‹ Screener

Organon & Co.

OGN · Pharmaceutical Preparations · 262.6M shares · +0%/yr ↑ shares · EDGAR filings ↗

Reference price $13.35 · est. market cap ~$3.5B — last insider sale, 2026-05-06 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

C68

Profitable, cash-generative women's-health pharma with high but leverage-inflated ROE, offset by thin margins, heavy debt and governance turmoil.

Strengths

Risks

Notable findings

Quarterly revenue

2025-06-30 · $1.6B2025-09-30 · $1.6B2025-12-31 · $1.5B2026-03-31 · $1.5B

Last 4 quarters · from SEC filings.

Key metrics

Gross margin
53.3%
Net margin
3.0%
Return on equity
24.9%
Return on assets
1.5%
Revenue growth (QoQ)
-3.1%
Net-income growth
-78.4%
Debt / equity
11.5×
Current ratio
1.8×
Free cash flow
$538M
Tangible book value
-$4.5B
Cash & investments
$574M
Stock comp / revenue
1.2%

Insider transactions · last 18 months

DateInsiderTypeSharesPrice
2026-05-06Holzbaur LynetteOther46
2026-05-06Holzbaur LynetteBuy26K$13.35
2026-05-06Holzbaur LynetteSell26K$13.35
2026-03-31Drinane Juliana PapaOption exercise10K
2026-03-31Drinane Juliana PapaTax withheld3.5K$5.70
2026-03-31Arjona Ferreira Juan CamiloOption exercise13K
2026-03-31Arjona Ferreira Juan CamiloTax withheld4.8K$5.70
2026-03-31Karp DanielOption exercise11K
2026-03-31Karp DanielTax withheld3.6K$5.70
2026-03-31Karp DanielOption exercise6.7K
2026-03-31Karp DanielTax withheld2.1K$5.70
2026-03-31Stahler Rachel AOption exercise6.6K
2026-03-31Stahler Rachel ATax withheld2.2K$5.70
2026-03-31Stahler Rachel AOption exercise12K
2026-03-31Stahler Rachel ATax withheld4.2K$5.70
2026-03-31WALSH MATTHEW MOption exercise12K
2026-03-31WALSH MATTHEW MTax withheld4.1K$5.70
2026-03-31WALSH MATTHEW MOption exercise22K
2026-03-31WALSH MATTHEW MTax withheld7.4K$5.70
2026-03-31Falcione AaronOption exercise6.7K
2026-03-31Falcione AaronTax withheld2.3K$5.70
2026-03-31Falcione AaronOption exercise11K
2026-03-31Falcione AaronTax withheld3.8K$5.70
2026-03-31Weaver KirkeOption exercise6.2K
2026-03-31Weaver KirkeTax withheld1.8K$5.70
2026-03-31Weaver KirkeOption exercise12K
2026-03-31Weaver KirkeTax withheld3.5K$5.70
2026-03-31Nisita VittorioOption exercise4.6K
2026-03-31Nisita VittorioTax withheld1.6K$5.70
2026-03-31Nisita VittorioOption exercise8.4K
2026-03-31Nisita VittorioTax withheld2.9K$5.70
2026-03-31Holzbaur LynetteOption exercise4.3K
2026-03-31Holzbaur LynetteTax withheld1.2K$5.70
2026-03-31Holzbaur LynetteOption exercise6.7K
2026-03-31Holzbaur LynetteTax withheld1.9K$5.70
2026-03-31Morrissey Joseph T. Jr.Option exercise7.8K
2026-03-31Morrissey Joseph T. Jr.Tax withheld2.2K$5.70
2026-03-31Morrissey Joseph T. Jr.Option exercise17K
2026-03-31Morrissey Joseph T. Jr.Tax withheld4.8K$5.70
2026-03-31Drinane Juliana PapaOption exercise6.4K
2026-03-31Drinane Juliana PapaTax withheld2.2K$5.70
2026-03-29WALSH MATTHEW MOption exercise15K
2026-03-29Stahler Rachel AOption exercise8.2K
2026-03-29Stahler Rachel ATax withheld2.8K$5.84
2026-03-29Holzbaur LynetteOption exercise5.3K
2026-03-29Holzbaur LynetteTax withheld1.5K$5.84
2026-03-29Karp DanielOption exercise14K
2026-03-29Karp DanielTax withheld4.4K$5.84
2026-03-29Weaver KirkeOption exercise7.8K
2026-03-29Weaver KirkeTax withheld2.2K$5.84
2026-03-29Nisita VittorioOption exercise5.8K
2026-03-29Nisita VittorioTax withheld2.0K$5.84
2026-03-29Drinane Juliana PapaOption exercise8.0K
2026-03-29Drinane Juliana PapaTax withheld2.7K$5.84
2026-03-29Arjona Ferreira Juan CamiloOption exercise8.9K
2026-03-29Arjona Ferreira Juan CamiloTax withheld3.2K$5.84
2026-03-29Falcione AaronOption exercise8.4K
2026-03-29Falcione AaronTax withheld2.9K$5.84
2026-03-29WALSH MATTHEW MTax withheld5.2K$5.84
2026-03-29Morrissey Joseph T. Jr.Option exercise9.8K
2026-03-29Morrissey Joseph T. Jr.Tax withheld2.8K$5.84
2026-02-27Falcione AaronGrant24K
2026-02-27Falcione AaronTax withheld8.7K$7.17
2026-02-27Falcione AaronGrant6.7K
2026-02-27Falcione AaronTax withheld2.3K$7.23
2026-02-27WALSH MATTHEW MGrant43K
2026-02-27WALSH MATTHEW MTax withheld15K$7.17
2026-02-27WALSH MATTHEW MGrant12K
2026-02-27WALSH MATTHEW MTax withheld4.1K$7.23
2026-02-27Nisita VittorioGrant16K
2026-02-27Nisita VittorioTax withheld6.2K$7.17
2026-02-27Nisita VittorioGrant4.6K
2026-02-27Nisita VittorioTax withheld1.6K$7.23
2026-02-27Stahler Rachel AGrant23K
2026-02-27Stahler Rachel ATax withheld8.5K$7.17
2026-02-27Stahler Rachel AGrant6.5K
2026-02-27Stahler Rachel ATax withheld2.2K$7.23
2026-02-27Weaver KirkeGrant22K
2026-02-27Weaver KirkeTax withheld6.8K$7.17
2026-02-27Weaver KirkeGrant6.2K
2026-02-27Weaver KirkeTax withheld1.8K$7.23
2026-02-27Morrissey Joseph T. Jr.Grant28K
2026-02-27Morrissey Joseph T. Jr.Tax withheld8.1K$7.17
2026-02-27Morrissey Joseph T. Jr.Grant7.8K
2026-02-27Morrissey Joseph T. Jr.Tax withheld2.2K$7.23
2025-11-12COX CARRIE SMITHBuy65K$7.67
2025-11-07Drinane Juliana PapaOption exercise3.6K
2025-11-07Drinane Juliana PapaTax withheld1.2K$6.71
2025-11-07Arjona Ferreira Juan CamiloOption exercise6.4K
2025-11-07Arjona Ferreira Juan CamiloTax withheld2.3K$6.71
2025-11-07Holzbaur LynetteOption exercise2.4K
2025-11-07Drinane Juliana PapaTax withheld1.2K$6.71
2025-11-07Holzbaur LynetteTax withheld689$6.71
2025-11-05Holzbaur LynetteOption exercise3.0K
2025-11-05Holzbaur LynetteTax withheld866$6.52
2025-08-11Arjona Ferreira Juan CamiloOption exercise12K
2025-08-11Arjona Ferreira Juan CamiloTax withheld4.1K$9.22
2025-05-14COX CARRIE SMITHBuy12K$8.07
2025-05-07Falcione AaronBuy5.5K$8.77
2025-05-06Karp DanielBuy3.5K$8.24
2025-05-06Weaver KirkeBuy8.0K$9.21
2025-05-05Ali KevinBuy34K$8.80
2025-05-05WALSH MATTHEW MBuy11K$8.82
2025-03-31Nisita VittorioTax withheld2.0K$14.51
2025-03-31Nisita VittorioOption exercise4.6K
2025-03-31Nisita VittorioTax withheld1.6K$14.51
2025-03-31Nisita VittorioOption exercise2.9K
2025-03-31Nisita VittorioTax withheld981$14.51
2025-03-31Morrissey Joseph T. Jr.Option exercise9.8K
2025-03-31Morrissey Joseph T. Jr.Tax withheld4.2K$14.51
2025-03-31Morrissey Joseph T. Jr.Tax withheld3.4K$14.51
2025-03-31Morrissey Joseph T. Jr.Option exercise3.9K
2025-03-31Morrissey Joseph T. Jr.Tax withheld1.7K$14.51
2025-03-31Ali KevinOption exercise49K
2025-03-31Ali KevinTax withheld27K$14.51
2025-03-31Ali KevinOption exercise39K
2025-03-31Ali KevinTax withheld22K$14.51
2025-03-31Ali KevinOption exercise21K
2025-03-31Ali KevinTax withheld12K$14.51
2025-03-31Falcione AaronOption exercise8.4K
2025-03-31Morrissey Joseph T. Jr.Option exercise7.8K
2025-03-31DiMarco KathrynOption exercise11K
2025-03-31DiMarco KathrynTax withheld3.6K$14.51
2025-03-31DiMarco KathrynOption exercise8.5K
2025-03-31DiMarco KathrynTax withheld2.9K$14.51
2025-03-31DiMarco KathrynOption exercise4.3K
2025-03-31DiMarco KathrynTax withheld1.5K$14.51
2025-03-31Nisita VittorioOption exercise5.8K
2025-03-31Karp DanielTax withheld1.5K$14.51
2025-03-31Karp DanielOption exercise4.3K
2025-03-31Karp DanielTax withheld1.3K$14.51
2025-03-31Stahler Rachel AOption exercise8.2K
2025-03-31Stahler Rachel ATax withheld2.8K$14.51
2025-03-31Stahler Rachel AOption exercise6.6K
2025-03-31Stahler Rachel ATax withheld2.6K$14.51
2025-03-31Stahler Rachel AOption exercise3.6K
2025-03-31Stahler Rachel ATax withheld1.8K$14.51
2025-03-31WALSH MATTHEW MOption exercise15K
2025-03-31WALSH MATTHEW MTax withheld7.4K$14.51
2025-03-31WALSH MATTHEW MOption exercise12K
2025-03-31WALSH MATTHEW MTax withheld5.9K$14.51
2025-03-31WALSH MATTHEW MOption exercise7.8K
2025-03-31WALSH MATTHEW MTax withheld3.8K$14.51
2025-03-31Arjona Ferreira Juan CamiloOption exercise8.9K
2025-03-31Arjona Ferreira Juan CamiloTax withheld3.2K$14.51
2025-03-31Weaver KirkeOption exercise7.8K
2025-03-31Weaver KirkeTax withheld2.2K$14.51
2025-03-31Weaver KirkeOption exercise6.2K
2025-03-31Weaver KirkeTax withheld1.8K$14.51
2025-03-31Weaver KirkeOption exercise3.1K
2025-03-31Weaver KirkeTax withheld891$14.51
2025-03-31Weaver KirkeOption exercise4.3K
2025-03-31Weaver KirkeTax withheld1.2K$14.51
2025-03-31Falcione AaronOption exercise6.7K
2025-03-31Falcione AaronTax withheld2.6K$14.51
2025-03-31Falcione AaronOption exercise3.6K
2025-03-31Falcione AaronTax withheld1.8K$14.51
2025-03-31Karp DanielOption exercise14K
2025-03-31Karp DanielTax withheld4.4K$14.51
2025-03-31Karp DanielOption exercise11K
2025-03-31Karp DanielTax withheld3.6K$14.51
2025-03-31Karp DanielOption exercise4.9K
2025-03-29Falcione AaronTax withheld2.9K$14.51
2025-02-20Ali KevinGrant15K
2025-02-20Ali KevinTax withheld8.5K$15.29
2025-02-20WALSH MATTHEW MGrant30K
2025-02-20WALSH MATTHEW MTax withheld11K$14.92
2025-02-20WALSH MATTHEW MGrant5.6K
2025-02-20WALSH MATTHEW MTax withheld1.9K$15.29
2025-02-20Stahler Rachel AGrant14K
2025-02-20Stahler Rachel ATax withheld5.1K$14.92
2025-02-20Stahler Rachel AGrant2.6K
2025-02-20Stahler Rachel ATax withheld881$15.29
2025-02-20Nisita VittorioGrant11K
2025-02-20Nisita VittorioTax withheld4.2K$14.92
2025-02-20Nisita VittorioGrant2.1K
2025-02-20Nisita VittorioTax withheld705$15.29
2025-02-20Morrissey Joseph T. Jr.Grant15K
2025-02-20Morrissey Joseph T. Jr.Tax withheld4.7K$14.92
2025-02-20Morrissey Joseph T. Jr.Grant2.8K
2025-02-20Morrissey Joseph T. Jr.Tax withheld806$15.29
2025-02-20Falcione AaronGrant14K
2025-02-20Falcione AaronTax withheld5.2K$14.92
2025-02-20Falcione AaronGrant2.6K
2025-02-20Falcione AaronTax withheld881$15.29
2025-02-20Ali KevinGrant84K
2025-02-20Ali KevinTax withheld47K$14.92

All non-derivative Form 4 activity (SEC), newest first.

Clinical trials

TrialTitlePhaseStatusPrimary completion
NCT07265479 ↗A Study to Investigate Safety and Efficacy of Tapinarof Cream, 1% in Participants Ages 3 Months to < 24 Months With Atopic Dermatitis
Atopic Dermatitis
PHASE3Recruiting2028-01-01
NCT05172726 ↗Tapinarof for the Treatment of Plaque Psoriasis in Pediatric Subjects
Plaque Psoriasis
PHASE3Active Not Recruiting2026-10-01
NCT05560646 ↗A Study to Investigate Efficacy and Safety of OG-6219 BID in 3 Dose Levels Compared With Placebo in Participants Aged 18 to 49 With Moderate to Severe Endometriosis-related Pain
Endometriosis
PHASE2Completed2025-05-28
NCT04626596 ↗A Study to Assess Contraceptive Efficacy and Safety of Etonogestrel (ENG) Implant Beyond 3 Years of Use (MK-8415-060)
Contraception
PHASE3Completed2024-12-30
NCT05761444 ↗Effectiveness and Safety Study of Early add-on of Ezetimibe With Atorvastatin in Very High-risk Patients
Atherosclerotic Cardiovascular Disease
PHASE4Completed2024-09-04
NCT05142774 ↗Long Term Extension Study of Tapinarof Cream, 1% for Subjects With Atopic Dermatitis
Atopic Dermatitis
PHASE3Completed2024-02-29
NCT05264506 ↗Contraceptive Efficacy and Safety of NOMAC-E2 Combined Oral Contraceptive
Contraception
PHASE3Terminated2024-01-12
NCT05789576 ↗A Study to Investigate Efficacy and Safety of VTAMA® (Tapinarof) Cream, 1% in Plaque Psoriasis in the Head and Neck Region
Psoriasis
PHASE4Completed2023-06-30
NCT05680740 ↗A Study to Investigate Efficacy and Safety of VTAMA (Tapinarof) Cream, 1% in Intertriginous Plaque Psoriasis
Psoriasis
PHASE4Completed2023-05-18
NCT05014568 ↗Tapinarof for the Treatment of Atopic Dermatitis in Children and Adults
Atopic Dermatitis
PHASE3Completed2023-03-30
NCT05032859 ↗Tapinarof for the Treatment of Atopic Dermatitis in Children and Adults (DMVT-505-3102)
Atopic Dermatitis
PHASE3Completed2023-02-03
NCT05186805 ↗Maximal Use Study of Tapinarof Cream, 1% in Pediatric Subjects With Extensive Atopic Dermatitis
Atopic Dermatitis
PHASE2Completed2022-08-24
NCT04053387 ↗Long Term Extension Study of Tapinarof for Plaque Psoriasis in Adults (3003)
Plaque Psoriasis
PHASE3Completed2021-04-06
NCT03768427 ↗Ezetimibe (EZ)/Atorvastatin (Ator) (MK-0653C) vs. Ator in Chinese Hypercholesterolemic Participants (MK-0653C-439)
Hypercholesterolemia
PHASE3Completed2021-03-17
NCT03956355 ↗Tapinarof for the Treatment of Plaque Psoriasis in Adults (3001)
Plaque Psoriasis
PHASE3Completed2020-05-26
NCT03983980 ↗Tapinarof for the Treatment of Plaque Psoriasis in Adults (3002)
Plaque Psoriasis
PHASE3Completed2020-05-13
NCT03019575 ↗Efficacy and Safety of Corifollitropin Alfa (MK-8962) in Combination With Human Chorionic Gonadotropin (hCG) in Adolescent Males With Hypogonadotropic Hypogonadism (HH) (MK-8962-043)
Hypogonadotropic Hypogonadism
PHASE3Completed2020-05-05
NCT04042103 ↗Maximal Use Study of Tapinarof Cream, 1% in Adults With Extensive Plaque Psoriasis
Plaque Psoriasis
PHASE2Completed2020-01-09
NCT01327638 ↗Safety of Etoricoxib (MK-0663) in Patients With Spondyloarthropathy (SpA)/Ankylosing Spondylitis (AS) in Sweden (EP07013.013.11.082)
Spondylarthropathies; Spondylitis, Ankylosing
Completed2018-09-24
NCT01498770 ↗An Observational Drug Utilization Study of Asenapine in the United Kingdom (P08308)
Bipolar Disorder
Completed2017-12-21

Source: ClinicalTrials.gov (U.S. NIH) · active studies first.

Supply chain

Customers (0)

    Suppliers (1)

    Named in the 10-K; linked when we track them.

    Notable events (8-K)

    DateItems
    2026-06-11Exec/director changeShareholder voteExhibitsfiling ↗
    2026-04-30ResultsExhibitsfiling ↗
    2026-04-27Material agreementExec/director changeReg FDExhibitsfiling ↗
    2026-02-20OtherExhibitsfiling ↗
    2026-02-12ResultsReg FDExhibitsfiling ↗
    2025-11-10ResultsReg FDExhibitsfiling ↗
    2025-11-07Exec/director changefiling ↗
    2025-10-30Exec/director changeExhibitsfiling ↗

    Recent filings

    FormFiledPeriodAccession
    8-K2026-06-112026-06-090001104659-26-072953 ↗
    10-Q2026-05-042026-03-310001628280-26-029532 ↗
    8-K2026-04-302026-04-300001104659-26-052165 ↗
    8-K2026-04-272026-04-260001193125-26-178718 ↗
    10-K2026-02-242025-12-310001628280-26-011125 ↗
    8-K2026-02-202026-02-200001104659-26-017870 ↗
    8-K2026-02-122026-02-120001104659-26-013888 ↗
    10-K/A2025-11-102024-12-310001104659-25-108693 ↗
    10-Q/A2025-11-102025-03-310001104659-25-108732 ↗
    10-Q/A2025-11-102025-06-300001104659-25-108740 ↗
    8-K2025-11-102025-11-100001104659-25-108821 ↗
    10-Q2025-11-102025-09-300001628280-25-050795 ↗