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

Alcon (ALC) Gross margin

Alert me on Gross margin

Alcon's gross margin over the twelve months to 30 June 2026 was 56.9%, up 1.6 percentage points from fiscal 2025 (55.2%). Over the past ten years it has ranged from 43.0% (fiscal 2020) to 56.1% (fiscal 2021); the current reading is higher than 70% of that period. That is above the Medical Instruments & Supplies industry median of 53.6% and above the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 55.2% (0.37)
FY2024 55.6% 0.12
FY2023 55.5% 1.02
FY2022 54.5% (1.64)
FY2021 56.1% 13.08
FY2020 43.0% (5.74)
FY2019 48.8% 4.15
FY2018 44.6% (2.56)
FY2017 47.2% 0.01
FY2016 47.2% —

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 59.3% 2.97
Mar 2026 56.4% 0.58
Dec 2025 55.8% 0.00
Sep 2025 55.8% 2.31
28 more quarters

Against its own ten years

Low 43.0% High 56.1%
Ten-year median 51.6%
Current reading's percentile 100

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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