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Alcon vs Cooper Companies: revenue, profit, margins and growth compared

Alcon brought in $10.4B of revenue in fiscal 2025, Cooper Companies $4.1B in fiscal 2025. Revenue changed by +4.9% at Alcon and +5.1% at Cooper Companies on the year before, so Cooper Companies grew faster. Alcon kept 9.4% of its revenue as net profit, Cooper Companies 9.2%. Free cash flow was $1.7B at Alcon and $433.7M at Cooper Companies.

Side by side, latest fiscal year

ALCCOO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (October 31, 2025)
Revenue$10.4B$4.1B
Revenue growth+4.9%+5.1%
Net income$980M$374.9M
Net margin9.4%9.2%
Free cash flow$1.7B$433.7M
Free cash flow margin16.6%10.6%
Earnings per share (diluted)$1.98$1.87
Cash$1.5B$110.6M
Debt$4.7B$2.5B
Price to earningsn/a29.6
Market value$32.2B$10.8B
Dividend yieldn/an/a
Rank by revenue in sector#44 of 523 · Health care#70 of 523 · Health care

Over the years

Revenue
ALC FY2019: $7.2BALC FY2019: $7.5BALC FY2020: $6.8BALC FY2021: $8.3BALC FY2022: $8.7BALC FY2023: $9.5BALC FY2024: $9.9BALC FY2025: $10.4BCOO FY2018: $2.5BCOO FY2019: $2.7BCOO FY2020: $2.4BCOO FY2021: $2.9BCOO FY2022: $3.3BCOO FY2023: $3.6BCOO FY2024: $3.9BCOO FY2025: $4.1BFY18FY19FY20FY21FY22FY23FY24FY25
ALC $10.4BCOO $4.1B
Net income
ALC FY2019: -$227MALC FY2019: -$656MALC FY2020: -$531MALC FY2021: $376MALC FY2022: $335MALC FY2023: $974MALC FY2024: $1BALC FY2025: $980MCOO FY2018: $139.9MCOO FY2019: $466.7MCOO FY2020: $238.4MCOO FY2021: $2.9BCOO FY2022: $385.8MCOO FY2023: $294.2MCOO FY2024: $392.3MCOO FY2025: $374.9MFY18FY19FY20FY21FY22FY23FY24FY25
ALC $980MCOO $374.9M
Net margin
ALC FY2019: -3.2%ALC FY2019: -8.7%ALC FY2020: -7.8%ALC FY2021: 4.5%ALC FY2022: 3.8%ALC FY2023: 10.3%ALC FY2024: 10.3%ALC FY2025: 9.4%COO FY2018: 5.5%COO FY2019: 17.6%COO FY2020: 9.8%COO FY2021: 100.8%COO FY2022: 11.7%COO FY2023: 8.2%COO FY2024: 10.1%COO FY2025: 9.2%FY18FY19FY20FY21FY22FY23FY24FY25
ALC 9.4%COO 9.2%
Revenue growth
ALC FY2019: +5.0%ALC FY2020: -9.0%ALC FY2021: +21.3%ALC FY2022: +5.1%ALC FY2023: +8.5%ALC FY2024: +4.8%ALC FY2025: +4.9%COO FY2019: +4.8%COO FY2020: -8.4%COO FY2021: +20.2%COO FY2022: +13.2%COO FY2023: +8.6%COO FY2024: +8.4%COO FY2025: +5.1%FY19FY20FY21FY22FY23FY24FY25
ALC +4.9%COO +5.1%
Free cash flow
ALC FY2019: $616MALC FY2019: $367MALC FY2020: $344MALC FY2021: $645MALC FY2022: $581MALC FY2023: $730MALC FY2024: $1.6BALC FY2025: $1.7BCOO FY2018: $475.3MCOO FY2019: $421.1MCOO FY2020: $176.2MCOO FY2021: $524.2MCOO FY2022: $450.4MCOO FY2023: $215MCOO FY2024: $288.1MCOO FY2025: $433.7MFY18FY19FY20FY21FY22FY23FY24FY25
ALC $1.7BCOO $433.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Alcon and Cooper Companies

Which is bigger by revenue, Alcon or Cooper Companies?

Alcon is bigger by revenue: $10.4B in fiscal 2025, against $4.1B for Cooper Companies in fiscal 2025.

Which keeps more of its revenue as profit, Alcon or Cooper Companies?

Alcon had a net margin of 9.4% in fiscal 2025; Cooper Companies had 9.2% in fiscal 2025.

Which grew revenue faster, Alcon or Cooper Companies?

In their latest fiscal years revenue changed by +4.9% at Alcon and +5.1% at Cooper Companies.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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