Neogen Corporation (NEOG)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 48.79% | 49.09% | 49.56% | 50.19% | 50.97% | 50.58% | 50.10% | 49.36% | 48.25% | 47.12% | 46.17% | 46.10% | 45.81% | 46.16% | 46.11% | 45.91% | 46.45% | 46.29% | 46.56% | 46.94% |
| Operating profit margin | -47.71% | -46.58% | 5.08% | 6.84% | 7.43% | 4.92% | 2.52% | 1.22% | -0.17% | 1.68% | 5.79% | 8.81% | 10.60% | 13.97% | 15.80% | 15.83% | 16.41% | 16.42% | 16.47% | 16.15% |
| Pretax margin | -56.10% | -55.20% | -3.46% | -1.55% | -0.03% | 0.36% | -2.94% | -2.68% | -1.50% | -0.30% | 8.50% | 11.42% | 11.94% | 14.07% | 15.83% | 16.07% | 16.95% | 17.21% | 17.48% | 17.29% |
| 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% |
Neogen Corporation's profitability ratios have shown varying trends over the years.
1. Gross profit margin has displayed a generally positive trend, increasing from 46.94% in May 2020 to 50.97% in February 2024 before slightly declining to 48.79% in February 2025. This indicates the company has been able to manage its production costs efficiently.
2. Operating profit margin has been more volatile, starting at 16.15% in May 2020, reaching a low of -47.71% in February 2025. This suggests fluctuations in operating expenses and revenues impacting the company's profitability.
3. Pretax margin has declined over the years, from 17.29% in May 2020 to -56.10% in February 2025. This downward trend indicates challenges in generating profits before accounting for taxes.
4. Net profit margin has also experienced a downward trajectory, decreasing from 14.22% in May 2020 to -53.56% in February 2025. This suggests that after accounting for all expenses, including taxes, the company's profitability has been significantly impacted.
In conclusion, Neogen Corporation's profitability ratios reflect a mix of strengths and challenges, with improvements in gross profit margin but declining trends in operating, pretax, and net profit margins over the years. Management should focus on controlling costs and enhancing revenue generation to improve overall profitability in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -10.71% | -10.50% | 1.03% | 1.38% | 1.51% | 0.98% | 0.51% | 0.22% | -0.03% | 0.23% | 3.15% | 4.68% | 5.56% | 7.27% | 8.26% | 8.06% | 8.39% | 8.41% | 8.54% | 8.47% |
| Return on assets (ROA) | -12.02% | -11.75% | -0.52% | -0.21% | 0.03% | 0.26% | -0.58% | -0.50% | -0.30% | -0.36% | 3.73% | 4.87% | 5.01% | 5.90% | 6.66% | 6.62% | 6.98% | 7.13% | 7.39% | 7.46% |
| Return on total capital | -16.33% | -16.13% | 1.50% | 2.04% | 4.45% | 4.56% | 3.53% | 3.53% | 1.28% | 0.99% | 7.46% | 7.65% | 8.01% | 9.19% | 9.00% | 8.83% | 9.14% | 9.15% | 9.33% | 9.31% |
| Return on equity (ROE) | -18.24% | -17.85% | -0.75% | -0.30% | 0.05% | 0.37% | -0.84% | -0.73% | -0.43% | -0.52% | 4.12% | 5.44% | 5.61% | 6.59% | 7.26% | 7.24% | 7.61% | 7.76% | 8.07% | 8.20% |
Neogen Corporation's profitability ratios have experienced fluctuations over the years.
- Operating return on assets (Operating ROA) has generally been positive but has shown a declining trend from 8.47% as of May 31, 2020, to 0.51% as of August 31, 2023, before slightly increasing to 1.38% by May 31, 2024. However, there was a significant decline to -10.71% by February 28, 2025.
- Return on assets (ROA) has followed a similar pattern, starting at 7.46% as of May 31, 2020, decreasing to -0.52% by August 31, 2024, and further deteriorating to -12.02% by February 28, 2025.
- Return on total capital has also shown a decrease over time, from 9.31% as of May 31, 2020, to -16.33% by February 28, 2025.
- Return on equity (ROE) has seen a gradual decline, with values decreasing from 8.20% as of May 31, 2020, to -18.24% by February 28, 2025.
Overall, the trend suggests a decrease in profitability ratios for Neogen Corporation, indicating potential challenges in generating returns from its assets, capital, and equity.