Alcon AG
NYSE: ALC · HEALTHCARE · MEDICAL INSTRUMENTS & SUPPLIES
Updated 2026-06-05
Alcon AG (ALC) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2002 | 2005 | 2006 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $3.97B | $5.23B | $5.43B | $28.20B | $27.74B | $27.39B | $27.06B | $27.66B | $27.60B | $28.00B | $29.21B | $29.61B | $30.35B | $31.55B |
| Cash & equivalents | $967.90M | $1.46B | $1.49B | $285.00M | $162.00M | $172.00M | $227.00M | $822.00M | $1.56B | $1.57B | $980.00M | $1.09B | $1.68B | $1.53B |
| Current assets | $2.21B | $3.27B | $3.46B | $2.97B | $3.02B | $3.29B | $3.40B | $4.24B | $4.99B | $5.39B | $5.19B | $5.65B | $6.31B | $6.45B |
| Total liabilities | $3.00B | $2.67B | $2.51B | $4.57B | $4.73B | $4.36B | $4.42B | $8.35B | $8.78B | $8.74B | $9.53B | $8.99B | $8.79B | $9.52B |
| Current liabilities | $2.57B | $2.28B | $2.00B | $1.64B | $1.67B | $1.78B | $1.89B | $2.30B | $2.26B | $2.47B | $2.74B | $2.40B | $2.28B | $3.05B |
| Long-term debt | — | — | — | — | — | — | $1.83B | $3.22B | $3.95B | $3.97B | $4.54B | $4.59B | $4.54B | — |
| Shareholder equity | $974.30M | $2.56B | $2.91B | $23.64B | $23.01B | $23.03B | $22.64B | $19.30B | $18.82B | $19.26B | $19.68B | $20.62B | $21.55B | $22.03B |
| Retained earnings | $463.00M | $2.28B | $3.20B | $23.81B | $23.17B | $22.94B | $22.65B | $-547.00M | $18.90B | $19.36B | — | — | — | — |
| Accounts receivable | $547.50M | $725.40M | $912.80M | $1.40B | $1.40B | $1.52B | $1.41B | $1.51B | $1.47B | $1.59B | $1.99B | $1.89B | $2.08B | $1.94B |
| Inventory | $412.30M | $427.20M | $473.80M | $1.15B | $1.21B | $1.30B | $1.44B | $1.50B | $1.64B | $1.90B | $2.11B | $2.32B | $2.27B | $2.39B |
| Goodwill | $549.80M | $550.00M | $553.20M | $8.86B | $8.89B | $8.89B | $8.90B | $8.90B | $8.90B | $8.90B | $8.97B | $8.93B | $8.95B | $9.26B |
Frequently asked questions
What is Alcon AG's revenue?
Alcon AG's trailing twelve-month revenue is $10.63B, and consensus projects about $14.07B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is ALC?
In its most recent fiscal year, ALC ran a gross margin of 55.24%, an operating margin of 13.08%, and a net margin of 9.42%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does ALC generate?
ALC produced $1.73B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is ALC's balance sheet healthy?
ALC holds $1.53B in cash and equivalents against — in long-term debt, on $22.03B of shareholder equity. That debt is best read against the cash flow the business throws off each year.