Organon & Co (OGN)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,715,000 | 3,734,000 | 3,718,000 | 3,747,000 | 3,748,000 | 3,724,000 | 3,803,000 | 3,832,000 | 3,880,000 | 3,994,000 | 3,999,000 | 4,014,000 | 3,923,000 | 4,281,000 | 4,368,000 | 4,422,000 | 4,749,000 |
| Revenue (ttm) | US$ in thousands | 6,403,000 | 6,409,000 | 6,346,000 | 6,347,000 | 6,263,000 | 6,150,000 | 6,168,000 | 6,145,000 | 6,174,000 | 6,293,000 | 6,356,000 | 6,366,000 | 6,305,000 | 7,878,000 | 7,891,000 | 7,822,000 | 8,096,000 |
| Gross profit margin | 58.02% | 58.26% | 58.59% | 59.04% | 59.84% | 60.55% | 61.66% | 62.36% | 62.84% | 63.47% | 62.92% | 63.05% | 62.22% | 54.34% | 55.35% | 56.53% | 58.66% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,715,000K ÷ $6,403,000K
= 58.02%
The gross profit margin of Organon & Co has shown fluctuations over the reporting periods as per the provided data. Starting at 58.66% in December 2020, the margin decreased to 54.34% by September 2021. However, there was a significant recovery in profitability, with the margin reaching 63.05% in March 2022. Subsequently, the margin remained relatively stable between 62-63% until March 2024.
Overall, the trend indicates that Organon & Co has been able to maintain a healthy gross profit margin above 50% over the analyzed periods. The peak at 63.47% in September 2022 suggests efficient cost management and pricing strategies. However, the slight decline towards the end of 2024 to 58.02% should be monitored to ensure sustained profitability and operational efficiency in the future.
Peer comparison
Dec 31, 2024