ALC vs WST

Alcon Inc. and West Pharmaceutical Services, both Healthcare

Alcon Inc. is the larger company at $32B against $23B. On trailing earnings WST is the cheaper of the two at a P/E of 46.8 against 54.7, a gap that is only a bargain if the two are growing at similar rates. Over the past year WST returned +48% against -15% for ALC. Ryufin's sector-relative Smart Score puts WST ahead, 8/10 against 6/10.

Alcon Inc. and West Pharmaceutical Servicescompared on valuation, return and Ryufin’s Smart Score
FigureALCWST
Last close$72.70$350
Market cap$32B$23B
Trailing P/Elower is cheaper for the same earnings, not automatically better54.746.8
Dividend yieldn/a0.2%
1-year return-15%+48%
5-year return+0.3%-14%
Ryufin Smart Scoresector-relative, 1–106/108/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Alcon Inc.

Revenue of $5.3B in H2 2025, net income $454M.

West Pharmaceutical Services

Revenue of $845M in Q1 2026, net income $139M. Its largest reported line is Proprietary Products, 82% of the disclosed total.

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