Alcon
Financial Performance
Alcon Revenue & Financials
Revenue
$9.8B (FY2024)
Market Cap
$43.5B
Employees
25,500
What is Alcon's revenue?
Alcon had $9.8B in revenue for fiscal year 2024, up 4.8% from 2023.
- Latest revenue
- $9.8B (FY2024)
- Year-over-year
- +4.8%
- Growth rate (CAGR)
- 6.1% over 3 years
- Peak revenue
- $9.8B (FY2024)
- Years of data
- 4
- Employees
- 25,500
- How many employees does Alcon have?
- Alcon has about 25,500 employees.
Financial Analysis
Alcon delivers consistent, defensive financial growth marked by steady mid-single-digit constant currency revenue expansion, expanding operating margins, and strong cash generation. In fiscal 2024, Alcon generated net sales of $9.82 billion, up 6% constant currency, driven by broad-based adoption of Clareon IOLs and double-digit growth in water-gradient contact lenses (DAILIES Total1 and TOTAL30). Core operating margin expanded to 20.6%, reflecting manufacturing productivity gains and pricing realization. Free cash flow reached $1.4 billion, allowing Alcon to maintain an investment-grade balance sheet with a net debt-to-EBITDA ratio of 1.7x. Alcon returns capital to shareholders through a progressive annual dividend, maintaining an attractive 25% payout ratio.
Revenue Trend Analysis
YoY Change
+4.8%
3-Year CAGR
+6.1%
Peak Year
2024
Trend
Consistent Growth
Alcon has 4 full fiscal year figures on this page, compounding at +6.1% annually over 3 years. The most recent year saw a 4.8% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $9.8B. Of 3 comparable year-over-year steps, 3 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024 | $9.8B | +4.8% |
| FY2023 | $9.4B | +8.3% |
| FY2022 | $8.7B | +5.2% |
| FY2021 | $8.2B | — |
Click any row to see year details.
Keep researching Alcon
Alcon Revenue and Financial FAQ
What was Alcon's revenue in 2024?
Alcon generated net sales of $9.82 billion in 2024, compared to $9.37 billion in 2023 and $8.65 billion in 2022, reflecting solid growth across both Surgical equipment/consumables and Vision Care contact lenses.
What are Alcon's gross profit and operating margins?
Alcon maintains a gross profit margin of approximately 56.4% and a core operating margin of 20.6%. The company is targeting core operating margin expansion toward the mid-20% range over the medium term.
Does Alcon pay a dividend to shareholders?
Yes, Alcon pays an annual dividend approved at its Annual General Meeting. Domiciled in Switzerland, the company maintains a dividend policy targeting an annual payout of approximately 25% of core net income.
How does Alcon fund its acquisitions and R&D?
Alcon funds R&D (spending approximately 7% to 9% of sales, or ~$750-$850 million annually) and targeted acquisitions directly through operating cash flow ($1.4B free cash flow) and investment-grade corporate bond issuances.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Alcon Revenue & Financials." CorpDigest, https://corpdigest.com/company/alcon/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Alcon reported $9.8B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/alcon/financials" target="_blank" rel="noopener">CorpDigest — Alcon financials</a></div>Explore Alcon
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