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Side-by-side financial comparison of APA Corporation (APA) and Organon & Co. (OGN). Click either name above to swap in a different company.
APA Corporation is the larger business by last-quarter revenue ($2.2B vs $1.5B, roughly 1.5× Organon & Co.). APA Corporation runs the higher net margin — 15.0% vs -13.6%, a 28.6% gap on every dollar of revenue. On growth, Organon & Co. posted the faster year-over-year revenue change (-5.3% vs -24.3%). Over the past eight quarters, APA Corporation's revenue compounded faster (1.4% CAGR vs -3.6%).
APA Corporation, a holding company for Apache Corporation, an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston.
Organon & Co. is an American pharmaceutical company headquartered in Jersey City, New Jersey. Organon specializes in the following core therapeutic fields: reproductive medicine, contraception, psychiatry, hormone replacement therapy (HRT), and anesthesia. Organon produces all its products outside of the United States but receives a third of its revenue from the United States.
APA vs OGN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.2B | $1.5B |
| Net Profit | $331.0M | $-205.0M |
| Gross Margin | — | 49.2% |
| Operating Margin | 32.5% | -9.8% |
| Net Margin | 15.0% | -13.6% |
| Revenue YoY | -24.3% | -5.3% |
| Net Profit YoY | -22.1% | -288.1% |
| EPS (diluted) | $0.79 | $-0.78 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.2B | $1.5B | ||
| Q3 25 | $2.3B | $1.6B | ||
| Q2 25 | $2.3B | $1.6B | ||
| Q1 25 | $2.7B | $1.5B | ||
| Q4 24 | $2.9B | $1.6B | ||
| Q3 24 | $2.7B | $1.6B | ||
| Q2 24 | $2.8B | $1.6B | ||
| Q1 24 | $2.1B | $1.6B |
| Q4 25 | $331.0M | $-205.0M | ||
| Q3 25 | $205.0M | $160.0M | ||
| Q2 25 | $603.0M | $145.0M | ||
| Q1 25 | $418.0M | $87.0M | ||
| Q4 24 | $425.0M | $109.0M | ||
| Q3 24 | $-223.0M | $359.0M | ||
| Q2 24 | $541.0M | $195.0M | ||
| Q1 24 | $212.0M | $201.0M |
| Q4 25 | — | 49.2% | ||
| Q3 25 | — | 53.5% | ||
| Q2 25 | — | 54.8% | ||
| Q1 25 | — | 55.6% | ||
| Q4 24 | — | 56.3% | ||
| Q3 24 | — | 58.3% | ||
| Q2 24 | — | 58.4% | ||
| Q1 24 | — | 59.0% |
| Q4 25 | 32.5% | -9.8% | ||
| Q3 25 | 33.7% | 15.2% | ||
| Q2 25 | 31.8% | 14.4% | ||
| Q1 25 | 31.9% | 6.7% | ||
| Q4 24 | 31.4% | 8.1% | ||
| Q3 24 | -5.2% | 13.1% | ||
| Q2 24 | 34.4% | 14.6% | ||
| Q1 24 | 32.2% | 14.5% |
| Q4 25 | 15.0% | -13.6% | ||
| Q3 25 | 9.0% | 10.0% | ||
| Q2 25 | 26.0% | 9.1% | ||
| Q1 25 | 15.4% | 5.8% | ||
| Q4 24 | 14.6% | 6.8% | ||
| Q3 24 | -8.1% | 22.7% | ||
| Q2 24 | 19.0% | 12.1% | ||
| Q1 24 | 9.9% | 12.4% |
| Q4 25 | $0.79 | $-0.78 | ||
| Q3 25 | $0.57 | $0.61 | ||
| Q2 25 | $1.67 | $0.56 | ||
| Q1 25 | $0.96 | $0.33 | ||
| Q4 24 | $0.97 | $0.42 | ||
| Q3 24 | $-0.60 | $1.38 | ||
| Q2 24 | $1.46 | $0.75 | ||
| Q1 24 | $0.44 | $0.78 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $516.0M | $574.0M |
| Total DebtLower is stronger | $4.3B | $8.6B |
| Stockholders' EquityBook value | $6.1B | $752.0M |
| Total Assets | $17.8B | $12.9B |
| Debt / EquityLower = less leverage | 0.70× | 11.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $516.0M | $574.0M | ||
| Q3 25 | $475.0M | $672.0M | ||
| Q2 25 | $107.0M | $599.0M | ||
| Q1 25 | $67.0M | $547.0M | ||
| Q4 24 | $625.0M | $675.0M | ||
| Q3 24 | $64.0M | $763.0M | ||
| Q2 24 | $160.0M | $704.0M | ||
| Q1 24 | $102.0M | $575.0M |
| Q4 25 | $4.3B | $8.6B | ||
| Q3 25 | $4.3B | $8.8B | ||
| Q2 25 | $4.3B | $8.9B | ||
| Q1 25 | $5.2B | $9.0B | ||
| Q4 24 | $6.0B | $8.9B | ||
| Q3 24 | $6.4B | $8.7B | ||
| Q2 24 | $6.7B | $8.7B | ||
| Q1 24 | $5.2B | $8.7B |
| Q4 25 | $6.1B | $752.0M | ||
| Q3 25 | $6.0B | $906.0M | ||
| Q2 25 | $5.9B | $733.0M | ||
| Q1 25 | $5.4B | $542.0M | ||
| Q4 24 | $5.3B | $472.0M | ||
| Q3 24 | $5.1B | $493.0M | ||
| Q2 24 | $5.4B | $144.0M | ||
| Q1 24 | $2.6B | $48.0M |
| Q4 25 | $17.8B | $12.9B | ||
| Q3 25 | $17.7B | $13.6B | ||
| Q2 25 | $18.1B | $13.5B | ||
| Q1 25 | $18.5B | $13.2B | ||
| Q4 24 | $19.4B | $13.1B | ||
| Q3 24 | $19.4B | $12.8B | ||
| Q2 24 | $20.2B | $12.2B | ||
| Q1 24 | $15.0B | $11.9B |
| Q4 25 | 0.70× | 11.49× | ||
| Q3 25 | 0.72× | 9.74× | ||
| Q2 25 | 0.73× | 12.14× | ||
| Q1 25 | 0.96× | 16.52× | ||
| Q4 24 | 1.13× | 18.81× | ||
| Q3 24 | 1.25× | 17.75× | ||
| Q2 24 | 1.24× | 60.11× | ||
| Q1 24 | 1.99× | 181.54× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $808.0M | $141.0M |
| Free Cash FlowOCF − Capex | — | $96.0M |
| FCF MarginFCF / Revenue | — | 6.4% |
| Capex IntensityCapex / Revenue | — | 3.0% |
| Cash ConversionOCF / Net Profit | 2.44× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $538.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $808.0M | $141.0M | ||
| Q3 25 | $1.5B | $264.0M | ||
| Q2 25 | $1.2B | $220.0M | ||
| Q1 25 | $1.1B | $75.0M | ||
| Q4 24 | $1.0B | $390.0M | ||
| Q3 24 | $1.3B | $141.0M | ||
| Q2 24 | $877.0M | $332.0M | ||
| Q1 24 | $368.0M | $76.0M |
| Q4 25 | — | $96.0M | ||
| Q3 25 | — | $218.0M | ||
| Q2 25 | — | $181.0M | ||
| Q1 25 | — | $43.0M | ||
| Q4 24 | — | $335.0M | ||
| Q3 24 | — | $99.0M | ||
| Q2 24 | — | $300.0M | ||
| Q1 24 | — | $30.0M |
| Q4 25 | — | 6.4% | ||
| Q3 25 | — | 13.6% | ||
| Q2 25 | — | 11.4% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 21.0% | ||
| Q3 24 | — | 6.3% | ||
| Q2 24 | — | 18.7% | ||
| Q1 24 | — | 1.8% |
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 3.5% | ||
| Q3 24 | — | 2.7% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 2.8% |
| Q4 25 | 2.44× | — | ||
| Q3 25 | 7.12× | 1.65× | ||
| Q2 25 | 1.96× | 1.52× | ||
| Q1 25 | 2.62× | 0.86× | ||
| Q4 24 | 2.44× | 3.58× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | 1.62× | 1.70× | ||
| Q1 24 | 1.74× | 0.38× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APA
| Oil And Gas Excluding Purchased | $1.7B | 76% |
| Oil And Gas Purchased | $323.0M | 15% |
| Oil Reserves | $114.0M | 5% |
| Other | $72.0M | 3% |
| Natural Gas Reserves | $30.0M | 1% |
OGN
Segment breakdown not available.
