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

V F CORP is the larger business by last-quarter revenue ($2.9B vs $2.6B, roughly 1.1× ALCON INC). V F CORP runs the higher net margin — 10.5% vs 6.8%, a 3.7% gap on every dollar of revenue. On growth, ALCON INC posted the faster year-over-year revenue change (4.0% vs 1.5%).

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.

The F. W. Woolworth Company was a retail company and one of the pioneers of the five-and-dime store. It was among the most successful American and international five-and-dime businesses, setting trends and creating the modern retail model that stores worldwide follow today.

ALC vs VFC — Head-to-Head

Bigger by revenue
VFC
VFC
1.1× larger
VFC
$2.9B
$2.6B
ALC
Growing faster (revenue YoY)
ALC
ALC
+2.5% gap
ALC
4.0%
1.5%
VFC
Higher net margin
VFC
VFC
3.7% more per $
VFC
10.5%
6.8%
ALC

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
ALC
ALC
VFC
VFC
Revenue
$2.6B
$2.9B
Net Profit
$176.0M
$300.8M
Gross Margin
53.5%
56.6%
Operating Margin
9.5%
10.1%
Net Margin
6.8%
10.5%
Revenue YoY
4.0%
1.5%
Net Profit YoY
-21.1%
79.3%
EPS (diluted)
$0.35
$0.76

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
VFC
VFC
Q4 25
$2.9B
Q3 25
$2.8B
Q2 25
$2.6B
$1.8B
Q1 25
$2.0B
Q4 24
$2.8B
Q3 24
$2.8B
Q2 24
$2.5B
$1.9B
Q1 24
$2.4B
Net Profit
ALC
ALC
VFC
VFC
Q4 25
$300.8M
Q3 25
$189.8M
Q2 25
$176.0M
$-116.4M
Q1 25
$-150.8M
Q4 24
$167.8M
Q3 24
$52.2M
Q2 24
$223.0M
$-258.9M
Q1 24
$-418.3M
Gross Margin
ALC
ALC
VFC
VFC
Q4 25
56.6%
Q3 25
52.2%
Q2 25
53.5%
53.9%
Q1 25
52.7%
Q4 24
56.3%
Q3 24
52.2%
Q2 24
55.0%
52.0%
Q1 24
48.4%
Operating Margin
ALC
ALC
VFC
VFC
Q4 25
10.1%
Q3 25
11.2%
Q2 25
9.5%
-4.9%
Q1 25
2.2%
Q4 24
8.0%
Q3 24
9.9%
Q2 24
12.7%
-12.6%
Q1 24
-15.0%
Net Margin
ALC
ALC
VFC
VFC
Q4 25
10.5%
Q3 25
6.8%
Q2 25
6.8%
-6.6%
Q1 25
-7.5%
Q4 24
5.9%
Q3 24
1.9%
Q2 24
8.9%
-13.6%
Q1 24
-17.6%
EPS (diluted)
ALC
ALC
VFC
VFC
Q4 25
$0.76
Q3 25
$0.48
Q2 25
$0.35
$-0.30
Q1 25
$-0.37
Q4 24
$0.43
Q3 24
$0.13
Q2 24
$0.45
$-0.67
Q1 24
$-1.07

Balance Sheet & Financial Strength

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

Metric
ALC
ALC
VFC
VFC
Cash + ST InvestmentsLiquidity on hand
$1.4B
$1.5B
Total DebtLower is stronger
$3.6B
Stockholders' EquityBook value
$22.1B
$1.8B
Total Assets
$31.4B
$10.4B
Debt / EquityLower = less leverage
1.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALC
ALC
VFC
VFC
Q4 25
$1.5B
Q3 25
$419.1M
Q2 25
$1.4B
$642.4M
Q1 25
$429.4M
Q4 24
$1.4B
Q3 24
$492.2M
Q2 24
$1.4B
$637.4M
Q1 24
$674.6M
Total Debt
ALC
ALC
VFC
VFC
Q4 25
$3.6B
Q3 25
$3.5B
Q2 25
$3.6B
Q1 25
$3.4B
Q4 24
$3.9B
Q3 24
$4.0B
Q2 24
$3.9B
Q1 24
$4.7B
Stockholders' Equity
ALC
ALC
VFC
VFC
Q4 25
$1.8B
Q3 25
$1.5B
Q2 25
$22.1B
$1.3B
Q1 25
$1.5B
Q4 24
$1.7B
Q3 24
$1.4B
Q2 24
$20.9B
$1.4B
Q1 24
$1.7B
Total Assets
ALC
ALC
VFC
VFC
Q4 25
$10.4B
Q3 25
$10.6B
Q2 25
$31.4B
$10.2B
Q1 25
$9.4B
Q4 24
$10.6B
Q3 24
$12.2B
Q2 24
$29.7B
$11.5B
Q1 24
$11.6B
Debt / Equity
ALC
ALC
VFC
VFC
Q4 25
1.99×
Q3 25
2.40×
Q2 25
2.76×
Q1 25
2.30×
Q4 24
2.31×
Q3 24
2.86×
Q2 24
2.84×
Q1 24
2.84×

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
VFC
VFC
Operating Cash FlowLast quarter
$1.0B
Free Cash FlowOCF − Capex
$977.9M
FCF MarginFCF / Revenue
34.0%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
3.36×
TTM Free Cash FlowTrailing 4 quarters
$357.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALC
ALC
VFC
VFC
Q4 25
$1.0B
Q3 25
$-227.0M
Q2 25
$-145.5M
Q1 25
$-171.1M
Q4 24
$918.1M
Q3 24
$-301.6M
Q2 24
$19.8M
Q1 24
Free Cash Flow
ALC
ALC
VFC
VFC
Q4 25
$977.9M
Q3 25
$-253.5M
Q2 25
$-173.7M
Q1 25
$-193.0M
Q4 24
$899.7M
Q3 24
$-322.4M
Q2 24
$-5.4M
Q1 24
FCF Margin
ALC
ALC
VFC
VFC
Q4 25
34.0%
Q3 25
-9.0%
Q2 25
-9.9%
Q1 25
-9.6%
Q4 24
31.7%
Q3 24
-11.7%
Q2 24
-0.3%
Q1 24
Capex Intensity
ALC
ALC
VFC
VFC
Q4 25
1.1%
Q3 25
0.9%
Q2 25
1.6%
Q1 25
1.1%
Q4 24
0.6%
Q3 24
0.8%
Q2 24
1.3%
Q1 24
Cash Conversion
ALC
ALC
VFC
VFC
Q4 25
3.36×
Q3 25
-1.20×
Q2 25
Q1 25
Q4 24
5.47×
Q3 24
-5.78×
Q2 24
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.

VFC
VFC

Outdoor$1.9B67%
Sales Channel Through Intermediary$813.4M28%
Other$136.3M5%

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