Alcon (XSWX:ALC) Pre-Tax Income: CHF786 Mil (TTM As of Mar. 2026)

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XSWX:ALC Alcon Inc XSWX:ALC
70 GF Score
Price CHF56.62
GF Value CHF74.29
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Alcon Pre-Tax Income?

Alcon XSWX:ALC +2.24% 70 Pre-Tax Income is CHF786 Mil as of Mar. 2026. GuruFocus rates XSWX:ALC with a GF Score™ of 70/100 and a GF Value™ of CHF74.29 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Alcon's pretax income for the three months ended in Mar. 2026 was CHF189 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2026 was CHF786 Mil. Alcon's pretax margin was 8.87%.

During the past 10 years, Alcon's highest Pretax Margin was 12.67%. The lowest was -9.29%. And the median was 1.67%.


Alcon  (XSWX:ALC) Pre-Tax Income Explanation

Alcon's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=188.952/2130.434
=8.87%

During the past 10 years, Alcon's highest Pretax Margin was 12.67%. The lowest was -9.29%. And the median was 1.67%.

* 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 Pre-Tax Income Related Terms


Alcon Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Alcon's Pre-Tax Income 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 Pre-Tax Income Chart

Alcon Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 384.98 431.33 719.51 1,119.85 924.40

Alcon Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pre-Tax Income 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 365.81 161.83 225.30 210.38 188.95

XSWX:ALC vs ISRG, BDX, MDLN: Pre-Tax Income Comparison

For the Medical Instruments & Supplies subindustry, Alcon's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Alcon's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Alcon's Pre-Tax Income falls into.


XSWX:ALC
70GF Score
Alcon Inc XSWX:ALC
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alcon Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Alcon's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1083.784+-46.22+-162.568+58.971+-9.5630000000001
=924

Alcon's Pretax Income for the quarter that ended in Mar. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=229.892+-1.575+-40.94+0+1.575
=189

Pre-Tax Income 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 CHF786 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of CHF786 Mil mean?
Alcon (XSWX:ALC) has a Pre-Tax Income of CHF786 Mil as of Mar. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Alcon and its competitors.
Is Alcon's Pre-Tax Income too high?
Alcon's current Pre-Tax Income is CHF786 Mil. 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 Pre-Tax Income compare to ISRG and BDX?
Alcon's Pre-Tax Income of CHF786 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Medical Devices & Instruments company?
A good Pre-Tax Income depends on the Medical Devices & Instruments industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Alcon and its competitors. Alcon's current Pre-Tax Income is CHF786 Mil. 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 CHF74.29, compared to a current price of CHF56.62 — trading 23.8% below its estimated fair value. The current Pre-Tax Income is CHF786 Mil. 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 Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Alcon (XSWX:ALC), the current Pre-Tax Income is CHF786 Mil 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 CHF56.62 is trading 23.8% below its estimated GF Value™ of CHF74.29. GuruFocus considers Alcon to be Modestly Undervalued.

Key valuation signals for XSWX:ALC:

  • Pre-Tax Income: CHF786 Mil
  • GF Value™: CHF74.29 vs. price of CHF56.62 (23.8% 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

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF56.62
Price
CHF74.29
GF Value