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

ALCON INC is the larger business by last-quarter revenue ($2.6B vs $2.4B, roughly 1.1× Ralph Lauren Corporation). Ralph Lauren Corporation runs the higher net margin — 15.0% vs 6.8%, a 8.2% gap on every dollar of revenue. On growth, Ralph Lauren Corporation posted the faster year-over-year revenue change (12.2% 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.

Ralph Lauren is an American fashion designer, philanthropist, and billionaire businessman, best known for founding the brand Ralph Lauren, a global multibillion-dollar enterprise. He stepped down as CEO of the company in September 2015 but remains executive chairman and chief creative officer. As of May 2025, his net worth is estimated at US$11.9 billion.

ALC vs RL — Head-to-Head

Bigger by revenue
ALC
ALC
1.1× larger
ALC
$2.6B
$2.4B
RL
Growing faster (revenue YoY)
RL
RL
+8.2% gap
RL
12.2%
4.0%
ALC
Higher net margin
RL
RL
8.2% more per $
RL
15.0%
6.8%
ALC

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
ALC
ALC
RL
RL
Revenue
$2.6B
$2.4B
Net Profit
$176.0M
$361.6M
Gross Margin
53.5%
69.9%
Operating Margin
9.5%
19.6%
Net Margin
6.8%
15.0%
Revenue YoY
4.0%
12.2%
Net Profit YoY
-21.1%
21.6%
EPS (diluted)
$0.35
$5.82

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
RL
RL
Q4 25
$2.4B
Q3 25
$2.0B
Q2 25
$2.6B
$1.7B
Q1 25
$1.7B
Q4 24
$2.1B
Q3 24
$1.7B
Q2 24
$2.5B
$1.5B
Q1 24
$1.6B
Net Profit
ALC
ALC
RL
RL
Q4 25
$361.6M
Q3 25
$207.5M
Q2 25
$176.0M
$220.4M
Q1 25
$129.0M
Q4 24
$297.4M
Q3 24
$147.9M
Q2 24
$223.0M
$168.6M
Q1 24
$90.7M
Gross Margin
ALC
ALC
RL
RL
Q4 25
69.9%
Q3 25
68.0%
Q2 25
53.5%
72.3%
Q1 25
68.7%
Q4 24
68.4%
Q3 24
67.0%
Q2 24
55.0%
70.5%
Q1 24
66.6%
Operating Margin
ALC
ALC
RL
RL
Q4 25
19.6%
Q3 25
12.2%
Q2 25
9.5%
15.9%
Q1 25
9.1%
Q4 24
18.2%
Q3 24
10.4%
Q2 24
12.7%
13.8%
Q1 24
6.9%
Net Margin
ALC
ALC
RL
RL
Q4 25
15.0%
Q3 25
10.3%
Q2 25
6.8%
12.8%
Q1 25
7.6%
Q4 24
13.9%
Q3 24
8.6%
Q2 24
8.9%
11.1%
Q1 24
5.8%
EPS (diluted)
ALC
ALC
RL
RL
Q4 25
$5.82
Q3 25
$3.32
Q2 25
$0.35
$3.52
Q1 25
$2.03
Q4 24
$4.66
Q3 24
$2.31
Q2 24
$0.45
$2.61
Q1 24
$1.37

Balance Sheet & Financial Strength

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

Metric
ALC
ALC
RL
RL
Cash + ST InvestmentsLiquidity on hand
$1.4B
$2.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$22.1B
$2.9B
Total Assets
$31.4B
$7.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALC
ALC
RL
RL
Q4 25
$2.3B
Q3 25
$1.6B
Q2 25
$1.4B
$2.3B
Q1 25
$2.1B
Q4 24
$2.1B
Q3 24
$1.7B
Q2 24
$1.4B
$1.8B
Q1 24
$1.8B
Stockholders' Equity
ALC
ALC
RL
RL
Q4 25
$2.9B
Q3 25
$2.6B
Q2 25
$22.1B
$2.5B
Q1 25
$2.6B
Q4 24
$2.5B
Q3 24
$2.4B
Q2 24
$20.9B
$2.4B
Q1 24
$2.5B
Total Assets
ALC
ALC
RL
RL
Q4 25
$7.8B
Q3 25
$7.3B
Q2 25
$31.4B
$7.8B
Q1 25
$7.0B
Q4 24
$7.1B
Q3 24
$6.8B
Q2 24
$29.7B
$6.6B
Q1 24
$6.6B

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
RL
RL
Operating Cash FlowLast quarter
$779.6M
Free Cash FlowOCF − Capex
$704.0M
FCF MarginFCF / Revenue
29.3%
Capex IntensityCapex / Revenue
3.1%
Cash ConversionOCF / Net Profit
2.16×
TTM Free Cash FlowTrailing 4 quarters
$694.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALC
ALC
RL
RL
Q4 25
$779.6M
Q3 25
$53.2M
Q2 25
$176.1M
Q1 25
$122.2M
Q4 24
$738.4M
Q3 24
$97.2M
Q2 24
$277.3M
Q1 24
Free Cash Flow
ALC
ALC
RL
RL
Q4 25
$704.0M
Q3 25
$-40.6M
Q2 25
$-11.2M
Q1 25
$42.3M
Q4 24
$677.2M
Q3 24
$55.5M
Q2 24
$243.9M
Q1 24
FCF Margin
ALC
ALC
RL
RL
Q4 25
29.3%
Q3 25
-2.0%
Q2 25
-0.7%
Q1 25
2.5%
Q4 24
31.6%
Q3 24
3.2%
Q2 24
16.1%
Q1 24
Capex Intensity
ALC
ALC
RL
RL
Q4 25
3.1%
Q3 25
4.7%
Q2 25
10.9%
Q1 25
4.7%
Q4 24
2.9%
Q3 24
2.4%
Q2 24
2.2%
Q1 24
Cash Conversion
ALC
ALC
RL
RL
Q4 25
2.16×
Q3 25
0.26×
Q2 25
0.80×
Q1 25
0.95×
Q4 24
2.48×
Q3 24
0.66×
Q2 24
1.64×
Q1 24

Financial Flow Comparison

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

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