Organon & Co (OGN)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 807,000 | 782,000 | 655,000 | 674,000 | 673,000 | 680,000 | 882,000 | 915,000 | 1,122,000 | 1,247,000 | 1,354,000 | 1,504,000 | 1,529,000 | 1,746,000 | 2,038,000 | 2,303,000 | 2,680,000 |
| 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 |
| Pretax margin | 12.60% | 12.20% | 10.32% | 10.62% | 10.75% | 11.06% | 14.30% | 14.89% | 18.17% | 19.82% | 21.30% | 23.63% | 24.25% | 22.16% | 25.83% | 29.44% | 33.10% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $807,000K ÷ $6,403,000K
= 12.60%
The pretax margin of Organon & Co has exhibited a decreasing trend over the analyzed period from December 31, 2020, to December 31, 2024. The pretax margin started at a robust 33.10% in December 2020 and gradually decreased to 12.60% by the end of December 2024. This downward trend indicates that the company's profitability before taxes has been declining over time.
The fluctuations in pretax margin show some variability in profitability performance during different quarters within each year. While there are some variations, the overall trend is downward, indicating potential challenges in managing costs or generating sufficient revenue to maintain profitability levels.
It is essential for Organon & Co to closely monitor and address the factors contributing to the declining pretax margin to ensure sustainable profitability in the future. This may involve optimizing operational efficiencies, controlling expenses, or exploring opportunities for revenue growth to improve the company's financial performance.
Peer comparison
Dec 31, 2024