Stocktoria

Organon & Co. OGN

NYSE · stock · Pharmaceutical Preparations · website · IPO 2021-05-14 · LEI

Organon & Co. statistics & valuation

Market cap$3.5B
P / E19.0×
P / S0.6×
P / B4.7×
P / FCF6.6×
Dividend yield2.48%
Net margin3.0%
Return on equity24.9%
FCF margin8.7%
Net debt$8.1B
Enterprise value USD$11.6B
Graham number -50%$6.84

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($6.84); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
33.10% 21.40% 14.90% 16.30% 13.50% 3.00% 202020212022202320242025
Gross margin (%)
62.80% 59.80% 58.00% 53.30% 202020212022202320242025
Operating margin (%)
202020212022202320242025
Return on equity (%)
39.40% 183.10% 24.90% 202020212022202320242025
Shares outstanding
253.5M 254.2M 255.2M 256.3M 259.2M 260.8M 202020212022202320242025
Net debt ($)
-$12.0M $8.40B $8.21B $8.07B $8.21B $8.07B 202020212022202320242025
Share buybacks ($)
202020212022202320242025
Return on assets (%)
21.40% 12.60% 8.40% 8.50% 6.60% 1.50% 202020212022202320242025
Free cash flow margin (%)
31.10% 31.20% 10.70% 8.70% 11.90% 8.70% 202020212022202320242025
Debt / equity (×)
0.00× 18.81× 11.49× 202020212022202320242025
EPS ($)
$8.52 $5.31 $3.59 $3.99 $3.33 $0.72 202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Organon & Co. trades at about 19× earnings — above its 10-year norm (10-year range 4.2×–11.9×, median 6×).

4.2× 19×

Shaded band = 10-year range (4.2×–11.9×); dot = today's 19×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020
Gross margin53.3%58.0%59.8%62.8%——
Net margin3.0%13.5%16.3%14.9%21.4%33.1%
FCF margin8.7%11.9%8.7%10.7%31.2%31.1%
Return on assets1.5%6.6%8.5%8.4%12.6%21.4%
Return on equity24.9%183.1%-1461.4%-102.8%-89.6%39.4%
Debt / equity11.49×18.81×-125.14×-9.99×-6.06×0.00×
Current ratio1.821.601.541.561.451.33

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.