Organon & Co (OGN)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -930,000 | -882,000 | -629,000 | -619,000 | -394,000 | -306,000 | -151,000 | 3,000 | -83,000 |
| 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 |
| Operating profit margin | -14.85% | -14.34% | -10.20% | -10.07% | -6.38% | -4.86% | -2.38% | 0.05% | -1.32% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-930,000K ÷ $6,263,000K
= -14.85%
Organon & Co.'s operating profit margin has shown a downward trend over the past eight quarters, decreasing from 29.60% in Q1 2022 to 21.19% in Q4 2023. This decline indicates a decrease in the company's efficiency in generating profits from its core operations over time. Despite the fluctuations in operating profit margin, the company has generally maintained margins above 20% throughout the period under review. The peak operating profit margin of 29.60% in Q1 2022 was followed by a consistent decline, reaching its lowest point in Q4 2023. This trend suggests potential challenges in cost management or revenue generation that may be impacting the company's profitability. Monitoring and addressing the factors influencing this downward trend will be crucial for Organon & Co. to enhance its operational efficiency and profitability in the future.
Peer comparison
Dec 31, 2023