ALC vs DXCM vs ABT Stock Comparison

Alcon, Dexcom and Abbott Laboratories Prices as of Nov 5, 2026 Peers: Industry group
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ALC Alcon Inc
$76.55 +21.2% 1M +3.0% 1Y
Market cap
$36.95B
P/E
57.5x
Revenue (TTM)
$10.80B
Div. yield
–
Medical Devices Healthcare
DXCM Dexcom Inc
$84.46 +1.3% 1M +42.5% 1Y
Market cap
$29.76B
P/E
30.0x
Revenue (TTM)
$5.10B
Div. yield
–
Medical Devices Healthcare
5 wins
ABT Abbott Laboratories
$113.58 +15.7% 1M -8.8% 1Y
Market cap
$190.83B
P/E
40.6x
Revenue (TTM)
$48.23B
Div. yield
0.02%
Medical Devices Healthcare
5 wins

Head to Head

10 decided of 12

Abbott Laboratories leads on 5 of the 12 questions below (Abbott Laboratories 5, Dexcom 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionALCDXCMABTLeader
Larger companyMarket capitalisation $36.95B $29.76B $190.83B ABT
Cheaper on earningsLower P/E, profitable companies only 57.5x 30.0x 40.6x DXCM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.6x 29.5x 20.0x ABT
Faster revenue growthRevenue growth, trailing twelve months +8.5% +13.0% +10.0% DXCM
More profitableNet margin, trailing twelve months 6.0% 19.4% 9.7% DXCM
Better return on capitalReturn on invested capital 3.6% — 5.7% ABT
Less leveragedLower net debt / EBITDA — — 2.5x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months +3.0% +42.5% -8.8% DXCM
Better 5-year returnAnnualised price return, 5 years -2.2%/yr -11.9%/yr -1.8%/yr ABT
Less volatileAnnualised volatility, 1 year 29.5% 38.1% 28.3% ABT
Higher overall scoreMean of the five percentile scores vs peers 67/100 74/100 55/100 DXCM

Percentile Scorecard

ALCDXCMABT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisALCDXCMABT
Valuation 77 #54 of 229 67 #77 of 229 72 #66 of 229
Growth 46 #119 of 221 82 #40 of 221 23 #170 of 221
Profitability 76 #51 of 210 99 #3 of 210 82 #38 of 210
Financial Health 62 #93 of 240 35 #156 of 240 36 #154 of 240
Shareholder Returns 76 #36 of 147 88 #18 of 147 62 #57 of 147
Overall 67 74 55
  • ALC ranked among 247 companies in Medical Devices and Diagnostics
  • DXCM ranked among 247 companies in Medical Devices and Diagnostics
  • ABT ranked among 247 companies in Medical Devices and Diagnostics

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodALCDXCMABTSPY
1 month +21.2%+1.3%+15.7% -5.9%
3 months +10.1%+1.7%+5.2% -4.6%
6 months +19.8%+38.7%+30.5% +0.2%
Year to date -2.9%+27.3%-9.3% +7.5%
1 year +3.0%+42.5%-8.8% +8.2%
3 years +3.5%-10.9%+19.6% +68.3%
3 years, per year +1.2%-3.8%+6.1% +19.0%
5 years -10.6%-46.8%-8.7% +56.5%
5 years, per year -2.2%-11.9%-1.8% +9.4%
10 years —+445.6%+190.6% +251.5%
10 years, per year —+18.5%+11.3% +13.4%

Risk

MeasureALCDXCMABTSPY
Volatility, 1Y 29.5%38.1%28.3% 13.6%
Downside volatility, 1Y 29.0%33.9%27.6% 14.2%
Beta vs S&P 500, 1Y 0.400.720.07 1.00
Return / volatility, 1Y 0.101.11-0.31 0.60
Max drawdown, 5Y -38.4%-66.3%-41.6% -25.4%
From 52-week high -12.2%-8.5%-13.0% -5.9%
52-week high $87.18$92.34$130.59 $779.14
52-week low $62.02$54.84$82.56 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleALCDXCMABT
P/E now vs peer median 58.7xmedian 26.9x 31.9xmedian 26.9x 41.9xmedian 26.9x
P/S now vs peer median 3.5xmedian 2.9x 6.2xmedian 2.9x 4.1xmedian 2.9x
EV/EBITDA now vs peer median —median 17.5x 19.8xmedian 17.5x 21.2xmedian 17.5x
P/FCF now vs peer median 21.4xmedian 26.4x 28.7xmedian 26.4x 29.1xmedian 26.4x
P/B now vs peer median 1.7xmedian 2.3x 12.4xmedian 2.3x 3.8xmedian 2.3x
PEG now vs peer median 2.80median 0.88 0.74median 0.88 -14.56median 0.88

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsALCDXCMABT
Revenue $10.80B $5.10B $48.23B
Gross profit $6.17B $3.24B $27.46B
Operating income $948.00M $1.22B $6.65B
Net income $643.00M $991.00M $4.70B
Free cash flow $1.74B $1.10B $6.76B
R&D $1.43B $608.10M $3.31B
EPS (diluted) $1.30 $2.58 $2.70
Cash & equivalents $1.36B $961.40M $4.05B
Total debt $4.72B – $31.16B
Shares (diluted) 496.20M 383.50M 1.74B
Enterprise value $27.92B $21.58B $164.70B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricALCDXCMABT
P/E 58.7x 31.9x 41.9x
P/FCF 21.4x 28.7x 29.1x
P/Operating cash flow 16.2x 22.3x 22.2x
P/S 3.5x 6.2x 4.1x
P/B 1.7x 12.4x 3.8x
P/Tangible book 2.8x 12.9x 6.1x
EV/EBITDA – 19.8x 21.2x
EV/EBIT 42.1x 24.3x 33.6x
EV/Revenue 3.7x 5.8x 4.6x
EV/FCF 22.9x 27.0x 33.1x
EV/Operating cash flow 17.3x 21.0x 25.2x
PEG (3Y EPS CAGR) 2.80 0.74 -14.56

Growth

14 metrics
MetricALCDXCMABT
Revenue growth (1Y) 8.5% 13.0% 10.0%
Revenue CAGR (3Y) 5.9% 14.5% 6.5%
Gross profit growth (1Y) 11.7% 21.5% 12.1%
Gross profit CAGR (3Y) 7.3% 14.2% 7.8%
Operating income growth (1Y) -34.3% 57.4% -13.8%
Operating income CAGR (3Y) 7.5% 34.2% 3.5%
Net income growth (1Y) -40.1% 37.5% -66.4%
Net income CAGR (3Y) 21.1% 38.0% -3.1%
EPS growth (1Y) -40.7% 46.1% -66.1%
EPS CAGR (3Y) 21.0% 43.0% -2.9%
Operating cash flow growth (1Y) 10.3% -2.3% -2.9%
Operating cash flow CAGR (3Y) 25.9% 23.7% 10.6%
Free cash flow growth (1Y) 7.5% 3.4% -2.3%
Free cash flow CAGR (3Y) 48.0% 30.0% 14.6%

Profitability

14 metrics
MetricALCDXCMABT
Gross margin 57.2% 63.4% 56.9%
EBITDA margin – 29.4% 21.9%
Operating margin 8.8% 24.0% 13.8%
Pretax margin 6.9% 24.7% 13.6%
Net margin 6.0% 19.4% 9.7%
FCF margin 16.1% 21.5% 14.0%
Operating cash flow margin 21.4% 27.7% 18.4%
Return on equity 2.9% 38.4% 9.1%
Return on assets 2.1% 15.6% 4.3%
Return on invested capital 3.6% – 5.7%
Return on capital employed 3.4% 29.9% 7.2%
Asset turnover 0.3x 0.8x 0.4x
Cash conversion (OCF / net income) 3.6x 1.4x 1.9x
Stock comp / revenue 1.6% 3.0% 1.5%

Financial Health

11 metrics
MetricALCDXCMABT
Debt / assets 15.2% – 28.8%
Debt / equity 0.2x – 0.6x
Net debt / EBITDA – – 2.5x
Debt / FCF 2.7x – 4.6x
Liabilities / assets 30.6% 59.4% 52.3%
Equity / assets 69.4% 40.6% 47.7%
Interest coverage 9.2x – 6.7x
Current ratio 2.1x 1.7x 1.5x
Quick ratio 1.3x 1.3x 0.8x
Cash ratio 0.7x 0.8x 0.3x
Altman Z-score – 7.60 3.46

Shareholder Returns

7 metrics
MetricALCDXCMABT
Dividend yield 0.4% – 2.2%
Net buyback yield 2.4% 2.2% 0.7%
Shareholder yield 2.8% 2.2% 2.9%
Payout ratio (earnings) – – 92.0%
Payout ratio (FCF) – – 64.0%
Dividend growth (1Y) – – 6.9%
Dividend CAGR (3Y) – – 7.4%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusALCDXCMABT
Forward P/E 23.6xFY2026 29.5xFY2026 20.0xFY2026
EPS, next fiscal year $3.25FY2026 $2.86FY2026 $5.69FY2026
EPS growth, next FY +8.7%FY2026 +36.8%FY2026 +10.5%FY2026
EPS growth, the year after +15.4% +3.8% +10.2%
Revenue, next fiscal year $10.60BFY2026 $5.08BFY2026 $53.00BFY2026
Revenue growth, next FY +5.3%FY2026 +9.0%FY2026 +19.5%FY2026
Revenue growth, the year after +8.0% +15.8% -2.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersALCDXCMABT
Held by institutions 48.8% 100.0% 79.2%
Institutions holding 631 977 2,983
Change in shares held, QoQ +5.3% +6.3% +0.3%
Institutions buying 226 521 1,261
Institutions selling 274 345 1,379
Buyers to sellers 0.82 1.51 0.91

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ALCDXCMABT
ALC 1.00 0.33 0.46
DXCM 0.33 1.00 0.35
ABT 0.46 0.35 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ALC, DXCM and ABT?

Abbott Laboratories (ABT) is the largest by market capitalisation: Alcon (ALC) $36.95B, Dexcom (DXCM) $29.76B, Abbott Laboratories (ABT) $190.83B.

Which stock is cheaper, ALC, DXCM and ABT?

Dexcom (DXCM) trades on the lowest price-to-earnings ratio (Alcon (ALC) 57.5x, Dexcom (DXCM) 30.0x, Abbott Laboratories (ABT) 40.6x). On next year's consensus earnings, Abbott Laboratories (ABT) is cheapest (Alcon (ALC) 23.6x, Dexcom (DXCM) 29.5x, Abbott Laboratories (ABT) 20.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Dexcom (DXCM) grew revenue fastest over the trailing twelve months: Alcon (ALC) +8.5%, Dexcom (DXCM) +13.0%, Abbott Laboratories (ABT) +10.0%.

Which company is more profitable?

Dexcom (DXCM) has the highest net margin (Alcon (ALC) 6.0%, Dexcom (DXCM) 19.4%, Abbott Laboratories (ABT) 9.7%). On return on invested capital, Abbott Laboratories (ABT) leads (Alcon (ALC) 3.6%, Abbott Laboratories (ABT) 5.7%).

Which stock has performed better?

Over the past year Dexcom (DXCM) returned the most: Alcon (ALC) +3.0%, Dexcom (DXCM) +42.5%, Abbott Laboratories (ABT) -8.8%. Over five years, Abbott Laboratories (ABT) compounded fastest (Alcon (ALC) -2.2%/yr, Dexcom (DXCM) -11.9%/yr, Abbott Laboratories (ABT) -1.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Alcon (ALC) 0.00%, Dexcom (DXCM) 0.00%, Abbott Laboratories (ABT) 0.02%. Alcon (ALC) and Dexcom (DXCM) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Abbott Laboratories (ABT) has been the steadiest (Alcon (ALC) 29.5%, Dexcom (DXCM) 38.1%, Abbott Laboratories (ABT) 28.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ALC, DXCM and ABT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Abbott Laboratories (ABT) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.