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Side-by-side financial comparison of ALCON INC (ALC) and Toll Brothers, Inc. (TOL). Click either name above to swap in a different company.

Toll Brothers, Inc. is the larger business by last-quarter revenue ($3.4B vs $2.6B, roughly 1.3× ALCON INC). Toll Brothers, Inc. runs the higher net margin — 13.0% vs 6.8%, a 6.3% gap on every dollar of revenue. On growth, ALCON INC posted the faster year-over-year revenue change (4.0% vs 2.7%).

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.

Toll Brothers, Inc. is an American homebuilding company that builds, markets, and finances for residential and commercial properties in the United States. In 2020, the company was the fifth largest home builder in the United States, based on homebuilding revenue. The company is ranked 411th on the Fortune 500.

ALC vs TOL — Head-to-Head

Bigger by revenue
TOL
TOL
1.3× larger
TOL
$3.4B
$2.6B
ALC
Growing faster (revenue YoY)
ALC
ALC
+1.3% gap
ALC
4.0%
2.7%
TOL
Higher net margin
TOL
TOL
6.3% more per $
TOL
13.0%
6.8%
ALC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
ALC
ALC
TOL
TOL
Revenue
$2.6B
$3.4B
Net Profit
$176.0M
$446.7M
Gross Margin
53.5%
24.8%
Operating Margin
9.5%
16.5%
Net Margin
6.8%
13.0%
Revenue YoY
4.0%
2.7%
Net Profit YoY
-21.1%
-6.0%
EPS (diluted)
$0.35
$4.51

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
TOL
TOL
Q4 25
$3.4B
Q3 25
$2.9B
Q2 25
$2.6B
$2.7B
Q1 25
$1.9B
Q4 24
$3.3B
Q3 24
$2.7B
Q2 24
$2.5B
$2.8B
Q1 24
$1.9B
Net Profit
ALC
ALC
TOL
TOL
Q4 25
$446.7M
Q3 25
$369.6M
Q2 25
$176.0M
$352.4M
Q1 25
$177.7M
Q4 24
$475.4M
Q3 24
$374.6M
Q2 24
$223.0M
$481.6M
Q1 24
$239.6M
Gross Margin
ALC
ALC
TOL
TOL
Q4 25
24.8%
Q3 25
25.2%
Q2 25
53.5%
25.8%
Q1 25
24.7%
Q4 24
26.4%
Q3 24
27.2%
Q2 24
55.0%
30.4%
Q1 24
27.6%
Operating Margin
ALC
ALC
TOL
TOL
Q4 25
16.5%
Q3 25
16.6%
Q2 25
9.5%
16.4%
Q1 25
11.8%
Q4 24
18.3%
Q3 24
18.2%
Q2 24
12.7%
22.0%
Q1 24
15.8%
Net Margin
ALC
ALC
TOL
TOL
Q4 25
13.0%
Q3 25
12.6%
Q2 25
6.8%
12.9%
Q1 25
9.6%
Q4 24
14.3%
Q3 24
13.7%
Q2 24
8.9%
17.0%
Q1 24
12.3%
EPS (diluted)
ALC
ALC
TOL
TOL
Q4 25
$4.51
Q3 25
$3.73
Q2 25
$0.35
$3.50
Q1 25
$1.75
Q4 24
$4.61
Q3 24
$3.60
Q2 24
$0.45
$4.55
Q1 24
$2.25

Balance Sheet & Financial Strength

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

Metric
ALC
ALC
TOL
TOL
Cash + ST InvestmentsLiquidity on hand
$1.4B
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$22.1B
$8.3B
Total Assets
$31.4B
$14.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALC
ALC
TOL
TOL
Q4 25
$1.3B
Q3 25
$852.3M
Q2 25
$1.4B
$686.5M
Q1 25
$574.8M
Q4 24
$1.3B
Q3 24
$893.4M
Q2 24
$1.4B
$1.0B
Q1 24
$754.8M
Stockholders' Equity
ALC
ALC
TOL
TOL
Q4 25
$8.3B
Q3 25
$8.1B
Q2 25
$22.1B
$7.9B
Q1 25
$7.8B
Q4 24
$7.7B
Q3 24
$7.4B
Q2 24
$20.9B
$7.3B
Q1 24
$7.0B
Total Assets
ALC
ALC
TOL
TOL
Q4 25
$14.5B
Q3 25
$14.4B
Q2 25
$31.4B
$14.2B
Q1 25
$13.6B
Q4 24
$13.4B
Q3 24
$13.4B
Q2 24
$29.7B
$13.3B
Q1 24
$12.5B

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
TOL
TOL
Operating Cash FlowLast quarter
$800.0M
Free Cash FlowOCF − Capex
$772.2M
FCF MarginFCF / Revenue
22.6%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
1.79×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALC
ALC
TOL
TOL
Q4 25
$800.0M
Q3 25
$370.3M
Q2 25
$362.8M
Q1 25
$-420.8M
Q4 24
$682.5M
Q3 24
$175.6M
Q2 24
$459.0M
Q1 24
$-307.0M
Free Cash Flow
ALC
ALC
TOL
TOL
Q4 25
$772.2M
Q3 25
$344.9M
Q2 25
$347.3M
Q1 25
$-438.1M
Q4 24
$664.3M
Q3 24
$149.9M
Q2 24
$442.9M
Q1 24
$-320.6M
FCF Margin
ALC
ALC
TOL
TOL
Q4 25
22.6%
Q3 25
11.7%
Q2 25
12.7%
Q1 25
-23.6%
Q4 24
19.9%
Q3 24
5.5%
Q2 24
15.6%
Q1 24
-16.5%
Capex Intensity
ALC
ALC
TOL
TOL
Q4 25
0.8%
Q3 25
0.9%
Q2 25
0.6%
Q1 25
0.9%
Q4 24
0.5%
Q3 24
0.9%
Q2 24
0.6%
Q1 24
0.7%
Cash Conversion
ALC
ALC
TOL
TOL
Q4 25
1.79×
Q3 25
1.00×
Q2 25
1.03×
Q1 25
-2.37×
Q4 24
1.44×
Q3 24
0.47×
Q2 24
0.95×
Q1 24
-1.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALC
ALC

Segment breakdown not available.

TOL
TOL

Home Building$3.4B100%
Land$9.4M0%

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