Alcon Inc. (ALC) vs DexCom, Inc. (DXCM)

A side-by-side comparison of Alcon Inc. and DexCom, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnALC vs DXCM

growth of $100 · dividends reinvested · last 7y
ALC +26.9% (+3.5%/yr)DXCM +203.5% (+17.2%/yr)DXCM compounded faster over this window
100200300400500Start $100202120232025$127$304
ALC DXCM

ALC vs DXCM: by the numbers

  • ALC is the larger company ($34.86B vs $34.07B market cap).
  • DXCM trades at the lower trailing earnings multiple (35.29 vs 55.56 P/E), one valuation lens rather than an overall verdict.
  • DXCM converts more revenue to profit (20.12% vs 5.95% net margin).
  • DXCM grew revenue faster over the past five years (18.03% vs 6.57% CAGR).
  • ALC pays a dividend (0.50% yield), while DXCM has no payments in the available dividend history.

Metrics side by side

Valuation

MetricALCDXCM
P/E ratio55.5635.29
Forward P/E20.4933.47
P/S ratio3.287.04
P/B ratio1.6313.35
EV / EBITDA17.4425.14
FCF yield4.77%4.02%

Profitability

MetricALCDXCM
Gross margin56.43%62.47%
Operating margin10.26%22.92%
Net margin5.95%20.12%
ROE2.96%38.14%
ROIC3.35%21.71%

Dividends

MetricALCDXCM
Dividend yield0.50%N/A
Payout ratio18.06%N/A

Growth (annualized)

MetricALCDXCM
Revenue CAGR (5Y)6.57%18.03%
EPS CAGR (5Y)N/A10.31%
FCF CAGR (5Y)40.55%69.49%
Total return CAGR (5Y)-2.16%-7.26%

Frequently asked

Which has the lower trailing P/E, ALC or DXCM?
DXCM has the lower trailing P/E: ALC trades at 55.56 and DXCM at 35.29. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ALC or DXCM?
Over the past five years, DXCM grew revenue faster — ALC at a 6.57% CAGR versus DXCM at 18.03%.
Does ALC or DXCM pay a bigger dividend?
ALC pays a dividend (0.50% yield), while DXCM has no payments in the available dividend history.
Is ALC or DXCM more profitable?
DXCM runs the higher net margin — ALC at 5.95% versus DXCM at 20.12%.
How have ALC and DXCM total returns compared?
Over the past 5 years, ALC delivered -2.16% and DXCM delivered 14.62% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 28, 2026.