Alcon (ALC) Gross Profit : $5,247 Mil (TTM As of Dec. 2023)

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What is Alcon Gross Profit?

Alcon's gross profit for the three months ended in Dec. 2023 was $1,290 Mil. Alcon's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $5,247 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Alcon's gross profit for the three months ended in Dec. 2023 was $1,290 Mil. Alcon's Revenue for the three months ended in Dec. 2023 was $2,352 Mil. Therefore, Alcon's Gross Margin % for the quarter that ended in Dec. 2023 was 54.85%.

Alcon had a gross margin of 54.85% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of Alcon was 56.11%. The lowest was 43.03%. And the median was 47.97%.

Alcon Gross Profit Historical Data

The historical data trend for Alcon's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Alcon Gross Profit Chart

Alcon Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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3,662.00

2,940.00

4,652.00

4,748.00

5,247.00

Alcon Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial															1,170.00	1,305.00	1,363.00	1,289.00	1,290.00

Competitive Comparison of Alcon's Gross Profit

For the Medical Instruments & Supplies subindustry, Alcon's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Alcon's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Alcon's Gross Profit distribution charts can be found below:

* The bar in red indicates where Alcon's Gross Profit falls into.

Alcon Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Alcon's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	9455	-	4208
	=	5,247

Alcon's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	2352	-	1062
	=	1,290

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,247 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Alcon's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	1,290	/	2352
	=	54.85 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Alcon (NYSE:ALC) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Alcon had a gross margin of 54.85% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Alcon Gross Profit Related Terms

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Alcon (ALC) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ALC:Mexico ALCz:UK 0A0D:UK ALC:Switzerland

Address

Chemin de Blandonnet 8, Royce Bedward, Vernier, Geneva, CHE, 1214

Website

https://www.alcon.com

Alcon is one of the leading visioncare companies in the world. Following nine years as a Novartis subsidiary, it was spun off as a public company in April 2019. Alcon operates in two segments: visioncare and surgical. Visioncare comprises contact lenses, lenscare solutions, and a suite of ocular health products. With brands like Dailies, Total1, and Air Optix, Alcon controls one fourth of the U.S. contact lens market. Surgical comprises intraocular lenses, ophthalmic surgical equipment, and consumables used during surgeries. Its main products include Centurion, a phacoemulsification device used during cataract surgeries, and a portfolio of IOLs including PanOptix and Vivity. Alcon has one of the largest installed bases of eye surgical equipment in the world.