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Side-by-side financial comparison of Organon & Co. (OGN) and PATRICK INDUSTRIES INC (PATK). Click either name above to swap in a different company.
Organon & Co. is the larger business by last-quarter revenue ($1.5B vs $924.2M, roughly 1.6× PATRICK INDUSTRIES INC). PATRICK INDUSTRIES INC runs the higher net margin — 3.1% vs -13.6%, a 16.7% gap on every dollar of revenue. On growth, PATRICK INDUSTRIES INC posted the faster year-over-year revenue change (9.2% vs -5.3%). PATRICK INDUSTRIES INC produced more free cash flow last quarter ($112.7M vs $96.0M). Over the past eight quarters, PATRICK INDUSTRIES INC's revenue compounded faster (-0.5% CAGR vs -3.6%).
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.
Anduril Industries, Inc. is an American defense technology company specializing in the development of advanced autonomous systems.
OGN vs PATK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $924.2M |
| Net Profit | $-205.0M | $29.1M |
| Gross Margin | 49.2% | 23.0% |
| Operating Margin | -9.8% | 6.2% |
| Net Margin | -13.6% | 3.1% |
| Revenue YoY | -5.3% | 9.2% |
| Net Profit YoY | -288.1% | 99.7% |
| EPS (diluted) | $-0.78 | $0.82 |
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 | $924.2M | ||
| Q3 25 | $1.6B | $975.6M | ||
| Q2 25 | $1.6B | $1.0B | ||
| Q1 25 | $1.5B | $1.0B | ||
| Q4 24 | $1.6B | $846.1M | ||
| Q3 24 | $1.6B | $919.4M | ||
| Q2 24 | $1.6B | $1.0B | ||
| Q1 24 | $1.6B | $933.5M |
| Q4 25 | $-205.0M | $29.1M | ||
| Q3 25 | $160.0M | $35.3M | ||
| Q2 25 | $145.0M | $32.4M | ||
| Q1 25 | $87.0M | $38.2M | ||
| Q4 24 | $109.0M | $14.6M | ||
| Q3 24 | $359.0M | $40.9M | ||
| Q2 24 | $195.0M | $47.9M | ||
| Q1 24 | $201.0M | $35.1M |
| Q4 25 | 49.2% | 23.0% | ||
| Q3 25 | 53.5% | 22.6% | ||
| Q2 25 | 54.8% | 23.9% | ||
| Q1 25 | 55.6% | 22.8% | ||
| Q4 24 | 56.3% | 22.1% | ||
| Q3 24 | 58.3% | 23.1% | ||
| Q2 24 | 58.4% | 22.8% | ||
| Q1 24 | 59.0% | 21.9% |
| Q4 25 | -9.8% | 6.2% | ||
| Q3 25 | 15.2% | 6.8% | ||
| Q2 25 | 14.4% | 8.3% | ||
| Q1 25 | 6.7% | 6.5% | ||
| Q4 24 | 8.1% | 4.7% | ||
| Q3 24 | 13.1% | 8.1% | ||
| Q2 24 | 14.6% | 8.3% | ||
| Q1 24 | 14.5% | 6.4% |
| Q4 25 | -13.6% | 3.1% | ||
| Q3 25 | 10.0% | 3.6% | ||
| Q2 25 | 9.1% | 3.1% | ||
| Q1 25 | 5.8% | 3.8% | ||
| Q4 24 | 6.8% | 1.7% | ||
| Q3 24 | 22.7% | 4.4% | ||
| Q2 24 | 12.1% | 4.7% | ||
| Q1 24 | 12.4% | 3.8% |
| Q4 25 | $-0.78 | $0.82 | ||
| Q3 25 | $0.61 | $1.01 | ||
| Q2 25 | $0.56 | $0.96 | ||
| Q1 25 | $0.33 | $1.11 | ||
| Q4 24 | $0.42 | $-1.44 | ||
| Q3 24 | $1.38 | $1.80 | ||
| Q2 24 | $0.75 | $2.16 | ||
| Q1 24 | $0.78 | $1.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $574.0M | $26.4M |
| Total DebtLower is stronger | $8.6B | $1.3B |
| Stockholders' EquityBook value | $752.0M | $1.2B |
| Total Assets | $12.9B | $3.1B |
| Debt / EquityLower = less leverage | 11.49× | 1.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $574.0M | $26.4M | ||
| Q3 25 | $672.0M | $20.7M | ||
| Q2 25 | $599.0M | $22.0M | ||
| Q1 25 | $547.0M | $86.6M | ||
| Q4 24 | $675.0M | $33.6M | ||
| Q3 24 | $763.0M | $52.6M | ||
| Q2 24 | $704.0M | $44.0M | ||
| Q1 24 | $575.0M | $17.6M |
| Q4 25 | $8.6B | $1.3B | ||
| Q3 25 | $8.8B | — | ||
| Q2 25 | $8.9B | — | ||
| Q1 25 | $9.0B | — | ||
| Q4 24 | $8.9B | $1.3B | ||
| Q3 24 | $8.7B | — | ||
| Q2 24 | $8.7B | — | ||
| Q1 24 | $8.7B | — |
| Q4 25 | $752.0M | $1.2B | ||
| Q3 25 | $906.0M | $1.2B | ||
| Q2 25 | $733.0M | $1.1B | ||
| Q1 25 | $542.0M | $1.1B | ||
| Q4 24 | $472.0M | $1.1B | ||
| Q3 24 | $493.0M | $1.1B | ||
| Q2 24 | $144.0M | $1.1B | ||
| Q1 24 | $48.0M | $1.1B |
| Q4 25 | $12.9B | $3.1B | ||
| Q3 25 | $13.6B | $3.1B | ||
| Q2 25 | $13.5B | $3.1B | ||
| Q1 25 | $13.2B | $3.2B | ||
| Q4 24 | $13.1B | $3.0B | ||
| Q3 24 | $12.8B | $3.1B | ||
| Q2 24 | $12.2B | $3.0B | ||
| Q1 24 | $11.9B | $3.0B |
| Q4 25 | 11.49× | 1.10× | ||
| Q3 25 | 9.74× | — | ||
| Q2 25 | 12.14× | — | ||
| Q1 25 | 16.52× | — | ||
| Q4 24 | 18.81× | 1.18× | ||
| 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 | $141.0M | $130.8M |
| Free Cash FlowOCF − Capex | $96.0M | $112.7M |
| FCF MarginFCF / Revenue | 6.4% | 12.2% |
| Capex IntensityCapex / Revenue | 3.0% | 2.0% |
| Cash ConversionOCF / Net Profit | — | 4.50× |
| TTM Free Cash FlowTrailing 4 quarters | $538.0M | $246.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $141.0M | $130.8M | ||
| Q3 25 | $264.0M | $9.1M | ||
| Q2 25 | $220.0M | $149.4M | ||
| Q1 25 | $75.0M | $40.1M | ||
| Q4 24 | $390.0M | $102.7M | ||
| Q3 24 | $141.0M | $51.5M | ||
| Q2 24 | $332.0M | $137.5M | ||
| Q1 24 | $76.0M | $35.2M |
| Q4 25 | $96.0M | $112.7M | ||
| Q3 25 | $218.0M | $-17.2M | ||
| Q2 25 | $181.0M | $131.1M | ||
| Q1 25 | $43.0M | $19.9M | ||
| Q4 24 | $335.0M | $77.2M | ||
| Q3 24 | $99.0M | $33.7M | ||
| Q2 24 | $300.0M | $120.6M | ||
| Q1 24 | $30.0M | $19.7M |
| Q4 25 | 6.4% | 12.2% | ||
| Q3 25 | 13.6% | -1.8% | ||
| Q2 25 | 11.4% | 12.5% | ||
| Q1 25 | 2.8% | 2.0% | ||
| Q4 24 | 21.0% | 9.1% | ||
| Q3 24 | 6.3% | 3.7% | ||
| Q2 24 | 18.7% | 11.9% | ||
| Q1 24 | 1.8% | 2.1% |
| Q4 25 | 3.0% | 2.0% | ||
| Q3 25 | 2.9% | 2.7% | ||
| Q2 25 | 2.4% | 1.7% | ||
| Q1 25 | 2.1% | 2.0% | ||
| Q4 24 | 3.5% | 3.0% | ||
| Q3 24 | 2.7% | 1.9% | ||
| Q2 24 | 2.0% | 1.7% | ||
| Q1 24 | 2.8% | 1.7% |
| Q4 25 | — | 4.50× | ||
| Q3 25 | 1.65× | 0.26× | ||
| Q2 25 | 1.52× | 4.61× | ||
| Q1 25 | 0.86× | 1.05× | ||
| Q4 24 | 3.58× | 7.05× | ||
| Q3 24 | 0.39× | 1.26× | ||
| Q2 24 | 1.70× | 2.87× | ||
| Q1 24 | 0.38× | 1.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OGN
Segment breakdown not available.
PATK
| Recreational Vehicle | $276.3M | 30% |
| Distribution | $222.4M | 24% |
| Marine | $141.9M | 15% |
| Industrial | $110.8M | 12% |
| Powersports | $104.8M | 11% |
| Manufactured Housing | $67.9M | 7% |
