Neogen (STU:NG2) Tax Rate % : 19.22% (As of Aug. 2024)

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What is Neogen Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Neogen's Tax Expense for the three months ended in Aug. 2024 was €-2.7 Mil. Neogen's Pre-Tax Income for the three months ended in Aug. 2024 was €-14.2 Mil. Therefore, Neogen's Tax Rate % for the quarter that ended in Aug. 2024 was 19.22%.

Neogen Tax Rate % Historical Data

The historical data trend for Neogen's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Neogen Tax Rate % Chart

Neogen Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Tax Rate %

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17.74

19.11

19.76

-3.76

34.14

Neogen Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Tax Rate %	Get a 7-Day Free Trial															9.64	6.93	65.28	15.37	19.22

Neogen Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Neogen's Tax Rate % for the fiscal year that ended in May. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: May. 2024 )	/	Pre-Tax Income (A: May. 2024 )
	=	-4.518	/	-13.232
	=	34.14 %

Neogen's Tax Rate % for the quarter that ended in Aug. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Aug. 2024 )	/	Pre-Tax Income (Q: Aug. 2024 )
	=	-2.721	/	-14.157
	=	19.22 %

Neogen Tax Rate % Related Terms

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Neogen Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Neogen Corp (STU:NG2) » Definitions » Tax Rate %

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NEOG:USA

Address

620 Lesher Place, Lansing, MI, USA, 48912

Website

https://www.neogen.com

Neogen Corporation, headquartered in Lansing, Michigan, develops, manufactures, and markets various products for food and animal safety. In food safety, Neogen performs diagnostics to detect unintended substances in food and animal feed, such as pathogens, allergens, and drug residues, for food and feed processing companies. In animal safety, Neogen sells veterinary instruments, pharmaceuticals, disinfectants, and genomics tests for animals, including cattle, horses, and canines. Sales in the United States account for maximum revenue, and it also has its presence in United Kingdom and other countries.

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