Alcon (ALC) Operating Margin (2009 - 2026)
Alcon (ALC) recorded quarterly Operating Margin of 10.88% in Q1 2026, down 6.12% quarter-over-quarter from 11.58% in Q4 2025.
Alcon (ALC) Operating Margin (2009 - 2026) Analysis & Trends
Alcon's Operating Margin history runs 11 years deep, the most recent figure standing at 10.88% for Q1 2026.
- In Q1 2026, Operating Margin changed N/A year-over-year to 10.88%; the TTM figure through Mar 2026 stood at 11.22% (changed N/A YoY), while the FY2025 annual figure was 13.18%, down 119.0% from the prior year.
- Operating Margin was 10.88% for Q1 2026 at Alcon, down from 11.58% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 15.95% in Q4 2024 to a low of 0.97% in Q4 2022.
- Historically, Operating Margin has averaged 11.11% across 5 years, with a median of 11.4% in 2022.
- Biggest YoY gain for Operating Margin was 869 bps in 2022; the steepest drop was 755 bps in 2022.
- A 5-year view of Operating Margin shows it stood at 0.97% in 2022, then surged by 815 bps to 8.92% in 2023, then surged by 79 bps to 15.95% in 2024, then retreated by 27 bps to 11.58% in 2025, then slipped by 6 bps to 10.88% in 2026.
- The last three Operating Margin figures came in at 10.88% (Q1 2026), 11.58% (Q4 2025), and 12.82% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 30.87% |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 1.97% |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 5.74% |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 34.92% |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 20.96% |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 4.04% |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | -2.87% |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 13.65% |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 2.44% |
| 10 | Alcon | 25,681.50 | -1.66 Bn | 1.53 Bn | 10.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 12.72% |
| Jun 30, 2023 | 11.24% |
| Mar 31, 2023 | 11.49% |
| Dec 31, 2022 | 0.97% |
| Sep 30, 2022 | 9.65% |
| Jun 30, 2022 | 9.09% |
| Mar 31, 2022 | 11.31% |
| Dec 31, 2021 | 8.53% |
| Sep 30, 2021 | 0.96% |
| Jun 30, 2021 | 10.94% |
| Mar 31, 2021 | 7.80% |