Alcon (ALC) FCF Margin (2009 - 2026)
Alcon (ALC) posted FCF Margin of 21.78% for Q2 2026, up 5.0% on a QoQ basis from 20.74% in Q1 2026, and down 177.0% year-over-year from 28.29% in Q2 2025.
Powered by 
Analysis
Alcon (ALC) FCF Margin (2009 - 2026) Analysis & Trends
Alcon has reported FCF Margin for 11 years, with the latest figure at 21.78% in Q2 2026.
- On a quarterly basis, FCF Margin fell 177.0% year-over-year to 21.78% in Q2 2026; TTM through Jun 2026 was 26.54%, a 91.0% increase from a year earlier, with the FY2025 full-year figure at 27.27%, up 134.0% from the prior year.
- FCF Margin was 21.78% for Q2 2026 at Alcon, up from 20.74% in the prior quarter.
- The five-year high for FCF Margin was 35.55% in Q3 2024, with the low at 8.04% in Q1 2023.
- Average FCF Margin over 5 years is 22.75%, with a median of 23.55% recorded in 2025.
- The sharpest annual moves came in 2023 and 2025: FCF Margin slumped 747 bps in 2023, then jumped 1107 bps in 2025.
- Over 5 years, FCF Margin stood at 26.9% in 2022, then dropped by 28 bps to 19.43% in 2023, then decreased by 4 bps to 18.61% in 2024, then surged by 59 bps to 29.68% in 2025, then retreated by 27 bps to 21.78% in 2026.
- The last three FCF Margin figures came in at 21.78% (Q2 2026), 20.74% (Q1 2026), and 29.68% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 187.42 Bn | 182.47 Bn | 7.27 Bn | 15.81% |
| 2 | Intuitive Surgical | 129.78 Bn | 124.69 Bn | 1.96 Bn | 32.79% |
| 3 | Medtronic | 120.53 Bn | 112.33 Bn | 6.34 Bn | 13.22% |
| 4 | Stryker | 116.28 Bn | 112.80 Bn | 4.50 Bn | 16.07% |
| 5 | Boston Scientific | 69.29 Bn | 68.99 Bn | 3.85 Bn | 23.50% |
| 6 | Edwards Lifesciences | 51.83 Bn | 47.68 Bn | 1.35 Bn | 33.60% |
| 7 | Alcon | 34.36 Bn | 32.91 Bn | 1.68 Bn | 21.78% |
| 8 | Dexcom | 33.17 Bn | 31.23 Bn | 830.00 Mn | 14.10% |
| 9 | Steris | 21.90 Bn | 21.43 Bn | 684.20 Mn | 18.73% |
| 10 | Zimmer Biomet Holdings | 18.70 Bn | 18.30 Bn | 1.54 Bn | 18.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.78% |
| Mar 31, 2026 | 20.74% |
| Dec 31, 2025 | 29.68% |
| Sep 30, 2025 | 34.38% |
| Jun 30, 2025 | 23.55% |
| Dec 31, 2024 | 18.61% |
| Sep 30, 2024 | 35.55% |
| Jun 30, 2024 | 25.06% |
| Mar 31, 2024 | 18.54% |
| Dec 31, 2023 | 19.43% |
| Sep 30, 2023 | 27.95% |
| Jun 30, 2023 | 18.25% |
| Mar 31, 2023 | 8.04% |
| Dec 31, 2022 | 26.90% |
| Sep 30, 2022 | 26.26% |
| Jun 30, 2022 | 23.59% |
| Mar 31, 2022 | 8.41% |
| Dec 31, 2021 | 32.90% |
| Sep 30, 2021 | 27.31% |
| Jun 30, 2021 | 23.70% |