ALC Alcon Inc. — QuoTrend

Analyst Ratings

Date	Action	Analyst	Rating	Target
May-08-26	Reiterated	Barclays	Equal Weight	$86 → $78
May-06-26	Reiterated	Stifel Nicolaus		$82 → $70
Mar-09-26	Reiterated	Stifel Nicolaus		$80 → $82
Feb-26-26	Upgrade	Wells Fargo	Equal Weight → Overweight	$105 → $97
Jan-09-26	Reiterated	Stifel Nicolaus		$85 → $80
Jan-09-26	Downgrade	Stifel	Buy → Hold
Dec-11-25	Downgrade	B of A Securities	Buy → Underperform
Nov-14-25	Reiterated	Bernstein	Outperform	$76 → $101
Oct-21-25	Reiterated	Keybanc	Overweight	$107 → $91
Oct-13-25	Reiterated	UBS	Buy	$92 → $91

Financial Statements

DataTimeframe

Line Item (USD, M)		TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023	FY 2022 12/31/2022	FY 2021 12/31/2021	FY 2020 12/31/2020	FY 2019 12/31/2019	FY 2018 12/31/2018
Total Revenue		10,581	10,401	9,911	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A		4,767	4,656	4,399
Gross Profit		5,814	5,745	5,512
Selling, General and Administrative Excl. Other		3,480	3,449	3,250
Research and Development		1,008	990	876
Other Operating Expense		24	-54	-27
Operating Income		1,303	1,360	1,413
Interest Expense		206	204	186
Unusual Expense		—	—	—
Non-Operating Income (Expense)		169	200	-35
Net Income Before Taxes		981	1,160	1,256
Income Taxes		166	180	238
Consolidated Net Income		815	980	1,018
Net Income From Continuing Operations		815	980	1,018
Net Income		815	980	1,018
EPS (Recurring)		1.66	1.99	2.06
EPS (Basic, Before Extraordinaries)		1.66	1.99	2.06
EPS (Diluted)		1.65	1.98	2.05
EBITDA		2,363	2,351	2,676
Other After Tax Adjustments		—	—	—
Stock Option Compensation Expense		—	—	—
Price To Earnings Ratio		39.20	39.80	—
Price To Sales Ratio		2.98	3.75	—
Gross Margin		54.95	55.24	55.61
Operating Margin		12.31	13.08	14.26
Net Margin		7.70	9.42	10.27
Shares Outstanding		487	495	494
Market Capitalization		31,499	39,011	—
Operating Lease Expense		—	—	—