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Side-by-side financial comparison of TopBuild Corp (BLD) and Organon & Co. (OGN). Click either name above to swap in a different company.

Organon & Co. is the larger business by last-quarter revenue ($1.5B vs $1.5B, roughly 1.0× TopBuild Corp). TopBuild Corp runs the higher net margin — 7.0% vs -13.6%, a 20.6% gap on every dollar of revenue. On growth, TopBuild Corp posted the faster year-over-year revenue change (13.2% vs -5.3%). TopBuild Corp produced more free cash flow last quarter ($159.4M vs $96.0M). Over the past eight quarters, TopBuild Corp's revenue compounded faster (7.8% CAGR vs -3.6%).

HashiCorp, Inc. is an American software company with a freemium business model based in San Francisco, California. HashiCorp provides tools and products that enable developers, operators and security professionals to provision, secure, run and connect cloud-computing infrastructure. It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company name HashiCorp is a portmanteau of co-founder last name Hashimoto and Corporation.

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.

BLD vs OGN — Head-to-Head

Bigger by revenue
OGN
OGN
1.0× larger
OGN
$1.5B
$1.5B
BLD
Growing faster (revenue YoY)
BLD
BLD
+18.5% gap
BLD
13.2%
-5.3%
OGN
Higher net margin
BLD
BLD
20.6% more per $
BLD
7.0%
-13.6%
OGN
More free cash flow
BLD
BLD
$63.4M more FCF
BLD
$159.4M
$96.0M
OGN
Faster 2-yr revenue CAGR
BLD
BLD
Annualised
BLD
7.8%
-3.6%
OGN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BLD
BLD
OGN
OGN
Revenue
$1.5B
$1.5B
Net Profit
$104.5M
$-205.0M
Gross Margin
27.2%
49.2%
Operating Margin
12.1%
-9.8%
Net Margin
7.0%
-13.6%
Revenue YoY
13.2%
-5.3%
Net Profit YoY
-30.6%
-288.1%
EPS (diluted)
$3.69
$-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
BLD
BLD
OGN
OGN
Q4 25
$1.5B
$1.5B
Q3 25
$1.4B
$1.6B
Q2 25
$1.3B
$1.6B
Q1 25
$1.2B
$1.5B
Q4 24
$1.3B
$1.6B
Q3 24
$1.4B
$1.6B
Q2 24
$1.4B
$1.6B
Q1 24
$1.3B
$1.6B
Net Profit
BLD
BLD
OGN
OGN
Q4 25
$104.5M
$-205.0M
Q3 25
$142.2M
$160.0M
Q2 25
$151.6M
$145.0M
Q1 25
$123.4M
$87.0M
Q4 24
$150.5M
$109.0M
Q3 24
$169.0M
$359.0M
Q2 24
$150.7M
$195.0M
Q1 24
$152.4M
$201.0M
Gross Margin
BLD
BLD
OGN
OGN
Q4 25
27.2%
49.2%
Q3 25
30.1%
53.5%
Q2 25
30.4%
54.8%
Q1 25
28.5%
55.6%
Q4 24
29.9%
56.3%
Q3 24
30.7%
58.3%
Q2 24
31.0%
58.4%
Q1 24
30.3%
59.0%
Operating Margin
BLD
BLD
OGN
OGN
Q4 25
12.1%
-9.8%
Q3 25
15.4%
15.2%
Q2 25
16.9%
14.4%
Q1 25
14.4%
6.7%
Q4 24
16.6%
8.1%
Q3 24
17.8%
13.1%
Q2 24
15.4%
14.6%
Q1 24
16.8%
14.5%
Net Margin
BLD
BLD
OGN
OGN
Q4 25
7.0%
-13.6%
Q3 25
10.2%
10.0%
Q2 25
11.7%
9.1%
Q1 25
10.0%
5.8%
Q4 24
11.5%
6.8%
Q3 24
12.3%
22.7%
Q2 24
11.0%
12.1%
Q1 24
11.9%
12.4%
EPS (diluted)
BLD
BLD
OGN
OGN
Q4 25
$3.69
$-0.78
Q3 25
$5.04
$0.61
Q2 25
$5.32
$0.56
Q1 25
$4.23
$0.33
Q4 24
$5.07
$0.42
Q3 24
$5.65
$1.38
Q2 24
$4.78
$0.75
Q1 24
$4.79
$0.78

Balance Sheet & Financial Strength

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

Metric
BLD
BLD
OGN
OGN
Cash + ST InvestmentsLiquidity on hand
$184.7M
$574.0M
Total DebtLower is stronger
$2.8B
$8.6B
Stockholders' EquityBook value
$2.3B
$752.0M
Total Assets
$6.6B
$12.9B
Debt / EquityLower = less leverage
1.23×
11.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLD
BLD
OGN
OGN
Q4 25
$184.7M
$574.0M
Q3 25
$1.1B
$672.0M
Q2 25
$842.5M
$599.0M
Q1 25
$308.8M
$547.0M
Q4 24
$400.3M
$675.0M
Q3 24
$257.3M
$763.0M
Q2 24
$463.2M
$704.0M
Q1 24
$968.8M
$575.0M
Total Debt
BLD
BLD
OGN
OGN
Q4 25
$2.8B
$8.6B
Q3 25
$2.9B
$8.8B
Q2 25
$1.9B
$8.9B
Q1 25
$1.4B
$9.0B
Q4 24
$1.4B
$8.9B
Q3 24
$1.4B
$8.7B
Q2 24
$1.4B
$8.7B
Q1 24
$1.4B
$8.7B
Stockholders' Equity
BLD
BLD
OGN
OGN
Q4 25
$2.3B
$752.0M
Q3 25
$2.2B
$906.0M
Q2 25
$2.1B
$733.0M
Q1 25
$2.1B
$542.0M
Q4 24
$2.2B
$472.0M
Q3 24
$2.1B
$493.0M
Q2 24
$2.4B
$144.0M
Q1 24
$2.7B
$48.0M
Total Assets
BLD
BLD
OGN
OGN
Q4 25
$6.6B
$12.9B
Q3 25
$6.4B
$13.6B
Q2 25
$5.1B
$13.5B
Q1 25
$4.6B
$13.2B
Q4 24
$4.7B
$13.1B
Q3 24
$4.7B
$12.8B
Q2 24
$4.9B
$12.2B
Q1 24
$5.3B
$11.9B
Debt / Equity
BLD
BLD
OGN
OGN
Q4 25
1.23×
11.49×
Q3 25
1.29×
9.74×
Q2 25
0.88×
12.14×
Q1 25
0.65×
16.52×
Q4 24
0.62×
18.81×
Q3 24
0.66×
17.75×
Q2 24
0.59×
60.11×
Q1 24
0.52×
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
BLD
BLD
OGN
OGN
Operating Cash FlowLast quarter
$176.7M
$141.0M
Free Cash FlowOCF − Capex
$159.4M
$96.0M
FCF MarginFCF / Revenue
10.7%
6.4%
Capex IntensityCapex / Revenue
1.2%
3.0%
Cash ConversionOCF / Net Profit
1.69×
TTM Free Cash FlowTrailing 4 quarters
$696.9M
$538.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLD
BLD
OGN
OGN
Q4 25
$176.7M
$141.0M
Q3 25
$233.3M
$264.0M
Q2 25
$193.7M
$220.0M
Q1 25
$152.6M
$75.0M
Q4 24
$266.2M
$390.0M
Q3 24
$240.7M
$141.0M
Q2 24
$90.4M
$332.0M
Q1 24
$178.8M
$76.0M
Free Cash Flow
BLD
BLD
OGN
OGN
Q4 25
$159.4M
$96.0M
Q3 25
$216.2M
$218.0M
Q2 25
$182.2M
$181.0M
Q1 25
$139.2M
$43.0M
Q4 24
$253.7M
$335.0M
Q3 24
$219.8M
$99.0M
Q2 24
$74.3M
$300.0M
Q1 24
$158.9M
$30.0M
FCF Margin
BLD
BLD
OGN
OGN
Q4 25
10.7%
6.4%
Q3 25
15.5%
13.6%
Q2 25
14.0%
11.4%
Q1 25
11.3%
2.8%
Q4 24
19.3%
21.0%
Q3 24
16.0%
6.3%
Q2 24
5.4%
18.7%
Q1 24
12.4%
1.8%
Capex Intensity
BLD
BLD
OGN
OGN
Q4 25
1.2%
3.0%
Q3 25
1.2%
2.9%
Q2 25
0.9%
2.4%
Q1 25
1.1%
2.1%
Q4 24
1.0%
3.5%
Q3 24
1.5%
2.7%
Q2 24
1.2%
2.0%
Q1 24
1.6%
2.8%
Cash Conversion
BLD
BLD
OGN
OGN
Q4 25
1.69×
Q3 25
1.64×
1.65×
Q2 25
1.28×
1.52×
Q1 25
1.24×
0.86×
Q4 24
1.77×
3.58×
Q3 24
1.42×
0.39×
Q2 24
0.60×
1.70×
Q1 24
1.17×
0.38×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BLD
BLD

Distribution Segment$755.4M51%
Residential$557.9M38%
All Other Products$91.9M6%
Glass And Windows$51.5M3%
Rain Gutters$27.1M2%

OGN
OGN

Segment breakdown not available.

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