Organon & Co (OGN)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 807,000 | 673,000 | 1,122,000 | 1,529,000 | 2,680,000 |
| Revenue | US$ in thousands | 6,403,000 | 6,263,000 | 6,174,000 | 6,304,000 | 8,096,000 |
| Pretax margin | 12.60% | 10.75% | 18.17% | 24.25% | 33.10% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $807,000K ÷ $6,403,000K
= 12.60%
Organon & Co's pretax margin has shown a declining trend over the years, starting at 33.10% on December 31, 2020, and decreasing to 24.25% by December 31, 2021. This downward trend continued in subsequent years, with the pretax margin further dropping to 18.17% by December 31, 2022, 10.75% by December 31, 2023, and a slight increase to 12.60% by December 31, 2024.
The declining pretax margin could indicate challenges in controlling costs relative to revenues over the years, impacting the company's profitability before accounting for taxes. Organon & Co may need to review its cost structures, pricing strategies, or revenue streams to improve its profitability ratios in the future.
Peer comparison
Dec 31, 2024