Neogen Corp
NASDAQ:NEOG
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Neogen Corp
Gross Margin
Neogen Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | US |
| Market Cap | 3.2B USD |
| Gross Margin |
50%
|
| Country | JP |
| Market Cap | 6.8T JPY |
| Gross Margin |
86%
|
| Country | CH |
| Market Cap | 37.9B CHF |
| Gross Margin |
55%
|
| Country | DK |
| Market Cap | 200.9B DKK |
| Gross Margin |
68%
|
| Country | US |
| Market Cap | 16.9B USD |
| Gross Margin |
70%
|
| Country | KR |
| Market Cap | 9.9T KRW |
| Gross Margin |
15%
|
| Country | CA |
| Market Cap | 6.9B USD |
| Gross Margin |
61%
|
| Country | CN |
| Market Cap | 48.6B CNY |
| Gross Margin |
73%
|
| Country | US |
| Market Cap | 6.3B USD |
| Gross Margin |
65%
|
| Country | US |
| Market Cap | 6.1B USD |
| Gross Margin |
47%
|
| Country | UK |
| Market Cap | 4.8B GBP |
| Gross Margin |
56%
|
Neogen Corp
Glance View
Neogen Corp. engages in the development, manufacture, and sale of products dedicated to food and animal safety. The company is headquartered in Lansing, Michigan and currently employs 1,841 full-time employees. The firm operates through two segments: Food Safety and Animal Safety. The Food Safety segment is primarily engaged in the development, production and marketing of diagnostic test kits, culture media and related products used by food producers and processors to detect harmful natural toxins, foodborne bacteria, allergens, and levels of general sanitation. The Animal Safety segment is primarily engaged in the development, production and marketing of products dedicated to animal safety, including consumable products marketed to veterinarians and animal health product distributors. This segment also provides genomic identification and related interpretive bioinformatic services. Additionally, the Animal Safety segment produces and markets rodenticides, disinfectants and insecticides.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Neogen Corp's most recent financial statements, the company has Gross Margin of 49.6%.
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