Alcon (ALC) Operating Margin (2009 - 2026)
Alcon's Operating Margin came in at 0.40% for Q2 2026, down 9.19 percentage points from 9.58% a year earlier and down 10.48 percentage points from the prior quarter.
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Analysis
Alcon (ALC) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Alcon reported Operating Margin of 8.03%, down 4.93 percentage points year-over-year; for FY2025, it was 13.18%, down 1.19 percentage points from FY2024.
- Operating Margin carries a five-year change of +20.23 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 14.37% in FY2024 (+3.28 pp), 11.09% in FY2023 (+3.32 pp), 7.77% in FY2022 (+0.77 pp) and 7.00% in FY2021 (+14.05 pp).
- The Q2 2026 figure represents the lowest quarterly Operating Margin since Q4 2020.
- Year-over-year, Operating Margin increased in two of the last five quarters, with an average year-over-year change of -1.74 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q4 2021 (a gain of 33.31 percentage points), and the weakest in Q2 2026 (a drop of 9.19 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 17.40% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 13.44% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 17.99% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 33.60% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 25.18% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 21.65% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 29.48% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 13.31% |
| 10 | Alcon | 31.56 Bn | 24.76 Bn | 1.68 Bn | 0.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.40% |
| Mar 31, 2026 | 10.88% |
| Dec 31, 2025 | 11.58% |
| 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% |
| Mar 31, 2021 | 7.72% |
API Access
Alcon Operating Margin 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=operating-margin&ticker=ALC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=ALC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();