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Side-by-side financial comparison of NCR Atleos Corp (NATL) 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 $1.2B, roughly 1.3× NCR Atleos Corp). NCR Atleos Corp runs the higher net margin — 7.2% vs -13.6%, a 20.8% gap on every dollar of revenue. On growth, NCR Atleos Corp posted the faster year-over-year revenue change (4.0% vs -5.3%). NCR Atleos Corp produced more free cash flow last quarter ($194.0M vs $96.0M). Over the past eight quarters, NCR Atleos Corp's revenue compounded faster (4.9% CAGR vs -3.6%).

NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.

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.

NATL vs OGN — Head-to-Head

Bigger by revenue
OGN
OGN
1.3× larger
OGN
$1.5B
$1.2B
NATL
Growing faster (revenue YoY)
NATL
NATL
+9.3% gap
NATL
4.0%
-5.3%
OGN
Higher net margin
NATL
NATL
20.8% more per $
NATL
7.2%
-13.6%
OGN
More free cash flow
NATL
NATL
$98.0M more FCF
NATL
$194.0M
$96.0M
OGN
Faster 2-yr revenue CAGR
NATL
NATL
Annualised
NATL
4.9%
-3.6%
OGN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NATL
NATL
OGN
OGN
Revenue
$1.2B
$1.5B
Net Profit
$83.0M
$-205.0M
Gross Margin
49.2%
Operating Margin
13.5%
-9.8%
Net Margin
7.2%
-13.6%
Revenue YoY
4.0%
-5.3%
Net Profit YoY
102.4%
-288.1%
EPS (diluted)
$1.09
$-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
NATL
NATL
OGN
OGN
Q4 25
$1.2B
$1.5B
Q3 25
$1.1B
$1.6B
Q2 25
$1.1B
$1.6B
Q1 25
$979.0M
$1.5B
Q4 24
$1.1B
$1.6B
Q3 24
$1.1B
$1.6B
Q2 24
$1.1B
$1.6B
Q1 24
$1.0B
$1.6B
Net Profit
NATL
NATL
OGN
OGN
Q4 25
$83.0M
$-205.0M
Q3 25
$26.0M
$160.0M
Q2 25
$39.0M
$145.0M
Q1 25
$14.0M
$87.0M
Q4 24
$41.0M
$109.0M
Q3 24
$21.0M
$359.0M
Q2 24
$27.0M
$195.0M
Q1 24
$-9.0M
$201.0M
Gross Margin
NATL
NATL
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
NATL
NATL
OGN
OGN
Q4 25
13.5%
-9.8%
Q3 25
9.8%
15.2%
Q2 25
10.8%
14.4%
Q1 25
9.5%
6.7%
Q4 24
13.4%
8.1%
Q3 24
10.6%
13.1%
Q2 24
9.8%
14.6%
Q1 24
6.5%
14.5%
Net Margin
NATL
NATL
OGN
OGN
Q4 25
7.2%
-13.6%
Q3 25
2.3%
10.0%
Q2 25
3.5%
9.1%
Q1 25
1.4%
5.8%
Q4 24
3.7%
6.8%
Q3 24
2.0%
22.7%
Q2 24
2.5%
12.1%
Q1 24
-0.9%
12.4%
EPS (diluted)
NATL
NATL
OGN
OGN
Q4 25
$1.09
$-0.78
Q3 25
$0.34
$0.61
Q2 25
$0.52
$0.56
Q1 25
$0.19
$0.33
Q4 24
$0.56
$0.42
Q3 24
$0.28
$1.38
Q2 24
$0.37
$0.75
Q1 24
$-0.13
$0.78

Balance Sheet & Financial Strength

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

Metric
NATL
NATL
OGN
OGN
Cash + ST InvestmentsLiquidity on hand
$456.0M
$574.0M
Total DebtLower is stronger
$2.7B
$8.6B
Stockholders' EquityBook value
$403.0M
$752.0M
Total Assets
$5.7B
$12.9B
Debt / EquityLower = less leverage
6.63×
11.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NATL
NATL
OGN
OGN
Q4 25
$456.0M
$574.0M
Q3 25
$412.0M
$672.0M
Q2 25
$357.0M
$599.0M
Q1 25
$352.0M
$547.0M
Q4 24
$419.0M
$675.0M
Q3 24
$395.0M
$763.0M
Q2 24
$374.0M
$704.0M
Q1 24
$343.0M
$575.0M
Total Debt
NATL
NATL
OGN
OGN
Q4 25
$2.7B
$8.6B
Q3 25
$2.8B
$8.8B
Q2 25
$2.8B
$8.9B
Q1 25
$9.0B
Q4 24
$2.9B
$8.9B
Q3 24
$8.7B
Q2 24
$8.7B
Q1 24
$8.7B
Stockholders' Equity
NATL
NATL
OGN
OGN
Q4 25
$403.0M
$752.0M
Q3 25
$330.0M
$906.0M
Q2 25
$350.0M
$733.0M
Q1 25
$275.0M
$542.0M
Q4 24
$219.0M
$472.0M
Q3 24
$264.0M
$493.0M
Q2 24
$250.0M
$144.0M
Q1 24
$283.0M
$48.0M
Total Assets
NATL
NATL
OGN
OGN
Q4 25
$5.7B
$12.9B
Q3 25
$5.7B
$13.6B
Q2 25
$5.8B
$13.5B
Q1 25
$5.7B
$13.2B
Q4 24
$5.5B
$13.1B
Q3 24
$5.7B
$12.8B
Q2 24
$5.8B
$12.2B
Q1 24
$5.8B
$11.9B
Debt / Equity
NATL
NATL
OGN
OGN
Q4 25
6.63×
11.49×
Q3 25
8.45×
9.74×
Q2 25
8.05×
12.14×
Q1 25
16.52×
Q4 24
13.05×
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
NATL
NATL
OGN
OGN
Operating Cash FlowLast quarter
$231.0M
$141.0M
Free Cash FlowOCF − Capex
$194.0M
$96.0M
FCF MarginFCF / Revenue
16.8%
6.4%
Capex IntensityCapex / Revenue
3.2%
3.0%
Cash ConversionOCF / Net Profit
2.78×
TTM Free Cash FlowTrailing 4 quarters
$239.0M
$538.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NATL
NATL
OGN
OGN
Q4 25
$231.0M
$141.0M
Q3 25
$25.0M
$264.0M
Q2 25
$-23.0M
$220.0M
Q1 25
$123.0M
$75.0M
Q4 24
$80.0M
$390.0M
Q3 24
$107.0M
$141.0M
Q2 24
$9.0M
$332.0M
Q1 24
$148.0M
$76.0M
Free Cash Flow
NATL
NATL
OGN
OGN
Q4 25
$194.0M
$96.0M
Q3 25
$-5.0M
$218.0M
Q2 25
$-44.0M
$181.0M
Q1 25
$94.0M
$43.0M
Q4 24
$62.0M
$335.0M
Q3 24
$85.0M
$99.0M
Q2 24
$-14.0M
$300.0M
Q1 24
$124.0M
$30.0M
FCF Margin
NATL
NATL
OGN
OGN
Q4 25
16.8%
6.4%
Q3 25
-0.4%
13.6%
Q2 25
-4.0%
11.4%
Q1 25
9.6%
2.8%
Q4 24
5.6%
21.0%
Q3 24
7.9%
6.3%
Q2 24
-1.3%
18.7%
Q1 24
11.9%
1.8%
Capex Intensity
NATL
NATL
OGN
OGN
Q4 25
3.2%
3.0%
Q3 25
2.7%
2.9%
Q2 25
1.9%
2.4%
Q1 25
3.0%
2.1%
Q4 24
1.6%
3.5%
Q3 24
2.1%
2.7%
Q2 24
2.1%
2.0%
Q1 24
2.3%
2.8%
Cash Conversion
NATL
NATL
OGN
OGN
Q4 25
2.78×
Q3 25
0.96×
1.65×
Q2 25
-0.59×
1.52×
Q1 25
8.79×
0.86×
Q4 24
1.95×
3.58×
Q3 24
5.10×
0.39×
Q2 24
0.33×
1.70×
Q1 24
0.38×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NATL
NATL

Services$848.0M74%
APJ$136.0M12%
Americas Excluding United States$135.0M12%
TT$44.0M4%

OGN
OGN

Segment breakdown not available.

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