Organon & Co. (OGN)

Organon & Co. develops and delivers women health solutions through prescription therapies and medical devices in the United States, Europe, Canada, Japan, rest of the Asia Pacific, China, Latin America, the Middle East, Russia, Africa, and internationally. The company's women's health portfolio comprises contraception and fertility brands, such as Nexplanon, a long-acting reversible contraceptive; NuvaRing, a monthly vaginal contraceptive ring; Cerazette, Marvelon, and Mercilon to prevent pregnancy; Follistim AQ, which is used to promote development of ovarian follicles; Elonva, a follicle stimulant; Ganirelix acetate injection, an injectable antagonist; Jada for abnormal postpartum uterine bleeding and hemorrhage; and Xaciato for bacterial vaginosis. Its biosimilars portfolio consists of immunology products, such as Brenzys, Renflexis, and Hadlima; oncology products, including Ontruzant and Aybintio; Bildyos and Bilprevda, a recombinant anti-RANKL human monoclonal antibodies; and Poherdy, a neu receptor antagonist. The company also offers cholesterol-modifying medicines under the Zetia, Ezetrol, Vytorin, Inegy, Atozet, Rosuzet, and Zocor brands; Cozaar and Hyzaar for hypertension; respiratory products to control and prevent asthma symptoms under the Singulair, Dulera, Zenhale, and Asmanex brands, as well as seasonal allergic rhinitis under the Nasonex, Clarinex, and Aerius brands. In addition, it provides dermatology products under the Vtama, Diprosone, and Elocon brand; bone health products under the Fosamax brand; and non-opioid pain management products under the Arcoxia, Diprospan, and Celestone brands, as well as Proscar for symptomatic benign prostatic hyperplasia; and Propecia for male pattern hair loss. The company serves drug wholesalers and retailers, hospitals, clinics, government agencies, health maintenance organizations, pharmacy benefit managers, and other institutions. Organon & Co. was founded in 1923 and is headquartered in Jersey City, New Jersey.

Symbol
OGN
Exchange
NYSE
Sector
Healthcare
Industry
Drug Manufacturers - General
Market cap
$3.60B
52 week range
5.69 - 13.78

Valuation

Share price
$13.73 (close of 2026-09-23)
P/E (TTM)
17.34x
Price to book
3.58x
Price to free cash flow
6.35x
Enterprise value
$11.02B
Book value per share
$3.83

Price performance

PeriodChange
1 day+0.37%
5 days+0.51%
1 month-0.15%
3 months+2.08%
6 months+125.45%
Year to date+91.49%
1 year+30.27%
3 years-24.81%
5 years-58.87%
All time-58.71%

Profitability and growth

Return on equity
24.87%
Return on assets
1.45%
Gross margin
53.30%
Net margin
3.01%
EBITDA margin
17.45%
Revenue growth
-2.92%
Net income growth
-78.36%
Free cash flow growth
-29.58%

Cash flow and balance sheet

Free cash flow yield (TTM)
15.76%
Current ratio
1.95x
Net debt to EBITDA
5.65x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$6.22B
Cost of revenue
$2.90B
Gross profit
$3.31B
EBITDA
$1.08B
Net income
$187.00M
Earnings per share
$0.72
Interest expense
$504.00M
Shares outstanding
259.50M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$6.22B$3.31B$187.00M$0.72
2024-12-31$6.40B$3.71B$864.00M$3.36
2023-12-31$6.26B$3.75B$1.02B$4.01
2022-12-31$6.17B$3.88B$917.00M$3.61
2021-12-31$6.30B$3.92B$1.35B$5.33
2020-12-31$6.53B$4.41B$2.16B$8.52
2019-12-31$7.78B$5.50B$3.22B$12.69

Margins and returns by year

Period endGross marginNet marginReturn on equity
2025-12-3153.30%3.01%24.87%
2024-12-3158.02%13.49%183.05%
2023-12-3159.84%16.33%-1461.43%
2022-12-3162.84%14.85%-102.80%
2021-12-3162.21%21.43%-89.59%
2020-12-3167.56%33.07%39.37%
2019-12-3170.76%41.38%45.74%

Cash and debt by year

Period endCashDebt
2025-12-31$574.00M$8.63B
2024-12-31$675.00M$8.86B
2023-12-31$693.00M$8.75B
2022-12-31$706.00M$8.90B
2021-12-31$737.00M$9.13B
2020-12-31$12.00M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$538.00M$77.00M
2024-12-31$764.00M$105.00M
2023-12-31$548.00M$101.00M
2022-12-31$662.00M$75.00M
2021-12-31$1.97B$59.00M
2020-12-31$2.03B$40.00M
2019-12-31$2.93B$41.00M

Dividend history

Most recent payment
2026-08-14
Paid in the last twelve months
$0.08
Payment dateDividend per share
2026-08-14$0.02
2026-05-11$0.02
2026-02-23$0.02
2025-11-20$0.02
2025-08-15$0.02
2025-05-12$0.02
2025-02-24$0.28
2024-11-12$0.28

Investor relations

Next earnings report

Next confirmed report
2026-11-09
Consensus EPS estimate
$0.95

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-31Jun/2026$0.85
2026-04-30--
2026-02-12--
2025-11-10--
2025-08-05--
2025-05-01--
2025-02-13--
2024-10-31--

Filings and sources

Company website
organon.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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