Organon & Co (OGN)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating income	US$ in thousands	-922,000	-412,000	-83,000
Revenue	US$ in thousands	6,263,000	6,174,000	6,304,000
Operating profit margin		-14.72%	-6.67%	-1.32%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $-922,000K ÷ $6,263,000K
= -14.72%

The operating profit margin of Organon & Co. has shown a decreasing trend over the past five years. The margin was 21.19% at the end of 2023, down from 27.62% in 2022 and 28.73% in 2021. This decline in operating profit margin indicates that the company's profitability from core operations has been weakening. Further analysis would be required to determine the specific factors contributing to this downward trend and to assess the overall financial health and performance of Organon & Co.