company recorded a net profit margin of 13.00%, indicating a profitable operation with a healthy profit relative to revenue. However, in the subsequent year ending May 31, 2022, the margin declined substantially to 9.16%, reflecting a decrease in profitability, which could be attributed to increased costs, declining revenues, or other operational challenges.

By May 31, 2023, the net profit margin turned negative to -2.78%, signaling that the company was incurring a net loss during that period. This negative turn suggests possible operational difficulties, extraordinary expenses, or other factors impacting net income adversely.

The negative trend persisted into May 31, 2024, with the net profit margin marginally improving to -1.02%. Although slightly better, the margin remained negative, indicating continued challenges in achieving profitability.

Most notably, by May 31, 2025, the net profit margin dramatically deteriorated to -122.06%. This extreme negative margin signifies that the company experienced a substantial net loss relative to its revenue, implying severe financial distress, potential extraordinary expenses, or write-downs that critically impacted net income and overall profitability.

Overall, the data indicates a downward trajectory in Neogen Corporation’s profitability, transitioning from a solid profit margin in 2021 to substantial losses by 2025, highlighting serious financial concerns and the need for strategic reassessment.

Peer comparison

May 31, 2025