Neogen Corporation (NEOG)

Net profit margin

		Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020
Net income (ttm)	US$ in thousands	-485,263	-476,328	-23,533	-9,421	1,566	11,778	-26,576	-22,870	-13,483	-16,230	36,439	48,307	49,108	57,042	62,099	60,882	61,469	60,292	60,683	59,475
Revenue (ttm)	US$ in thousands	905,996	913,828	912,199	924,222	929,238	918,681	919,085	822,447	720,730	630,719	531,203	527,159	514,491	502,956	487,439	468,459	450,108	433,268	426,071	418,170
Net profit margin		-53.56%	-52.12%	-2.58%	-1.02%	0.17%	1.28%	-2.89%	-2.78%	-1.87%	-2.57%	6.86%	9.16%	9.54%	11.34%	12.74%	13.00%	13.66%	13.92%	14.24%	14.22%

February 28, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-485,263K ÷ $905,996K
= -53.56%

Neogen Corporation's net profit margin has shown a gradual decline over the past few years, starting at 14.22% in May 2020 and decreasing to -53.56% by February 2025. The company experienced fluctuations in its profitability, with periods of slight improvement followed by significant declines. Notably, the net profit margin dropped below zero in August 2022 and remained negative until February 2024, indicating that the company experienced losses during this period. The sharp decline to -52.12% in November 2024 and further to -53.56% in February 2025 suggests significant challenges impacting Neogen Corporation's profitability. This downward trend in net profit margin raises concerns about the company's ability to generate profits relative to its revenue, signaling potential financial difficulties that may require further analysis and remedial actions.