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Alcon AG (ALC)

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Alcon Inc. is a global eye care company serving both the vision care and ophthalmic surgery markets. Formerly part of Novartis, it became an independent public company in 2019 and now operates as one of the most recognizable names in products used to correct, protect, and improve eyesight. Its business is built around long-term demand for eye health solutions driven by ageing populations, rising rates of myopia, and continued innovation in surgical and contact lens technologies.

The vision care segment includes daily and reusable contact lenses, lens care solutions, and ocular health products. Alcon’s contact lens brands include Dailies, Total1, and Air Optix, which compete across premium and mass-market categories. The company also sells products aimed at dry eye relief, allergy care, and general eye wellness, giving it a broad presence in optometry and retail channels.

Alcon’s surgical segment supplies equipment, implantable lenses, and consumables used by ophthalmologists. Its portfolio includes phacoemulsification systems for cataract surgery, such as Centurion, along with intraocular lenses including PanOptix and Vivity. These products support procedures that restore or improve vision, particularly cataract operations, one of the most common surgical categories worldwide.

A key strength of Alcon is its large installed base of surgical equipment, which can create recurring demand for consumables, service, and related products. The company competes in markets where brand trust, clinical performance, surgeon familiarity, and regulatory approvals matter. Its position combines consumer-facing vision products with specialized medical technology used in operating rooms.

67.21 USD
−0.14 (-0.21%)

Last updated

Market Cap
$32,846,595,000
P/E
74.65
P/FCF
P/S
3.83
Enterprise Value
$35,786,595,000
Sector
Health Care
Industry
Health Care Equipment
Address
Chemin de Blandonnet 8, Geneva, 1214
Market Cap
$32,846,595,000
Enterprise Value
$35,786,595,000
P/E
74.65
P/B
1.68
P/S
3.83
EV / EBITDA
33.63
EV / Sales
4.17
EPS
0.9
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
ROE
2.25%
ROA
1.59%
Debt / Equity
0.2
Current Ratio
2.16
Quick Ratio
1.31
Cash
0.44
Avg Volume
$2,029,181
Fundamentals Snapshot Price
67.35

Income Statement

Line Item 2025 Q4 2024 Q4 2023 Q4 2022 Q4 2021 Q4
Revenue 10.4B 9.91B 9.46B 8.72B 8.29B
Cost of revenue 4.66B 4.4B 4.21B 3.97B 3.64B
Gross profit 5.75B 5.51B 5.25B 4.75B 4.65B
Operating income 1.19B 1.34B 959M 978M 734M
EBITDA 2.38B 2.56B 2.19B 2.09B 1.95B
Net income 980M 1.02B 974M 335M 376M
Income taxes 180M 238M -142M 128M 42M
Interest expense -204M -192M -189M -134M -120M
Other operating expenses 115M 50M 251M 0 0
Total operating expenses 4.55B 4.18B 4.29B 3.77B 3.92B
Basic EPS 1.99 2.06 1.98 0.68 0.77
Diluted EPS 1.98 2.05 1.96 0.68 0.76

Balance Sheet

Line Item 2025 Q4 2024 Q4 2023 Q4 2022 Q4 2021 Q4
Total assets 31.56B 30.35B 29.61B 29.17B 28B
Total liabilities 9.52B 8.79B 8.99B 9.49B 8.74B
Total equity 22.04B 21.55B 20.62B 19.68B 19.26B
Cash & equivalents 1.53B 1.68B 1.09B 980M 1.58B
Current assets 6.37B 6.16B 5.65B 5.19B 5.39B
Current liabilities 3.05B 2.28B 2.4B 2.74B 2.47B
Accounts payable 926M 773M 811M 861M 903M
Receivables 1.96B 1.76B 1.8B 1.69B 1.51B
Inventories 2.39B 2.27B 2.32B 2.11B 1.9B
Goodwill 9.26B 8.95B 8.93B 8.93B 8.91B
Long-term debt 4.16B 4.54B 4.68B 4.54B 3.97B

Cash Flow

Line Item 2025 Q4 2024 Q4 2023 Q4 2022 Q4 2021 Q4
Operating cash flow 2.27B 2.08B 1.39B 1.22B 1.35B
Investing cash flow -1.34B -1.17B -1.09B -1.87B -1.2B
Financing cash flow -1.12B -322M -211M -8M -123M
Change in cash -149M 582M 114M -595M 18M
Net income 980M 1.02B 974M 335M 376M
Kind Filing Date Link
edgar index SD — ALCON INC View Filing
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edgar index 144 — ALCON INC View Filing
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edgar index DEFM14A — ALCON INC View Filing
edgar index SD — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index SCHEDULE 13G/A — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index DFAN14A — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 20-F — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index SD — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 20-F — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index SC 13G — ALCON INC View Filing
edgar index SC 13G/A — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index SD — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 144 — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 20-F — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index IRANNOTICE — ALCON INC View Filing
edgar index SC 13G — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index SC 13G/A — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index SC 13G — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index DEFA14A — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index SD — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 6-K — ALCON INC View Filing
edgar index 20-F — ALCON INC View Filing
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