Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Organon &.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.40B | $6.26B | $6.17B | $6.30B | $8.10B | $7.78B | $9.78B | $10.50B |
| Cost of Revenue | $2.69B | $2.52B | $2.29B | $2.38B | $3.35B | $2.27B | $4.69B | $4.59B |
| Gross Profit | $3.71B | $3.75B | $3.88B | $3.92B | $4.75B | $5.50B | $5.08B | $5.91B |
| Gross Profit Ratio | 58.02% | 59.80% | 62.84% | 62.20% | 58.66% | 70.76% | 52.00% | 56.30% |
| Research and Development Expenses | $469.00M | $528.00M | $471.00M | $443.00M | $304.00M | $220.00M | $365.00M | $355.00M |
| General and Administrative Expenses | $- | $1.68B | $1.45B | $1.43B | $1.47B | $1.18B | $1.69B | $1.93B |
| Selling and Marketing Expenses | $- | $209.00M | $255.00M | $236.00M | $198.00M | $262.00M | $322.00M | $356.00M |
| Selling General and Administrative Expenses | $1.76B | $1.89B | $1.70B | $1.67B | $1.67B | $1.44B | $2.01B | $2.29B |
| Other Expenses | $- | $- | $-15.00M | $-279.00M | $-29.00M | $7.00M | $142.00M | $- |
| Operating Expenses | $2.23B | $2.42B | $2.17B | $2.11B | $1.97B | $1.66B | $2.38B | $2.64B |
| Cost and Expenses | $4.92B | $4.94B | $4.47B | $4.49B | $5.32B | $3.94B | $7.07B | $7.23B |
| Interest Income | $- | $- | $422.00M | $258.00M | $- | $19.00M | $- | $11.00M |
| Interest Expense | $520.00M | $527.00M | $422.00M | $258.00M | $6.00M | $6.00M | $- | $- |
| Depreciation and Amortization | $277.00M | $236.00M | $212.00M | $195.00M | $142.00M | $354.00M | $1.67B | $1.97B |
| EBITDA | $1.60B | $1.44B | $1.69B | $1.81B | $2.99B | $4.18B | $4.38B | $5.08B |
| EBITDA Ratio | 25.05% | 22.93% | 27.37% | 28.78% | 37.13% | 53.75% | 46.01% | 49.95% |
| Operating Income | $1.49B | $1.33B | $1.48B | $1.62B | $2.85B | $3.85B | $2.71B | $3.27B |
| Operating Income Ratio | 23.21% | 21.19% | 23.94% | 25.68% | 35.19% | 49.47% | 27.68% | 31.16% |
| Total Other Income Expenses Net | $-679.00M | $-654.00M | $-583.00M | $-386.00M | $-95.00M | $-144.00M | $23.00M | $-173.00M |
| Income Before Tax | $807.00M | $673.00M | $1.12B | $1.53B | $2.68B | $3.70B | $2.73B | $3.10B |
| Income Before Tax Ratio | 12.60% | 10.75% | 18.17% | 24.25% | 33.10% | 47.52% | 27.91% | 29.51% |
| Income Tax Expense | $-57.00M | $-350.00M | $205.00M | $178.00M | $520.00M | $390.00M | $576.00M | $1.30B |
| Net Income | $864.00M | $1.02B | $917.00M | $1.35B | $2.16B | $3.22B | $2.15B | $1.80B |
| Net Income Ratio | 13.49% | 16.33% | 14.85% | 21.43% | 26.68% | 41.38% | 22.02% | 17.15% |
| EPS | $3.36 | $4.01 | $3.61 | $5.33 | $8.52 | $12.71 | $8.51 | $7.11 |
| EPS Diluted | $3.33 | $3.99 | $3.59 | $5.33 | $8.52 | $12.71 | $8.51 | $7.11 |
| Weighted Average Shares Outstanding | 257.05M | 255.24M | 254.08M | 253.55M | 253.52M | 253.13M | 253.13M | 253.13M |
| Weighted Average Shares Outstanding Diluted | 259.15M | 256.27M | 255.17M | 253.55M | 253.52M | 253.13M | 253.13M | 253.13M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $675.00M | $693.00M | $706.00M | $737.00M | $500.00M | $319.00M | $244.00M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $675.00M | $693.00M | $706.00M | $737.00M | $500.00M | $319.00M | $244.00M |
| Net Receivables | $1.36B | $1.74B | $1.48B | $1.38B | $1.09B | $1.56B | $1.59B |
| Inventory | $1.32B | $1.31B | $1.00B | $915.00M | $913.00M | $1.07B | $994.00M |
| Other Current Assets | $994.00M | $756.00M | $747.00M | $726.00M | $1.55B | $1.00B | $883.00M |
| Total Current Assets | $4.35B | $4.51B | $3.93B | $3.76B | $3.43B | $3.96B | $3.71B |
| Property Plant Equipment Net | $1.17B | $1.18B | $1.02B | $973.00M | $984.00M | $680.00M | $651.00M |
| Goodwill | $4.68B | $4.60B | $4.60B | $4.60B | $4.60B | $4.60B | $4.60B |
| Intangible Assets | $1.41B | $533.00M | $649.00M | $651.00M | $503.00M | $569.00M | $812.00M |
| Goodwill and Intangible Assets | $6.09B | $5.14B | $5.25B | $5.25B | $5.11B | $5.17B | $5.42B |
| Long Term Investments | $- | $- | $- | $-4.00M | $- | $- | $- |
| Tax Assets | $- | $- | $19.00M | $4.00M | $- | $- | $- |
| Other Non-Current Assets | $1.49B | $1.23B | $735.00M | $694.00M | $910.00M | $741.00M | $714.00M |
| Total Non-Current Assets | $8.75B | $7.55B | $7.02B | $6.92B | $7.00B | $6.59B | $6.78B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $13.10B | $12.06B | $10.96B | $10.68B | $10.43B | $10.55B | $10.49B |
| Account Payables | $1.15B | $1.31B | $1.13B | $1.38B | $259.00M | $258.00M | $289.00M |
| Short Term Debt | $20.00M | $9.00M | $8.00M | $9.00M | $16.00M | $34.00M | $-207.00M |
| Tax Payables | $134.00M | $206.00M | $184.00M | $185.00M | $109.00M | $242.00M | $322.00M |
| Deferred Revenue | $- | $- | $19.00M | $- | $-8.00M | $- | $322.00M |
| Other Current Liabilities | $1.41B | $1.39B | $1.19B | $1.02B | $2.29B | $807.00M | $497.00M |
| Total Current Liabilities | $2.72B | $2.92B | $2.51B | $2.60B | $1.20B | $1.34B | $1.54B |
| Long Term Debt | $8.86B | $8.88B | $9.05B | $9.31B | $46.00M | $70.00M | $34.00M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $-23.00M | $- | $- |
| Deferred Tax Liabilities Non-Current | $74.00M | $47.00M | $19.00M | $4.00M | $121.00M | $139.00M | $149.00M |
| Other Non-Current Liabilities | $977.00M | $287.00M | $261.00M | $279.00M | $1.90B | $1.96B | $2.57B |
| Total Non-Current Liabilities | $9.91B | $9.21B | $9.34B | $9.59B | $10.05B | $2.17B | $2.60B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $12.63B | $12.13B | $11.85B | $12.19B | $11.25B | $3.51B | $4.15B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $7.95B | $7.26B |
| Retained Earnings | $1.01B | $443.00M | $-331.00M | $-998.00M | $-219.00M | $- | $- |
| Accumulated Other Comprehensive Income Loss | $-649.00M | $-541.00M | $-564.00M | $-513.00M | $-604.00M | $-914.00M | $-908.00M |
| Other Total Stockholders Equity | $108.00M | $25.00M | $- | $- | $- | $- | $- |
| Total Stockholders Equity | $472.00M | $-70.00M | $-892.00M | $-1.51B | $-820.00M | $7.04B | $6.35B |
| Total Equity | $472.00M | $-70.00M | $-892.00M | $-1.51B | $-820.00M | $7.04B | $6.35B |
| Total Liabilities and Stockholders Equity | $13.10B | $12.06B | $10.96B | $10.68B | $10.43B | $10.55B | $10.49B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $13.10B | $12.06B | $10.96B | $10.68B | $10.43B | $10.55B | $10.49B |
| Total Investments | $- | $-47.00M | $- | $-4.00M | $- | $- | $- |
| Total Debt | $8.88B | $8.76B | $8.91B | $9.13B | $31.00M | $104.00M | $149.00M |
| Net Debt | $8.21B | $8.07B | $8.21B | $8.40B | $-469.00M | $-215.00M | $-95.00M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $864.00M | $1.02B | $917.00M | $1.35B | $2.16B | $3.31B | $2.15B | $1.80B |
| Depreciation and Amortization | $132.00M | $236.00M | $212.00M | $195.00M | $157.00M | $333.00M | $1.67B | $1.97B |
| Deferred Income Tax | $-160.00M | $-485.00M | $-18.00M | $-288.00M | $6.00M | $12.00M | $37.00M | $-1.04B |
| Stock Based Compensation | $105.00M | $101.00M | $75.00M | $59.00M | $40.00M | $41.00M | $56.00M | $56.00M |
| Change in Working Capital | $- | $-155.00M | $-452.00M | $702.00M | $-197.00M | $-672.00M | $-174.00M | $-1.44B |
| Accounts Receivables | $383.00M | $-212.00M | $-123.00M | $-277.00M | $159.00M | $200.00M | $250.00M | $533.00M |
| Inventory | $-131.00M | $-230.00M | $-220.00M | $-138.00M | $-29.00M | $-91.00M | $44.00M | $72.00M |
| Accounts Payables | $-157.00M | $163.00M | $-237.00M | $663.00M | $27.00M | $-35.00M | $20.00M | $-14.00M |
| Other Working Capital | $- | $124.00M | $128.00M | $454.00M | $-354.00M | $-746.00M | $-488.00M | $-2.03B |
| Other Non Cash Items | $-2.00M | $79.00M | $124.00M | $439.00M | $7.00M | $-253.00M | $-58.00M | $5.48B |
| Net Cash Provided by Operating Activities | $939.00M | $799.00M | $858.00M | $2.46B | $2.19B | $2.77B | $3.69B | $3.42B |
| Investments in Property Plant and Equipment | $-175.00M | $-259.00M | $-427.00M | $-488.00M | $-278.00M | $-92.00M | $-101.00M | $-86.00M |
| Acquisitions Net | $-166.00M | $-2.00M | $-124.00M | $-185.00M | $5.00M | $7.00M | $32.00M | $30.00M |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $-172.00M | $1.00M | $131.00M | $192.00M | $15.00M | $-17.00M | $32.00M | $30.00M |
| Net Cash Used for Investing Activities | $-513.00M | $-260.00M | $-420.00M | $-481.00M | $-258.00M | $-102.00M | $-69.00M | $-56.00M |
| Debt Repayment | $-11.00M | $-258.00M | $-108.00M | $7.85B | $1.51B | $- | $59.00M | $-4.00M |
| Common Stock Issued | $- | $- | $11.00M | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $-17.00M | $-11.00M | $- | $- | $- | $- | $- |
| Dividends Paid | $-297.00M | $-294.00M | $-290.00M | $-145.00M | $- | $- | $- | $- |
| Other Financing Activities | $-60.00M | $-17.00M | $-35.00M | $-9.03B | $-3.69B | $-2.62B | $-4.22B | $-3.37B |
| Net Cash Used Provided by Financing Activities | $-368.00M | $-569.00M | $-433.00M | $-1.33B | $-2.17B | $-2.62B | $-4.16B | $-3.37B |
| Effect of Forex Changes on Cash | $-76.00M | $17.00M | $-36.00M | $23.00M | $-3.00M | $31.00M | $19.00M | $-36.00M |
| Net Change in Cash | $-18.00M | $-13.00M | $-31.00M | $667.00M | $-249.00M | $75.00M | $-527.00M | $-45.00M |
| Cash at End of Period | $675.00M | $693.00M | $706.00M | $737.00M | $70.00M | $319.00M | $244.00M | $771.00M |
| Cash at Beginning of Period | $693.00M | $706.00M | $737.00M | $70.00M | $319.00M | $244.00M | $771.00M | $816.00M |
| Operating Cash Flow | $939.00M | $799.00M | $858.00M | $2.46B | $2.19B | $2.77B | $3.69B | $3.42B |
| Capital Expenditure | $-175.00M | $-261.00M | $-427.00M | $-488.00M | $-278.00M | $-92.00M | $-101.00M | $-86.00M |
| Free Cash Flow | $764.00M | $538.00M | $431.00M | $1.97B | $1.91B | $2.67B | $3.59B | $3.33B |