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

ALCON INC is the larger business by last-quarter revenue ($2.6B vs $2.3B, roughly 1.2× Prologis). Prologis runs the higher net margin — 62.1% vs 6.8%, a 55.4% gap on every dollar of revenue. On growth, ALCON INC posted the faster year-over-year revenue change (4.0% vs 2.4%).

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.

Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of 2025, the company operates more than 15,000 land acres and over 6,000 buildings comprising about 1.

ALC vs PLD — Head-to-Head

Bigger by revenue
ALC
ALC
1.2× larger
ALC
$2.6B
$2.3B
PLD
Growing faster (revenue YoY)
ALC
ALC
+1.6% gap
ALC
4.0%
2.4%
PLD
Higher net margin
PLD
PLD
55.4% more per $
PLD
62.1%
6.8%
ALC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
ALC
ALC
PLD
PLD
Revenue
$2.6B
$2.3B
Net Profit
$176.0M
$1.4B
Gross Margin
53.5%
Operating Margin
9.5%
72.2%
Net Margin
6.8%
62.1%
Revenue YoY
4.0%
2.4%
Net Profit YoY
-21.1%
9.5%
EPS (diluted)
$0.35
$1.50

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
PLD
PLD
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$2.6B
$2.2B
Q1 25
$2.1B
Q4 24
$2.2B
Q3 24
$2.0B
Q2 24
$2.5B
$2.0B
Q1 24
$2.0B
Net Profit
ALC
ALC
PLD
PLD
Q4 25
$1.4B
Q3 25
$764.3M
Q2 25
$176.0M
$571.2M
Q1 25
$593.0M
Q4 24
$1.3B
Q3 24
$1.0B
Q2 24
$223.0M
$861.3M
Q1 24
$585.7M
Gross Margin
ALC
ALC
PLD
PLD
Q4 25
Q3 25
Q2 25
53.5%
Q1 25
Q4 24
Q3 24
Q2 24
55.0%
Q1 24
Operating Margin
ALC
ALC
PLD
PLD
Q4 25
72.2%
Q3 25
42.5%
Q2 25
9.5%
41.8%
Q1 25
41.1%
Q4 24
64.6%
Q3 24
61.4%
Q2 24
12.7%
51.0%
Q1 24
36.8%
Net Margin
ALC
ALC
PLD
PLD
Q4 25
62.1%
Q3 25
34.5%
Q2 25
6.8%
26.2%
Q1 25
27.7%
Q4 24
58.1%
Q3 24
49.4%
Q2 24
8.9%
42.9%
Q1 24
29.9%
EPS (diluted)
ALC
ALC
PLD
PLD
Q4 25
$1.50
Q3 25
$0.82
Q2 25
$0.35
$0.61
Q1 25
$0.63
Q4 24
$1.38
Q3 24
$1.08
Q2 24
$0.45
$0.92
Q1 24
$0.63

Balance Sheet & Financial Strength

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

Metric
ALC
ALC
PLD
PLD
Cash + ST InvestmentsLiquidity on hand
$1.4B
$1.1B
Total DebtLower is stronger
$35.0B
Stockholders' EquityBook value
$22.1B
$53.2B
Total Assets
$31.4B
$98.7B
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALC
ALC
PLD
PLD
Q4 25
$1.1B
Q3 25
$1.2B
Q2 25
$1.4B
$1.1B
Q1 25
$671.1M
Q4 24
$1.3B
Q3 24
$780.9M
Q2 24
$1.4B
$598.3M
Q1 24
$500.6M
Total Debt
ALC
ALC
PLD
PLD
Q4 25
$35.0B
Q3 25
$35.3B
Q2 25
$34.7B
Q1 25
$32.3B
Q4 24
$30.9B
Q3 24
$32.3B
Q2 24
$29.9B
Q1 24
$29.6B
Stockholders' Equity
ALC
ALC
PLD
PLD
Q4 25
$53.2B
Q3 25
$52.6B
Q2 25
$22.1B
$52.7B
Q1 25
$53.5B
Q4 24
$54.0B
Q3 24
$53.1B
Q2 24
$20.9B
$53.3B
Q1 24
$53.2B
Total Assets
ALC
ALC
PLD
PLD
Q4 25
$98.7B
Q3 25
$98.3B
Q2 25
$31.4B
$97.7B
Q1 25
$96.0B
Q4 24
$95.3B
Q3 24
$95.9B
Q2 24
$29.7B
$93.5B
Q1 24
$93.3B
Debt / Equity
ALC
ALC
PLD
PLD
Q4 25
0.66×
Q3 25
0.67×
Q2 25
0.66×
Q1 25
0.60×
Q4 24
0.57×
Q3 24
0.61×
Q2 24
0.56×
Q1 24
0.56×

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
PLD
PLD
Operating Cash FlowLast quarter
$1.2B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.83×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALC
ALC
PLD
PLD
Q4 25
$1.2B
Q3 25
$1.4B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.3B
Q3 24
$1.4B
Q2 24
$1.1B
Q1 24
$1.1B
Cash Conversion
ALC
ALC
PLD
PLD
Q4 25
0.83×
Q3 25
1.89×
Q2 25
2.17×
Q1 25
1.96×
Q4 24
1.04×
Q3 24
1.43×
Q2 24
1.26×
Q1 24
1.80×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALC
ALC

Segment breakdown not available.

PLD
PLD

Real Estate Operations Segment$2.0B88%
Unconsolidated Co Investment Ventures$131.7M6%
Other$82.6M4%
Strategic Capital Segment$49.9M2%

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