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Side-by-side financial comparison of CARTERS INC (CRI) 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 $757.8M, roughly 2.0× CARTERS INC). CARTERS INC runs the higher net margin — 1.5% vs -13.6%, a 15.1% gap on every dollar of revenue. On growth, CARTERS INC posted the faster year-over-year revenue change (-0.1% vs -5.3%). Organon & Co. produced more free cash flow last quarter ($96.0M vs $-144.1M).
Carter's, Inc. is a major American designer and marketer of children's apparel. It was founded in 1865 by William Carter.
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.
CRI vs OGN — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $757.8M | $1.5B |
| Net Profit | $11.6M | $-205.0M |
| Gross Margin | 45.1% | 49.2% |
| Operating Margin | 3.8% | -9.8% |
| Net Margin | 1.5% | -13.6% |
| Revenue YoY | -0.1% | -5.3% |
| Net Profit YoY | -80.1% | -288.1% |
| EPS (diluted) | $0.32 | $-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 | — | $1.5B | ||
| Q3 25 | $757.8M | $1.6B | ||
| Q2 25 | $585.3M | $1.6B | ||
| Q1 25 | $629.8M | $1.5B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.6B |
| Q4 25 | — | $-205.0M | ||
| Q3 25 | $11.6M | $160.0M | ||
| Q2 25 | $446.0K | $145.0M | ||
| Q1 25 | $15.5M | $87.0M | ||
| Q4 24 | — | $109.0M | ||
| Q3 24 | — | $359.0M | ||
| Q2 24 | — | $195.0M | ||
| Q1 24 | — | $201.0M |
| Q4 25 | — | 49.2% | ||
| Q3 25 | 45.1% | 53.5% | ||
| Q2 25 | 48.1% | 54.8% | ||
| Q1 25 | 46.2% | 55.6% | ||
| Q4 24 | — | 56.3% | ||
| Q3 24 | — | 58.3% | ||
| Q2 24 | — | 58.4% | ||
| Q1 24 | — | 59.0% |
| Q4 25 | — | -9.8% | ||
| Q3 25 | 3.8% | 15.2% | ||
| Q2 25 | 0.7% | 14.4% | ||
| Q1 25 | 4.1% | 6.7% | ||
| Q4 24 | — | 8.1% | ||
| Q3 24 | — | 13.1% | ||
| Q2 24 | — | 14.6% | ||
| Q1 24 | — | 14.5% |
| Q4 25 | — | -13.6% | ||
| Q3 25 | 1.5% | 10.0% | ||
| Q2 25 | 0.1% | 9.1% | ||
| Q1 25 | 2.5% | 5.8% | ||
| Q4 24 | — | 6.8% | ||
| Q3 24 | — | 22.7% | ||
| Q2 24 | — | 12.1% | ||
| Q1 24 | — | 12.4% |
| Q4 25 | — | $-0.78 | ||
| Q3 25 | $0.32 | $0.61 | ||
| Q2 25 | $0.01 | $0.56 | ||
| Q1 25 | $0.43 | $0.33 | ||
| Q4 24 | — | $0.42 | ||
| Q3 24 | — | $1.38 | ||
| Q2 24 | — | $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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $184.2M | $574.0M |
| Total DebtLower is stronger | — | $8.6B |
| Stockholders' EquityBook value | $864.6M | $752.0M |
| Total Assets | $2.5B | $12.9B |
| Debt / EquityLower = less leverage | — | 11.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $574.0M | ||
| Q3 25 | $184.2M | $672.0M | ||
| Q2 25 | $338.2M | $599.0M | ||
| Q1 25 | $320.8M | $547.0M | ||
| Q4 24 | — | $675.0M | ||
| Q3 24 | — | $763.0M | ||
| Q2 24 | — | $704.0M | ||
| Q1 24 | — | $575.0M |
| Q4 25 | — | $8.6B | ||
| Q3 25 | — | $8.8B | ||
| Q2 25 | — | $8.9B | ||
| Q1 25 | — | $9.0B | ||
| Q4 24 | — | $8.9B | ||
| Q3 24 | — | $8.7B | ||
| Q2 24 | — | $8.7B | ||
| Q1 24 | — | $8.7B |
| Q4 25 | — | $752.0M | ||
| Q3 25 | $864.6M | $906.0M | ||
| Q2 25 | $853.9M | $733.0M | ||
| Q1 25 | $847.2M | $542.0M | ||
| Q4 24 | — | $472.0M | ||
| Q3 24 | — | $493.0M | ||
| Q2 24 | — | $144.0M | ||
| Q1 24 | — | $48.0M |
| Q4 25 | — | $12.9B | ||
| Q3 25 | $2.5B | $13.6B | ||
| Q2 25 | $2.5B | $13.5B | ||
| Q1 25 | $2.3B | $13.2B | ||
| Q4 24 | — | $13.1B | ||
| Q3 24 | — | $12.8B | ||
| Q2 24 | — | $12.2B | ||
| Q1 24 | — | $11.9B |
| Q4 25 | — | 11.49× | ||
| Q3 25 | — | 9.74× | ||
| Q2 25 | — | 12.14× | ||
| Q1 25 | — | 16.52× | ||
| Q4 24 | — | 18.81× | ||
| Q3 24 | — | 17.75× | ||
| Q2 24 | — | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-128.0M | $141.0M |
| Free Cash FlowOCF − Capex | $-144.1M | $96.0M |
| FCF MarginFCF / Revenue | -19.0% | 6.4% |
| Capex IntensityCapex / Revenue | 2.1% | 3.0% |
| Cash ConversionOCF / Net Profit | -11.04× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $538.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $141.0M | ||
| Q3 25 | $-128.0M | $264.0M | ||
| Q2 25 | $40.3M | $220.0M | ||
| Q1 25 | $-48.6M | $75.0M | ||
| Q4 24 | — | $390.0M | ||
| Q3 24 | — | $141.0M | ||
| Q2 24 | — | $332.0M | ||
| Q1 24 | — | $76.0M |
| Q4 25 | — | $96.0M | ||
| Q3 25 | $-144.1M | $218.0M | ||
| Q2 25 | $24.1M | $181.0M | ||
| Q1 25 | $-59.0M | $43.0M | ||
| Q4 24 | — | $335.0M | ||
| Q3 24 | — | $99.0M | ||
| Q2 24 | — | $300.0M | ||
| Q1 24 | — | $30.0M |
| Q4 25 | — | 6.4% | ||
| Q3 25 | -19.0% | 13.6% | ||
| Q2 25 | 4.1% | 11.4% | ||
| Q1 25 | -9.4% | 2.8% | ||
| Q4 24 | — | 21.0% | ||
| Q3 24 | — | 6.3% | ||
| Q2 24 | — | 18.7% | ||
| Q1 24 | — | 1.8% |
| Q4 25 | — | 3.0% | ||
| Q3 25 | 2.1% | 2.9% | ||
| Q2 25 | 2.8% | 2.4% | ||
| Q1 25 | 1.6% | 2.1% | ||
| Q4 24 | — | 3.5% | ||
| Q3 24 | — | 2.7% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 2.8% |
| Q4 25 | — | — | ||
| Q3 25 | -11.04× | 1.65× | ||
| Q2 25 | 90.37× | 1.52× | ||
| Q1 25 | -3.13× | 0.86× | ||
| Q4 24 | — | 3.58× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 1.70× | ||
| Q1 24 | — | 0.38× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRI
| Sales Channel Directly To Consumer | $362.3M | 48% |
| Sales Channel Through Intermediary | $283.8M | 37% |
| Other | $110.4M | 15% |
| Gift Cards | $1.3M | 0% |
OGN
Segment breakdown not available.
