Alcon (ALC) Invested Capital (2009 - 2026)
Alcon's Invested Capital came in at $26.32 billion for Q2 2026, down 2.1% from $26.88 billion a year earlier but up 15.9% from the prior quarter.
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Analysis
Alcon (ALC) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Alcon's Invested Capital was $26.77 billion, up 2.2% from FY2024.
- Invested Capital has increased in each of the last five years, with a five-year compound annual growth rate of 6.7% (FY2020 to FY2025).
- Going back by year, Invested Capital was $26.2 billion in FY2024 (+3.3%), $25.36 billion in FY2023 (+4.3%), $24.33 billion in FY2022 (+4.2%) and $23.34 billion in FY2021 (+20.7%).
- The five-year range for quarterly Invested Capital is $19.23 billion (Q3 2021) to $26.88 billion (Q2 2025).
- Year-over-year, Invested Capital increased in four of the last five quarters, with growth averaging 5.2%.
- The fastest year-over-year change in Invested Capital over five years came in Q4 2021 (growth of 20.7%), and the weakest in Q2 2023 (a decline of 6.2%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.06 Bn | 229.21 Bn | 4.88 Bn | 95.24 Bn |
| 2 | Abbott Laboratories | 177.62 Bn | 148.71 Bn | 7.27 Bn | 84.37 Bn |
| 3 | Danaher | 161.58 Bn | 145.40 Bn | 3.61 Bn | 79.15 Bn |
| 4 | Intuitive Surgical | 153.84 Bn | 134.26 Bn | 2.08 Bn | - |
| 5 | Medtronic | 123.63 Bn | 89.50 Bn | 6.34 Bn | 79.00 Bn |
| 6 | Stryker | 117.79 Bn | 103.90 Bn | 4.50 Bn | 38.93 Bn |
| 7 | Boston Scientific | 66.71 Bn | 61.72 Bn | 3.85 Bn | 37.80 Bn |
| 8 | Becton Dickinson | 54.60 Bn | 51.75 Bn | 2.32 Bn | 41.22 Bn |
| 9 | Edwards Lifesciences | 51.95 Bn | 36.07 Bn | 1.35 Bn | 11.32 Bn |
| 10 | Alcon | 34.43 Bn | 25.40 Bn | 1.68 Bn | 26.31 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.31 Bn |
| Mar 31, 2026 | 26.29 Bn |
| Dec 31, 2025 | 26.77 Bn |
| Sep 30, 2025 | 26.25 Bn |
| Jun 30, 2025 | 26.86 Bn |
| Mar 31, 2025 | 26.54 Bn |
| Dec 31, 2024 | 26.20 Bn |
| Sep 30, 2024 | 26.01 Bn |
| Jun 30, 2024 | 25.63 Bn |
| Mar 31, 2024 | 17.28 Bn |
| Dec 31, 2023 | 25.36 Bn |
| Sep 30, 2023 | 24.67 Bn |
| Jun 30, 2023 | 24.62 Bn |
| Mar 31, 2023 | 16.07 Bn |
| Dec 31, 2022 | 24.33 Bn |
| Sep 30, 2022 | 16.91 Bn |
| Jun 30, 2022 | 23.51 Bn |
| Mar 31, 2022 | 16.39 Bn |
| Dec 31, 2021 | 23.34 Bn |
| Sep 30, 2021 | 16.56 Bn |
API Access
Alcon Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=ALC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "ALC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=ALC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();