Alcon ALC
NYSE ALC
$68.43 -0.69 (-1.00%)
As of: Sep 9, 2026 · 3:59 PM EDT

Alcon (ALC) Operating Margin (2009 - 2026)

Alcon (ALC) posted Operating Margin of 0.4% for Q2 2026, down 96.36% on a QoQ basis from 10.88% in Q1 2026, and down 919.0% year-over-year from 0.05% in Q2 2025.

Analysis

Alcon (ALC) Operating Margin (2009 - 2026) Analysis & Trends

Alcon has reported Operating Margin for 11 years, with the latest figure at 0.4% in Q2 2026.

  • On a quarterly basis, Operating Margin fell 919.0% year-over-year to 0.4% in Q2 2026; TTM through Jun 2026 was 8.81%, a 415.0% decrease from a year earlier, with the FY2025 full-year figure at 13.18%, down 119.0% from the prior year.
  • Operating Margin was 0.4% for Q2 2026 at Alcon, down from 10.88% in the prior quarter.
  • The five-year high for Operating Margin was 15.95% in Q4 2024, with the low at 0.4% in Q2 2026.
  • Average Operating Margin over 5 years is 10.45%, with a median of 11.24% recorded in 2022.
  • The sharpest annual moves came in 2022 and 2026: Operating Margin soared 863 bps in 2022, then sank 919 bps in 2026.
  • Over 5 years, Operating Margin stood at 0.97% in 2022, then soared by 822 bps to 8.92% in 2023, then soared by 79 bps to 15.95% in 2024, then decreased by 27 bps to 11.58% in 2025, then plunged by 97 bps to 0.4% in 2026.
  • The last three Operating Margin figures came in at 0.4% (Q2 2026), 10.88% (Q1 2026), and 11.58% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Abbott Laboratories 187.42 Bn 182.47 Bn 7.27 Bn 13.44%
2 Intuitive Surgical 129.78 Bn 124.69 Bn 1.96 Bn 33.60%
3 Medtronic 120.53 Bn 112.33 Bn 6.34 Bn 18.08%
4 Stryker 116.28 Bn 112.80 Bn 4.50 Bn 25.18%
5 Boston Scientific 69.29 Bn 68.99 Bn 3.85 Bn 21.65%
6 Edwards Lifesciences 51.83 Bn 47.68 Bn 1.35 Bn 29.48%
7 Alcon 34.36 Bn 32.91 Bn 1.68 Bn 0.40%
8 Dexcom 33.17 Bn 31.23 Bn 830.00 Mn 24.33%
9 Steris 21.90 Bn 21.43 Bn 684.20 Mn 19.15%
10 Zimmer Biomet Holdings 18.70 Bn 18.30 Bn 1.54 Bn 14.98%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.40%
Mar 31, 2026 10.88%
Dec 31, 2025 11.58%
Sep 30, 2025 12.82%
Jun 30, 2025 9.58%
Dec 31, 2024 15.95%
Sep 30, 2024 13.65%
Jun 30, 2024 12.81%
Mar 31, 2024 15.06%
Dec 31, 2023 8.92%
Sep 30, 2023 12.58%
Jun 30, 2023 11.15%
Mar 31, 2023 11.39%
Dec 31, 2022 0.97%
Sep 30, 2022 9.58%
Jun 30, 2022 9.02%
Mar 31, 2022 11.24%
Dec 31, 2021 8.47%
Sep 30, 2021 0.95%
Jun 30, 2021 10.85%