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Side-by-side financial comparison of ALCON INC (ALC) and LEVI STRAUSS & CO (LEVI). Click either name above to swap in a different company.

ALCON INC is the larger business by last-quarter revenue ($2.6B vs $1.8B, roughly 1.5× LEVI STRAUSS & CO). LEVI STRAUSS & CO runs the higher net margin — 8.9% vs 6.8%, a 2.2% gap on every dollar of revenue. On growth, ALCON INC posted the faster year-over-year revenue change (4.0% vs -4.0%).

Alcon Inc. is a Swiss-American pharmaceutical and medical device company specializing in eye care products. Alcon is incorporated in the Canton of Fribourg, Switzerland, and its global headquarters are located in Geneva, but its main operational base is in Fort Worth, Texas, United States, where it employs about 4,500 people.

Levi Strauss & Co. is an American clothing company known worldwide for its Levi's brand of denim jeans. It was founded in May 1853 when German-Jewish immigrant Levi Strauss moved from Buttenheim, Bavaria, to San Francisco, California, to open a West Coast branch of his brothers' New York dry goods business. Although the corporation is registered in Delaware, the company's corporate headquarters is located in Levi's Plaza in San Francisco.

ALC vs LEVI — Head-to-Head

Bigger by revenue
ALC
ALC
1.5× larger
ALC
$2.6B
$1.8B
LEVI
Growing faster (revenue YoY)
ALC
ALC
+8.0% gap
ALC
4.0%
-4.0%
LEVI
Higher net margin
LEVI
LEVI
2.2% more per $
LEVI
8.9%
6.8%
ALC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
ALC
ALC
LEVI
LEVI
Revenue
$2.6B
$1.8B
Net Profit
$176.0M
$158.0M
Gross Margin
53.5%
60.8%
Operating Margin
9.5%
11.9%
Net Margin
6.8%
8.9%
Revenue YoY
4.0%
-4.0%
Net Profit YoY
-21.1%
-13.4%
EPS (diluted)
$0.35
$0.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALC
ALC
LEVI
LEVI
Q4 25
$1.8B
Q3 25
$1.5B
Q2 25
$2.6B
$1.4B
Q1 25
$1.5B
Q4 24
$1.8B
Q3 24
$1.5B
Q2 24
$2.5B
$1.4B
Q1 24
$1.6B
Net Profit
ALC
ALC
LEVI
LEVI
Q4 25
$158.0M
Q3 25
$218.1M
Q2 25
$176.0M
$67.0M
Q1 25
$135.0M
Q4 24
$182.5M
Q3 24
$20.7M
Q2 24
$223.0M
$18.0M
Q1 24
$-10.6M
Gross Margin
ALC
ALC
LEVI
LEVI
Q4 25
60.8%
Q3 25
61.7%
Q2 25
53.5%
62.6%
Q1 25
62.1%
Q4 24
61.3%
Q3 24
60.0%
Q2 24
55.0%
60.5%
Q1 24
58.2%
Operating Margin
ALC
ALC
LEVI
LEVI
Q4 25
11.9%
Q3 25
10.8%
Q2 25
9.5%
7.5%
Q1 25
12.5%
Q4 24
11.5%
Q3 24
2.0%
Q2 24
12.7%
1.5%
Q1 24
-0.0%
Net Margin
ALC
ALC
LEVI
LEVI
Q4 25
8.9%
Q3 25
14.1%
Q2 25
6.8%
4.6%
Q1 25
8.8%
Q4 24
9.9%
Q3 24
1.4%
Q2 24
8.9%
1.2%
Q1 24
-0.7%
EPS (diluted)
ALC
ALC
LEVI
LEVI
Q4 25
$0.39
Q3 25
$0.55
Q2 25
$0.35
$0.17
Q1 25
$0.34
Q4 24
$0.46
Q3 24
$0.05
Q2 24
$0.45
$0.04
Q1 24
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALC
ALC
LEVI
LEVI
Cash + ST InvestmentsLiquidity on hand
$1.4B
$848.8M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$22.1B
$2.3B
Total Assets
$31.4B
$6.8B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALC
ALC
LEVI
LEVI
Q4 25
$848.8M
Q3 25
$707.5M
Q2 25
$1.4B
$736.7M
Q1 25
$574.4M
Q4 24
$690.0M
Q3 24
$577.1M
Q2 24
$1.4B
$641.4M
Q1 24
$516.7M
Total Debt
ALC
ALC
LEVI
LEVI
Q4 25
$1.1B
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$987.4M
Q4 24
$994.0M
Q3 24
$1.0B
Q2 24
$1.0B
Q1 24
$1.0B
Stockholders' Equity
ALC
ALC
LEVI
LEVI
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$22.1B
$2.1B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$1.9B
Q2 24
$20.9B
$2.0B
Q1 24
$2.0B
Total Assets
ALC
ALC
LEVI
LEVI
Q4 25
$6.8B
Q3 25
$6.7B
Q2 25
$31.4B
$6.5B
Q1 25
$6.2B
Q4 24
$6.4B
Q3 24
$6.3B
Q2 24
$29.7B
$6.2B
Q1 24
$6.0B
Debt / Equity
ALC
ALC
LEVI
LEVI
Q4 25
0.46×
Q3 25
0.48×
Q2 25
0.49×
Q1 25
0.49×
Q4 24
0.50×
Q3 24
0.54×
Q2 24
0.51×
Q1 24
0.51×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALC
ALC
LEVI
LEVI
Operating Cash FlowLast quarter
$266.8M
Free Cash FlowOCF − Capex
$215.7M
FCF MarginFCF / Revenue
12.2%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
1.69×
TTM Free Cash FlowTrailing 4 quarters
$308.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALC
ALC
LEVI
LEVI
Q4 25
$266.8M
Q3 25
$24.8M
Q2 25
$185.5M
Q1 25
$52.5M
Q4 24
$297.3M
Q3 24
$52.3M
Q2 24
$262.8M
Q1 24
$286.0M
Free Cash Flow
ALC
ALC
LEVI
LEVI
Q4 25
$215.7M
Q3 25
$-39.4M
Q2 25
$146.0M
Q1 25
$-14.1M
Q4 24
$231.6M
Q3 24
$2.3M
Q2 24
$222.6M
Q1 24
$214.4M
FCF Margin
ALC
ALC
LEVI
LEVI
Q4 25
12.2%
Q3 25
-2.6%
Q2 25
10.1%
Q1 25
-0.9%
Q4 24
12.6%
Q3 24
0.2%
Q2 24
15.4%
Q1 24
13.8%
Capex Intensity
ALC
ALC
LEVI
LEVI
Q4 25
2.9%
Q3 25
4.2%
Q2 25
2.7%
Q1 25
4.4%
Q4 24
3.6%
Q3 24
3.3%
Q2 24
2.8%
Q1 24
4.6%
Cash Conversion
ALC
ALC
LEVI
LEVI
Q4 25
1.69×
Q3 25
0.11×
Q2 25
2.77×
Q1 25
0.39×
Q4 24
1.63×
Q3 24
2.53×
Q2 24
14.60×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALC
ALC

Segment breakdown not available.

LEVI
LEVI

Other$760.3M43%
Sales Channel Through Intermediary$583.2M33%
Sales Channel Directly To Consumer$376.0M21%
Beyond Yoga$46.3M3%

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