Alcon AG (ALC) - Net Assets
Based on the latest financial reports, Alcon AG (ALC) has net assets worth CHF22.02 Billion CHF (≈ $27.84 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF31.53 Billion ≈ $39.87 Billion USD) and total liabilities (CHF9.51 Billion ≈ $12.03 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Alcon AG's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CHF22.02 Billion |
| % of Total Assets | 69.83% |
| Annual Growth Rate | -0.71% |
| 5-Year Change | 14.36% |
| 10-Year Change | -4.31% |
| Growth Volatility | 5.5 |
Alcon AG - Net Assets Trend (2015–2025)
This chart illustrates how Alcon AG's net assets have evolved over time, based on quarterly financial data. Also explore how large is Alcon AG's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Alcon AG (2015–2025)
The table below shows the annual net assets of Alcon AG from 2015 to 2025. For live valuation and market cap data, see Alcon AG (ALC) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CHF22.02 Billion ≈ $27.84 Billion |
+2.17% |
| 2024-12-31 | CHF21.55 Billion ≈ $27.25 Billion |
+4.50% |
| 2023-12-31 | CHF20.62 Billion ≈ $26.07 Billion |
+4.81% |
| 2022-12-31 | CHF19.68 Billion ≈ $24.88 Billion |
+2.19% |
| 2021-12-31 | CHF19.26 Billion ≈ $24.34 Billion |
+2.31% |
| 2020-12-31 | CHF18.82 Billion ≈ $23.80 Billion |
-2.49% |
| 2019-12-31 | CHF19.30 Billion ≈ $24.40 Billion |
-1.09% |
| 2018-12-31 | CHF19.52 Billion ≈ $24.67 Billion |
-15.26% |
| 2017-12-31 | CHF23.03 Billion ≈ $29.11 Billion |
+0.07% |
| 2016-12-31 | CHF23.01 Billion ≈ $29.09 Billion |
-2.64% |
| 2015-12-31 | CHF23.64 Billion ≈ $29.88 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Alcon AG's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CHF19.99 Million | 0.09% |
| Other Comprehensive Income | CHF22.00 Billion | 99.91% |
| Total Equity | CHF22.02 Billion | 100.00% |
Alcon AG Competitors by Market Cap
The table below lists competitors of Alcon AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Otis Worldwide Corp
NYSE:OTIS
|
$30.04 Billion |
|
Adani Enterprises Limited
NSE:ADANIENT
|
$30.06 Billion |
|
Teledyne Technologies Incorporated
NYSE:TDY
|
$30.06 Billion |
|
DTE Energy Company
NYSE:DTE
|
$30.10 Billion |
|
BeiGene, Ltd.
NASDAQ:ONC
|
$30.02 Billion |
|
VICI Properties Inc
NYSE:VICI
|
$30.00 Billion |
|
Extra Space Storage Inc
NYSE:EXR
|
$29.99 Billion |
|
Prudential plc
F:PRU2
|
$29.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alcon AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,553,000,000 to 22,019,549,000, a change of 466,549,000 (2.2%).
- Net income of 1,026,623,836 contributed positively to equity growth.
- Dividend payments of 173,897,505 reduced retained earnings.
- Share repurchases of 708,160,931 reduced equity.
- Other comprehensive income increased equity by 466,562,118.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CHF1.03 Billion | +4.66% |
| Dividends Paid | CHF173.90 Million | -0.79% |
| Share Repurchases | CHF708.16 Million | -3.22% |
| Other Comprehensive Income | CHF466.56 Million | +2.12% |
| Other Changes | CHF-144.58 Million | -0.66% |
| Total Change | CHF- | 2.16% |
Book Value vs Market Value Analysis
This analysis compares Alcon AG's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.31x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.20x to 1.31x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CHF48.37 | CHF58.22 | x |
| 2016-12-31 | CHF47.09 | CHF58.22 | x |
| 2017-12-31 | CHF47.12 | CHF58.22 | x |
| 2018-12-31 | CHF39.93 | CHF58.22 | x |
| 2019-12-31 | CHF39.54 | CHF58.22 | x |
| 2020-12-31 | CHF38.49 | CHF58.22 | x |
| 2021-12-31 | CHF39.03 | CHF58.22 | x |
| 2022-12-31 | CHF39.80 | CHF58.22 | x |
| 2023-12-31 | CHF41.54 | CHF58.22 | x |
| 2024-12-31 | CHF43.32 | CHF58.22 | x |
| 2025-12-31 | CHF44.38 | CHF58.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alcon AG utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.42%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.43x
- Recent ROE (4.66%) is above the historical average (1.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 1.30% | 4.55% | 0.24x | 1.19x | CHF-2.06 Billion |
| 2016 | -0.74% | -2.58% | 0.24x | 1.21x | CHF-2.47 Billion |
| 2017 | 1.11% | 3.77% | 0.25x | 1.19x | CHF-2.05 Billion |
| 2018 | -1.61% | -4.33% | 0.27x | 1.40x | CHF-2.27 Billion |
| 2019 | -3.40% | -8.74% | 0.27x | 1.43x | CHF-2.59 Billion |
| 2020 | -2.82% | -7.77% | 0.25x | 1.47x | CHF-2.41 Billion |
| 2021 | 1.95% | 4.54% | 0.30x | 1.45x | CHF-1.55 Billion |
| 2022 | 1.70% | 3.84% | 0.30x | 1.48x | CHF-1.63 Billion |
| 2023 | 4.72% | 10.30% | 0.32x | 1.44x | CHF-1.09 Billion |
| 2024 | 4.72% | 10.27% | 0.33x | 1.41x | CHF-1.14 Billion |
| 2025 | 4.66% | 9.42% | 0.35x | 1.43x | CHF-1.18 Billion |
Industry Comparison
This section compares Alcon AG's net assets metrics with peer companies in the Medical Instruments & Supplies industry.
Industry Context
- Industry: Medical Instruments & Supplies
- Average net assets among peers: $230,405,632
- Average return on equity (ROE) among peers: 12.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alcon AG (ALC) | CHF22.02 Billion | 1.30% | 0.43x | $30.03 Billion |
| Coltene Holding AG (CLTN) | $90.23 Million | 9.12% | 1.08x | $292.50 Million |
| SKAN Group AG (SKAN) | $86.87 Million | 5.15% | 0.02x | $1.13 Billion |
| Straumann Holding AG (STMN) | $623.50 Million | 28.21% | 0.52x | $15.48 Billion |
| Tecan Group AG (TECN) | $143.33 Million | 9.74% | 1.36x | $1.72 Billion |
| IVF Hartmann Holding AG (VBSN) | $48.48 Million | 21.37% | 0.47x | $336.00 Million |
| Ypsomed Holding AG (YPSN) | $390.03 Million | 0.70% | 0.60x | $3.85 Billion |
About Alcon AG
Alcon Inc. researches, develops, manufactures, distributes, and sells eye care products worldwide. The company operates through two segments, Surgical and Vision Care. It offers equipment, instrumentation and diagnostics, intraocular lenses (IOLs), and other implantables; and consumables, including viscoelastics, surgical solutions, incisional instruments, surgical custom packs, and other product… Read more