Alcon (ALC) Change in Working Capital (2018 - 2026)

Alcon (ALC) recorded quarterly Change in Working Capital of -$2.0 million in Q1 2026, little changed quarter-over-quarter from -$2.0 million in Q4 2025.

Alcon (ALC) Change in Working Capital (2018 - 2026) Analysis & Trends

Alcon's Change in Working Capital history runs 9 years deep, the most recent figure standing at -$2.0 million for Q1 2026.

  • In Q1 2026, Change in Working Capital changed N/A year-over-year to -$2.0 million; the TTM figure through Mar 2026 stood at -$8.0 million (changed N/A YoY), while the FY2025 annual figure was -$8.0 million, changed 0.0% from the prior year.
  • Change in Working Capital was -$2.0 million for Q1 2026 at Alcon, roughly flat from -$2.0 million in the prior quarter.
  • In the past five years, Change in Working Capital ranged from a high of -$1.0 million in Q4 2022 to a low of -$3.0 million in Q1 2024.
  • Historically, Change in Working Capital has averaged -$1.9 million across 5 years, with a median of -$2.0 million in 2022.
  • Biggest YoY gain for Change in Working Capital was 0.0% in 2022; the steepest drop was 100.31% in 2022.
  • A 5-year view of Change in Working Capital shows it stood at -$1.0 million in 2022, then changed by 0.0% to -$1.0 million in 2023, then changed by 0.0% to -$1.0 million in 2024, then slumped by 100.0% to -$2.0 million in 2025, then changed by 0.0% to -$2.0 million in 2026.
  • The last three Change in Working Capital figures came in at -$2.0 million (Q1 2026), -$2.0 million (Q4 2025), and -$2.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn -
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn -
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn -
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn -
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn -
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn -
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn -
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn -
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn -
10 Alcon 25,681.50 -1.66 Bn 1.53 Bn -2.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.00 Mn
Mar 31, 2026 -2.00 Mn
Dec 31, 2025 -2.00 Mn
Dec 31, 2025 -2.00 Mn
Sep 30, 2025 -2.00 Mn
Sep 30, 2025 -2.00 Mn
Jun 30, 2025 -2.00 Mn
Jun 30, 2025 -2.00 Mn
Dec 31, 2024 -1.00 Mn
Dec 31, 2024 -1.00 Mn
Sep 30, 2024 -2.00 Mn
Sep 30, 2024 -2.00 Mn
Jun 30, 2024 -2.00 Mn
Jun 30, 2024 -2.00 Mn
Mar 31, 2024 -3.00 Mn
Mar 31, 2024 -3.00 Mn
Dec 31, 2023 -1.00 Mn
Dec 31, 2023 -1.00 Mn
Sep 30, 2023 -2.00 Mn
Sep 30, 2023 -2.00 Mn