ALC financial statements
The full income statement, balance sheet, and cash-flow statement for Alcon Inc. (ALC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 10.4B YoY+4.9% | 9.91B YoY+4.8% | 9.46B YoY+8.5% | 8.72B YoY+5.1% | 8.29B YoY+21.3% | |
5.75B YoY+4.2% | 5.51B YoY+5.1% | 5.25B YoY+10.5% | 4.75B YoY+2.1% | 4.65B YoY+58.2% | ||
| Research & development | 990M YoY+13.0% | 876M YoY+5.8% | 828M YoY+17.9% | 702M YoY-16.6% | 842M YoY+25.1% | |
| Operating income | 1.36B YoY-3.8% | 1.41B YoY+36.0% | 1.04B YoY+54.6% | 672M YoY+15.9% | 580M YoY+220.3% | |
| Pre-tax income | 1.16B YoY-7.6% | 1.26B YoY+51.0% | 832M YoY+79.7% | 463M YoY+10.8% | 418M YoY+165.8% | |
| Income tax | 180M YoY-24.4% | 238M YoY+267.6% | -142M YoY-210.9% | 128M YoY+204.8% | 42.0M YoY+140.4% | |
980M YoY-3.7% | 1.02B YoY+4.5% | 974M YoY+190.7% | 335M YoY-10.9% | 376M YoY+170.8% | ||
$1.98 YoY-3.4% | $2.05 YoY+4.6% | $1.96 YoY+188.2% | $0.68 YoY-10.5% | $0.76 YoY+169.7% | ||
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
6.45B YoY+2.2% | 6.31B YoY+11.7% | 5.65B YoY+8.7% | 5.19B YoY-3.6% | 5.39B YoY+8.0% | ||
31.6B YoY+4.0% | 30.3B YoY+2.5% | 29.6B YoY+1.5% | 29.2B YoY+4.2% | 28.0B YoY+1.4% | ||
| Total current liabilities | 3.05B YoY+33.8% | 2.28B YoY-5.0% | 2.40B YoY-12.4% | 2.74B YoY+10.8% | 2.47B YoY+9.5% | |
9.52B YoY+8.3% | 8.79B YoY-2.2% | 8.99B YoY-5.2% | 9.49B YoY+8.5% | 8.74B YoY-0.4% | ||
22.0B YoY+2.2% | 21.6B YoY+4.5% | 20.6B YoY+4.8% | 19.7B YoY+2.2% | 19.3B YoY+2.3% | ||
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash from operations | 2.27B YoY+9.3% | 2.08B YoY+49.6% | 1.39B YoY+14.1% | 1.22B YoY-9.5% | 1.34B YoY+63.4% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | 59.0M YoY+0.0% | 59.0M YoY-14.5% | 69.0M YoY-97.3% | 2.59B | 0.00 | |
| Long-term debt repaid | 112M YoY+138.3% | 47.0M YoY+38.2% | 34.0M YoY-98.5% | 2.27B | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 682M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 168M YoY+28.2% | 131M YoY+12.0% | 117M YoY+14.7% | 102M YoY+92.5% | 53.0M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 38.4B YoY-8.5% | 42.0B YoY+9.7% | 38.3B YoY+14.0% | 33.6B YoY-21.3% | 42.7B YoY+32.3% | |
| P/E | 39.2× YoY-5.0% | 41.2× YoY-63.9% | 114.3× YoY+27.9% | 89.3× YoY-21.3% | 113.6× | |
| P/S | 3.7× YoY-12.8% | 4.2× YoY-3.5% | 4.4× YoY+8.4% | 4.1× YoY-21.3% | 5.1× YoY+9.0% | |
| P/B | 1.7× YoY-10.5% | 1.9× YoY+0.1% | 1.9× YoY+11.5% | 1.7× YoY-21.3% | 2.2× YoY+29.3% | |
| P/FCF | 18.6× YoY-8.5% | 20.3× YoY+9.7% | 18.5× YoY+14.0% | 16.3× YoY-21.3% | 20.7× YoY+32.3% | |
2.6% YoY+5.2% | 2.4% YoY+177.1% | 0.88% YoY-21.8% | 1.1% YoY+27.1% | 0.88% | ||
5.4% YoY+9.3% | 4.9% YoY-8.8% | 5.4% YoY-12.3% | 6.1% YoY+27.1% | 4.8% YoY-24.4% | ||
0.44% YoY+40.2% | 0.31% YoY+2.8% | 0.30% YoY+0.0% | 0.30% YoY+144.6% | 0.12% | ||
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: ALC's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ALC filings on SEC EDGAR → Not investment advice.