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Friday 6 November 2026 Export ALC’s income statement to Excel — free account

Alcon

ALC Healthcare Medical Instruments & Supplies

Alcon’s revenue for fiscal 2025 (year ended December 2025) was $10.4 billion, up 4.94% from fiscal 2024.

Revenue
+8.74%
EPS
−100.0%
Free cash flow
−0.54%
Total debt
−0.55%

Quarter to June 2026, against a year earlier

76.45 0.86 −1.11%
Market cap
$36.9B
P/E
58.4×
Fwd P/E
44.5×
Dividend yield
0.46%
F-score
6/9
Altman Z
n/a
Beneish M
−2.56
Dividend safety
66/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Alcon (ALC) Debt to equity

Alert me on Debt to equity

Alcon's debt to equity at the end of the quarter to 30 June 2026 was 0.2×, up 0.0× from fiscal 2025 (0.2×). Over the past ten years it has ranged from 0.0× (fiscal 2018) to 0.2× (fiscal 2022); the current reading is higher than 60% of that period. That is above the Medical Instruments & Supplies industry median of 0.1× and above the Healthcare sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.2× (0.19%)
FY2024 0.2× (6.27%)
FY2023 0.2× (2.71%)
FY2022 0.2× 11.47%
FY2021 0.2× (3.15%)
FY2020 0.2× 21.42%
FY2019 0.2× 2,903.33%
FY2018 0.0× (7.69%)
FY2017 0.0× (39.81%)
FY2016 0.0× —

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.2× 2.15%
Mar 2026 0.2× (0.51%)
Dec 2025 0.2× 0.33%
Sep 2025 0.2× (0.05%)
29 more quarters

Against its own ten years

Low 0.0× High 0.2×
Ten-year median 0.2×
Current reading's percentile 60

Debt to equity against peers

Company Debt to equity
ALGN Align Technology, Inc. compare 0.0×
RMD ResMed Inc. compare 0.0×
WST West Pharmaceutical Services, Inc. compare 0.1×
SOLV Solventum Corporation compare 0.1×
ALC Alcon 0.2×
COO The Cooper Companies, Inc. compare 0.3×
BDX Becton, Dickinson and Company compare 0.6×
MDLN Medline Inc. compare 0.6×
BAX Baxter International Inc. compare 1.3×
Medical Instruments & Supplies industry median 0.1×
Healthcare sector median 0.0×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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