Introduced by Rudolf Wille in the mid-80s, Formal Concept Analysis (FCA) is a mathematical framework that offers conceptual data analysis and knowledge discovery. FCA analyzes the data, which is represented in the form of a formal context, that describe the relationship between a particular set of objects and a particular set of attributes. From the formal context, FCA produces hierarchically ordered clusters called formal concepts and the basis of attribute dependencies, called attribute implications. All the concepts of a formal context form a hierarchical complete lattice structure called concept lattice that reflects the relationship of generalization and specialization among concepts. Several algorithms are proposed in the literature to extract the formal concepts from a given context. The objective of this chapter is to analyze, demonstrate, and compare a few standard algorithms that extract the formal concepts. For each algorithm, the analysis considers the functionality, output, complexity, delay time, exploration type, and data structures involved.