Alcon (ALC.SW) Stock Price

Alcon Price

🇨🇭SIX·CLOSED
77.77USD
Market closed
Today +/-
-0.63 USD
Today %
-0.80 %

Alcon (ALC.SW) — ISIN CH0432492467. The Alcon stock price was 77.77 USD in 2026. Revenue was 11.25 B USD. Earnings were 1.71 B USD. P/E ratio was 22.61. Alcon operates in the Health sector.

Alcon stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Alcon over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Alcon stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Alcon's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Alcon Stock Price History
DateAlcon Price
3/16/202677.77 USD
3/13/202678.39 USD
3/12/202678.69 USD
3/11/202680.98 USD
3/10/202680.59 USD
3/9/202681.73 USD
3/6/202682.48 USD
3/5/202684.38 USD
2/27/202686.29 USD
2/26/202687.12 USD
2/25/202685.42 USD
2/23/202683.15 USD
2/20/202683.25 USD
2/19/202681.61 USD
2/18/202681.51 USD
2/17/202681.00 USD
2/16/202679.38 USD

Alcon Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2016
6.6 B USD
56 M USD
-170 M USD
Jan 1, 2017
6.79 B USD
100 M USD
256 M USD
Jan 1, 2018
7.15 B USD
199 M USD
-227 M USD
Jan 1, 2019
7.51 B USD
225 M USD
-656 M USD
Jan 1, 2020
6.83 B USD
-78 M USD
-531 M USD
Jan 1, 2021
8.29 B USD
930 M USD
376 M USD
Jan 1, 2022
8.72 B USD
524 M USD
335 M USD
Jan 1, 2023
9.46 B USD
1.18 B USD
974 M USD
Jan 1, 2024
9.91 B USD
1.35 B USD
1.02 B USD
Invalid Date
10.48 B USD
1.98 B USD
1.53 B USD
Invalid Date
11.25 B USD
2.24 B USD
1.71 B USD
Invalid Date
11.99 B USD
2.54 B USD
1.99 B USD
Invalid Date
12.59 B USD
2.9 B USD
2.25 B USD
Invalid Date
13.43 B USD
3.25 B USD
2.59 B USD

Alcon Income Statement, Balance Sheet, Cash Flow Statement

Last updated Mar 17, 2026, 6:29 PM
 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B USD)
NET INCOME (B USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
2016201720182019202020212022202320242025e2026e2027e2028e2029e2030e2031e
6.66.797.157.516.838.298.729.469.9110.4811.2511.9912.5913.4314.1914.65
2.975.324.96-8.9921.345.148.474.825.707.366.624.986.665.703.21
47.4547.1749.9048.6945.2456.6455.1755.5755.6552.6449.0445.9943.8141.0738.8637.65
3.133.23.573.663.094.74.815.255.525.525.525.525.525.525.525.52
-0.170.26-0.23-0.66-0.530.380.340.971.021.531.711.992.252.592.790
-250.59-188.67188.99-19.05-170.81-10.90190.754.5250.3911.6916.5512.7914.998.05
-----0.100.200.210.480.280.760.90----
100.005.00128.57-41.67171.4318.42
488.7488.7488.7488.2489493.4494.4496.5497.5497.5497.5497.5497.5497.5497.5497.5
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Alcon generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Alcon retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Alcon's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Alcon has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Alcon's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

 
ASSETS
CASH BALANCE (B USD)
RECEIVABLES (B USD)
OTHER REC. (M USD)
INVENTORIES (B USD)
OTHER CURRENT LIAB. (M USD)
CURRENT ASSETS (B USD)
TANGIBLE ASSETS (B USD)
LONG-T. INVEST. (M USD)
LONG-T. REC. (M USD)
INTANGIBLE ASSETS (B USD)
GOODWILL (B USD)
OTHER NON-CURRENT ASSETS (M USD)
NON-CURRENT ASSETS (B USD)
TOTAL ASSETS (B USD)
LIABILITIES
COMMON STOCK (M USD)
ADDITIONAL PAID-IN CAPITAL (M USD)
RETAINED EARNINGS (B USD)
OTHER EQUITY (M USD)
UNREAL. GAINS/LOSSES (M USD)
EQUITY (B USD)
LIABILITIES (M USD)
PROVISIONS (B USD)
OTHER SHORT-TERM LIAB. (B USD)
SHORT-TERM DEBTS (M USD)
LONG-TERM DEBT PORTION (M USD)
SHORT-TERM REC. (B USD)
LONG-T. LIAB. (B USD)
DEFERRED TAXES (B USD)
OTHER LIAB. (B USD)
LONG-T. LIABILITIES (B USD)
DEBT (B USD)
TOTAL CAPITAL (B USD)
20172018201920202021202220232024
        
0.170.230.861.571.580.981.11.83
1.351.251.391.361.51.671.771.74
337376350288318316340346
1.31.441.511.641.92.112.322.27
13010313612595115226129
3.293.44.244.995.395.195.766.31
2.562.883.443.784.084.424.724.84
5146594052108309751
264251170139130141170166
11.5410.6810.239.18.779.699.068.59
8.98.98.918.918.918.938.938.95
790909617649678692779750
24.123.6623.4222.6122.6123.9723.9724.04
27.3927.0627.6627.62829.1729.7330.35
        
00202020202020
00000000
22.9722.6519.3618.919.3619.6720.621.69
6212-47-65-881712-90
0-23-25-32-32-33-32-65
23.0322.6419.318.8219.2619.6820.621.55
615663833876903861811773
0.70.70.790.780.971.11.161.11
0.40.490.370.370.430.611.460.23
00291262658
6547277220168142119161
1.781.892.32.262.472.743.562.28
0.080.093.54.264.314.95.014.97
1.641.531.391.21.031.060.80.72
0.860.911.171.060.940.790.780.83
2.582.536.056.526.276.756.596.52
4.364.428.358.788.749.4910.158.79
27.3927.0627.6627.62829.1730.7530.35
Details

Balance Sheet

What Is the Balance Sheet?

The balance sheet is a financial snapshot of Alcon at a specific point in time. It follows the fundamental equation: Assets = Liabilities + Shareholders' Equity. Unlike the income statement (which covers a period), the balance sheet tells you what the company owns, what it owes, and what belongs to shareholders at a given date.

Assets

Current assets (cash, receivables, inventory) can be converted to cash within 12 months and indicate short-term liquidity. Non-current assets (property, equipment, intangible assets, goodwill) represent long-term investments. A high proportion of cash and short-term investments gives Alcon financial flexibility to weather downturns, fund acquisitions, or return capital to shareholders.

Liabilities

Current liabilities (accounts payable, short-term debt) are obligations due within one year. Non-current liabilities (long-term debt, pension obligations) are due further out. Key ratio to watch: the debt-to-equity ratio (Total Debt ÷ Shareholders' Equity). A ratio below 1.0 is generally healthy, meaning the company is funded more by equity than debt. Highly leveraged companies amplify both gains and losses.

Shareholders' Equity

Equity is the residual value belonging to shareholders after all debts are paid. It includes retained earnings (accumulated profits not paid out as dividends) and paid-in capital. Rising equity year over year is a positive sign — it means Alcon is building book value. Declining equity, especially when driven by losses or heavy share buybacks funded by debt, warrants closer scrutiny.

Key Ratios to Derive

From the balance sheet, you can calculate the current ratio (current assets ÷ current liabilities; above 1.5 is comfortable), book value per share (equity ÷ shares outstanding), and return on equity (net income ÷ equity; above 15 % is strong). Tracking these ratios over time reveals whether Alcon is strengthening or weakening its financial position.

 
NET INCOME (B USD)
DEPRECIATION (B USD)
DEFERRED TAXES (M USD)
CHANGES IN WORKING CAPITAL (M USD)
NON-CASH ITEM (M USD)
PAID INTEREST (M USD)
PAID TAXES (M USD)
NET CASH FLOW FROM OPERATING ACTIVITIES (B USD)
CAPITAL EXPENDITURES (M USD)
CASH FLOW FROM INVESTING ACTIVITIES (M USD)
CASH FLOW FROM OTHER INVESTING ACTIVITIES (M USD)
INTEREST INCOME AND EXPENSES (M USD)
NET DEBT CHANGE (B USD)
NET CHANGE IN EQUITY (M USD)
CASH FLOW FROM FINANCING ACTIVITIES (M USD)
CASH FLOW FROM OTHER FINANCING ACTIVITIES (USD)
TOTAL DIVIDENDS PAID (M USD)
NET CHANGE IN CASH FLOW (M USD)
FREE CASH FLOW (M USD)
SHARE-BASED COMPENSATION (M USD)
201620172018201920202021202220232024
-0.170.26-0.23-0.66-0.530.380.340.971.02
1.291.331.621.431.621.221.121.221.23
000000000
-97-133-199-415-357-656-896-1,062-715
276-16837653201557807414546
21131067105108111176182
1508420322497175178255326
1.251.221.140.920.821.351.221.392.08
-506-496-712-676-567-1,180-1,230-853-670
-843-679-1,001-1,011-572-1,198-1,865-1,094-1,167
-337-183-289-335-5-18-635-241-497
000000000
-0.04-0.11-0.013.360.54-0.060.21-0.01-0.14
0000-160-5000
-435-539-78659466-123-8-211-322
-398.00-428.00-72.00-2,701.00-70.00-6.00-116.00-88.00-55.00
00000-54-100-116-130
-123105559573518-595114582
739722428244256165-135351,407
000000000

Alcon Stock Quarterly Figures

 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
2018 Q22018 Q32019 Q22019 Q32019 Q42020 Q12020 Q22020 Q32020 Q42021 Q12021 Q22021 Q32021 Q42022 Q12022 Q22022 Q32022 Q42023 Q12023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12025 Q22025 Q32025 Q4e2026 Q1e2026 Q2e2026 Q3e2026 Q4e2027 Q1e2027 Q2e2027 Q3e2027 Q4e
1.821.761.91.871.911.841.211.841.941.932.112.12.152.192.222.142.172.352.422.332.352.462.52.452.52.472.62.612.742.742.812.792.932.952.952.943.13
-3.198.00-1.842.41-3.76-34.0651.405.55-0.529.33-0.382.241.861.28-3.471.458.342.98-3.840.994.551.50-1.681.96-1.164.970.694.93-0.222.63-0.574.800.820.03-0.306.32
48.2432.2450.0349.4148.1447.8533.2847.1248.4555.7557.8256.8056.1255.6056.4354.5854.0355.6556.4855.5254.5956.3255.0555.8755.3650.7155.0855.7453.1253.2351.8752.1749.7849.3749.3649.5146.56
0.880.570.950.920.920.880.40.870.941.081.221.191.211.221.251.171.171.311.371.291.281.391.371.371.391.251.431.461.461.461.461.461.461.461.461.461.46
15-207-390-66-91-57-422-14795841512139168148116-97174169204427248223263284350176237394422412434461512497517532
-1,480.0088.41-83.0837.88-37.36640.35-65.17-164.63-11.5879.76-98.686,850.0020.86-11.90-21.62-183.62-279.38-2.8720.71109.31-41.92-10.0817.947.9823.24-49.7134.6666.247.11-2.375.346.2211.06-2.934.022.90
---------0.10---0.20---0.21---0.24---0.28-----------
488.2488.2488.2488.2488.2488.6489489.1489.3492.8493.2493.8494494494.3494.7491.4495.5495.7496.3497.1496.6497497.7498.4498495.2495.9495.9495.9495.9495.9495.9495.9495.9495.9495.9
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Alcon generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Alcon retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Alcon's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Alcon has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Alcon's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Alcon stock margins

The Alcon margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Alcon. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Alcon.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2016
47.45 %
0.85 %
-2.58 %
Jan 1, 2017
47.17 %
1.47 %
3.77 %
Jan 1, 2018
49.9 %
2.78 %
-3.17 %
Jan 1, 2019
48.69 %
3 %
-8.74 %
Jan 1, 2020
45.24 %
-1.14 %
-7.77 %
Jan 1, 2021
56.64 %
11.22 %
4.54 %
Jan 1, 2022
55.17 %
6.01 %
3.84 %
Jan 1, 2023
55.57 %
12.49 %
10.3 %
Jan 1, 2024
55.65 %
13.66 %
10.27 %
Invalid Date
55.65 %
18.91 %
14.62 %
Invalid Date
55.65 %
19.94 %
15.21 %
Invalid Date
55.65 %
21.21 %
16.62 %

Alcon Stock Sales Revenue, EBIT, Earnings per Share

The Alcon earnings per share therefore indicates how much revenue Alcon has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Sales per Share
EBIT per share
Earnings per Share
Details
Date
Sales per Share
EBIT per share
Earnings per Share
Jan 1, 2016
13.5 USD
0.11 USD
-0.35 USD
Jan 1, 2017
13.9 USD
0.2 USD
0.52 USD
Jan 1, 2018
14.64 USD
0.41 USD
-0.46 USD
Jan 1, 2019
15.38 USD
0.46 USD
-1.34 USD
Jan 1, 2020
13.97 USD
-0.16 USD
-1.09 USD
Jan 1, 2021
16.8 USD
1.88 USD
0.76 USD
Jan 1, 2022
17.63 USD
1.06 USD
0.68 USD
Jan 1, 2023
19.04 USD
2.38 USD
1.96 USD
Jan 1, 2024
19.92 USD
2.72 USD
2.05 USD
Invalid Date
21.06 USD
3.98 USD
3.08 USD
Invalid Date
22.61 USD
4.51 USD
3.44 USD
Invalid Date
24.1 USD
5.11 USD
4.01 USD

Alcon business model

Alcon AG is a leading company in ophthalmology with more than 70 years of experience in this industry. The company was founded in 1945 by Robert Alexander and William Conner and has its headquarters in Geneva, Switzerland. Alcon AG has been part of the Novartis Group since 2019 and is a leader in the production of ophthalmic products. The business model of Alcon AG is based on the manufacturing and sale of ophthalmic products. The company offers medical products such as contact lenses, surgical instruments, eye drops, and intraocular lenses. Alcon AG specializes in the development of products that can be used for various eye diseases. The company provides a wide range of products that can be used by ophthalmologists and opticians. The various divisions of Alcon AG include eye care products, surgical products, and diagnostic products. Eye care products, such as contact lenses, offer consumers a safe and easy way to correct their vision. Surgical products include a wide range of instruments used in eye surgeries. Diagnostic products help identify eye diseases and support treatment. Alcon AG specializes in the development of products for the treatment of eye diseases. These include conditions such as cataracts, glaucoma, and age-related macular degeneration. The company offers various products that can be used for these conditions, such as eye drops to reduce elevated eye pressure in glaucoma. It has also developed a wide range of products for refractive correction, allowing people to improve their vision. Alcon AG works closely with leading ophthalmologists and opticians to optimize its product development. This close collaboration ensures that Alcon AG's products meet the needs of patients and provide them with high safety and effectiveness. With its innovative products and technologies, Alcon AG aims to improve the quality of life for patients and provide them with optimal care and treatment. Overall, Alcon AG is a leading company in ophthalmology, offering its customers a wide range of innovative and high-quality products. From diagnosis to care to surgical interventions, Alcon AG's product range covers all areas of ophthalmology. The company is known for its research and development and is constantly working towards advancing ophthalmology. Through its continuous innovation and customer orientation, Alcon AG has established a strong position in the healthcare industry and will continue to introduce new products and technologies in the future.

Alcon SWOT Analysis

Strengths

Alcon AG has a strong global presence in the ophthalmic pharmaceuticals and medical devices market.

The company has a diverse portfolio of innovative products, enabling it to cater to various eye care needs.

Alcon AG possesses strong research and development capabilities, allowing for the development of cutting-edge technologies and advancements in eye care.

Weaknesses

Alcon AG faces intense competition from both established players and emerging companies in the ophthalmic industry.

The company has a high dependence on a few key products, which exposes it to the risk of market fluctuations.

Alcon AG's profitability may be affected by the need for significant investments in research and development.

Opportunities

The global demand for eye care products and services is expected to increase due to an aging population and rising prevalence of eye-related disorders.

Alcon AG can explore expanding its presence in emerging markets, where the demand for eye care products is growing rapidly.

The company can leverage technological advancements to develop innovative products and gain a competitive edge.

Threats

Changing regulations and government policies in the healthcare industry pose a threat to Alcon AG's operations and profitability.

The company may face challenges in effectively managing and protecting its intellectual property rights.

Alcon AG is exposed to the risk of product recalls, which can significantly damage its reputation and financial performance.

Alcon Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Alcon historical P/E ratio, EBIT multiple, and P/S ratio

Details

Historical Valuation Multiples

Price-to-Earnings Ratio (P/E)

The P/E ratio divides Alcon's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Alcon's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Alcon's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Alcon grows earnings faster than its peers.

Alcon annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Alcon shares outstanding

The number of shares was Alcon in 2025 — This indicates how many shares 497.5 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2016
488.7 M base_Shares
Jan 1, 2017
488.7 M base_Shares
Jan 1, 2018
488.7 M base_Shares
Jan 1, 2019
488.2 M base_Shares
Jan 1, 2020
489 M base_Shares
Jan 1, 2021
493.4 M base_Shares
Jan 1, 2022
494.4 M base_Shares
Jan 1, 2023
496.5 M base_Shares
Jan 1, 2024
497.5 M base_Shares
Invalid Date
497.5 M base_Shares
Invalid Date
497.5 M base_Shares
Invalid Date
497.5 M base_Shares

Alcon Dividend History

5 years of dividend payments

YearAnnual DividendYoY ChangePayments
20250.28USD 41.7%
May 13, 20250.28USD 16.7%1/1
20240.48USD 128.6%
20230.21USD 5.0%
20220.2USD 100.0%
20210.1USD

Alcon dividend history and estimates

In 2025, Alcon paid a dividend amounting to 0.28 USD. Dividend means that Alcon distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.1 USD
0 USD
Jan 1, 2022
0.2 USD
0 USD
Jan 1, 2023
0.21 USD
0 USD
Jan 1, 2024
0.48 USD
0 USD
Jan 1, 2025
0.28 USD
0 USD
Invalid Date
0 USD
0.76 USD
Invalid Date
0 USD
0.9 USD

Alcon dividend payout ratio

In 2025, Alcon had a payout ratio of 24.05%. The payout ratio indicates the percentage of the company's profits that Alcon distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2016
21.32 %
Jan 1, 2017
21.32 %
Jan 1, 2018
21.32 %
Jan 1, 2019
21.32 %
Jan 1, 2020
21.32 %
Jan 1, 2021
13.12 %
Jan 1, 2022
29.52 %
Jan 1, 2023
21.32 %
Jan 1, 2024
21.32 %
Invalid Date
24.05 %
Invalid Date
22.23 %
Invalid Date
22.53 %

Current Alcon forecasts and price targets in March 2026

Δ MOM Price Target
null %
Buy75.00 % (15)
Hold15.00 % (3)
Sell10.00 % (2)
12M Price Target
105.90
Last Price
68.40
Currency
USD
12M Return Potential
54.83 %
LTM Return
0 %

Alcon Earnings Estimates

Alcon Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
2/26/20240.68USD2.37 BUSD2023 Q4
8/7/20230.68USD2.34 BUSD2023 Q2
2/14/20230.45USD2.23 BUSD2022 Q4
11/15/20220.51USD2.17 BUSD2022 Q3
8/9/20220.57USD2.24 BUSD2022 Q2
5/9/20220.55USD2.07 BUSD2022 Q1
2/15/20220.5USD2.12 BUSD2021 Q4
11/9/20210.53USD2.08 BUSD2021 Q3
8/17/20210.47USD1.99 BUSD2021 Q2
5/4/20210.47USD1.95 BUSD2021 Q1

EESG©

Eulerpool ESG Scorecard© for the Alcon stock

90/100
88
Environment
96
Social
86
Governance
E

Environment

20
Scope 1 - Direct Emissions75,183
Scope 2 - Indirect emissions from purchased energy236,380
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions311,563
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees46
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Alcon shareholders

% Name
4.96065%
BlackRock Advisors (UK) Limited
BlackRock Advisors (UK) Limited
4.14963%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
2.41942%
Aristotle Capital Management, LLC
Aristotle Capital Management, LLC
2.30487%
UBS Fund Management (Switzerland) AG
UBS Fund Management (Switzerland) AG
2.28059%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
2.05318%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
1.83762%
Zürcher Kantonalbank (Asset Management)
Zürcher Kantonalbank (Asset Management)
1.55043%
AKO Capital LLP
AKO Capital LLP
1.40848%
Harding Loevner LP
Harding Loevner LP
1.40335%
T. Rowe Price Associates, Inc.
T. Rowe Price Associates, Inc.
...

Alcon Executives and Management Board

DE

Mr. David Endicott

(60)

Chief Executive Officer, Director · since 2018

Compensation13.24 M USD
FB

Mr. F. Michael Ball

(69)

Non-Executive Independent Chairman of the Board · since 2016

Compensation1.47 M USD
SM

Mr. Scott Maw

(57)

Independent Director

Compensation391,812 USD
DG

Mr. D. Keith Grossman

(65)

Independent Vice Chairman of the Board, Lead Independent Director

Compensation382,381 USD
TG

Mr. Thomas Glanzmann

(66)

Independent Director

Compensation376,548 USD

Alcon Supply Chain

Alcon Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
15 companies
#Name1M3M6M1Y2YTrend
1
0,17
0,65
0,71
0,22
0,74
2
inTEST
Supplier
-0,03
0,41
0,60
-0,11
0,69
3
IRIDEX Corp
Supplier
-0,27
0,45
0,64
0,25
0,67
4
-0,43
-0,33
-0,32
0,01
0,64
5
-0,52
0,44
0,76
0,42
0,59
#Name1M3M6M1Y2YTrend
1
-0,22
0,53
0,61
-0,22
2
-0,57
0,09
0,04
-0,58
3
Santec
Supplier
0,31
0,20
0,46
0,03
-0,63
4
Model N
Supplier
-0,06
0,67
0,77
0,11
-0,49
5
SAP
Supplier
-0,03
0,43
0,55
0,22
-0,18

Most common questions regarding Alcon

The business model of Alcon AG centers around providing innovative eye care solutions and products. As a globally recognized company, Alcon AG specializes in developing, manufacturing, and distributing a wide range of ophthalmic surgical equipment, pharmaceuticals, and consumer eye care products. Their offerings include contact lenses, surgical equipment for cataract and refractive surgeries, as well as prescription and over-the-counter eye care products. With a strong focus on research and development, Alcon AG aims to continuously improve eye health outcomes and enhance vision quality for individuals around the world.

All fundamentals about Alcon

Our stock analysis for Alcon Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Alcon Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.