NeoGenomics, Inc.
$2.42B- Market cap
- $2.23B
- Debt
- +$341.86M
- Cash
- −$159.62M
Capital structure 87% equity / 13% debt · EV / Revenue 3.32x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: NEO stock price at premium vs LHX $17.38 current versus $12.68 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at LHX's multiple
Implied fair value · at NEO's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: NEO FY 2025 (ended Dec 31, 2025) · LHX FY 2025 (ended Jan 3, 2025). Fiscal years are not aligned.
Trendline
12 fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 87% equity / 13% debt · EV / Revenue 3.32x
Capital structure 80% equity / 20% debt · EV / Revenue 2.75x · EV / EBITDA 18.98x
LHX carries the larger enterprise value at $58.74B against $2.42B; LHX trades on the lower EV / Revenue multiple (2.75x vs 3.32x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
NeoGenomics, Inc. · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
L3HARRIS TECHNOLOGIES, INC. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.41x
0.59x
Net debt / EBITDA
Leverage against operating earnings
-4.48x
3.55x
Cash and equivalents
Liquid reserves on the balance sheet
$159.62M
$615.00M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
LABCORP HOLDINGS INC.
NEO vs LH
QUEST DIAGNOSTICS INC
NEO vs DGX
OPKO HEALTH, INC.
NEO vs OPK
Guardant Health, Inc.
NEO vs GH
Natera, Inc.
NEO vs NTRA
EXACT SCIENCES CORP
NEO vs EXAS
LOCKHEED MARTIN CORP
NEO vs LMT
NORTHROP GRUMMAN CORP /DE/
NEO vs NOC
BOEING CO
NEO vs BA
RTX Corp
NEO vs RTX
GENERAL DYNAMICS CORP
NEO vs GD
HEICO CORP
NEO vs HEI
$341.86M
$11.60B
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.