ALC on NYSE

Alcon

Logo: Alcon AG, Public domain, via Wikimedia Commons6

Swiss-American pharmaceutical and medical device company

Alcon Inc. (German: Alcon AG) is a Swiss-American pharmaceutical and medical device company specializing in eye care products. Alcon is incorporated in the Canton of Fribourg, Switzerland, and its global headquarters are located in Geneva, but its main operational base is in Fort Worth, Texas, United States, where it employs about 4,500 people. Alcon was a subsidiary of Novartis until April 2019, when it was spun out into a separate publicly traded company.3 Wikipedia text CC BY-SA 4.0

$66.15 down 0.43 (0.65%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 21, 2026.

Overview

$10.4BRevenue, fiscal 20257
$980.0MNet income, fiscal 20257
1945Founded1

Compare with Bausch & Lomb, The Cooper Companies or National Vision Holdings, Inc., or pick any stock.

  • TickerALC on NYSE1
  • Industrypharmaceutical industry1
  • HeadquartersGeneva1
  • Founded inFort Worth1
  • Websitewww.alcon.com
  • Legal formAktiengesellschaft1
  • Listed onNew York Stock Exchange (ALC), Swiss Stock Exchange (ALC)1
  • Incorporated inSwitzerland8
  • Business address6201 South Freeway, Fort Worth, Tx 761348
  • Filer categoryLarge accelerated filer8
  • LEI549300LDT5AP8S0NBM784
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressRUE LOUIS-D'AFFRY 6, 1701 Fribourg, Switzerland4
  • Registered withMinistry of Justice, CHE-234.781.1644
11460 Johns Creek Pkwy, Johns Creek, GA Nov 2017
Photo: Thomson200, CC0, via Wikimedia Commons10

Alcon Inc. (German: Alcon AG) is a Swiss-American pharmaceutical and medical device company specializing in eye care products. Alcon is incorporated in the Canton of Fribourg, Switzerland, and its global headquarters are located in Geneva, but its main operational base is in Fort Worth, Texas, United States, where it employs about 4,500 people.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

55.2%Gross margin7
13.1%Operating margin7
9.4%Net margin7
4.9%Revenue growth, 20257
4.4%Return on equity7
0.19×Debt to equity7
$1.7BFree cash flow7

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue44¢$4.6B
  • Research and development10¢$990.0M
  • Selling, general and admin33¢$3.4B
  • Interest2¢$204.0M
  • Income tax2¢$180.0M
  • Profit9¢$980.0M

Out of $10.4B in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Capital spending24¢$543.0M
  • Dividends paid7¢$166.0M
  • Share buybacks30¢$676.0M
  • Kept or used elsewhere39¢$886.0M

Out of $2.3B of cash from operations.7

Financial statements

Revenue11121314157$10.4B in 2025+45% since 2018
0$5.0B$10.0B$15.0B2018: $7.2B$7.2B20182019: $7.5B$7.5B2019+5%2020: $6.8B$6.8B2020−9%2021: $8.3B$8.3B2021+21%2022: $8.7B$8.7B2022+5%2023: $9.5B$9.5B2023+8%2024: $9.9B$9.9B2024+5%2025: $10.4B$10.4B2025+5%
Gross profit11121314157$5.7B in 2025+80% since 2018
0$2.0B$4.0B$6.0B2018: $3.2B$3.2B20182019: $3.7B$3.7B2019+15%2020: $2.9B$2.9B2020−20%2021: $4.7B$4.7B2021+58%2022: $4.7B$4.7B2022+2%2023: $5.2B$5.2B2023+11%2024: $5.5B$5.5B2024+5%2025: $5.7B$5.7B2025+4%
Operating income11121314157$1.4B in 2025
-$500.0M0$500.0M$1.0B$1.5B2018: -$248.0M-$248.0M20182019: -$187.0M-$187.0M2019−25%2020: -$482.0M-$482.0M2020+158%2021: $580.0M$580.0M20212022: $672.0M$672.0M2022+16%2023: $1.0B$1.0B2023+55%2024: $1.4B$1.4B2024+36%2025: $1.4B$1.4B2025−4%
Net income11121314157$980.0M in 2025
-$1.0B-$500.0M0$500.0M$1.0B$1.5B2018: -$227.0M-$227.0M20182019: -$656.0M-$656.0M2019+189%2020: -$531.0M-$531.0M2020−19%2021: $376.0M$376.0M20212022: $335.0M$335.0M2022−11%2023: $974.0M$974.0M2023+191%2024: $1.0B$1.0B2024+5%2025: $980.0M$980.0M2025−4%

Every line of the income statement as filed: the last 3 fiscal years, latest first.7

Period ending2025-12-312024-12-312023-12-31
Net sales$10.3B$9.8B$9.4B
Other revenues$82.0M$75.0M$85.0M
Net sales and other revenues$10.4B$9.9B$9.5B
Cost of net sales-$4.6B-$4.3B-$4.1B
Cost of other revenues-$64.0M-$71.0M-$67.0M
Gross profit$5.7B$5.5B$5.2B
Selling, general & administration-$3.4B-$3.2B-$3.2B
Research & development-$990.0M-$876.0M-$828.0M
Other income$169.0M$77.0M$80.0M
Other expense-$115.0M-$50.0M-$251.0M
Operating income$1.4B$1.4B$1.0B
Interest expense-$204.0M-$192.0M-$189.0M
Other financial income & expense$22.0M$43.0M-$18.0M
Share of (loss) from associated companies-$18.0M-$8.0M$0
Income before taxes$1.2B$1.3B$832.0M
Taxes-$180.0M-$238.0M$142.0M
Net income$980.0M$1.0B$974.0M
Shareholders of Alcon Inc.$980.0M$1.0B$974.0M
Non-controlling interests$0$0$0
Basic (in dollars per share)$1.99$2.06$1.98
Diluted (in dollars per share)$1.98$2.05$1.96
Basic (in shares)493.2M shares494.4M shares493.0M shares
Diluted (in shares)496.2M shares497.5M shares496.5M shares

Compare Alcon with another company

Corporate structure

Alcon sits at the top of its group. 17 entities, 13 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Alcon

  • Alcon Fribourg, Switzerland
    • Alcon (Canada) Subsidiary
    • Alcon (China) Subsidiary
    • Alcon (France) Subsidiary
    • Alcon (South Korea) Subsidiary
    • Alcon (United Kingdom) Subsidiary
    • Alcon Japan Subsidiary · Minato, Japan
    • Alcon (India) Subsidiary · India
    • Alcon (Ireland) Subsidiary · Ireland
    • Alcon (United States) Subsidiary · United States
    • ALCON FINANCE B.V. Subsidiary · Amsterdam, Netherlands
    • ALCON FINANCE CORPORATION Subsidiary · Fort Worth, Texas, United States
    • ALCON LABORATORIES (INDIA) PRIVATE LIMITED Subsidiary · Bangalore, India
    • Alcon Laboratories Belgium Subsidiary · Puurs-Sint-Amands, Belgium
    • ALCON MANAGEMENT SA Subsidiary · Vernier, Switzerland
    • ALCON PHARMACEUTICALS LTD Subsidiary · Fribourg, Switzerland
    • ALCON SINGAPORE MANUFACTURING PTE. LTD. Subsidiary · Singapore, Singapore

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Alcon reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$4.8B7 Dec 31, 2025$4.4B7 Dec 31, 2024+8.8%
Operating-lease assets (leased space)$447.0M7 Dec 31, 2025$449.0M7 Dec 31, 2024−0.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.5B7 Dec 31, 2025$1.7B7 Dec 31, 2024−8.9%
Long-term investments$768.0M7 Dec 31, 2025$652.0M7 Dec 31, 2024+17.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$9.3B7 Dec 31, 2025$8.9B7 Dec 31, 2024+3.5%
Intangible assets, net (excluding goodwill)$9.0B7 Dec 31, 2025$8.6B7 Dec 31, 2024+4.9%

Inventory

ItemLatestA year beforeChange
Inventory, total$2.4B7 Dec 31, 2025$2.3B7 Dec 31, 2024+5.4%

The story

Alcon was founded in 1945 as a small pharmacy in Fort Worth, Texas, United States. It was named for its founders, pharmacists Robert Alexander and William Conner who focused on sterile ophthalmic products.

Nestlé of Switzerland purchased Alcon in 1977. Alcon expanded its manufacturing capability with new plants in South America and Europe and drastically increased its investment in research.

In 1979, Alcon acquired Texas Pharmacal Company which became Dermatological Products of Texas (and is now DPT Laboratories).

In 1984, Alcon founded the Technical Excellence Award to promote achievements in R&D excellence and has awarded it to more than 100 recipients. The Alcon product line has expanded from pharmaceuticals to the surgical arena. Today, Alcon has operations in 75 countries and its products are sold in over 180 countries.

Nestlé conducted an initial public offering of 25% of its stake in Alcon in 2002. The stock is traded under the ticker symbol ALC. In July 2008, Novartis purchased approximately 25% of Nestlé's stake in Alcon, with an option to buy Nestlé's remaining shares beginning in 2010. Novartis bought 52% stake from Nestlé for $28.1 Billion. This deal brought the total ownership of Alcon by Novartis to 77%. Beginning January 2010 Novartis formally announced it will be completing the exercise options for finishing purchasing the rest of Alcon and then promptly continue to exercise merger and takeover of Alcon.

On March 29, 2010, Alcon acquired Durezol and Zyclorin from Sirion Therapeutics. Alcon received regulatory approval to acquire the rights of Durezol emulsion in the US and the global rights, excluding Latin America, for Zyclorin from Sirion Therapeutics.

On April 9, 2019, Alcon completed a 100% spin-off from Novartis. The new standalone company is worth up to 28 billion Swiss francs.

In November 2021, Alcon announced it would acquire Ivantis and their glaucoma surgery stent technology for at least $475 million. In August 2022, Alcon agreed to buy Aerie Pharmaceuticals for US$770 million to enhance its ophthalmic pharmaceutical portfolio.

Read the full text

In March 2025, Alcon announced its acquisition of LENSAR, maker of the ALLY Robotic Cataract Laser Treatment System, for $356 million, with the transaction expected to close in the second half of 2025.

In September 2025, Alcon announced the acquisition of LumiThera, Inc., a leader in light-based innovations for ophthalmology.

From Wikipedia’s article on Alcon, shared under CC BY-SA 4.0.9

Leadership

Who has led Alcon, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (1)

Products and brands

  • surgical instrument

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Timeline

  1. 1945Founded Founded in Fort Worth1

Calendar

Coming up

  1. Nov 10, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.79 a share, on Nov 11, 2025.17

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

79 filings to the SEC since October 2021: 5 annual reports, 7 large holders, 67 other. The latest 20:

  1. Aug 10, 20266-K EDGAR
  2. May 15, 2026SD EDGAR
  3. May 5, 20266-K EDGAR
  4. Apr 2, 20266-K EDGAR
  5. Feb 26, 2026144 EDGAR
  6. Feb 26, 2026144 EDGAR
  7. Feb 24, 20266-K EDGAR
  8. Feb 24, 202620-F EDGAR
  9. Feb 24, 20266-K EDGAR
  10. Jan 7, 20266-K EDGAR
  11. Dec 9, 2025DFAN14A EDGAR
  12. Nov 12, 20256-K EDGAR
  13. Nov 4, 2025DFAN14A EDGAR
  14. Aug 19, 20256-K EDGAR
  15. Aug 5, 2025DEFM14A EDGAR
  16. Aug 5, 20256-K EDGAR
  17. May 28, 20256-K EDGAR
  18. May 28, 2025SD EDGAR
  19. May 13, 20256-K EDGAR
  20. Apr 23, 2025SCHEDULE 13G/A EDGAR

The 79 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Members of Congress who traded it

6 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Aug 5, 2026Kevin HernRepublican, HouseSale$1,001 - $15,000+6.5%Report
Mar 30, 2026Alan ArmstrongRepublican, SenateBuy$1,001 - $15,000−32.3%Report
Mar 12, 2026Josh GottheimerDemocratic, HouseSale$1,001 - $15,000+31.6%Report
Mar 3, 2025Julie JohnsonDemocratic, HouseSale$1,001 - $15,000+61.9%Report
Jun 21, 2024Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+67.5%Report
Jul 10, 2023Daniel S. GoldmanDemocratic, HouseSale$15,001 - $50,000+95.1%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Alcon is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARALCON INC2
  • CIK0001167379
  • Employer ID (EIN)98-02050942
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company21
  • Incorporated inSwitzerland21
  • Fiscal year endsDecember 312
  • Industry code (SIC)3851 Ophthalmic Goods2
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance2
  • Business address6201 South Freeway, Fort Worth, TX 761342
  • Mailing addressChemin De Blandonnet 8, 1214 Vernier, Geneva, V8 00002
  • Phone817 293 04502
  • Shares outstanding487,427,920 shares as of Dec 31, 202521
  • AuditorPricewaterhouseCoopers LLP, Fort Worth, Texas PCAOB ID 238; it also attests to the company’s internal control over financial reporting21
  • On EDGAR sinceFeb 22, 20022
  • Filings527 in all: 6-K (384), 144 (20), 20-F (16), UPLOAD (11), SC 13G/A (9), 11-K (8), SC 13G (8), 425 (7)2
    All 34 form types

    CORRESP (7), SC 13D/A (7), SD (7), 20FR12B/A (6), S-8 (6), S-8 POS (6), SC 13E3/A (4), DFAN14A (3), 15-12B (1), 20FR12B (1), 25-NSE (1), 424B5 (1), 6-K/A (1), 8-A12B (1), CERT (1), CERTNYS (1), DEFA14A (1), DEFM14A (1), F-1 (1), F-1/A (1), IRANNOTICE (1), NT 11-K (1), SC 13D (1), SC 13E3 (1), SCHEDULE 13G/A (1), SEC ACTION (1)

  • Latest filingsAnnual report (20-F) Feb 24, 2026

Securities registered for trading

ClassSymbolExchange
Ordinary Shares, nominal value CHF 0.04 per shareALCNew York Stock Exchange

From the cover page of the 20-F filed Feb 24, 2026 (Section 12(b) of the Exchange Act).21