MetaCap

Alcon (ALC) vs Medline (MDLN)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Medline is the larger company by market cap ($47.70 billion vs $30.45 billion), about 1.6 times the size. On valuation, Alcon trades at a lower forward P/E (15.9x vs 22.5x for Medline). Alcon pays a dividend yielding 0.56%, while Medline does not currently pay one.

Alcon converts more of its revenue into profit, with a net margin of 9.4% versus 4.1%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

ALC-20.51%MDLN-13.54%
+24%-0%-25%
Dec 17, 20251 yearOct 7, 2026
ALC-21.22%MDLN-14.89%
+22%-2%-26%
Dec 15, 20255 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

ALC versus MDLN key metrics
MetricALCMDLN
Share price$63.00$35.45
Market cap$30.45B$47.70B
1-day change-0.30%-0.28%
YTD return-20.06%-15.60%
1-year return-16.41%—
5-year return-19.25%—
P/E ratio (TTM)47.7388.63
Forward P/E15.8922.48
EPS (TTM)$1.32$0.40
Dividend yield0.56%0.00%
Annual dividend$0.353$0.00
Revenue (latest FY)$10.40B$28.43B
Revenue growth (YoY)+4.94%—
Net income (latest FY)$980.00M$1.16B
Gross margin55.24%26.44%
Operating margin13.08%7.78%
Net margin9.42%4.08%
52-week high$87.64$50.88
52-week low$61.84$31.49
Distance from 52-week high-28.12%-30.32%
Analyst consensusbuybuy
Avg. price target upside+32.62%+25.53%
Average volume1.86M7.59M
Shares outstanding483.40M877.35M
Employees25,00045,000
SectorHealth CareHealth Care
IndustryOphthalmic GoodsMedical/Dental Instruments

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Medline trades at a higher earnings multiple (88.6x vs 47.7x trailing P/E).
  • Alcon is more profitable, keeping 9.4 cents of every revenue dollar as net income versus 4.1 cents for Medline.

About Alcon

ALC stock →

Alcon Inc. researches, develops, manufactures, distributes, and sells eye care products worldwide.

Health Care · Ophthalmic Goods · 25,000 employees

About Medline

MDLN stock →

Medline Inc. manufactures med-surg products serving the hospital, surgery centers, physician offices, post-acute facilities, and nursing home sites of care in the United States and Internationally.

Health Care · Medical/Dental Instruments · 45,000 employees

ALC vs MDLN FAQ

Which is bigger, Alcon or Medline?

Medline (MDLN) is larger, with a market capitalization of $47.70B compared with $30.45B for Alcon (ALC).

Which has the lower P/E ratio, ALC or MDLN?

ALC has the lower trailing P/E at 47.7, versus 88.6 for MDLN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Alcon or Medline?

Alcon pays a dividend yielding 0.56%, while Medline does not currently pay a regular dividend.

Are Alcon and Medline in the same industry?

Both are in the Health Care sector, but in different industries: Ophthalmic Goods for Alcon and Medical/Dental Instruments for Medline.

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