vs

Side-by-side financial comparison of ALCON INC (ALC) and PAN AMERICAN SILVER CORP (PAAS). Click either name above to swap in a different company.

PAN AMERICAN SILVER CORP is the larger business by last-quarter revenue ($2.8B vs $2.6B, roughly 1.1× ALCON INC).

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.

Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina.

ALC vs PAAS — Head-to-Head

Bigger by revenue
PAAS
PAAS
1.1× larger
PAAS
$2.8B
$2.6B
ALC

Income Statement — Q2 FY2025 vs Q3 FY2022

Metric
ALC
ALC
PAAS
PAAS
Revenue
$2.6B
$2.8B
Net Profit
$176.0M
Gross Margin
53.5%
27.0%
Operating Margin
9.5%
Net Margin
6.8%
Revenue YoY
4.0%
Net Profit YoY
-21.1%
EPS (diluted)
$0.35
$-1.05

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
PAAS
PAAS
Q2 25
$2.6B
Q2 24
$2.5B
Q2 23
$2.4B
Q3 22
$2.8B
Q2 22
$2.2B
Net Profit
ALC
ALC
PAAS
PAAS
Q2 25
$176.0M
Q2 24
$223.0M
Q2 23
$169.0M
Q3 22
Q2 22
$148.0M
Gross Margin
ALC
ALC
PAAS
PAAS
Q2 25
53.5%
Q2 24
55.0%
Q2 23
56.3%
Q3 22
27.0%
Q2 22
54.3%
Operating Margin
ALC
ALC
PAAS
PAAS
Q2 25
9.5%
Q2 24
12.7%
Q2 23
11.1%
Q3 22
Q2 22
9.0%
Net Margin
ALC
ALC
PAAS
PAAS
Q2 25
6.8%
Q2 24
8.9%
Q2 23
7.0%
Q3 22
Q2 22
6.7%
EPS (diluted)
ALC
ALC
PAAS
PAAS
Q2 25
$0.35
Q2 24
$0.45
Q2 23
$0.34
Q3 22
$-1.05
Q2 22
$0.30

Balance Sheet & Financial Strength

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

Metric
ALC
ALC
PAAS
PAAS
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$22.1B
Total Assets
$31.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALC
ALC
PAAS
PAAS
Q2 25
$1.4B
Q2 24
$1.4B
Q2 23
$661.0M
Q3 22
Q2 22
$1.0B
Stockholders' Equity
ALC
ALC
PAAS
PAAS
Q2 25
$22.1B
Q2 24
$20.9B
Q2 23
$19.9B
Q3 22
Q2 22
$19.5B
Total Assets
ALC
ALC
PAAS
PAAS
Q2 25
$31.4B
Q2 24
$29.7B
Q2 23
$29.2B
Q3 22
Q2 22
$27.7B

Financial Flow Comparison

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

Related Comparisons