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Alcon Inc (ALC)

Alcon Inc reported revenue of $10.4B in fiscal 2025, up 4.9% from a year earlier. Net income was $980M, a net margin of 9.4%. Operating cash flow minus capital spending left $1.7B of free cash flow in fiscal 2025. At December 31, 2025 it held $1.5B in cash against $4.7B of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on February 24, 2026.

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Price
$74.06
-1.44% on the day · November 10, 2026
52-week range $61.84 to $87.64
Market cap
$37B
Revenue (FY2025)
$10.4B
+4.9% year on year
Net margin
9.4%

Key facts about Alcon Inc

Net worth
Alcon Inc has a market value (market cap) of $37B at the latest share price, and shareholders' equity of $22B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $10.4B (+4.9% year on year), with net income of $980M.
Cash flow
In fiscal 2025 operations brought in $2.3B of cash; after $543M of capital spending, free cash flow was $1.7B.
Latest report
The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on February 24, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR

What Alcon Inc does

Alcon Inc is registered with the SEC under industry code SIC 3851 (Ophthalmic Goods). Its shares trade on NYSE under the ticker ALC.

Revenue and profit by year

Revenue
FY19: $7.2B $7.2B FY19FY19: $7.5B $7.5B FY19FY20: $6.8B $6.8B FY20FY21: $8.3B $8.3B FY21FY22: $8.7B $8.7B FY22FY23: $9.5B $9.5B FY23FY24: $9.9B $9.9B FY24FY25: $10.4B $10.4B FY25
Net income
FY19: -$227M -$227M FY19FY19: -$656M -$656M FY19FY20: -$531M -$531M FY20FY21: $376M $376M FY21FY22: $335M $335M FY22FY23: $974M $974M FY23FY24: $1B $1B FY24FY25: $980M $980M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$10.4B$1.4B$980M$1.98$1.7B
2024$9.9B$1.4B$1B$2.05$1.6B
2023$9.5B$1B$974M$1.96$730M
2022$8.7B$672M$335M$0.68$581M
2021$8.3B$580M$376M$0.76$645M
2020$6.8B-$482M-$531M-$1.09$344M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Where ALC ranks in Health care

Revenue$10.4B
#46 of 751 in Health care · Top 6%
Revenue growth+4.9%
#354 of 532 in Health care · Bottom 34%
Net margin9.4%
#115 of 544 in Health care · Top 21%
Free cash flow margin16.6%
#81 of 490 in Health care · Top 16%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Dividends

It paid out $166M in cash dividends, 17% of its net income.

Fiscal yearPer sharePaid outOf profit
2025n/a$166M17%
2024n/a$130M13%
2023n/a$116M12%
2022n/a$100M30%
2021n/a$54M14%
2020n/a$0n/a

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Alcon Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 10, 2026
  2. May 15, 2026
  3. May 5, 2026
  4. April 2, 2026
  5. February 24, 2026
  6. February 24, 2026
    Annual report (foreign issuer) 20-F · period to December 31, 2025Revenue rose 4.9% to $10.4B versus the prior year; diluted EPS $1.98 versus $2.05.
  7. February 24, 2026
  8. January 7, 2026
  9. December 9, 2025
  10. November 12, 2025

Recent insider filings (Forms 3, 4 and 144): 10, the latest on February 26, 2026. Insider transactions on SEC

Insider trades

What the people running Alcon Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

All filings on SEC EDGAR

Questions about ALC

What does Alcon Inc do?

Alcon Inc is a company in the Health care sector, listed on NYSE as ALC. Its shares trade on NYSE under the ticker ALC.

What is Alcon Inc's net worth?

Alcon Inc has a market value (market cap) of $37B at the latest share price, and shareholders' equity of $22B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Alcon Inc profitable?

Yes. In fiscal 2025 it reported net income of $980M on revenue of $10.4B, a net margin of 9.4%.

How much revenue does Alcon Inc make?

In fiscal 2025 Alcon Inc reported revenue of $10.4B. That is 4.9% more than a year earlier.

When did Alcon Inc last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on February 24, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from August 10, 2026.

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Where the numbers come from

Financial figures are the values Alcon Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.