SequelSEC

Organon & Co. OGN

Pharmaceutical Preparations · CIK 0001821825 · Fiscal year ends 1231

Revenue
$6.10B
Fiscal year ended 2026-09-30
Operating income
Unavailable
Fiscal year ended 2026-09-30
Free cash flow
$675.00M
Fiscal year ended 2026-09-30

Valuation, from the filing

Public float$2.50BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$9.60Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income13.4×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue0.4×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity3.3×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

13.4× earnings today, against a median of 6.1× across 5 years on record. Above its own history.

Float measuredPublic floatFloat / net income
2025-06-30$2.50B13.4×
2024-06-30$5.30B6.1×
2023-06-30$5.30B5.2×
2022-06-30$8.60B9.4×
2021-06-30$7.67B5.7×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Pharmaceutical Preparations filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Long-term debt / equity11.47x97th
SBC / revenue1.2%6th
Effective tax rate56.0%94th
Net margin3.0%79th
FCF margin8.7%78th
Current ratio1.82x26th
Gross margin53.3%30th
Revenue YoY growth-2.9%39th
CapEx / revenue2.6%56th

Organon & Co. (OGN) reported revenue of $6.10B and net income of $213.00M for the fiscal year ended 2026-09-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from Organon & Co.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Pharmaceutical Preparations.

Income

Organon & Co. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Revenue$6.10B
Cost of revenue$2.86B
Gross profit$3.24B
Operating incomeUnavailable
Net income$213.00M
Research & developmentUnavailable
Weighted-average diluted sharesUnavailable
Pretax income$503.00M
Income tax expense$290.00M
Diluted EPSUnavailable
Selling, general & administrative$1.71B
General & administrativeUnavailable
Selling & marketingUnavailable

Balance

Organon & Co. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Cash & equivalents$1.46B
Total assets$13.40B
Current assets$5.37B
Total liabilities$12.21B
Current liabilities$2.65B
Total equity incl. NCI$1.19B
Temporary (mezzanine) equityUnavailable
Inventory$1.36B
Accounts receivable$1.48B
Goodwill$4.15B
Long-term debt$8.48B
Accounts payable$982.00M

Cash flow

Organon & Co. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Operating cash flow$843.00M
Capital expenditures$168.00M
Investing cash flow$201.00M
Financing cash flow-$242.00M
Net change in cash$783.00M
Stock-based compensation$72.00M
Common dividends paid$20.00M
Common share repurchasesUnavailable
Depreciation & amortizationUnavailable

Derived

Organon & Co. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Free cash flow$675.00M
Gross margin53.1%
Operating marginUnavailable
FCF margin11.1%
SBC / revenue1.2%
Current ratio2.02x
Revenue YoY growth-3.2%
Net margin3.5%
R&D / revenueUnavailable
CapEx / revenue2.8%
Long-term debt / equity7.11x
Effective tax rate57.7%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open OGN in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-10-30View SEC filing
10-Q · Filed 2026-07-31View SEC filing
10-Q · Filed 2026-05-04View SEC filing
10-K · Filed 2026-02-24View SEC filing
10-K/A · Filed 2025-11-10View SEC filing
10-Q · Filed 2025-11-10View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.