Organon & Co (OGN)
Net profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,023,000 | 585,000 | 754,000 | 746,000 | 917,000 | 1,011,000 | 1,107,000 | 1,300,000 | 1,351,000 |
| Revenue (ttm) | US$ in thousands | 6,263,000 | 6,150,000 | 6,168,000 | 6,145,000 | 6,174,000 | 6,292,000 | 6,355,000 | 6,365,000 | 6,304,000 |
| Net profit margin | 16.33% | 9.51% | 12.22% | 12.14% | 14.85% | 16.07% | 17.42% | 20.42% | 21.43% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,023,000K ÷ $6,263,000K
= 16.33%
Organon & Co.'s net profit margin has shown some fluctuations over the past eight quarters. In Q4 2023, the net profit margin was 16.33%, marking a noticeable increase from the previous quarter (Q3 2023) where it stood at 9.51%. This significant improvement indicates that the company was able to generate a higher percentage of profit relative to its total revenue in the most recent quarter.
Looking at the trend over the past two years, Organon & Co.'s net profit margin has experienced varying levels. The highest net profit margin was observed in Q1 2022 at 20.42%, while the lowest was in Q3 2022 at 16.07%. Despite the fluctuations, the company has generally maintained a double-digit net profit margin, which signifies its ability to efficiently manage costs and maximize profitability.
It is important for Organon & Co. to sustain its net profit margin at a healthy level to ensure long-term financial sustainability and growth. By monitoring and analyzing these trends, the company can make informed decisions to optimize its operations and financial performance.
Peer comparison
Dec 31, 2023