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

Organon & Co. is the larger business by last-quarter revenue ($1.5B vs $1.4B, roughly 1.1× SEALED AIR CORP). SEALED AIR CORP runs the higher net margin — 3.1% vs -13.6%, a 16.7% gap on every dollar of revenue. On growth, SEALED AIR CORP posted the faster year-over-year revenue change (2.6% vs -5.3%). SEALED AIR CORP produced more free cash flow last quarter ($257.7M vs $96.0M). Over the past eight quarters, SEALED AIR CORP's revenue compounded faster (2.7% 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.

Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.

OGN vs SEE — Head-to-Head

Bigger by revenue
OGN
OGN
1.1× larger
OGN
$1.5B
$1.4B
SEE
Growing faster (revenue YoY)
SEE
SEE
+8.0% gap
SEE
2.6%
-5.3%
OGN
Higher net margin
SEE
SEE
16.7% more per $
SEE
3.1%
-13.6%
OGN
More free cash flow
SEE
SEE
$161.7M more FCF
SEE
$257.7M
$96.0M
OGN
Faster 2-yr revenue CAGR
SEE
SEE
Annualised
SEE
2.7%
-3.6%
OGN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OGN
OGN
SEE
SEE
Revenue
$1.5B
$1.4B
Net Profit
$-205.0M
$43.8M
Gross Margin
49.2%
28.6%
Operating Margin
-9.8%
11.4%
Net Margin
-13.6%
3.1%
Revenue YoY
-5.3%
2.6%
Net Profit YoY
-288.1%
700.0%
EPS (diluted)
$-0.78
$0.30

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
SEE
SEE
Q4 25
$1.5B
$1.4B
Q3 25
$1.6B
$1.3B
Q2 25
$1.6B
$1.3B
Q1 25
$1.5B
$1.3B
Q4 24
$1.6B
$1.4B
Q3 24
$1.6B
$1.3B
Q2 24
$1.6B
$1.3B
Q1 24
$1.6B
$1.3B
Net Profit
OGN
OGN
SEE
SEE
Q4 25
$-205.0M
$43.8M
Q3 25
$160.0M
$255.1M
Q2 25
$145.0M
$93.1M
Q1 25
$87.0M
$113.5M
Q4 24
$109.0M
$-7.3M
Q3 24
$359.0M
$91.7M
Q2 24
$195.0M
$98.3M
Q1 24
$201.0M
$82.0M
Gross Margin
OGN
OGN
SEE
SEE
Q4 25
49.2%
28.6%
Q3 25
53.5%
29.8%
Q2 25
54.8%
30.7%
Q1 25
55.6%
30.9%
Q4 24
56.3%
30.0%
Q3 24
58.3%
30.1%
Q2 24
58.4%
31.2%
Q1 24
59.0%
30.3%
Operating Margin
OGN
OGN
SEE
SEE
Q4 25
-9.8%
11.4%
Q3 25
15.2%
13.8%
Q2 25
14.4%
15.0%
Q1 25
6.7%
14.5%
Q4 24
8.1%
11.7%
Q3 24
13.1%
13.9%
Q2 24
14.6%
15.4%
Q1 24
14.5%
14.0%
Net Margin
OGN
OGN
SEE
SEE
Q4 25
-13.6%
3.1%
Q3 25
10.0%
19.0%
Q2 25
9.1%
7.0%
Q1 25
5.8%
9.0%
Q4 24
6.8%
-0.5%
Q3 24
22.7%
6.9%
Q2 24
12.1%
7.4%
Q1 24
12.4%
6.2%
EPS (diluted)
OGN
OGN
SEE
SEE
Q4 25
$-0.78
$0.30
Q3 25
$0.61
$1.73
Q2 25
$0.56
$0.63
Q1 25
$0.33
$0.77
Q4 24
$0.42
$-0.05
Q3 24
$1.38
$0.63
Q2 24
$0.75
$0.67
Q1 24
$0.78
$0.56

Balance Sheet & Financial Strength

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

Metric
OGN
OGN
SEE
SEE
Cash + ST InvestmentsLiquidity on hand
$574.0M
$344.0M
Total DebtLower is stronger
$8.6B
$3.3B
Stockholders' EquityBook value
$752.0M
$1.2B
Total Assets
$12.9B
$7.0B
Debt / EquityLower = less leverage
11.49×
2.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OGN
OGN
SEE
SEE
Q4 25
$574.0M
$344.0M
Q3 25
$672.0M
$282.5M
Q2 25
$599.0M
$354.4M
Q1 25
$547.0M
$335.2M
Q4 24
$675.0M
$371.8M
Q3 24
$763.0M
$386.0M
Q2 24
$704.0M
$388.6M
Q1 24
$575.0M
$352.8M
Total Debt
OGN
OGN
SEE
SEE
Q4 25
$8.6B
$3.3B
Q3 25
$8.8B
$4.0B
Q2 25
$8.9B
$4.0B
Q1 25
$9.0B
$4.2B
Q4 24
$8.9B
$4.2B
Q3 24
$8.7B
$4.3B
Q2 24
$8.7B
$4.4B
Q1 24
$8.7B
$4.5B
Stockholders' Equity
OGN
OGN
SEE
SEE
Q4 25
$752.0M
$1.2B
Q3 25
$906.0M
$1.2B
Q2 25
$733.0M
$953.1M
Q1 25
$542.0M
$797.9M
Q4 24
$472.0M
$624.5M
Q3 24
$493.0M
$771.2M
Q2 24
$144.0M
$650.1M
Q1 24
$48.0M
$598.3M
Total Assets
OGN
OGN
SEE
SEE
Q4 25
$12.9B
$7.0B
Q3 25
$13.6B
$7.1B
Q2 25
$13.5B
$7.2B
Q1 25
$13.2B
$7.0B
Q4 24
$13.1B
$7.0B
Q3 24
$12.8B
$7.3B
Q2 24
$12.2B
$7.3B
Q1 24
$11.9B
$7.2B
Debt / Equity
OGN
OGN
SEE
SEE
Q4 25
11.49×
2.65×
Q3 25
9.74×
3.34×
Q2 25
12.14×
4.18×
Q1 25
16.52×
5.26×
Q4 24
18.81×
6.72×
Q3 24
17.75×
5.62×
Q2 24
60.11×
6.81×
Q1 24
181.54×
7.49×

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
SEE
SEE
Operating Cash FlowLast quarter
$141.0M
$293.6M
Free Cash FlowOCF − Capex
$96.0M
$257.7M
FCF MarginFCF / Revenue
6.4%
18.5%
Capex IntensityCapex / Revenue
3.0%
2.6%
Cash ConversionOCF / Net Profit
6.70×
TTM Free Cash FlowTrailing 4 quarters
$538.0M
$458.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OGN
OGN
SEE
SEE
Q4 25
$141.0M
$293.6M
Q3 25
$264.0M
$165.9M
Q2 25
$220.0M
$136.6M
Q1 25
$75.0M
$31.9M
Q4 24
$390.0M
$244.2M
Q3 24
$141.0M
$170.5M
Q2 24
$332.0M
$188.2M
Q1 24
$76.0M
$125.1M
Free Cash Flow
OGN
OGN
SEE
SEE
Q4 25
$96.0M
$257.7M
Q3 25
$218.0M
$119.6M
Q2 25
$181.0M
$93.2M
Q1 25
$43.0M
$-12.0M
Q4 24
$335.0M
$185.1M
Q3 24
$99.0M
$115.2M
Q2 24
$300.0M
$129.5M
Q1 24
$30.0M
$78.0M
FCF Margin
OGN
OGN
SEE
SEE
Q4 25
6.4%
18.5%
Q3 25
13.6%
8.9%
Q2 25
11.4%
7.0%
Q1 25
2.8%
-0.9%
Q4 24
21.0%
13.6%
Q3 24
6.3%
8.6%
Q2 24
18.7%
9.7%
Q1 24
1.8%
5.9%
Capex Intensity
OGN
OGN
SEE
SEE
Q4 25
3.0%
2.6%
Q3 25
2.9%
3.4%
Q2 25
2.4%
3.3%
Q1 25
2.1%
3.5%
Q4 24
3.5%
4.4%
Q3 24
2.7%
4.1%
Q2 24
2.0%
4.4%
Q1 24
2.8%
3.6%
Cash Conversion
OGN
OGN
SEE
SEE
Q4 25
6.70×
Q3 25
1.65×
0.65×
Q2 25
1.52×
1.47×
Q1 25
0.86×
0.28×
Q4 24
3.58×
Q3 24
0.39×
1.86×
Q2 24
1.70×
1.91×
Q1 24
0.38×
1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OGN
OGN

Segment breakdown not available.

SEE
SEE

Protective Segment$1.1B78%
Other$292.0M21%
Pension Plans Defined Benefit$7.9M1%

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