Alcon Inc. (ALC) vs GE HealthCare Technologies Inc. (GEHC)
A side-by-side comparison of Alcon Inc. and GE HealthCare Technologies 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.
ALC
Alcon Inc.
$71.47HealthcareDelayed quote: Aug 28, 2026, 12:44 PM EDT
GEHC
GE HealthCare Technologies Inc.
$71.66HealthcareDelayed quote: Aug 28, 2026, 12:45 PM EDT
Total return — ALC vs GEHC
growth of $100 · dividends reinvested · last 4yALC +6.5% (+1.6%/yr)GEHC +21.5% (+5.0%/yr)GEHC compounded faster over this window
ALC GEHC
ALC vs GEHC: by the numbers
- •ALC is the larger company ($34.86B vs $32.37B market cap).
- •GEHC trades at the lower trailing earnings multiple (21.01 vs 55.56 P/E), one valuation lens rather than an overall verdict.
- •GEHC converts more revenue to profit (7.86% vs 5.95% net margin).
- •ALC grew revenue faster over the past five years (6.57% vs 3.74% CAGR).
- •ALC pays the higher dividend yield (0.50% vs 0.19%).
Metrics side by side
Valuation
| Metric | ALC | GEHC |
|---|---|---|
| P/E ratio | 55.56 | 21.01 |
| Forward P/E | 20.49 | 14.72 |
| P/S ratio | 3.28 | 1.63 |
| P/B ratio | 1.63 | 3.00 |
| EV / EBITDA | 17.44 | 11.42 |
| FCF yield | 4.77% | 2.72% |
Profitability
| Metric | ALC | GEHC |
|---|---|---|
| Gross margin | 56.43% | 42.90% |
| Operating margin | 10.26% | 12.70% |
| Net margin | 5.95% | 7.86% |
| ROE | 2.96% | 14.51% |
| ROIC | 3.35% | 6.94% |
Dividends
| Metric | ALC | GEHC |
|---|---|---|
| Dividend yield | 0.50% | 0.19% |
| Payout ratio | 18.06% | 3.07% |
Growth (annualized)
| Metric | ALC | GEHC |
|---|---|---|
| Revenue CAGR (5Y) | 6.57% | 3.74% |
| EPS CAGR (5Y) | N/A | 0.67% |
| FCF CAGR (5Y) | 40.55% | 1.07% |
| Total return CAGR (5Y) | -2.16% | N/A |
Frequently asked
- Which has the lower trailing P/E, ALC or GEHC?
- GEHC has the lower trailing P/E: ALC trades at 55.56 and GEHC at 21.01. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ALC or GEHC?
- Over the past five years, ALC grew revenue faster — ALC at a 6.57% CAGR versus GEHC at 3.74%.
- Does ALC or GEHC pay a bigger dividend?
- ALC yields 0.50% and GEHC yields 0.19% based on trailing dividends and the latest price.
- Is ALC or GEHC more profitable?
- GEHC runs the higher net margin — ALC at 5.95% versus GEHC at 7.86%.
Go deeper
Dig into the metrics
Alcon P/E ratioGE HealthCare Technologies P/E ratioAlcon dividend yieldGE HealthCare Technologies dividend yieldAlcon ROEGE HealthCare Technologies ROEAlcon operating marginGE HealthCare Technologies operating marginAlcon revenue growthGE HealthCare Technologies revenue growthAlcon free cash flowGE HealthCare Technologies free cash flow
Alcon & GE HealthCare Technologies appear in these rankings
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.