ALC Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $63.76
P/E (TTM) 8.8
EPS (TTM) $7.28
Revenue (TTM) $7.18B
ROE 4.5%
52W Range $62–$88

ALC Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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About Alcon Inc. Ordinary Shares Company overview from Wikipedia

05 · wikidata

Alcon Inc. (German: Alcon AG) is a Swiss-American pharmaceutical and medical device company specializing in eye care products. Alcon is incorporated in the Canton of Fribourg, Switzerland, and its global headquarters are located in Geneva, but its main operational base is in Fort Worth, Texas, United States, where it employs about 4,500 people.

Alcon was a subsidiary of Novartis until April 2019, when it was spun out into a separate publicly traded company. Alcon itself has a number of subsidiaries, including Aerie Pharmaceuticals, focused on therapies for glaucoma and other diseases of the eye, and WaveLight, which develops and manufactures laser eye surgery technologies.

## History

Alcon was founded in 1945 as a small pharmacy in Fort Worth, Texas, United States. It was named for its founders, pharmacists Robert Alexander and William Conner who focused on sterile ophthalmic products.

Nestlé of Switzerland purchased Alcon in 1977. Alcon expanded its manufacturing capability with new plants in South America and Europe and drastically increased its investment in research.

In 1979, Alcon acquired Texas Pharmacal Company which became Dermatological Products of Texas (and is now DPT Laboratories).

In 1984, Alcon founded the Technical Excellence Award to promote achievements in R&D excellence and has awarded it to more than 100 recipients. The Alcon product line has expanded from pharmaceuticals to the surgical arena. Today, Alcon has operations in 75 countries and its products are sold in over 180 countries.

Nestlé conducted an initial public offering of 25% of its stake in Alcon in 2002. The stock is traded under the ticker symbol ALC. In July 2008, Novartis purchased approximately 25% of Nestlé's stake in Alcon, with an option to buy Nestlé's remaining shares beginning in 2010. Novartis bought 52% stake from Nestlé for $28.1 Billion. This deal brought the total ownership of Alcon by Novartis to 77%. Beginning January 2010 Novartis formally announced it will be completing the exercise options for finishing purchasing the rest of Alcon and then promptly continue to exercise merger and takeover of Alcon.

On March 29, 2010, Alcon acquired Durezol and Zyclorin from Sirion Therapeutics. Alcon received regulatory approval to acquire the rights of Durezol emulsion in the US and the global rights, excluding Latin America, for Zyclorin from Sirion Therapeutics.

On April 9, 2019, Alcon completed a 100% spin-off from Novartis. The new standalone company is worth up to 28 billion Swiss francs.

In November 2021, Alcon announced it would acquire Ivantis and their glaucoma surgery stent technology for at least $475 million. In August 2022, Alcon agreed to buy Aerie Pharmaceuticals for US$770 million to enhance its ophthalmic pharmaceutical portfolio.

In March 2025, Alcon announced its acquisition of LENSAR, maker of the ALLY Robotic Cataract Laser Treatment System, for $356 million, with the transaction expected to close in the second half of 2025.

In September 2025, Alcon announced the acquisition of LumiThera, Inc., a leader in light-based innovations for ophthalmology.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorHealth Care industryHealth Care employees25,000 countryCH

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$10.40B
2010-12-31 → 2025-12-31
EPS$1.98
2010-12-31 → 2025-12-31
Free Cash Flow$1.73B
2019-12-31 → 2025-12-31
Net margin30.8%
2019-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend ALC 5Y avg Peer Median Verdict
P/E (TTM) 8.85Y avg ≈67.3 ≈67.3 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Payout Ratio16.9%
Annualized Payout≈$0.36Paid annually
Growth Streak≈3Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
May 5, 2026$0.36USD≈0.48%
May 13, 2025$0.33USD≈0.35%
May 14, 2024$0.26USD≈0.30%
May 10, 2023$0.24USD≈0.29%
May 3, 2022$0.21USD≈0.29%
May 4, 2021$0.11USD≈0.15%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 3.0%
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 $0.84 $0.76 10.5%
March 31, 2026 $0.85 $0.82 3.4%
Dec. 31, 2025 $0.78 $0.79 -1.6%
Sept. 30, 2025 $0.79 $0.77 2.9%
June 30, 2025 $0.76 $0.73 4.5%
March 31, 2025 $0.78 $0.79 -1.6%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 17
Metric Trend 202520242023202220212020201920182010200920082007
Revenue $10.40B$9.91B$9.46B$8.72B$8.29B$6.83B$7.51B$7.15B$7.18B$6.50B$6.29B$5.60B
Cost of Revenue $4.59B$4.33B$4.14B$3.91B$3.58B$3.83B$3.72B$3.96B$1.68B$1.61B$1.47B$1.40B
Gross Profit $5.75B$5.51B$5.25B$4.75B$4.65B$2.94B$3.66B$3.19B$5.50B$4.88B$4.82B$4.20B
R&D Expense $990M$876M$828M$702M$842M$673M$656M$587M$747M$665M$619M$564M
SG&A Expense $3.45B$3.25B$3.21B$3.07B$3.08B$2.69B$2.85B$2.80B····
Operating Income $1.36B$1.41B$1.04B$672M$580M$-482M$-187M$-248M$2.48B$2.26B$2.21B$1.88B
Interest Expense $204M$192M$189M$134M$120M$124M$113M$24M$9M$16M$51M$50M
Interest Income $74M$84M$45M$16M$3M$6M$8M$2M····
Other Non-op ········$35M$25M$-134M$16M
Pretax Income $1.16B$1.26B$832M$463M$418M$-635M$-332M$-300M$2.53B$2.31B$2.08B$1.93B
Income Tax $180M$238M$-142M$128M$42M$-104M$324M$-73M$317M$306M$36M$343M
Net Income $980M$1.02B$974M$335M$376M$-531M$-656M$-227M$2.21B$2.01B$2.05B$1.59B
EPS (Basic) $1.99$2.06$1.98$0.68$0.77$-1.09$-1.34$-0.46$7.34$6.72$6.86$5.32
EPS (Diluted) $1.98$2.05$1.96$0.68$0.76$-1.09$-1.34$-0.46$7.27$6.66$6.79$5.25
Shares (Basic) 493,200,000494,400,000493,000,000491,400,000490,000,000489,000,000488,200,000488,200,000300,932,749298,847,072298,504,732·
Shares (Diluted) 496,200,000497,500,000496,500,000494,400,000493,400,000489,000,000488,200,000488,200,000304,104,272301,348,181301,582,676302,162,019,000,000
EBITDA $1.36B$1.41B$1.04B$672M$580M$-482M$-187M·····
Balance Sheet 28
Metric Trend 202520242023202220212020201920182010200920082007
Cash & Equivalents $1.53B$1.68B$1.09B$980M$1.57B$1.56B$822M$227M$2.52B$3.01B$2.45B$2.13B
Short-term Investments ········$889M$479M$564M·
Receivables ········$1.48B$1.35B$1.17B·
Inventory $2.39B$2.27B$2.32B$2.11B$1.90B$1.64B$1.50B$1.44B$693M$626M$574M·
Other Current Assets ········$307M$213M$243M·
Current Assets $6.45B$6.31B$5.65B$5.19B$5.39B$4.99B$4.24B$3.40B$6.07B$5.83B$5.22B·
PP&E (Net) $4.77B$4.39B$4.37B$4.03B$3.71B$3.42B$3.11B$2.80B$1.39B$1.30B$1.14B·
PP&E (Gross) ········$2.87B$2.65B··
Accum. Depreciation ········$1.48B$1.35B··
Goodwill $9.26B$8.95B$8.93B$8.93B$8.90B$8.90B$8.90B$8.90B$833M$688M$645M·
Intangibles $9.01B$8.59B$9.06B$9.69B$8.77B$9.10B$10.23B$10.68B$953M$255M$91M·
Other Non-current Assets ········$171M$142M$92M·
Total Assets $31.55B$30.35B$29.61B$29.16B$28.00B$27.60B$27.66B$27.06B$10.07B$8.69B$7.55B·
Accounts Payable ········$370M$321M$199M·
Short-term Debt ········$337M$607M$1.06B·
Current Liabilities $3.05B$2.28B$2.40B$2.74B$2.47B$2.26B$2.30B$1.89B$1.79B$1.98B$2.19B·
Deferred Tax ········$65M$59M$22M·
Other Non-current Liabilities ········$965M$691M$587M·
Total Liabilities $9.52B$8.79B$8.99B$9.49B$8.74B$8.78B$8.35B$4.42B····
Long-term Debt ········$62M$56M$62M·
Common Stock ········$42M$42M$42M·
Paid-in Capital ········$1.67B$1.53B$1.45B·
Retained Earnings ········$5.71B$4.53B$3.70B·
Treasury Stock ········$263M$408M$579M·
AOCI ········$98M$203M$80M·
Stockholders' Equity $22.03B$21.55B$20.62B$19.68B$19.26B$18.82B$19.30B$22.64B$7.25B$5.91B$4.69B$3.38B
Liabilities + Equity ········$10.07B$8.69B$7.55B·
Shares Outstanding ········302,390,266299,550,733298,648,353297,662,706
Cash Flow 14
Metric Trend 202520242023202220212020201920182010200920082007
Stock-based Comp ·········$74M$83M$84M
Deferred Tax ········$4M$51M$-146M$-26M
Amort. of Intangibles ········$60M$24M$29M$51M
Operating Cash Flow $2.27B$2.08B$1.39B$1.22B$1.34B$823M$920M$1.14B$2.38B$2.42B$2.03B$1.47B
CapEx $543M$473M$658M$636M$700M$479M$553M$524M$309M$342M$302M$227M
Investing Cash Flow $-1.34B$-1.17B$-1.09B$-1.86B$-1.20B$-572M$-1.01B$-1.00B$-1.71B$-390M$-365M$-227M
Debt Issued ·········$0$0$1M
Stock Repurchased ········$33M$7M$127M$1.00B
Dividends Paid $166M$130M$116M$100M$54M$0$0·$1.04B$1.05B$749M$613M
Financing Cash Flow $-1.12B$-322M$-211M$-8M$-123M$466M$659M$-78M$-1.15B$-1.48B$-1.33B$-607M
Net Change in Cash ········$-482M$558M$315M$645M
Taxes Paid ········$284M$262M$232M·
Free Cash Flow $1.73B$1.60B$730M$581M$645M$344M$367M·····
Levered FCF $1.56B$1.45B$509M$484M$537M$240M$144M·····
Profitability 8
Metric Trend 202520242023202220212020201920182010200920082007
Gross Margin 55.2%55.6%55.5%54.5%56.1%43.0%48.8%·····
Operating Margin 13.1%14.3%11.0%7.7%7.0%-7.0%-2.5%·····
Net Margin 9.4%10.3%10.3%3.8%4.5%-7.8%-8.7%·····
Pretax Margin 11.2%12.7%8.8%5.3%5.0%-9.3%-4.4%·····
EBITDA Margin 13.1%14.3%11.0%7.7%7.0%-7.0%-2.5%·····
ROA 3.2%3.4%3.3%1.2%1.4%-1.9%-2.4%·····
ROE 4.5%4.8%4.8%1.7%2.0%-2.8%-3.1%·····
ROIC 5.2%5.3%5.9%2.5%2.7%-2.1%-1.9%·····
Liquidity & Solvency 3
Metric Trend 202520242023202220212020201920182010200920082007
Current Ratio 2.12.82.31.92.22.21.8·····
Quick Ratio 0.50.70.40.40.60.70.4·····
Interest Coverage 6.77.45.55.04.8-3.9-1.7·····
Efficiency 2
Metric Trend 202520242023202220212020201920182010200920082007
Asset Turnover 0.30.30.30.30.30.20.3·····
Inventory Turnover 2.01.91.92.02.02.42.5·····
Per Share 3
Metric Trend 202520242023202220212020201920182010200920082007
Revenue / Share $20.96$19.92$19.04$17.63$16.80$13.97$15.38·····
Cash Flow / Share $4.58$4.17$2.80$2.46$2.73$1.68$1.88·····
EPS (TTM) $1.98$2.05$1.96$0.68$0.76$-1.09$-1.34·····
Valuation (TTM) 6
Metric Trend 202520242023202220212020201920182010200920082007
Revenue TTM $10.40B$9.91B$9.46B$8.72B$8.29B$6.83B$7.51B·····
Net Income TTM $980M$1.02B$974M$335M$376M$-531M$-656M·····
P/E 39.841.439.9100.8114.6-60.5-42.2·····
Earnings Yield 2.5%2.4%2.5%0.99%0.87%-1.7%-2.4%·····
Payout Ratio 16.9%12.8%11.9%29.8%14.4%·······
Annual Payout $166M$130M$116M$100M$54M$0$0·····

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $10.40B $9.91B $9.46B $8.72B $8.29B
Gross Margin % 55.2% 55.6% 55.5% 54.5% 56.1%
Operating Margin % 13.1% 14.3% 11.0% 7.7% 7.0%
Net Income $980M $1.02B $974M $335M $376M
Diluted EPS $1.98 $2.05 $1.96 $0.68 $0.76

Institutional owners (13F) 708 filers · $18.3B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 708
Value held $18.3B
New positions 79
Exited positions 86
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
79 (-18 vs prior Q) 86 (+17 vs prior Q) 159 (-34 vs prior Q) 281 (+28 vs prior Q) +19.8M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $1,698,441,362 21,464,480 9.28% Shares
VANGUARD CAPITAL MANAGEMENT LLC $994,564,314 14,749,582 5.43% Shares
Bank of New York Mellon Corp $876,189,320 13,057,962 4.78% Shares
NORGES BANK $741,431,995 10,976,697 4.05% Shares
Invesco Ltd. $696,520,277 10,380,332 3.80% Shares
Aristotle Capital Management, LLC $614,295,592 9,154,828 3.35% Shares
Zurcher Kantonalbank (Zurich Cantonalbank) $535,795,507 7,915,741 2.93% Shares
FMR LLC $514,221,298 7,662,988 2.81% Shares
UBS Group AG $480,188,202 7,156,307 2.62% Shares
Amundi $445,380,481 6,637,563 2.43% Shares
SIH Partners, LLLP $401,949,130 5,990,300 2.20% Put option
Select Equity Group, L.P. $390,260,022 5,766,342 2.13% Shares
Vontobel Holding Ltd. $381,222,272 5,643,891 2.08% Shares
Pictet Asset Management Holding SA $374,595,529 5,534,203 2.05% Shares
DEUTSCHE BANK AG\ $358,758,941 5,346,631 1.96% Shares
UBS Group AG $338,047,854 5,037,971 1.85% Call option
GOLDMAN SACHS GROUP INC $313,837,596 4,677,162 1.71% Shares
VANGUARD FIDUCIARY TRUST CO $290,970,295 4,315,146 1.59% Shares
Allspring Global Investments Holdings, LLC $274,046,394 4,101,263 1.50% Shares
ROYAL BANK OF CANADA $269,495,000 4,016,341 1.47% Shares
Legal & General Group Plc $258,055,793 3,812,475 1.41% Shares
WGI DM, LLC $232,375,553 3,463,123 1.27% Shares
Southpoint Capital Advisors LP $228,140,000 3,400,000 1.25% Shares
Troy Asset Management Ltd $207,564,521 3,801,548 1.13% Shares
BANK OF AMERICA CORP /DE/ $165,388,819 2,464,811 0.90% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $160,738,030 2,388,071 0.88% Shares
CAISSE DES DEPOTS ET CONSIGNATIONS $160,694,764 2,374,092 0.88% Shares
JPMORGAN CHASE & CO $150,166,761 2,221,073 0.82% Shares
DIMENSIONAL FUND ADVISORS LP $149,522,514 2,228,302 0.82% Shares
VANGUARD ASSET MANAGEMENT, Ltd $145,859,114 2,163,119 0.80% Shares
BNP PARIBAS ASSET MANAGEMENT Holding S.A. $141,279,713 2,091,787 0.77% Shares
CANADA PENSION PLAN INVESTMENT BOARD $132,275,538 1,958,303 0.72% Shares
Focus Partners Wealth $128,096,242 1,907,874 0.70% Shares
BARCLAYS PLC $125,758,821 1,874,200 0.69% Shares
D. E. Shaw & Co., Inc. $124,655,897 1,857,763 0.68% Shares
CIBC Private Wealth Group LLC $120,584,118 1,618,796 0.66% Shares
Bank Julius Baer & Co. Ltd, Zurich $120,549,426 1,781,615 0.66% Shares
Clearbridge Investments, LLC $113,074,300 1,685,161 0.62% Shares
THORNBURG INVESTMENT MANAGEMENT INC $109,653,266 1,632,356 0.60% Shares
CITIGROUP INC $104,476,376 1,543,514 0.57% Shares
1832 Asset Management L.P. $101,140,031 1,507,303 0.55% Shares
KING LUTHER CAPITAL MANAGEMENT CORP $99,143,873 1,477,554 0.54% Shares
Compagnie Lombard Odier SCmA $92,664,274 1,369,005 0.51% Shares
Liontrust Investment Partners LLP $92,504,035 1,366,637 0.51% Shares
Fiera Capital Corp $92,410,523 1,377,206 0.50% Shares
MORGAN STANLEY $90,174,065 1,343,873 0.49% Shares
PRIMECAP MANAGEMENT CO/CA/ $89,972,108 1,340,866 0.49% Shares
Rudius Management LP $87,761,029 1,307,914 0.48% Shares
Banque Cantonale Vaudoise $78,402,000 1,158,270 0.43% Shares
Allianz Asset Management GmbH $75,013,727 1,108,247 0.41% Shares

Show all 708 institutional owners →

Activists & 5%+ owners 1 position

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Novartis AG ×8 filings March 25, 2011 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 35 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
EQTY · Valued Advisers Trust 2.98% 616,566 NS July 31, 2026 N-PORT
EWL · iShares, Inc. 1.98% 685,049 SH Sept. 11, 2026 Daily
IXJ · iShares Trust 0.42% 262,111 SH Sept. 11, 2026 Daily
ESGD · iShares Trust 0.33% 602,662 SH Sept. 11, 2026 Daily
DMXF · iShares Trust 0.30% 42,350 SH Sept. 11, 2026 Daily
IEV · iShares Trust 0.24% 57,904 SH Sept. 11, 2026 Daily
IEUR · iShares Trust 0.21% 289,698 SH Sept. 11, 2026 Daily
VGK · VANGUARD INTERNATIONAL EQUITY INDEX… 0.21% 1,170,257 SH Aug. 19, 2026 Daily
EFV · iShares Trust 0.19% 900,048 SH Sept. 11, 2026 Daily
DFIV · Dimensional ETF Trust 0.16% 488,152 NS July 31, 2026 N-PORT
PABD · iShares Trust 0.16% 7,623 SH Sept. 11, 2026 Daily
IMFL · Invesco Exchange-Traded Self-Indexe… 0.15% 24,889 SH Oct. 1, 2026 Daily
EFA · iShares Trust 0.15% 1,767,646 SH Sept. 11, 2026 Daily
INTF · iShares Trust 0.14% 80,343 SH Sept. 11, 2026 Daily
IEFA · iShares Trust 0.13% 3,717,633 SH Sept. 11, 2026 Daily
EFG · iShares Trust 0.11% 274,128 SH Sept. 11, 2026 Daily
IDEV · iShares Trust 0.11% 532,238 SH Sept. 11, 2026 Daily
DFAI · Dimensional ETF Trust 0.10% 262,271 NS July 31, 2026 N-PORT
DFIC · Dimensional ETF Trust 0.10% 221,136 NS July 31, 2026 N-PORT
VEA · VANGUARD TAX-MANAGED FUNDS 0.10% 4,758,876 SH Aug. 19, 2026 Daily
VSGX · VANGUARD WORLD FUND 0.10% 98,214 SH Aug. 19, 2026 Daily
PXF · Invesco Exchange-Traded Fund Trust … 0.10% 44,917 SH Oct. 1, 2026 Daily
ACWX · iShares Trust 0.09% 161,852 SH Sept. 11, 2026 Daily
VEU · VANGUARD INTERNATIONAL EQUITY INDEX… 0.08% 1,139,139 SH Aug. 19, 2026 Daily
IXUS · iShares Trust 0.08% 679,394 SH Sept. 11, 2026 Daily
VXUS · VANGUARD STAR FUNDS 0.07% 7,162,408 SH Aug. 19, 2026 Daily
DXIV · Dimensional ETF Trust 0.07% 2,004 NS July 31, 2026 N-PORT
DFAX · Dimensional ETF Trust 0.07% 116,867 NS July 31, 2026 N-PORT
DFSI · Dimensional ETF Trust 0.06% 10,784 NS July 31, 2026 N-PORT
EFAV · iShares Trust 0.05% 38,852 SH Sept. 11, 2026 Daily
TOK · iShares Trust 0.04% 1,354 SH Sept. 11, 2026 Daily
URTH · iShares, Inc. 0.04% 44,091 SH Sept. 11, 2026 Daily
ACWI · iShares Trust 0.03% 158,434 SH Sept. 11, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.03% 419,654 SH Aug. 19, 2026 Daily
CRBN · iShares Trust 0.02% 3,453 SH Sept. 11, 2026 Daily

ALC Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 22 analysts BUY
Median target $85.00 +33.3%
4 18.2% Strong Buy
12 54.5% Buy
4 18.2% Hold
2 9.1% Sell
0 0.0% Strong Sell

12-Month Price Target

15 analysts · 2026-09-30

Mean target $84.45 +32.4%

Now Current price $63.76
Low$62.00 Mean$84.45 High$103.00

Latest News Recent headlines mentioning this company

23

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 20-F filed Feb 24, 2026