Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Neogen Corporation (NEOG) had Return on Tangible Equity of 4.63% for the most recently reported fiscal quarter, ending 2026-08-31.

Quarterly Annual

Figures for fiscal quarter ending 2026-08-31

Income Statement Financials
Revenue	$222.80M
Net Income	$-11.90M
Cost of Goods Sold	$117.30M
Gross Profit	$105.50M
Operating Expenses	$224.60M
Operating Income	$-1.80M
Non-Operating Income/Expense	$-13.10M
Pre-Tax Income	$-14.90M
Normalized Pre-Tax Income	$-14.90M
Income after Taxes	$-11.90M
Income from Continuous Operations	$-11.90M
Consolidated Net Income/Loss	$-11.90M
Normalized Income after Taxes	$-11.90M
EBIT	$-1.80M
EBITDA	$29.10M
Weighted-Average Shares Outstanding (Basic)	218.10M
Weighted-Average Shares Outstanding (Diluted)	218.10M
Earnings per Share (EPS) (Basic)	$-0.05
Earnings per Share (EPS) (Diluted)	$-0.05
Balance Sheet Financials
Current Assets	$582.50M
Property, Plant, and Equipment	$329.80M
Long-Term Assets	$2.72B
Total Assets	$3.30B
Current Liabilities	$149.50M
Long-Term Debt	$774.20M
Long-Term Liabilities	$1.07B
Total Liabilities	$1.22B
Common Equity	$2.09B
Tangible Shareholders Equity	$-257.00M
Shareholders Equity	$2.09B
Common Shares Outstanding	218.30M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$12.90M
Cash Flow from Investing Activities	$-8.20M
Cash Flow from Financial Activities	$-19.00M
Beginning Cash	$185.50M
End Cash	$172.00M
Increase/Decrease in Cash	$-13.50M
Stock-Based Compensation	$3.10M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	3.90
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.27
Debt to Equity Ratio	0.37
Gross Margin	47.35%
Operating Margin	-0.81%
EBIT Margin	-0.81%
EBITDA Margin	--
Pre-Tax Profit Margin	-6.69%
Profit Margin	-5.34%
Free Cash Flow	$4.70M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.07
Inventory Turnover	0.80
Receiveable Turnover	1.64
Days Sales in Receivables	55.02
Return on Equity	-0.57%
Return on Tangible Equity	4.63%
Return on Assets	-0.36%
Return on Investments	-0.42%
Book Value Per Share	$9.56
Free Cash Flow per Share	$0.02
Operating Cash Flow per Share	$0.06

Data from Zacks Investment Research, Inc.