Alcon AG (ALC) — Financial Flexibility Index

Latest as of December 2025: 0.09x

Alcon AG (ALC) has a Financial Flexibility Index of 0.09x as of December 2025. Free cash flow of CHF831.24 Million (operating CF CHF661.33 Million minus capex CHF169.91 Million) represents 0% of total liabilities (CHF9.51 Billion). Check ALC cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.09x
Free Cash Flow / Total Liabilities

Free Cash Flow

CHF831.24 Million
Operating CF − Capex

Total Liabilities

CHF9.51 Billion
CHF

Capital Expenditures

CHF169.91 Million
CHF

Alcon AG Financial Flexibility Index (2015–2025)

Historical Financial Flexibility Index trend for Alcon AG across 11 annual periods. For the full cash flow conversion analysis, see ALC cash generation efficiency.

Annual Financial Flexibility Index for Alcon AG (2015–2025)

Year-by-year free cash flow to debt coverage for Alcon AG. Explore how well can Alcon AG service its debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CHF) Operating CF Total Liabilities YoY Change
2025 0.31x CHF2.95 Billion CHF2.38 Billion CHF9.51 Billion ▼ -0.8%
2024 0.31x CHF2.75 Billion CHF2.08 Billion CHF8.79 Billion ▲ +25.4%
2023 0.25x CHF2.24 Billion CHF1.39 Billion CHF8.99 Billion ▲ +21.0%
2022 0.21x CHF1.96 Billion CHF1.22 Billion CHF9.53 Billion ▼ -28.7%
2021 0.29x CHF2.52 Billion CHF1.34 Billion CHF8.74 Billion ▲ +82.4%
2020 0.16x CHF1.39 Billion CHF823.00 Million CHF8.78 Billion ▼ -17.1%
2019 0.19x CHF1.60 Billion CHF920.00 Million CHF8.35 Billion ▼ -19.7%
2018 0.24x CHF1.85 Billion CHF1.14 Billion CHF7.79 Billion ▼ -39.5%
2017 0.39x CHF1.71 Billion CHF1.22 Billion CHF4.36 Billion ▲ +6.2%
2016 0.37x CHF1.75 Billion CHF1.25 Billion CHF4.73 Billion ▼ -6.9%
2015 0.40x CHF1.82 Billion CHF1.37 Billion CHF4.57 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities