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Side-by-side financial comparison of Brighthouse Financial, Inc. (BHF) and Organon & Co. (OGN). Click either name above to swap in a different company.

Brighthouse Financial, Inc. is the larger business by last-quarter revenue ($1.7B vs $1.5B, roughly 1.1× Organon & Co.). Brighthouse Financial, Inc. runs the higher net margin — 8.1% vs -13.6%, a 21.7% gap on every dollar of revenue. On growth, Brighthouse Financial, Inc. posted the faster year-over-year revenue change (40.2% vs -5.3%). Over the past eight quarters, Brighthouse Financial, Inc.'s revenue compounded faster (9.8% CAGR vs -3.6%).

Brighthouse Financial, Inc. is an American insurance company, headquartered in Charlotte, North Carolina, that sells annuity and life insurance. As of March 2018, Brighthouse was one of the largest providers of annuities and life insurance in the United States, with $219 billion in total assets and around 2.6 million insurance policies and annuity contracts in-force . During the same year Brighthouse Financial along with 90 additional Fortune 500 companies "paid an effective federal tax rate ...

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.

BHF vs OGN — Head-to-Head

Bigger by revenue
BHF
BHF
1.1× larger
BHF
$1.7B
$1.5B
OGN
Growing faster (revenue YoY)
BHF
BHF
+45.5% gap
BHF
40.2%
-5.3%
OGN
Higher net margin
BHF
BHF
21.7% more per $
BHF
8.1%
-13.6%
OGN
Faster 2-yr revenue CAGR
BHF
BHF
Annualised
BHF
9.8%
-3.6%
OGN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BHF
BHF
OGN
OGN
Revenue
$1.7B
$1.5B
Net Profit
$137.0M
$-205.0M
Gross Margin
49.2%
Operating Margin
8.9%
-9.8%
Net Margin
8.1%
-13.6%
Revenue YoY
40.2%
-5.3%
Net Profit YoY
-79.6%
-288.1%
EPS (diluted)
$1.84
$-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.

Revenue
BHF
BHF
OGN
OGN
Q4 25
$1.7B
$1.5B
Q3 25
$1.8B
$1.6B
Q2 25
$871.0M
$1.6B
Q1 25
$2.4B
$1.5B
Q4 24
$1.2B
$1.6B
Q3 24
$2.0B
$1.6B
Q2 24
$1.4B
$1.6B
Q1 24
$1.6B
Net Profit
BHF
BHF
OGN
OGN
Q4 25
$137.0M
$-205.0M
Q3 25
$479.0M
$160.0M
Q2 25
$85.0M
$145.0M
Q1 25
$-268.0M
$87.0M
Q4 24
$671.0M
$109.0M
Q3 24
$176.0M
$359.0M
Q2 24
$34.0M
$195.0M
Q1 24
$201.0M
Gross Margin
BHF
BHF
OGN
OGN
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%
Operating Margin
BHF
BHF
OGN
OGN
Q4 25
8.9%
-9.8%
Q3 25
32.2%
15.2%
Q2 25
10.7%
14.4%
Q1 25
-14.8%
6.7%
Q4 24
69.2%
8.1%
Q3 24
9.3%
13.1%
Q2 24
1.0%
14.6%
Q1 24
14.5%
Net Margin
BHF
BHF
OGN
OGN
Q4 25
8.1%
-13.6%
Q3 25
26.4%
10.0%
Q2 25
9.8%
9.1%
Q1 25
-11.2%
5.8%
Q4 24
55.7%
6.8%
Q3 24
8.7%
22.7%
Q2 24
2.4%
12.1%
Q1 24
12.4%
EPS (diluted)
BHF
BHF
OGN
OGN
Q4 25
$1.84
$-0.78
Q3 25
$7.89
$0.61
Q2 25
$1.02
$0.56
Q1 25
$-5.04
$0.33
Q4 24
$10.27
$0.42
Q3 24
$2.47
$1.38
Q2 24
$0.12
$0.75
Q1 24
$0.78

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BHF
BHF
OGN
OGN
Cash + ST InvestmentsLiquidity on hand
$574.0M
Total DebtLower is stronger
$3.2B
$8.6B
Stockholders' EquityBook value
$6.8B
$752.0M
Total Assets
$241.8B
$12.9B
Debt / EquityLower = less leverage
0.47×
11.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHF
BHF
OGN
OGN
Q4 25
$574.0M
Q3 25
$672.0M
Q2 25
$599.0M
Q1 25
$547.0M
Q4 24
$1.9B
$675.0M
Q3 24
$1.8B
$763.0M
Q2 24
$1.4B
$704.0M
Q1 24
$575.0M
Total Debt
BHF
BHF
OGN
OGN
Q4 25
$3.2B
$8.6B
Q3 25
$3.2B
$8.8B
Q2 25
$3.2B
$8.9B
Q1 25
$3.2B
$9.0B
Q4 24
$3.2B
$8.9B
Q3 24
$3.2B
$8.7B
Q2 24
$3.2B
$8.7B
Q1 24
$8.7B
Stockholders' Equity
BHF
BHF
OGN
OGN
Q4 25
$6.8B
$752.0M
Q3 25
$6.4B
$906.0M
Q2 25
$5.7B
$733.0M
Q1 25
$5.2B
$542.0M
Q4 24
$5.0B
$472.0M
Q3 24
$5.5B
$493.0M
Q2 24
$4.1B
$144.0M
Q1 24
$48.0M
Total Assets
BHF
BHF
OGN
OGN
Q4 25
$241.8B
$12.9B
Q3 25
$244.7B
$13.6B
Q2 25
$242.6B
$13.5B
Q1 25
$234.7B
$13.2B
Q4 24
$238.5B
$13.1B
Q3 24
$245.2B
$12.8B
Q2 24
$237.4B
$12.2B
Q1 24
$11.9B
Debt / Equity
BHF
BHF
OGN
OGN
Q4 25
0.47×
11.49×
Q3 25
0.50×
9.74×
Q2 25
0.56×
12.14×
Q1 25
0.60×
16.52×
Q4 24
0.64×
18.81×
Q3 24
0.57×
17.75×
Q2 24
0.76×
60.11×
Q1 24
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
BHF
BHF
OGN
OGN
Operating Cash FlowLast quarter
$-3.0M
$141.0M
Free Cash FlowOCF − Capex
$96.0M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
-0.02×
TTM Free Cash FlowTrailing 4 quarters
$538.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHF
BHF
OGN
OGN
Q4 25
$-3.0M
$141.0M
Q3 25
$117.0M
$264.0M
Q2 25
$-1.0M
$220.0M
Q1 25
$146.0M
$75.0M
Q4 24
$-118.0M
$390.0M
Q3 24
$24.0M
$141.0M
Q2 24
$334.0M
$332.0M
Q1 24
$76.0M
Free Cash Flow
BHF
BHF
OGN
OGN
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
FCF Margin
BHF
BHF
OGN
OGN
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%
Capex Intensity
BHF
BHF
OGN
OGN
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%
Cash Conversion
BHF
BHF
OGN
OGN
Q4 25
-0.02×
Q3 25
0.24×
1.65×
Q2 25
-0.01×
1.52×
Q1 25
0.86×
Q4 24
-0.18×
3.58×
Q3 24
0.14×
0.39×
Q2 24
9.82×
1.70×
Q1 24
0.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BHF
BHF

Annuities$926.0M55%
Runoff$319.0M19%
Life$298.0M18%
Other$78.0M5%
Distribution Service$66.0M4%
Accident And Health Insurance Segment$2.0M0%

OGN
OGN

Segment breakdown not available.

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