Neogen Corporation

NEOG ·Healthcare, Drug Manufacturers - General, United States

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Profit Margins

Gross Margin Operating Margin Net Margin

Period	Gross Margin	Operating Margin	Net Margin
Aug 2010	53.0%	22.4%	13.6%
Nov 2010	51.2%	21.9%	13.9%
Feb 2011	48.7%	19.1%	11.7%
May 2011	50.3%	—	13.7%
Aug 2011	50.3%	20.5%	13.1%
Nov 2011	50.5%	18.1%	11.7%
Feb 2012	51.0%	16.8%	11.7%
May 2012	49.2%	—	12.4%
Aug 2012	53.3%	20.8%	13.5%
Nov 2012	53.8%	20.6%	13.4%
Feb 2013	53.5%	18.9%	13.0%
May 2013	50.7%	—	12.6%
Aug 2013	51.9%	21.2%	13.4%
Nov 2013	49.5%	16.3%	10.4%
Feb 2014	49.5%	16.6%	10.6%
May 2014	47.6%	—	11.2%
Aug 2014	50.4%	19.9%	13.2%
Nov 2014	50.0%	18.8%	11.4%
Feb 2015	49.3%	17.8%	10.8%
May 2015	48.0%	—	12.0%
Aug 2015	50.5%	19.9%	12.4%
Nov 2015	48.0%	18.4%	11.5%
Feb 2016	45.9%	14.7%	10.8%
May 2016	46.5%	—	10.9%
Aug 2016	48.4%	17.6%	11.8%
Nov 2016	48.1%	18.6%	12.3%
Feb 2017	46.3%	16.2%	11.6%
May 2017	47.6%	—	12.6%
Aug 2017	47.7%	17.4%	12.6%
Nov 2017	47.9%	17.9%	17.0%
Feb 2018	47.0%	16.8%	17.5%
May 2018	44.9%	—	16.2%
Aug 2018	46.9%	16.5%	15.3%
Nov 2018	46.7%	17.0%	15.0%
Feb 2019	45.7%	15.0%	13.4%
May 2019	46.0%	—	14.4%
Aug 2019	47.5%	16.0%	14.4%
Nov 2019	47.3%	16.9%	15.1%
Feb 2020	45.4%	13.1%	12.2%
May 2020	47.4%	—	15.0%
Aug 2020	46.0%	17.3%	14.5%
Nov 2020	46.3%	16.7%	13.8%
Feb 2021	46.1%	13.5%	11.5%
May 2021	45.3%	—	12.4%
Aug 2021	46.8%	16.9%	13.3%
Nov 2021	46.4%	9.6%	8.3%
Feb 2022	44.8%	5.0%	4.2%
Aug 2022	47.0%	4.6%	3.9%
Nov 2022	48.9%	-3.3%	-18.2%
Feb 2023	49.5%	7.2%	3.8%
Aug 2023	51.0%	8.4%	0.7%
Nov 2023	50.9%	6.3%	-1.5%
Feb 2024	51.1%	5.3%	-0.9%
Aug 2024	48.4%	1.0%	-5.8%
Nov 2024	49.0%	-197.8%	-197.3%
Feb 2025	49.9%	2.4%	-4.9%
Aug 2025	45.4%	-7.7%	17.4%
Nov 2025	47.5%	-2.4%	-7.1%
Feb 2026	46.9%	-1.6%	-8.0%