Organon & Co (OGN)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 3,715,000 | 3,748,000 | 3,880,000 | 3,922,000 | 4,749,000 |
| Revenue | US$ in thousands | 6,403,000 | 6,263,000 | 6,174,000 | 6,304,000 | 8,096,000 |
| Gross profit margin | 58.02% | 59.84% | 62.84% | 62.21% | 58.66% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $3,715,000K ÷ $6,403,000K
= 58.02%
The gross profit margin of Organon & Co has shown a generally positive trend over the years. Starting at 58.66% in December 2020, it improved steadily to reach 62.21% by December 2021, further increasing to 62.84% by December 2022. However, there was a slight decline to 59.84% by December 2023, followed by a decrease to 58.02% by December 2024. Overall, the company's gross profit margin indicates strong operational efficiency in managing production costs and generating revenue from its core business activities, but there may be fluctuations in the company's cost structure impacting profitability in certain periods.
Peer comparison
Dec 31, 2024