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

PPL Corporation is the larger business by last-quarter revenue ($2.3B vs $1.5B, roughly 1.6× Organon & Co.). PPL Corporation runs the higher net margin — 11.3% vs -13.6%, a 24.9% gap on every dollar of revenue. On growth, PPL Corporation posted the faster year-over-year revenue change (7.2% vs -5.3%). Organon & Co. produced more free cash flow last quarter ($96.0M vs $-614.0M). Over the past eight quarters, PPL Corporation's revenue compounded faster (1.0% 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.

PPL Corporation is a leading US-based energy utility holding company headquartered in Allentown, Pennsylvania. It delivers electricity and natural gas to approximately 3.5 million residential, commercial and industrial customers across Pennsylvania, Kentucky and Rhode Island, with core focuses on grid modernization, affordable clean energy transition, and reliable sustainable energy services for local communities.

OGN vs PPL — Head-to-Head

Bigger by revenue
PPL
PPL
1.6× larger
PPL
$2.3B
$1.5B
OGN
Growing faster (revenue YoY)
PPL
PPL
+12.6% gap
PPL
7.2%
-5.3%
OGN
Higher net margin
PPL
PPL
24.9% more per $
PPL
11.3%
-13.6%
OGN
More free cash flow
OGN
OGN
$710.0M more FCF
OGN
$96.0M
$-614.0M
PPL
Faster 2-yr revenue CAGR
PPL
PPL
Annualised
PPL
1.0%
-3.6%
OGN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OGN
OGN
PPL
PPL
Revenue
$1.5B
$2.3B
Net Profit
$-205.0M
$266.0M
Gross Margin
49.2%
Operating Margin
-9.8%
20.3%
Net Margin
-13.6%
11.3%
Revenue YoY
-5.3%
7.2%
Net Profit YoY
-288.1%
50.3%
EPS (diluted)
$-0.78
$0.35

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
OGN
OGN
PPL
PPL
Q4 25
$1.5B
$2.3B
Q3 25
$1.6B
$2.2B
Q2 25
$1.6B
$2.0B
Q1 25
$1.5B
$2.5B
Q4 24
$1.6B
$2.2B
Q3 24
$1.6B
$2.1B
Q2 24
$1.6B
$1.9B
Q1 24
$1.6B
$2.3B
Net Profit
OGN
OGN
PPL
PPL
Q4 25
$-205.0M
$266.0M
Q3 25
$160.0M
$318.0M
Q2 25
$145.0M
$183.0M
Q1 25
$87.0M
$414.0M
Q4 24
$109.0M
$177.0M
Q3 24
$359.0M
$214.0M
Q2 24
$195.0M
$190.0M
Q1 24
$201.0M
$307.0M
Gross Margin
OGN
OGN
PPL
PPL
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
OGN
OGN
PPL
PPL
Q4 25
-9.8%
20.3%
Q3 25
15.2%
25.4%
Q2 25
14.4%
19.9%
Q1 25
6.7%
26.6%
Q4 24
8.1%
17.2%
Q3 24
13.1%
20.6%
Q2 24
14.6%
20.8%
Q1 24
14.5%
23.7%
Net Margin
OGN
OGN
PPL
PPL
Q4 25
-13.6%
11.3%
Q3 25
10.0%
14.2%
Q2 25
9.1%
9.0%
Q1 25
5.8%
16.3%
Q4 24
6.8%
8.1%
Q3 24
22.7%
10.3%
Q2 24
12.1%
10.1%
Q1 24
12.4%
13.3%
EPS (diluted)
OGN
OGN
PPL
PPL
Q4 25
$-0.78
$0.35
Q3 25
$0.61
$0.43
Q2 25
$0.56
$0.25
Q1 25
$0.33
$0.56
Q4 24
$0.42
$0.23
Q3 24
$1.38
$0.29
Q2 24
$0.75
$0.26
Q1 24
$0.78
$0.42

Balance Sheet & Financial Strength

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

Metric
OGN
OGN
PPL
PPL
Cash + ST InvestmentsLiquidity on hand
$574.0M
$1.1B
Total DebtLower is stronger
$8.6B
$18.9B
Stockholders' EquityBook value
$752.0M
$14.9B
Total Assets
$12.9B
$45.2B
Debt / EquityLower = less leverage
11.49×
1.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OGN
OGN
PPL
PPL
Q4 25
$574.0M
$1.1B
Q3 25
$672.0M
$1.1B
Q2 25
$599.0M
$294.0M
Q1 25
$547.0M
$312.0M
Q4 24
$675.0M
$306.0M
Q3 24
$763.0M
$542.0M
Q2 24
$704.0M
$282.0M
Q1 24
$575.0M
$276.0M
Total Debt
OGN
OGN
PPL
PPL
Q4 25
$8.6B
$18.9B
Q3 25
$8.8B
Q2 25
$8.9B
Q1 25
$9.0B
Q4 24
$8.9B
$16.5B
Q3 24
$8.7B
Q2 24
$8.7B
Q1 24
$8.7B
Stockholders' Equity
OGN
OGN
PPL
PPL
Q4 25
$752.0M
$14.9B
Q3 25
$906.0M
$14.4B
Q2 25
$733.0M
$14.3B
Q1 25
$542.0M
$14.3B
Q4 24
$472.0M
$14.1B
Q3 24
$493.0M
$14.1B
Q2 24
$144.0M
$14.1B
Q1 24
$48.0M
$14.1B
Total Assets
OGN
OGN
PPL
PPL
Q4 25
$12.9B
$45.2B
Q3 25
$13.6B
$43.9B
Q2 25
$13.5B
$42.4B
Q1 25
$13.2B
$41.8B
Q4 24
$13.1B
$41.1B
Q3 24
$12.8B
$40.5B
Q2 24
$12.2B
$39.8B
Q1 24
$11.9B
$39.6B
Debt / Equity
OGN
OGN
PPL
PPL
Q4 25
11.49×
1.27×
Q3 25
9.74×
Q2 25
12.14×
Q1 25
16.52×
Q4 24
18.81×
1.17×
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
OGN
OGN
PPL
PPL
Operating Cash FlowLast quarter
$141.0M
$548.0M
Free Cash FlowOCF − Capex
$96.0M
$-614.0M
FCF MarginFCF / Revenue
6.4%
-26.1%
Capex IntensityCapex / Revenue
3.0%
49.5%
Cash ConversionOCF / Net Profit
2.06×
TTM Free Cash FlowTrailing 4 quarters
$538.0M
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OGN
OGN
PPL
PPL
Q4 25
$141.0M
$548.0M
Q3 25
$264.0M
$966.0M
Q2 25
$220.0M
$602.0M
Q1 25
$75.0M
$513.0M
Q4 24
$390.0M
$511.0M
Q3 24
$141.0M
$781.0M
Q2 24
$332.0M
$766.0M
Q1 24
$76.0M
$282.0M
Free Cash Flow
OGN
OGN
PPL
PPL
Q4 25
$96.0M
$-614.0M
Q3 25
$218.0M
$-179.0M
Q2 25
$181.0M
$-328.0M
Q1 25
$43.0M
$-280.0M
Q4 24
$335.0M
$-349.0M
Q3 24
$99.0M
$102.0M
Q2 24
$300.0M
$96.0M
Q1 24
$30.0M
$-314.0M
FCF Margin
OGN
OGN
PPL
PPL
Q4 25
6.4%
-26.1%
Q3 25
13.6%
-8.0%
Q2 25
11.4%
-16.1%
Q1 25
2.8%
-11.0%
Q4 24
21.0%
-15.9%
Q3 24
6.3%
4.9%
Q2 24
18.7%
5.1%
Q1 24
1.8%
-13.6%
Capex Intensity
OGN
OGN
PPL
PPL
Q4 25
3.0%
49.5%
Q3 25
2.9%
51.2%
Q2 25
2.4%
45.6%
Q1 25
2.1%
31.2%
Q4 24
3.5%
39.3%
Q3 24
2.7%
32.7%
Q2 24
2.0%
35.8%
Q1 24
2.8%
25.9%
Cash Conversion
OGN
OGN
PPL
PPL
Q4 25
2.06×
Q3 25
1.65×
3.04×
Q2 25
1.52×
3.29×
Q1 25
0.86×
1.24×
Q4 24
3.58×
2.89×
Q3 24
0.39×
3.65×
Q2 24
1.70×
4.03×
Q1 24
0.38×
0.92×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OGN
OGN

Segment breakdown not available.

PPL
PPL

Rhode Island Regulated$539.0M23%
Other$532.0M23%
Residential$451.0M19%
Nonrelated Party$425.0M18%
Transmission$228.0M10%
Commercial$117.0M5%
Wholesale Other$23.0M1%
Industrial$14.0M1%
Related Party$13.0M1%
Wholesale Municipal$6.0M0%

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