ALCON INC (ALC) intrinsic value & 10-year financials
ALCON INC (ALC) has a Graham intrinsic value of $65.77 per share. Over the last 10 fiscal years revenue grew 5.5% a year to $10.4B, with an average return on invested capital of 1.6%.
- Graham intrinsic value
- $65.77
- Revenue (FY2025)
- $10.4B
- Revenue growth (10-yr CAGR)
- 5.5%
- ROIC (10-yr avg)
- 1.6%
- Free cash flow (FY2025)
- $1.7B
ALC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $10.4B | $980.0M | $1.98 | $1.7B | 13.1% | 4.6% |
| FY2024 | $9.9B | $1.0B | $2.05 | $1.6B | 14.3% | 4.7% |
| FY2023 | $9.5B | $974.0M | $1.96 | $730.0M | 11.0% | 4.4% |
| FY2022 | $8.7B | $335.0M | $0.68 | $581.0M | 7.7% | 2.2% |
| FY2021 | $8.3B | $376.0M | $0.76 | $645.0M | 7.0% | 2.4% |
| FY2020 | $6.8B | -$531.0M | -$1.09 | $344.0M | -7.1% | -1.9% |
| FY2019 | $7.5B | -$656.0M | -$1.34 | $367.0M | -2.5% | -0.8% |
| FY2018 | $7.2B | -$227.0M | -$0.46 | $616.0M | -3.5% | -0.8% |
| FY2017 | $6.8B | $256.0M | $0.52 | $803.0M | -1.1% | -0.2% |
| FY2016 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
ALCON INC revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
ALCON INC has historically struggled to out-earn its cost of capital, averaging just 1.6% ROIC.
ALCON INC capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, ALCON INC is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $65.77 per share.