Alcon (ALC) Invested Capital (2009 - 2025)

Alcon (ALC) posted quarterly Invested Capital of $4.7 billion for Q4 2025, up 2.02% year-on-year from $4.6 billion in Q4 2024, and little changed on a QoQ basis from $4.7 billion in Q2 2025.

Alcon (ALC) Invested Capital (2009 - 2025) Analysis & Trends

Alcon (ALC) has reported Invested Capital for 10 consecutive years, with $4.7 billion the latest figure, recorded in Q4 2025.

  • Quarterly Invested Capital rose 2.02% year-over-year to $4.7 billion in Q4 2025, while the trailing twelve-month figure through Mar 2026 was $9.5 billion (up 1.63% YoY) and the FY2025 annual result came in at $4.7 billion, up 2.02% from the prior year.
  • Invested Capital steadied at $4.7 billion in Q4 2025 per ALC's latest filing, from $4.7 billion in the prior quarter.
  • Over the last five years, Invested Capital for ALC reached as high as $4.7 billion in Q2 2025 and fell as low as -$146.0 million in Q1 2021.
  • A 5-year average of $2.8 billion and a median of $4.1 billion in 2021 frame the typical range for Invested Capital.
  • The largest YoY upside for Invested Capital was 21.92% in 2022 against a maximum downside of 3.69% in 2022.
  • Year by year, Invested Capital stood at $4.1 billion in 2021, then rose by 13.92% to $4.6 billion in 2022, then gained by 1.96% to $4.7 billion in 2023, then dropped by 2.03% to $4.6 billion in 2024, then rose by 2.02% to $4.7 billion in 2025.
  • According to Business Quant data, Invested Capital over the past three periods registered $4.7 billion, $4.7 billion, and $4.6 billion for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn -
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn -
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn 2.57 Bn
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn 77.00 Mn
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn 259.93 Mn
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn -
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn 598.90 Mn
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn 208.00 Mn
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn -
10 Baxter International 11.17 Bn 9.12 Bn 891.00 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 4.74 Bn
Jun 30, 2025 4.75 Bn
Dec 31, 2024 4.64 Bn
Jun 30, 2024 4.69 Bn
Mar 31, 2024 -92.00 Mn
Dec 31, 2023 4.74 Bn
Jun 30, 2023 4.68 Bn
Mar 31, 2023 -100.00 Mn
Dec 31, 2022 4.65 Bn
Sep 30, 2022 -96.00 Mn
Jun 30, 2022 3.97 Bn
Mar 31, 2022 -114.00 Mn
Dec 31, 2021 4.08 Bn
Sep 30, 2021 -109.00 Mn
Jun 30, 2021 4.12 Bn
Mar 31, 2021 -146.00 Mn
Dec 31, 2020 4.12 Bn
Jun 30, 2020 4.14 Bn
Mar 31, 2020 -185.00 Mn
Dec 31, 2019 3.48 Bn