Alcon (XSWX:ALC) Earnings per Share (Diluted): CHF1.33 (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:ALC Alcon Inc XSWX:ALC
70 GF Score
Price CHF54.90
GF Value CHF74.22
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Alcon Earnings per Share (Diluted)?

Alcon XSWX:ALC -1.65% 70 Earnings per Share (Diluted) is CHF1.33 as of Mar. 2026. GuruFocus rates XSWX:ALC with a GF Score™ of 70/100 and a GF Value™ of CHF74.22 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 661 Medical Devices & Instruments companies, Alcon ranks worse than 53.86% on this metric.

Alcon's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was CHF0.31. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was CHF1.33.

Alcon's EPS (Basic) for the three months ended in Mar. 2026 was CHF0.31. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was CHF1.33.

Alcon's EPS without NRI for the three months ended in Mar. 2026 was CHF0.67. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was CHF2.54.

During the past 12 months, Alcon's average EPS without NRIGrowth Rate was -3.60% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 5.40% per year. During the past 5 years, the average EPS without NRI Growth Rate was 18.50% per year.

During the past 10 years, Alcon's highest 3-Year average EPS without NRI Growth Rate was 36.90% per year. The lowest was -20.50% per year. And the median was 4.70% per year.


Alcon  (XSWX:ALC) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Alcon Earnings per Share (Diluted) Related Terms


Alcon Earnings per Share (Diluted) Historical Data

* Premium members only.

The historical data trend for Alcon's Earnings per Share (Diluted) 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.

Alcon Earnings per Share (Diluted) Chart

Alcon Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.63 1.70 1.83 1.58

Alcon Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.29 0.38 0.35 0.31

XSWX:ALC vs ISRG, BDX, MDLN: Earnings per Share (Diluted) Comparison

For the Medical Instruments & Supplies subindustry, Alcon's PE Ratio, along with its competitors' market caps and PE Ratio 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 PE Ratio vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Alcon's PE Ratio falls into.


XSWX:ALC
70GF Score
Alcon Inc XSWX:ALC
Earnings per Share (Diluted) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alcon Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Alcon's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as

Diluted Earnings Per Share (A: Dec. 2025 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(780.962-0)/496.200
=1.57

Alcon's Earnings Per Share (Diluted) for the quarter that ended in Mar. 2026 is calculated as

Diluted Earnings Per Share (Q: Mar. 2026 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(148.8-0)/490.200
=0.30

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF1.33

* 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.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

What does a Earnings per Share (Diluted) of CHF1.33 mean?
Alcon (XSWX:ALC) has a Earnings per Share (Diluted) of CHF1.33 as of Mar. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Alcon and its competitors. According to the industry distribution chart, Alcon ranks #356 out of 661 companies in the Medical Devices & Instruments industry, placing it in the top 53.9%.
Is Alcon's Earnings per Share (Diluted) too high?
Alcon's current Earnings per Share (Diluted) is CHF1.33. Based on the distribution chart, Alcon ranks #356 out of 661 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Alcon has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alcon's Earnings per Share (Diluted) compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Alcon ranks #356 out of 661 companies for Earnings per Share (Diluted). This places Alcon in the lower half of its industry. The industry median Earnings per Share (Diluted) is 8.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a Medical Devices & Instruments company?
The median Earnings per Share (Diluted) among Medical Devices & Instruments companies is 8.20, based on 661 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Alcon and its competitors. For the Medical Devices & Instruments industry, the median Earnings per Share (Diluted) is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alcon's current Earnings per Share (Diluted) is CHF1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alcon stock overvalued right now?
Based on GuruFocus' analysis, Alcon (XSWX:ALC) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF74.22, compared to a current price of CHF54.90 — trading 26% below its estimated fair value. The current Earnings per Share (Diluted) is CHF1.33. Alcon's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Alcon (XSWX:ALC), the current Earnings per Share (Diluted) is CHF1.33 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alcon (XSWX:ALC) Overvalued in 2026?

Based on GuruFocus' analysis, Alcon stock appears to be undervalued. The current stock price of CHF54.90 is trading 26% below its estimated GF Value™ of CHF74.22. GuruFocus considers Alcon to be Modestly Undervalued.

Key valuation signals for XSWX:ALC:

  • Earnings per Share (Diluted): CHF1.33
  • GF Value™: CHF74.22 vs. price of CHF54.90 (26% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the XSWX:ALC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alcon Business Description

Address Chemin de Blandonnet 8, Vernier, Geneva, CHE, 1214
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 about one fourth of the US 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.
70GF Score

Get the complete analysis for XSWX:ALC

Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF54.90
Price
CHF74.22
GF Value