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) Return on invested capital

Alert me on Return on invested capital

Alcon's return on invested capital over the twelve months to 30 June 2026 was 2.38%, down 1.0 percentage points from fiscal 2025 (3.38%). Over the past ten years it has ranged from −1.41% (fiscal 2020) to 3.62% (fiscal 2024); the current reading is higher than 90% of that period. That is above the Medical Instruments & Supplies industry median of 0.13% and above the Healthcare sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 3.38% (0.24)
FY2024 3.62% 0.94
FY2023 2.68% 0.88
FY2022 1.80% 0.13
FY2021 1.67% 3.08
FY2020 −1.41% (0.88)
FY2019 −0.53% 0.16
FY2018 −0.69% (0.69)
FY2017 0.00% 0.00
FY2016 0.00% —

Against its own ten years

Low −1.41% High 3.62%
Ten-year median 0.84%
Current reading's percentile 90

Return on invested capital against peers

Company Return on invested capital
RMD ResMed Inc. compare 22.8%
WST West Pharmaceutical Services, Inc. compare 18.0%
MDLN Medline Inc. compare 17.8%
ALGN Align Technology, Inc. compare 12.3%
BDX Becton, Dickinson and Company compare 3.89%
COO The Cooper Companies, Inc. compare 3.17%
ALC Alcon 2.38%
SOLV Solventum Corporation compare 0.00%
BAX Baxter International Inc. compare −1.05%
Medical Instruments & Supplies industry median 0.13%
Healthcare sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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