Neogen Corporation (NEOG)
Neogen Corporation Return on Invested Capital: 11.49%
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NEOG Return on Invested Capital Rankings
| Overall | 75th percentile | 1031 of 4163 |
| Sector | 75th percentile | 118 of 480 in Healthcare |
| Industry | 88th percentile | 2 of 17 in Diagnostic Substances |
NEOG Return on Invested Capital Range, Past 5 Years
| Minimum | 10.77% | May 2007 |
| Maximum | 13.38% | May 2011 |
| Average | 12.04% |
About Return on Invested Capital (ROIC)
ROIC is an acronym for "Return on Invested Capital", and it is a concept that doesn't have a fixed definition. In YCharts, it is the net income that a company earned as a percentage of all of the capital given to a company by shareholders and debt holders. It is a ratio that tries to answer the question: "If I gave $1 to this company, how much money could the company earn by investing that $1?" A ROIC of 5% means that the company can return $0.05 per dollar invested.
ROIC is often considered a more reasonable estimate of managerial performance than Return on Equity (ROE) because it takes into account investments by debt holders, which should be invested to increase net income.
It is also more reasonable than Return on Assets (ROA) because it only assumes that capital which was "invested" into the company can be used to earn income.
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NEOG News
about 14 days ago by traderNC
May 14, 2:20AM Benzinga
about 17 days ago by traderNC
about 35 days ago by RecogniaEvents
about 35 days ago by RecogniaEvents
Mar 30, 5:16AM Benzinga
about 64 days ago by earningscast
about 65 days ago by RecogniaEvents
Feb 13, 5:07AM Benzinga
about 147 days ago by MarketBrief
about 148 days ago by MarketBrief
about 152 days ago by MarketBrief
about 226 days ago by ShawnRobinson
about 246 days ago by Benzinga
about 328 days ago by ShawnRobinson
about 329 days ago by howardlindzon
about 377 days ago by hothorse
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NEOG | 38.47 | -0.09 | -0.23% | 907.32M |
| NEN | 27.00 | +0.00 | +0.00% | 85.32M |
| NEM | 47.85 | -0.33 | -0.68% | 23.62B |
| NEI | 0.80 | +0.01 | +1.27% | 33.61M |
| NEE | 65.15 | -0.49 | -0.75% | 27.32B |
| NEBS | 9.78 | -0.71 | -6.77% | 63.99M |
| NEA | 15.00 | -0.02 | -0.13% | |
| NE | 32.61 | -1.54 | -4.51% | 8.612B |
| MSB | 24.80 | -0.46 | -1.82% | 331.41M |
| MS | 13.10 | -0.54 | -3.96% | 26.99B |
