The Filing Desk

Haemonetics vs Neogen

Haemonetics HAE · Neogen NEOG · Health Care Supplies

Haemonetics reported revenue of $1.3 billion in fiscal 2026, 1.5 times Neogen's $870 million in fiscal 2026. Haemonetics' revenue fell 2.0% in its latest year, and Neogen's fell 2.7%. Haemonetics had an operating margin of 11.8%, against -2.5% at Neogen. Free cash flow was $260 million at Haemonetics and $32 million at Neogen. Their fiscal years end in different months (March 28 and May 31), so the periods don't line up exactly.

Side by side

HaemoneticsNeogen
Latest fiscal yearFY2026, Mar 28, 2026FY2026, May 31, 2026
Revenue$1.3B$870M
Revenue growth−2.0%−2.7%
Revenue growth a year, last 5 years8.9%13.2%
Gross margin59.0%46.9%
Operating margin11.8%−2.5%
Net margin7.3%−0.9%
Free cash flow$260M$32M
Free cash flow margin19.5%3.7%
Return on capital6.7%−0.6%
Net debt to EBITDA3.7x6.4x
Dividends and buybacks$175M$0M
Change in diluted share count−6.7%0.3%
Last close$119.93$11.76
P/E at the last close53.1×—
Insider trades, last 12 monthsbought $98,784, sold $0bought $6,386, sold $114,676
Piotroski F-score7 of 95 of 9
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
HaemoneticsNeogen
Operating margin
Percent of revenue
HaemoneticsNeogen
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
HaemoneticsNeogen

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Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Haemonetics and Neogen pages.