ALC

Alcon Inc.

56
Fundamentals47/ 100
Valuation44/ 100
Upside potential31/ 100
Risk potential26/ 100

ALC has lower modeled downside risk, despite its lower overall score.

OSCR

Oscar Health, Inc.

69
Fundamentals85/ 100
Valuation50/ 100
Upside potential61/ 100
Risk potential35/ 100

OSCR has the edge over ALC overall, supported by stronger fundamentals and stronger modeled upside.

ALC Fundamentals

MetricStatus
Stable
Stable
Healthy
Healthy

ALC's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.

OSCR Fundamentals

MetricStatus
Strong
Healthy
Strong
Strong

OSCR's revenue, profitability, cash flow and balance sheet are all currently healthy.

ALC PE Valuation

CHEAPFAIREXPENSIVE61x122x184x245x
CHEAPFAIREXPENSIVE61x122x184x245x
LevelPEPriceVs current
Forward19x$71.83—
Cheap39x$50.05-30%
Fair48x$62.50-13%
Current55x$71.83—
Expensive108x$140+95%

Historical ranges are pointers, not guarantees.

ALC's PE is in its fair range at 55x. If earnings grow as analysts expect, today's price would be 19x next year's earnings, in its cheap range.

OSCR PE Valuation

CHEAPFAIREXPENSIVE41x83x124x166x
CHEAPFAIREXPENSIVE41x83x124x166x
LevelPEPriceVs current
Forward12x$31.94—
Current13x$31.94—
Cheap21x$52.73+65%
Fair35x$87.23+173%
Expensive130x$322+907%

Historical ranges are pointers, not guarantees.

OSCR has the edge over ALC in the historical PE scenario, which offers more potential upside but is not a forecast.

ALC Forward outlook

MetricOutlook
Strongly improving
Strong growth
Growth
Improving
Limited
Moderate

Analysts expect earnings and revenue growth for ALC, with profitability improving.

OSCR Forward outlook

MetricOutlook
Improving
Strong growth
Strong growth
Strongly improving
Limited
Moderate

Analysts expect strong earnings and revenue growth for OSCR, with profitability improving.

ALC Risk to reward

ScenarioChangePrice
Upside+12%$80.35
Downside-26%$52.99

Calculated from the latest close: $71.83 on Nov 12.

ALC trails OSCR on modeled risk to reward, with less potential upside relative to its potential downside.

OSCR Risk to reward

ScenarioChangePrice
Upside+55%$49.45
Downside-35%$20.78

Calculated from the latest close: $31.94 on Nov 12.

OSCR has a better modeled risk to reward balance than ALC, with more potential upside relative to its potential downside.

ALC Earnings Per Share

Q3 2023: $0.90Q4 2023: $1.97Q1 2024: $2.12Q2 2024: $2.23Q3 2024: $2.35Q4 2024: $2.05Q1 2025: $2.25Q2 2025: $2.15Q3 2025: $2.10Q4 2025: $1.97Q1 2026: $1.65Q2 2026: $1.30Forward: $3.85
Q3 2023: $0.90Q4 2023: $1.97Q1 2024: $2.12Q2 2024: $2.23Q3 2024: $2.35Q4 2024: $2.05Q1 2025: $2.25Q2 2025: $2.15Q3 2025: $2.10Q4 2025: $1.97Q1 2026: $1.65Q2 2026: $1.30Forward: $3.85
QuarterTTM EPSYoY
Forward$3.85+196%
Q2 2026$1.30-40%
Q1 2026$1.65-27%
Q4 2025$1.97-3.9%
Q3 2025$2.10-11%
Q2 2025$2.15-3.6%
Q1 2025$2.25+6.1%
Q4 2024$2.05+4.1%
Q3 2024$2.35+161%

ALC's earnings per share have fallen from their peak: $1.30 over the past year, against $2.35 in late 2024.

OSCR Earnings Per Share

Q4 2023: $-1.22Q1 2024: $-0.42Q2 2024: $-0.15Q3 2024: $-0.08Q4 2024: $0.10Q1 2025: $0.40Q2 2025: $-0.69Q3 2025: $-1.00Q4 2025: $-1.69Q1 2026: $-0.54Q2 2026: $1.45Q3 2026: $2.47Forward: $2.61
Q4 2023: $-1.22Q1 2024: $-0.42Q2 2024: $-0.15Q3 2024: $-0.08Q4 2024: $0.10Q1 2025: $0.40Q2 2025: $-0.69Q3 2025: $-1.00Q4 2025: $-1.69Q1 2026: $-0.54Q2 2026: $1.45Q3 2026: $2.47Forward: $2.61
QuarterTTM EPSYoY
Forward$2.61+5.6%
Q3 2026$2.47+$3.47
Q2 2026$1.45+$2.14
Q1 2026-$0.54-235%
Q4 2025-$1.69-1790%
Q3 2025-$1.00-$0.92
Q2 2025-$0.69-$0.54
Q1 2025$0.40+$0.82
Q4 2024$0.10+$1.32

OSCR has the edge over ALC on earnings, with more consistent year-over-year improvement.

ALC Quarterly Revenue

Q3 2023: $2.3BQ4 2023: $2.4BQ1 2024: $2.5BQ2 2024: $2.5BQ3 2024: $2.5BQ4 2024: $2.5BQ1 2025: $2.5BQ2 2025: $2.6BQ3 2025: $2.6BQ4 2025: $2.7BQ1 2026: $2.7BQ2 2026: $2.8B
Q3 2023: $2.3BQ4 2023: $2.4BQ1 2024: $2.5BQ2 2024: $2.5BQ3 2024: $2.5BQ4 2024: $2.5BQ1 2025: $2.5BQ2 2025: $2.6BQ3 2025: $2.6BQ4 2025: $2.7BQ1 2026: $2.7BQ2 2026: $2.8B
QuarterRevenueYoY
Q2 2026$2.8B+8.7%
Q1 2026$2.7B+7.3%
Q4 2025$2.7B+8.6%
Q3 2025$2.6B+6.5%
Q2 2025$2.6B+4%
Q1 2025$2.5B+0.6%
Q4 2024$2.5B+6.4%
Q3 2024$2.5B+5.4%

ALC's revenue has grown year over year for 23 quarters in a row: $2.8B last quarter, up 8.7% from the same quarter a year ago.

OSCR Quarterly Revenue

Q4 2023: $1.4BQ1 2024: $2.1BQ2 2024: $2.2BQ3 2024: $2.4BQ4 2024: $2.4BQ1 2025: $3BQ2 2025: $2.9BQ3 2025: $3BQ4 2025: $2.8BQ1 2026: $4.6BQ2 2026: $4.9BQ3 2026: $5.1B
Q4 2023: $1.4BQ1 2024: $2.1BQ2 2024: $2.2BQ3 2024: $2.4BQ4 2024: $2.4BQ1 2025: $3BQ2 2025: $2.9BQ3 2025: $3BQ4 2025: $2.8BQ1 2026: $4.6BQ2 2026: $4.9BQ3 2026: $5.1B
QuarterRevenueYoY
Q3 2026$5.1B+72%
Q2 2026$4.9B+70%
Q1 2026$4.6B+53%
Q4 2025$2.8B+17%
Q3 2025$3B+23%
Q2 2025$2.9B+29%
Q1 2025$3B+42%
Q4 2024$2.4B+67%

OSCR has the edge over ALC on sales, with stronger typical year-over-year growth.

ALC Free Cash Flow

Q3 2023: $364MQ4 2023: $109MQ1 2024: $198MQ2 2024: $410MQ3 2024: $613MQ4 2024: $313MQ1 2025: $244MQ2 2025: $372MQ3 2025: $539MQ4 2025: $457MQ1 2026: $274MQ2 2026: $414M
Q3 2023: $364MQ4 2023: $109MQ1 2024: $198MQ2 2024: $410MQ3 2024: $613MQ4 2024: $313MQ1 2025: $244MQ2 2025: $372MQ3 2025: $539MQ4 2025: $457MQ1 2026: $274MQ2 2026: $414M
QuarterFree cash flowYoY
Q2 2026$414M+11%
Q1 2026$273.6M+12%
Q4 2025$457M+46%
Q3 2025$538.7M-12%
Q2 2025$372M-9.3%
Q1 2025$244M+23%
Q4 2024$313.2M+186%
Q3 2024$613.2M+69%

ALC generated $1.7B in free cash flow over the past year, up 9.1% from the year before.

OSCR Free Cash Flow

Q4 2023: $291MQ1 2024: $628MQ2 2024: $490MQ3 2024: −$508MQ4 2024: $340MQ1 2025: $870MQ2 2025: $500MQ3 2025: −$974MQ4 2025: $663MQ1 2026: $2.6BQ2 2026: $2.1BQ3 2026: −$1.2B
Q4 2023: $291MQ1 2024: $628MQ2 2024: $490MQ3 2024: −$508MQ4 2024: $340MQ1 2025: $870MQ2 2025: $500MQ3 2025: −$974MQ4 2025: $663MQ1 2026: $2.6BQ2 2026: $2.1BQ3 2026: −$1.2B
QuarterFree cash flowYoY
Q3 2026-$1.2B-$238.2M
Q2 2026$2.1B+316%
Q1 2026$2.6B+200%
Q4 2025$662.8M+95%
Q3 2025-$973.7M-$466M
Q2 2025$499.8M+2.1%
Q1 2025$869.5M+38%
Q4 2024$340M+17%

OSCR usually generates cash, though not every quarter: the latest was −$1.2B, but it generated $4.1B over the past year.

ALC Total Shares

Q3 2023: 496MQ4 2023: 493MQ1 2024: 497MQ2 2024: 497MQ3 2024: 498MQ4 2024: 498MQ1 2025: 498MQ2 2025: 498MQ3 2025: 496MQ4 2025: 492MQ1 2026: 490MQ2 2026: 489M
Q3 2023: 496MQ4 2023: 493MQ1 2024: 497MQ2 2024: 497MQ3 2024: 498MQ4 2024: 498MQ1 2025: 498MQ2 2025: 498MQ3 2025: 496MQ4 2025: 492MQ1 2026: 490MQ2 2026: 489M
PeriodChange %Net change
Quarterly-0.3%-1.5M shares
1 year-1.8%-9.2M shares
3 years-1.4%-7M shares
5 years-0.9%-4.5M shares
Available history+0.1%+500K shares

ALC has the edge over OSCR on shareholder dilution, with a more favorable share count trend.

OSCR Total Shares

Q4 2023: 222MQ1 2024: 294MQ2 2024: 304MQ3 2024: 243MQ4 2024: 266MQ1 2025: 306MQ2 2025: 256MQ3 2025: 259MQ4 2025: 262MQ1 2026: 330MQ2 2026: 333MQ3 2026: 346M
Q4 2023: 222MQ1 2024: 294MQ2 2024: 304MQ3 2024: 243MQ4 2024: 266MQ1 2025: 306MQ2 2025: 256MQ3 2025: 259MQ4 2025: 262MQ1 2026: 330MQ2 2026: 333MQ3 2026: 346M
PeriodChange %Net change
Quarterly+3.9%+13M shares
1 year+34%+87.2M shares
3 years+55%+123M shares
5 years+66%+138M shares
Available history+71%+143M shares

OSCR has 346M diluted shares, up 34% from a year ago.

ALC Net Leverage

Q3 2023: 1.9xQ4 2023: 1.8xQ1 2024: 1.7xQ2 2024: 1.5xQ3 2024: 1.4xQ4 2024: 1.3xQ1 2025: 1.4xQ2 2025: 1.4xQ3 2025: 1.4xQ4 2025: 1.3xQ1 2026: 1.4xQ2 2026: 1.4x
Q3 2023: 1.9xQ4 2023: 1.8xQ1 2024: 1.7xQ2 2024: 1.5xQ3 2024: 1.4xQ4 2024: 1.3xQ1 2025: 1.4xQ2 2025: 1.4xQ3 2025: 1.4xQ4 2025: 1.3xQ1 2026: 1.4xQ2 2026: 1.4x
QuarterNet LeverageStatus
Q2 20261.4xHealthy
Q1 20261.4xHealthy
Q4 20251.3xHealthy
Q3 20251.4xHealthy
Q2 20251.4xHealthy
Q1 20251.4xHealthy
Q4 20241.3xHealthy
Q3 20241.4xHealthy

ALC's net debt is about 1.4 years of its operating earnings (EBITDA), about the same as a year ago.

OSCR Net Leverage

Q1 2024: -217.7xQ2 2024: -24.0xQ3 2024: -10.1xQ4 2024: -13.7xQ1 2025: -9.7xQ1 2026: -110.0xQ2 2026: -5.5xQ3 2026: -4.2x
Q1 2024: -217.7xQ2 2024: -24.0xQ3 2024: -10.1xQ4 2024: -13.7xQ1 2025: -9.7xQ1 2026: -110.0xQ2 2026: -5.5xQ3 2026: -4.2x
QuarterNet LeverageStatus
Q3 2026-4.2xNet Cash
Q2 2026-5.5xNet Cash
Q1 2026-110.0xNet Cash
Q1 2025-9.7xNet Cash
Q4 2024-13.7xNet Cash
Q3 2024-10.1xNet Cash
Q2 2024-24.0xNet Cash
Q1 2024-217.7xNet Cash

OSCR has the edge over ALC on leverage, with a lower net debt burden relative to earnings.

ALC Weekly Momentum

MetricValueStatus
RSI53.0Neutral
Stochastic69.9Neutral

ALC's weekly RSI is 53 (neutral) and its Stochastic is 70 (neutral).

OSCR Weekly Momentum

MetricValueStatus
RSI58.7Neutral
Stochastic44.9Neutral

OSCR's weekly RSI is 59 (neutral) and its Stochastic is 45 (neutral).

ALC PE vs Healthcare Sector

MetricALCSector medianRelative
PE55x26x114% above
PE %512922 pts above

ALC is trading at 55x earnings, a 114% premium to the Healthcare sector's median of 26x.

OSCR PE vs Healthcare Sector

MetricOSCRSector medianRelative
PE13x26x50% below
PE %33532 pts below

OSCR has the edge over ALC on valuation relative to its sector.

ALC Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$68.45.1% above
20 week MA$69.23.7% above
50 week MA$72.91.5% below
100 week MA$79.19.2% below
200 week MA$80.611% below

ALC has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 11% below its 200-week average.

OSCR Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$31.22.3% above
20 week MA$31.12.8% above
50 week MA$22.939% above
100 week MA$19.365% above
200 week MA$15.5106% above

OSCR has the edge over ALC on trend strength, trading above more of its moving averages.

ALC Yearly ROI

YearStart priceEnd priceROI
2020$57.4$64.9+13%
2021$64.9$86.6+34%
2022$86.6$67.8-22%
2023$67.8$78.1+15%
2024$78.1$85.7+9.6%
2025$85.7$80.4-6.2%
2026 YTD$80.4$71.8-11%

ALC has finished higher in four of the last six years. It's down 11% so far in 2026.

OSCR Yearly ROI

YearStart priceEnd priceROI
2021$31.0$8.02-74%
2022$8.02$2.21-72%
2023$2.21$9.15+314%
2024$9.15$13.8+51%
2025$13.8$14.9+8%
2026 YTD$14.9$31.9+114%

OSCR has the edge over ALC on returns for 2026, with the stronger performance.

Give your agent the market.

Get API key