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Align Technology (ALGN) Financials

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$180.11 +1.56 (+0.87%)
Closing price 05/28/2025 04:00 PM Eastern
Extended Trading
$181.12 +1.01 (+0.56%)
As of 09:12 AM Eastern
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Annual Income Statements for Align Technology

Annual Income Statements for Align Technology

This table shows Align Technology's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
421 445 362 772 1,776 443 400 231 190 144
Consolidated Net Income / (Loss)
421 445 362 772 1,776 443 400 231 190 144
Net Income / (Loss) Continuing Operations
421 445 362 772 1,776 443 400 231 191 144
Total Pre-Tax Income
609 641 599 1,012 379 563 467 365 243 186
Total Operating Income
608 643 643 976 387 542 467 354 249 189
Total Gross Profit
2,799 2,707 2,634 2,935 1,763 1,744 1,448 1,117 815 640
Total Revenue
3,999 3,862 3,735 3,953 2,472 2,407 1,966 1,473 1,080 845
Operating Revenue
3,999 3,862 3,735 3,953 2,472 2,407 1,966 1,473 1,080 845
Total Cost of Revenue
1,200 1,155 1,101 1,017 709 663 519 356 265 205
Operating Cost of Revenue
1,200 1,155 1,101 1,017 709 663 519 356 265 205
Total Operating Expenses
2,192 2,064 1,991 1,959 1,376 1,201 981 763 566 451
Selling, General & Admin Expense
1,763 1,703 1,674 1,709 1,201 1,072 852 - - -
Research & Development Expense
364 347 305 250 175 157 129 98 76 61
Restructuring Charge
33 13 11 - - - - - - -
Other Special Charges / (Income)
31 0.00 0.00 - - -51 0.00 0.00 - -
Total Other Income / (Expense), net
1.33 -2.13 -44 36 -8.22 20 0.09 11 -8.04 -2.53
Interest & Investment Income
20 17 5.37 3.10 3.13 12 8.58 6.95 2.53 0.00
Other Income / (Expense), net
-19 -19 -49 33 -11 7.68 -8.49 4.24 -11 -2.53
Income Tax Expense
188 196 237 240 -1,397 112 58 130 51 42
Basic Earnings per Share
$5.63 $5.82 $4.62 $9.78 $22.55 $5.57 $5.00 $2.89 $2.38 $1.80
Weighted Average Basic Shares Outstanding
74.88M 76.43M 78.19M 78.92M 78.76M 79.42M 80.06M 80.09M 79.86M 80.00M
Diluted Earnings per Share
$5.62 $5.81 $4.61 $9.69 $22.41 $5.53 $4.92 $2.83 $2.33 $1.77
Weighted Average Diluted Shares Outstanding
74.99M 76.57M 78.42M 79.67M 79.23M 80.10M 81.36M 81.83M 81.48M 81.52M
Weighted Average Basic & Diluted Shares Outstanding
73.60M 75.10M 76.61M 78.80M 79.13M 78.75M 80M 80.10M 79.70M 80M

Quarterly Income Statements for Align Technology

This table shows Align Technology's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
93 104 116 97 105 124 121 112 88 42 73
Consolidated Net Income / (Loss)
93 104 116 97 105 124 121 112 88 42 73
Net Income / (Loss) Continuing Operations
93 104 116 97 105 124 121 112 88 42 73
Total Pre-Tax Income
140 141 166 144 158 173 162 172 135 115 123
Total Operating Income
131 144 162 147 154 172 166 172 134 113 144
Total Gross Profit
680 697 682 723 698 670 663 714 661 618 619
Total Revenue
979 995 978 1,028 997 957 960 1,002 943 902 890
Operating Revenue
979 995 978 1,028 997 957 960 1,002 943 902 890
Total Cost of Revenue
299 298 296 306 300 287 297 289 282 284 271
Operating Cost of Revenue
299 298 296 306 300 287 297 289 282 284 271
Total Operating Expenses
549 553 519 576 544 498 497 542 527 505 476
Selling, General & Admin Expense
448 425 434 452 452 403 408 453 440 410 399
Research & Development Expense
97 95 85 92 92 82 89 88 87 84 77
Other Special Charges / (Income)
4.18 - 0.07 31 - - 0.00 0.00 - - -
Total Other Income / (Expense), net
9.34 -3.37 3.63 -3.18 4.25 1.34 -4.24 -0.34 1.11 2.66 -21
Interest & Investment Income
5.32 8.52 4.00 3.30 4.39 4.98 5.52 4.42 2.34 2.76 1.69
Other Income / (Expense), net
4.03 -12 -0.37 -6.48 -0.14 -3.64 -9.76 -4.76 -1.23 -0.10 -23
Income Tax Expense
47 37 50 47 53 49 41 60 47 74 50
Basic Earnings per Share
$1.27 $1.40 $1.55 $1.28 $1.40 $1.63 $1.59 $1.46 $1.14 $0.54 $0.93
Weighted Average Basic Shares Outstanding
73.56M 74.88M 74.74M 75.18M 75.18M 76.43M 76.57M 76.52M 76.92M 78.19M 78.09M
Diluted Earnings per Share
$1.27 $1.40 $1.55 $1.28 $1.39 $1.63 $1.58 $1.46 $1.14 $0.54 $0.93
Weighted Average Diluted Shares Outstanding
73.62M 74.99M 74.76M 75.22M 75.32M 76.57M 76.83M 76.69M 77.11M 78.42M 78.24M
Weighted Average Basic & Diluted Shares Outstanding
72.48M 73.60M 74.65M 74.70M 75.28M 75.10M 76.59M 76.53M 76.52M 76.61M 78.11M

Annual Cash Flow Statements for Align Technology

This table details how cash moves in and out of Align Technology's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
106 -3.84 -158 139 410 -86 192 57 222 -32
Net Cash From Operating Activities
738 786 569 1,173 662 747 555 439 248 238
Net Cash From Continuing Operating Activities
744 786 569 1,173 662 747 555 439 248 238
Net Income / (Loss) Continuing Operations
421 445 362 772 1,776 443 400 231 190 144
Consolidated Net Income / (Loss)
421 445 362 772 1,776 443 400 231 190 144
Depreciation Expense
145 142 126 109 94 79 55 38 24 18
Amortization Expense
38 - - - 22 - - - - -
Non-Cash Adjustments To Reconcile Net Income
212 225 205 122 -1,359 150 97 76 67 67
Changes in Operating Assets and Liabilities, net
-72 -27 -124 170 130 76 3.01 93 -33 9.40
Net Cash From Investing Activities
-255 -196 -213 -563 -232 -350 6.93 -251 73 -166
Net Cash From Continuing Investing Activities
-255 -196 -213 -563 -232 -350 6.93 -251 73 -166
Purchase of Property, Plant & Equipment
-116 -178 -292 -401 -155 -150 -223 -196 -71 -53
Acquisitions
-77 0.00 -12 -8.00 -421 0.00 0.00 -22 -47 0.00
Purchase of Investments
-106 -80 -28 -201 -5.34 -693 -185 -390 -406 -447
Sale and/or Maturity of Investments
44 61 121 8.21 348 507 385 389 604 334
Other Investing Activities, net
0.24 0.28 -2.21 38 1.16 -15 31 -33 -8.03 0.05
Net Cash From Financing Activities
-356 -598 -502 -458 -31 -486 -369 -136 -96 -101
Net Cash From Continuing Financing Activities
-356 -598 -502 -458 -31 -486 -369 -136 -96 -101
Repurchase of Common Equity
-353 -602 -475 -375 0.00 -400 -300 -104 -96 -102
Issuance of Common Equity
25 27 26 26 20 18 17 14 14 11
Other Financing Activities, net
-28 -23 -53 -109 -51 -103 -86 -46 -13 -10
Effect of Exchange Rate Changes
-21 4.67 -12 -12 10 2.28 - 5.54 -3.37 -3.01

Quarterly Cash Flow Statements for Align Technology

This table details how cash moves in and out of Align Technology's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-171 1.98 281 -104 -72 -301 287 120 -110 -102 167
Net Cash From Operating Activities
53 286 264 160 29 47 287 252 200 145 266
Net Cash From Continuing Operating Activities
53 292 264 160 29 47 287 252 200 145 266
Net Income / (Loss) Continuing Operations
93 104 116 97 105 124 121 112 88 42 73
Consolidated Net Income / (Loss)
93 104 116 97 105 124 121 112 88 42 73
Depreciation Expense
39 38 38 36 33 34 37 36 36 34 32
Amortization Expense
9.46 9.84 9.56 9.43 9.61 - - - - - -
Non-Cash Adjustments To Reconcile Net Income
82 52 62 43 54 54 58 56 57 58 51
Changes in Operating Assets and Liabilities, net
-171 88 39 -26 -173 -165 71 48 19 12 111
Net Cash From Investing Activities
-25 -54 -8.92 -112 -80 -13 -4.31 -125 -53 -56 -85
Net Cash From Continuing Investing Activities
-25 -54 -8.92 -112 -80 -13 -4.31 -125 -53 -56 -85
Purchase of Property, Plant & Equipment
-25 -23 -30 -53 -9.37 -33 -22 -59 -64 -53 -75
Acquisitions
0.00 75 - -75 -77 77 -2.00 -75 0.00 - -12
Sale and/or Maturity of Investments
0.00 - 21 16 6.87 20 19 7.99 14 5.00 2.18
Other Investing Activities, net
0.00 - 0.11 0.14 -0.01 0.15 0.05 0.07 0.01 -0.07 0.05
Net Cash From Financing Activities
-207 -203 11 -152 -12 -350 12 -0.93 -259 -200 11
Net Cash From Continuing Financing Activities
-207 -203 11 -152 -12 -350 12 -0.93 -259 -200 11
Repurchase of Common Equity
-201 -203 - -150 0.00 -350 - - -252 -200 -
Issuance of Common Equity
14 - 11 - 14 - 12 - 14 - 11
Other Financing Activities, net
-20 -0.15 -0.37 -1.55 -26 -0.28 -0.51 -0.93 -21 -0.19 -0.42
Effect of Exchange Rate Changes
8.48 -27 15 -0.19 -9.00 16 -7.68 -5.74 2.22 8.91 -25

Annual Balance Sheets for Align Technology

This table presents Align Technology's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
6,215 6,084 5,948 5,942 4,830 2,501 2,052 1,784 1,396 1,159
Total Current Assets
2,492 2,447 2,424 2,494 1,850 1,633 1,302 1,158 953 732
Cash & Equivalents
1,044 937 942 1,099 961 550 637 450 389 168
Short-Term Investments
0.00 35 58 72 0.00 318 98 272 251 360
Accounts Receivable
996 903 860 897 658 550 439 324 247 159
Inventories, net
254 297 339 230 139 112 56 32 27 19
Prepaid Expenses
199 274 226 195 92 102 72 81 38 27
Plant, Property, & Equipment, net
1,271 1,291 1,232 1,082 735 632 521 349 175 136
Total Noncurrent Assets
2,451 2,346 2,292 2,366 2,245 236 229 277 268 290
Long-Term Investments
0.00 8.02 42 125 0.00 - 55 95 105 151
Goodwill
443 420 408 419 445 64 82 89 82 79
Intangible Assets
103 82 96 110 130 12 - - - -
Noncurrent Deferred & Refundable Income Taxes
1,557 1,590 1,572 1,534 1,553 64 65 49 68 51
Other Noncurrent Operating Assets
348 247 175 179 118 96 27 44 13 8.20
Total Liabilities & Shareholders' Equity
6,215 6,084 5,948 5,942 4,830 2,501 2,052 1,784 1,396 1,159
Total Liabilities
2,363 2,453 2,347 2,319 1,596 1,155 800 630 401 311
Total Current Liabilities
2,038 2,067 1,926 1,924 1,326 971 692 500 354 272
Accounts Payable
109 113 128 164 142 87 64 37 29 34
Accrued Expenses
598 526 454 607 406 320 235 196 134 108
Current Deferred Revenue
1,331 1,428 1,344 1,153 778 564 393 268 191 130
Total Noncurrent Liabilities
325 387 421 395 270 184 107 130 46 39
Noncurrent Deferred Revenue
96 117 124 118 106 103 - - - -
Other Noncurrent Operating Liabilities
228 270 296 277 164 81 107 130 46 39
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
3,852 3,630 3,601 3,623 3,234 1,346 1,253 1,154 995 848
Total Preferred & Common Equity
3,852 3,630 3,601 3,623 3,234 1,346 1,253 1,154 995 848
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
3,852 3,630 3,601 3,623 3,234 1,346 1,253 1,154 995 848
Common Stock
1,362 1,162 1,045 999 975 907 878 886 865 822
Retained Earnings
2,484 2,447 2,567 2,619 2,216 440 378 267 131 27
Accumulated Other Comprehensive Income / (Loss)
5.98 21 -10 4.33 44 -0.69 -2.77 0.57 -0.94 -0.98

Quarterly Balance Sheets for Align Technology

This table presents Align Technology's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Total Assets
6,103 6,215 6,366 6,158 6,156 6,084 6,319 6,145 5,901 5,948 5,913
Total Current Assets
2,402 2,492 2,597 2,412 2,479 2,447 2,702 2,465 2,332 2,424 2,501
Cash & Equivalents
873 1,044 1,042 761 866 937 1,239 952 832 942 1,045
Accounts Receivable
1,062 996 1,011 1,020 951 903 904 908 884 860 860
Inventories, net
247 254 254 259 280 297 296 313 312 339 321
Prepaid Expenses
220 199 291 351 350 274 218 237 252 226 229
Plant, Property, & Equipment, net
1,265 1,271 1,290 1,278 1,282 1,291 1,268 1,279 1,263 1,232 1,200
Total Noncurrent Assets
2,436 2,451 2,478 2,468 2,395 2,346 2,348 2,400 2,307 2,292 2,212
Goodwill
458 443 472 454 458 420 404 415 414 408 378
Intangible Assets
103 103 116 116 121 82 83 89 93 96 92
Noncurrent Deferred & Refundable Income Taxes
1,523 1,557 1,570 1,578 1,571 1,590 1,592 1,606 1,590 1,572 1,525
Other Noncurrent Operating Assets
352 348 321 320 241 247 251 264 172 175 168
Total Liabilities & Shareholders' Equity
6,103 6,215 6,366 6,158 6,156 6,084 6,319 6,145 5,901 5,948 5,913
Total Liabilities
2,309 2,363 2,422 2,400 2,396 2,453 2,517 2,506 2,421 2,347 2,218
Total Current Liabilities
1,991 2,038 2,064 2,040 2,023 2,067 2,123 2,107 2,005 1,926 1,809
Accounts Payable
125 109 109 106 117 113 100 110 131 128 139
Accrued Expenses
546 598 575 555 497 526 614 600 497 454 384
Current Deferred Revenue
1,319 1,331 1,380 1,379 1,409 1,428 1,409 1,397 1,377 1,344 1,287
Total Noncurrent Liabilities
318 325 358 360 373 387 394 399 417 421 409
Noncurrent Deferred Revenue
100 96 112 104 121 117 116 113 127 124 127
Other Noncurrent Operating Liabilities
218 228 246 257 252 270 277 286 290 296 282
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
3,794 3,852 3,944 3,758 3,760 3,630 3,802 3,638 3,480 3,601 3,695
Total Preferred & Common Equity
3,794 3,852 3,944 3,758 3,760 3,630 3,802 3,638 3,480 3,601 3,695
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
3,794 3,852 3,944 3,758 3,760 3,630 3,802 3,638 3,480 3,601 3,695
Common Stock
1,387 1,362 1,336 1,276 1,239 1,162 1,193 1,142 1,105 1,045 1,061
Retained Earnings
2,389 2,484 2,573 2,457 2,503 2,447 2,607 2,485 2,374 2,567 2,675
Accumulated Other Comprehensive Income / (Loss)
18 5.98 36 25 18 21 2.05 11 1.84 -10 -41

Annual Metrics And Ratios for Align Technology

This table displays calculated financial ratios and metrics derived from Align Technology's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
3.54% 3.42% -5.51% 59.90% 2.71% 22.39% 33.47% 36.44% 27.72% 11.01%
EBITDA Growth
0.77% 6.51% -35.65% 127.32% -21.83% 22.69% 29.63% 50.78% 28.54% -1.98%
EBIT Growth
-5.64% 5.10% -41.18% 168.56% -31.69% 20.10% 28.01% 50.13% 28.08% -2.24%
NOPAT Growth
-5.84% 15.13% -47.91% -58.96% 317.90% 6.19% 79.76% 15.82% 34.52% -1.56%
Net Income Growth
-5.32% 23.09% -53.17% -56.53% 301.08% 10.63% 72.95% 22.00% 31.71% -1.24%
EPS Growth
-3.27% 26.03% -52.43% -56.76% 305.24% 12.40% 73.85% 21.46% 31.64% 0.00%
Operating Cash Flow Growth
-6.05% 38.16% -51.50% 77.07% -11.39% 34.72% 26.48% 77.08% 4.06% 4.89%
Free Cash Flow Firm Growth
-26.51% 131.40% -77.71% 3,551.27% -95.48% 47.30% 103.91% 20.97% -9.13% -20.70%
Invested Capital Growth
5.98% 3.51% 10.05% 2.33% 375.98% 3.25% 36.76% 35.12% 47.87% 12.67%
Revenue Q/Q Growth
0.97% 1.45% -3.35% 5.23% 8.08% 5.05% 6.08% 9.52% 6.19% 3.89%
EBITDA Q/Q Growth
0.94% 7.79% -12.49% 4.24% 18.31% 6.50% 3.13% 16.79% -0.25% 5.34%
EBIT Q/Q Growth
-5.71% 9.73% -15.24% 4.19% 15.59% 6.41% 2.24% 17.41% -1.25% 5.60%
NOPAT Q/Q Growth
-3.88% 22.90% -28.83% 4.58% 2.80% 4.69% 28.90% -16.98% 3.22% 5.65%
Net Income Q/Q Growth
-4.58% 22.67% -29.21% 4.32% 2.17% 5.70% 27.83% -13.90% -0.66% 6.93%
EPS Q/Q Growth
-3.93% 23.09% -28.64% 4.64% 1.96% 6.14% 28.46% -13.98% -0.85% 7.27%
Operating Cash Flow Q/Q Growth
47.93% -11.07% -18.39% -8.47% 32.72% -3.00% 16.60% 22.77% 0.66% 3.37%
Free Cash Flow Firm Q/Q Growth
650.59% -14.48% -42.98% -18.73% 114.59% -0.98% 61.10% 4.87% 6.56% -2.99%
Invested Capital Q/Q Growth
-3.25% 5.99% 0.24% 2.07% -5.99% -8.72% -13.02% -13.54% 0.01% 0.60%
Profitability Metrics
- - - - - - - - - -
Gross Margin
70.00% 70.09% 70.52% 74.26% 71.33% 72.46% 73.63% 75.81% 75.50% 75.71%
EBITDA Margin
19.31% 19.84% 19.27% 28.29% 19.90% 26.14% 26.08% 26.85% 24.30% 24.14%
Operating Margin
15.19% 16.66% 17.21% 24.70% 15.66% 22.54% 23.73% 24.00% 23.05% 22.31%
EBIT Margin
14.72% 16.15% 15.90% 25.54% 15.20% 22.86% 23.29% 24.29% 22.07% 22.01%
Profit (Net Income) Margin
10.54% 11.52% 9.68% 19.53% 71.84% 18.40% 20.35% 15.71% 17.57% 17.03%
Tax Burden Percent
69.19% 69.41% 60.36% 76.25% 468.64% 78.69% 85.77% 63.44% 78.20% 77.39%
Interest Burden Percent
103.43% 102.77% 100.90% 100.31% 100.83% 102.27% 101.87% 101.94% 101.77% 100.00%
Effective Tax Rate
30.81% 30.59% 39.64% 23.75% -368.64% 19.97% 12.37% 35.68% 21.11% 22.61%
Return on Invested Capital (ROIC)
15.41% 17.14% 15.88% 32.38% 131.93% 92.37% 102.12% 77.30% 93.61% 91.39%
ROIC Less NNEP Spread (ROIC-NNEP)
15.32% 17.29% 18.12% 29.94% 136.14% 91.33% 103.20% 76.79% 94.56% 91.69%
Return on Net Nonoperating Assets (RNNOA)
-4.14% -4.83% -5.87% -9.86% -54.38% -58.30% -68.87% -55.77% -73.03% -73.39%
Return on Equity (ROE)
11.26% 12.31% 10.01% 22.52% 77.55% 34.07% 33.25% 21.53% 20.58% 17.99%
Cash Return on Invested Capital (CROIC)
9.60% 13.69% 6.31% 30.07% 1.38% 89.17% 71.07% 47.42% 54.99% 79.47%
Operating Return on Assets (OROA)
9.57% 10.37% 9.99% 18.74% 10.25% 24.17% 23.88% 22.51% 18.66% 17.34%
Return on Assets (ROA)
6.85% 7.40% 6.08% 14.33% 48.45% 19.45% 20.86% 14.55% 14.85% 13.42%
Return on Common Equity (ROCE)
11.26% 12.31% 10.01% 22.52% 77.55% 34.07% 33.25% 21.53% 20.58% 17.99%
Return on Equity Simple (ROE_SIMPLE)
10.94% 12.26% 10.04% 21.31% 54.92% 32.89% 31.94% 20.05% 19.06% 16.99%
Net Operating Profit after Tax (NOPAT)
420 447 388 745 1,814 434 409 227 196 146
NOPAT Margin
10.51% 11.56% 10.39% 18.84% 73.40% 18.04% 20.79% 15.44% 18.19% 17.27%
Net Nonoperating Expense Percent (NNEP)
0.09% -0.15% -2.25% 2.43% -4.21% 1.04% -1.07% 0.51% -0.94% -0.31%
Return On Investment Capital (ROIC_SIMPLE)
10.91% 12.30% 10.77% - - - - - - -
Cost of Revenue to Revenue
30.00% 29.92% 29.48% 25.74% 28.67% 27.54% 26.37% 24.19% 24.50% 24.29%
SG&A Expenses to Revenue
44.09% 44.10% 44.84% 43.23% 48.58% 44.54% 43.35% 0.00% 0.00% 0.00%
R&D to Revenue
9.11% 8.98% 8.17% 6.33% 7.09% 6.54% 6.55% 6.62% 7.01% 7.24%
Operating Expenses to Revenue
54.80% 53.43% 53.32% 49.56% 55.67% 49.92% 49.90% 51.81% 52.45% 53.40%
Earnings before Interest and Taxes (EBIT)
589 624 594 1,009 376 550 458 358 238 186
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
772 766 719 1,118 492 629 513 396 262 204
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
4.04 5.78 4.57 14.30 13.03 16.34 13.37 15.43 7.70 6.17
Price to Tangible Book Value (P/TBV)
4.71 6.71 5.32 16.75 15.85 17.31 14.31 16.72 8.39 6.81
Price to Revenue (P/Rev)
3.89 5.43 4.41 13.11 17.05 9.14 8.52 12.09 7.09 6.19
Price to Earnings (P/E)
36.94 47.15 45.56 67.12 23.73 49.67 41.85 76.98 40.39 36.35
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
2.71% 2.12% 2.19% 1.49% 4.21% 2.01% 2.39% 1.30% 2.48% 2.75%
Enterprise Value to Invested Capital (EV/IC)
5.17 7.55 6.03 21.72 18.11 44.23 34.51 50.26 27.63 26.92
Enterprise Value to Revenue (EV/Rev)
3.63 5.18 4.13 12.78 16.66 8.78 8.12 11.54 6.40 5.39
Enterprise Value to EBITDA (EV/EBITDA)
18.81 26.10 21.45 45.19 83.72 33.57 31.12 42.97 26.36 22.32
Enterprise Value to EBIT (EV/EBIT)
24.67 32.06 25.99 50.06 109.56 38.39 34.84 47.50 29.01 24.48
Enterprise Value to NOPAT (EV/NOPAT)
34.54 44.80 39.79 67.86 22.69 48.65 39.04 74.74 35.21 31.21
Enterprise Value to Operating Cash Flow (EV/OCF)
19.67 25.46 27.13 43.09 62.18 28.27 28.77 38.76 27.92 19.14
Enterprise Value to Free Cash Flow (EV/FCFF)
55.41 56.10 100.14 73.06 2,174.08 50.40 56.09 121.82 59.95 35.89
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-0.27 -0.28 -0.32 -0.33 -0.40 -0.64 -0.67 -0.73 -0.77 -0.80
Leverage Ratio
1.64 1.66 1.65 1.57 1.60 1.75 1.59 1.48 1.39 1.34
Compound Leverage Factor
1.70 1.71 1.66 1.58 1.61 1.79 1.62 1.51 1.41 1.34
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
5.56 6.74 5.87 15.36 17.38 13.68 14.88 19.11 13.45 11.88
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.22 1.18 1.26 1.30 1.40 1.68 1.88 2.32 2.69 2.69
Quick Ratio
1.00 0.91 0.97 1.08 1.22 1.46 1.70 2.09 2.51 2.52
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
262 357 154 692 19 419 285 140 115 127
Operating Cash Flow to CapEx
638.72% 442.15% 194.84% 292.33% 427.44% 499.16% 248.39% 224.09% 350.90% 445.26%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.65 0.64 0.63 0.73 0.67 1.06 1.03 0.93 0.85 0.79
Accounts Receivable Turnover
4.21 4.38 4.25 5.08 4.09 4.87 5.15 5.16 5.32 5.87
Inventory Turnover
4.35 3.64 3.87 5.51 5.64 7.91 11.88 12.12 11.36 11.61
Fixed Asset Turnover
3.12 3.06 3.23 4.35 3.62 4.17 4.52 5.62 6.93 7.46
Accounts Payable Turnover
10.82 9.59 7.55 6.65 6.18 8.75 10.27 10.91 8.41 7.13
Days Sales Outstanding (DSO)
86.67 83.31 85.85 71.79 89.18 75.02 70.83 70.80 68.61 62.23
Days Inventory Outstanding (DIO)
83.84 100.40 94.33 66.29 64.71 46.17 30.73 30.11 32.14 31.45
Days Payable Outstanding (DPO)
33.74 38.07 48.37 54.90 59.07 41.71 35.55 33.47 43.42 51.19
Cash Conversion Cycle (CCC)
136.77 145.65 131.81 83.18 94.83 79.47 66.01 67.45 57.33 42.50
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
2,808 2,650 2,560 2,326 2,273 478 463 338 250 169
Invested Capital Turnover
1.47 1.48 1.53 1.72 1.80 5.12 4.91 5.01 5.15 5.29
Increase / (Decrease) in Invested Capital
158 90 234 53 1,795 15 124 88 81 19
Enterprise Value (EV)
14,522 20,005 15,432 50,524 41,175 21,123 15,961 16,999 6,915 4,556
Market Capitalization
15,566 20,985 16,474 51,821 42,136 21,992 16,751 17,815 7,661 5,234
Book Value per Share
$51.60 $47.40 $46.10 $45.94 $41.01 $17.08 $15.66 $14.40 $12.49 $10.67
Tangible Book Value per Share
$44.28 $40.85 $39.66 $39.24 $33.72 $16.12 $14.64 $13.29 $11.46 $9.67
Total Capital
3,852 3,630 3,601 3,623 3,234 1,346 1,253 1,154 995 848
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-1,044 -981 -1,042 -1,297 -961 -869 -790 -816 -745 -679
Capital Expenditures (CapEx)
116 178 292 401 155 150 223 196 71 53
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-589 -593 -501 -601 -437 -206 -125 -63 -42 -67
Debt-free Net Working Capital (DFNWC)
454 380 499 570 524 662 610 658 599 460
Net Working Capital (NWC)
454 380 499 570 524 662 610 658 599 460
Net Nonoperating Expense (NNE)
-0.92 1.48 26 -27 39 -8.60 8.62 -3.98 6.70 1.96
Net Nonoperating Obligations (NNO)
-1,044 -981 -1,042 -1,297 -961 -869 -790 -816 -745 -679
Total Depreciation and Amortization (D&A)
183 142 126 109 116 79 55 38 24 18
Debt-free, Cash-free Net Working Capital to Revenue
-14.74% -15.35% -13.42% -15.21% -17.67% -8.57% -6.35% -4.29% -3.85% -7.92%
Debt-free Net Working Capital to Revenue
11.36% 9.84% 13.35% 14.42% 21.20% 27.52% 31.04% 44.68% 55.44% 54.45%
Net Working Capital to Revenue
11.36% 9.84% 13.35% 14.42% 21.20% 27.52% 31.04% 44.68% 55.44% 54.45%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$5.63 $5.82 $4.62 $9.78 $22.55 $5.57 $5.00 $2.89 $2.38 $1.80
Adjusted Weighted Average Basic Shares Outstanding
74.88M 76.43M 78.19M 78.92M 78.76M 79.42M 80.06M 80.09M 79.86M 80.00M
Adjusted Diluted Earnings per Share
$5.62 $5.81 $4.61 $9.69 $22.41 $5.53 $4.92 $2.83 $2.33 $1.77
Adjusted Weighted Average Diluted Shares Outstanding
74.99M 76.57M 78.42M 79.67M 79.23M 80.10M 81.36M 81.83M 81.48M 81.52M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
73.60M 75.10M 76.61M 78.80M 79.13M 78.75M 79.99M 80.14M 80.28M 79.63M
Normalized Net Operating Profit after Tax (NOPAT)
465 456 395 745 271 412 409 227 196 146
Normalized NOPAT Margin
11.62% 11.80% 10.57% 18.84% 10.96% 17.11% 20.79% 15.44% 18.19% 17.27%
Pre Tax Income Margin
15.23% 16.60% 16.04% 25.61% 15.33% 23.38% 23.73% 24.76% 22.46% 22.01%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
83.75% 135.35% 131.38% 48.58% 0.00% 90.34% 74.96% 44.85% 50.73% 70.68%

Quarterly Metrics And Ratios for Align Technology

This table displays calculated financial ratios and metrics derived from Align Technology's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-1.82% 4.02% 1.84% 2.63% 5.76% 6.12% 7.85% 3.36% -3.09% -12.57% -12.36%
EBITDA Growth
-6.52% -10.62% 8.09% -8.29% 16.92% 37.86% 26.43% -0.32% -22.33% -41.24% -47.05%
EBIT Growth
-12.25% -21.23% 3.41% -15.91% 16.41% 49.17% 29.46% -3.57% -29.19% -48.68% -53.76%
NOPAT Growth
-14.85% -13.62% -8.97% -11.91% 17.38% 201.52% 46.32% -8.38% -38.63% -78.71% -52.79%
Net Income Growth
-11.23% -16.29% -4.50% -13.64% 19.62% 196.86% 67.02% -0.87% -34.62% -78.12% -59.83%
EPS Growth
-8.63% -14.11% -1.90% -12.33% 21.93% 201.85% 69.89% 1.39% -32.94% -77.41% -59.21%
Operating Cash Flow Growth
83.77% 510.00% -8.20% -36.52% -85.66% -67.59% 7.78% 98.18% 555.44% -46.96% -24.94%
Free Cash Flow Firm Growth
111.77% -257.21% -262.15% -310.63% -362.95% 117.17% 194.08% 164.20% 152.43% -239.11% -159.33%
Invested Capital Growth
2.24% 5.98% 16.10% 14.26% 11.67% 3.51% -2.10% -0.66% 0.49% 10.05% 12.05%
Revenue Q/Q Growth
-1.60% 1.77% -4.92% 3.11% 4.25% -0.36% -4.19% 6.26% 4.62% 1.25% -8.17%
EBITDA Q/Q Growth
1.95% -13.89% 12.42% -5.29% -2.52% 4.14% -4.62% 20.75% 14.94% -4.50% -24.80%
EBIT Q/Q Growth
2.17% -18.32% 15.20% -8.72% -8.28% 7.22% -6.33% 26.37% 17.52% -6.94% -30.23%
NOPAT Q/Q Growth
-18.12% -6.29% 14.92% -3.43% -16.94% -1.24% 11.21% 28.67% 113.36% -52.08% -30.36%
Net Income Q/Q Growth
-10.19% -10.48% 20.09% -8.06% -15.31% 2.13% 8.60% 27.35% 110.17% -42.54% -35.55%
EPS Q/Q Growth
-9.29% -9.68% 21.09% -7.91% -14.72% 3.16% 8.22% 28.07% 111.11% -41.94% -35.42%
Operating Cash Flow Q/Q Growth
-81.59% 8.50% 64.97% 457.59% -38.88% -83.67% 14.07% 25.95% 38.14% -45.70% 109.75%
Free Cash Flow Firm Q/Q Growth
144.42% 81.98% -6.05% -38.73% -693.11% -81.42% 37.76% 73.19% 138.73% -1.81% 5.98%
Invested Capital Q/Q Growth
4.03% -3.25% -2.47% 4.15% 7.84% 5.99% -4.02% 1.79% -0.05% 0.24% -2.60%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
69.45% 70.03% 69.72% 70.26% 69.96% 69.98% 69.06% 71.21% 70.05% 68.52% 69.54%
EBITDA Margin
18.76% 18.11% 21.40% 18.10% 19.71% 21.08% 20.16% 20.25% 17.82% 16.22% 17.20%
Operating Margin
13.39% 14.48% 16.60% 14.30% 15.45% 17.93% 17.32% 17.16% 14.16% 12.50% 16.13%
EBIT Margin
13.80% 13.29% 16.56% 13.67% 15.44% 17.55% 16.31% 16.68% 14.03% 12.49% 13.59%
Profit (Net Income) Margin
9.52% 10.43% 11.86% 9.39% 10.53% 12.96% 12.65% 11.16% 9.31% 4.63% 8.17%
Tax Burden Percent
66.38% 73.74% 69.89% 67.12% 66.31% 71.73% 74.90% 65.16% 65.22% 36.23% 59.28%
Interest Burden Percent
103.93% 106.44% 102.47% 102.35% 102.85% 102.96% 103.53% 102.64% 101.77% 102.45% 101.39%
Effective Tax Rate
33.62% 26.26% 30.11% 32.88% 33.69% 28.27% 25.10% 34.84% 34.78% 63.78% 40.72%
Return on Invested Capital (ROIC)
12.24% 15.65% 17.01% 13.56% 14.82% 19.07% 19.55% 15.99% 13.40% 6.92% 15.30%
ROIC Less NNEP Spread (ROIC-NNEP)
11.55% 15.90% 16.79% 13.80% 14.51% 18.98% 19.81% 16.01% 13.33% 6.84% 16.34%
Return on Net Nonoperating Assets (RNNOA)
-2.71% -4.30% -5.08% -3.39% -3.66% -5.31% -6.46% -4.45% -3.81% -2.21% -5.39%
Return on Equity (ROE)
9.53% 11.35% 11.93% 10.17% 11.16% 13.77% 13.10% 11.54% 9.59% 4.71% 9.90%
Cash Return on Invested Capital (CROIC)
11.81% 9.60% 1.29% 2.76% 6.02% 13.69% 16.50% 13.07% 12.58% 6.31% 11.19%
Operating Return on Assets (OROA)
8.96% 8.64% 10.34% 8.76% 10.03% 11.27% 10.15% 10.43% 8.77% 7.84% 9.08%
Return on Assets (ROA)
6.18% 6.78% 7.41% 6.02% 6.84% 8.32% 7.87% 6.98% 5.82% 2.91% 5.46%
Return on Common Equity (ROCE)
9.53% 11.35% 11.93% 10.17% 11.16% 13.77% 13.10% 11.54% 9.59% 4.71% 9.90%
Return on Equity Simple (ROE_SIMPLE)
10.79% 0.00% 11.20% 11.90% 12.30% 0.00% 9.54% 8.63% 9.05% 0.00% 13.82%
Net Operating Profit after Tax (NOPAT)
87 106 113 99 102 123 125 112 87 41 85
NOPAT Margin
8.89% 10.68% 11.60% 9.60% 10.25% 12.86% 12.98% 11.18% 9.23% 4.53% 9.56%
Net Nonoperating Expense Percent (NNEP)
0.70% -0.25% 0.22% -0.24% 0.31% 0.09% -0.26% -0.02% 0.07% 0.08% -1.05%
Return On Investment Capital (ROIC_SIMPLE)
2.29% 2.76% - - - 3.39% - - - 1.13% -
Cost of Revenue to Revenue
30.55% 29.97% 30.28% 29.74% 30.04% 30.02% 30.95% 28.79% 29.95% 31.48% 30.46%
SG&A Expenses to Revenue
45.71% 42.70% 44.40% 43.97% 45.30% 42.07% 42.49% 45.22% 46.62% 45.49% 44.76%
R&D to Revenue
9.93% 9.53% 8.72% 8.96% 9.21% 8.59% 9.24% 8.83% 9.27% 9.26% 8.64%
Operating Expenses to Revenue
56.06% 55.54% 53.12% 55.96% 54.51% 52.05% 51.73% 54.05% 55.89% 56.02% 53.41%
Earnings before Interest and Taxes (EBIT)
135 132 162 141 154 168 157 167 132 113 121
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
184 180 209 186 197 202 194 203 168 146 153
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
3.08 4.04 4.82 4.84 6.68 5.78 6.15 7.44 7.36 4.57 4.38
Price to Tangible Book Value (P/TBV)
3.62 4.71 5.66 5.70 7.90 6.71 7.05 8.63 8.61 5.32 5.02
Price to Revenue (P/Rev)
2.94 3.89 4.80 4.61 6.41 5.43 6.14 7.24 6.91 4.41 4.19
Price to Earnings (P/E)
28.55 36.94 43.02 40.66 54.33 47.15 64.41 86.15 81.25 45.56 31.67
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
3.50% 2.71% 2.32% 2.46% 1.84% 2.12% 1.55% 1.16% 1.23% 2.19% 3.16%
Enterprise Value to Invested Capital (EV/IC)
3.70 5.17 6.19 5.84 8.47 7.55 8.83 9.99 9.64 6.03 5.89
Enterprise Value to Revenue (EV/Rev)
2.72 3.63 4.53 4.41 6.18 5.18 5.80 6.96 6.66 4.13 3.89
Enterprise Value to EBITDA (EV/EBITDA)
14.25 18.81 23.47 22.92 30.84 26.10 31.04 38.82 36.77 21.45 18.29
Enterprise Value to EBIT (EV/EBIT)
18.98 24.67 28.76 28.10 37.50 32.06 38.81 48.83 45.77 25.99 21.47
Enterprise Value to NOPAT (EV/NOPAT)
26.71 34.54 41.05 38.80 52.46 44.80 60.73 80.27 74.01 39.79 27.59
Enterprise Value to Operating Cash Flow (EV/OCF)
14.19 19.67 35.98 33.28 39.40 25.46 24.97 30.16 33.43 27.13 21.58
Enterprise Value to Free Cash Flow (EV/FCFF)
31.71 55.41 514.25 225.78 148.64 56.10 52.92 76.18 76.86 100.14 55.63
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-0.24 -0.27 -0.30 -0.25 -0.25 -0.28 -0.33 -0.28 -0.29 -0.32 -0.33
Leverage Ratio
1.62 1.64 1.64 1.66 1.67 1.66 1.63 1.65 1.66 1.65 1.60
Compound Leverage Factor
1.69 1.75 1.68 1.70 1.71 1.71 1.69 1.70 1.69 1.69 1.63
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
4.39 5.31 6.08 5.89 7.67 6.50 6.94 7.81 7.67 5.61 5.87
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.21 1.22 1.26 1.18 1.23 1.18 1.27 1.17 1.16 1.26 1.38
Quick Ratio
0.97 1.00 0.99 0.88 0.91 0.91 1.03 0.91 0.88 0.97 1.08
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
23 -52 -289 -273 -196 33 178 129 75 -193 -190
Operating Cash Flow to CapEx
208.30% 1,245.93% 884.77% 299.02% 305.95% 140.35% 1,327.32% 430.06% 311.76% 271.99% 353.67%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.65 0.65 0.62 0.64 0.65 0.64 0.62 0.63 0.63 0.63 0.67
Accounts Receivable Turnover
3.96 4.21 4.14 4.09 4.27 4.38 4.32 4.06 4.04 4.25 4.51
Inventory Turnover
4.55 4.35 4.32 4.16 3.96 3.64 3.73 3.62 3.81 3.87 4.18
Fixed Asset Turnover
3.13 3.12 3.10 3.08 3.08 3.06 3.08 3.04 3.08 3.23 3.51
Accounts Payable Turnover
9.89 10.82 11.39 11.02 9.46 9.59 9.66 8.81 7.06 7.55 7.03
Days Sales Outstanding (DSO)
92.27 86.67 88.23 89.26 85.51 83.31 84.55 89.87 90.41 85.85 80.98
Days Inventory Outstanding (DIO)
80.13 83.84 84.48 87.77 92.14 100.40 97.76 100.93 95.78 94.33 87.32
Days Payable Outstanding (DPO)
36.92 33.74 32.04 33.12 38.57 38.07 37.80 41.45 51.69 48.37 51.90
Cash Conversion Cycle (CCC)
135.49 136.77 140.67 143.91 139.08 145.65 144.51 149.35 134.51 131.81 116.40
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
2,921 2,808 2,902 2,976 2,857 2,650 2,500 2,605 2,559 2,560 2,554
Invested Capital Turnover
1.38 1.47 1.47 1.41 1.45 1.48 1.51 1.43 1.45 1.53 1.60
Increase / (Decrease) in Invested Capital
64 158 402 371 299 90 -54 -17 12 234 275
Enterprise Value (EV)
10,819 14,522 17,955 17,393 24,213 20,005 22,065 26,026 24,677 15,432 15,036
Market Capitalization
11,692 15,566 18,997 18,175 25,115 20,985 23,367 27,059 25,599 16,474 16,177
Book Value per Share
$51.55 $51.60 $52.80 $49.92 $50.01 $47.40 $49.68 $47.55 $45.43 $46.10 $47.30
Tangible Book Value per Share
$43.94 $44.28 $44.94 $42.34 $42.30 $40.85 $43.31 $40.96 $38.80 $39.66 $41.29
Total Capital
3,794 3,852 3,944 3,758 3,760 3,630 3,802 3,638 3,480 3,601 3,695
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-873 -1,044 -1,042 -782 -903 -981 -1,302 -1,034 -921 -1,042 -1,141
Capital Expenditures (CapEx)
25 23 30 53 9.37 33 22 59 64 53 75
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-462 -589 -508 -410 -443 -593 -705 -649 -557 -501 -400
Debt-free Net Working Capital (DFNWC)
411 454 534 372 456 380 579 358 327 499 691
Net Working Capital (NWC)
411 454 534 372 456 380 579 358 327 499 691
Net Nonoperating Expense (NNE)
-6.20 2.49 -2.54 2.13 -2.82 -0.96 3.17 0.22 -0.72 -0.96 12
Net Nonoperating Obligations (NNO)
-873 -1,044 -1,042 -782 -903 -981 -1,302 -1,034 -921 -1,042 -1,141
Total Depreciation and Amortization (D&A)
49 48 47 46 43 34 37 36 36 34 32
Debt-free, Cash-free Net Working Capital to Revenue
-11.60% -14.74% -12.83% -10.39% -11.30% -15.35% -18.52% -17.38% -15.03% -13.42% -10.34%
Debt-free Net Working Capital to Revenue
10.33% 11.36% 13.48% 9.44% 11.65% 9.84% 15.20% 9.59% 8.83% 13.35% 17.89%
Net Working Capital to Revenue
10.33% 11.36% 13.48% 9.44% 11.65% 9.84% 15.20% 9.59% 8.83% 13.35% 17.89%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.27 $1.40 $1.55 $1.28 $1.40 $1.63 $1.59 $1.46 $1.14 $0.54 $0.93
Adjusted Weighted Average Basic Shares Outstanding
73.56M 74.88M 74.74M 75.18M 75.18M 76.43M 76.57M 76.52M 76.92M 78.19M 78.09M
Adjusted Diluted Earnings per Share
$1.27 $1.40 $1.55 $1.28 $1.39 $1.63 $1.58 $1.46 $1.14 $0.54 $0.93
Adjusted Weighted Average Diluted Shares Outstanding
73.62M 74.99M 74.76M 75.22M 75.32M 76.57M 76.83M 76.69M 77.11M 78.42M 78.24M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
72.48M 73.60M 74.65M 74.70M 75.28M 75.10M 76.59M 76.53M 76.52M 76.61M 78.11M
Normalized Net Operating Profit after Tax (NOPAT)
90 106 113 120 102 123 125 112 87 79 85
Normalized NOPAT Margin
9.17% 10.68% 11.60% 11.63% 10.25% 12.86% 12.98% 11.18% 9.23% 8.75% 9.56%
Pre Tax Income Margin
14.34% 14.15% 16.97% 13.99% 15.88% 18.07% 16.88% 17.12% 14.27% 12.79% 13.77%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
135.26% 83.75% 113.24% 111.85% 75.71% 135.35% 124.68% 144.02% 207.05% 131.38% 73.43%

Frequently Asked Questions About Align Technology's Financials

When does Align Technology's fiscal year end?

According to the most recent income statement we have on file, Align Technology's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Align Technology's net income changed over the last 9 years?

Align Technology's net income appears to be on an upward trend, with a most recent value of $421.36 million in 2024, rising from $144.02 million in 2015. The previous period was $445.05 million in 2023. View Align Technology's forecast to see where analysts expect Align Technology to go next.

What is Align Technology's operating income?
Align Technology's total operating income in 2024 was $607.63 million, based on the following breakdown:
  • Total Gross Profit: $2.80 billion
  • Total Operating Expenses: $2.19 billion
How has Align Technology revenue changed over the last 9 years?

Over the last 9 years, Align Technology's total revenue changed from $845.49 million in 2015 to $4.00 billion in 2024, a change of 373.0%.

How much debt does Align Technology have?

Align Technology's total liabilities were at $2.36 billion at the end of 2024, a 3.7% decrease from 2023, and a 660.4% increase since 2015.

How much cash does Align Technology have?

In the past 9 years, Align Technology's cash and equivalents has ranged from $167.71 million in 2015 to $1.10 billion in 2021, and is currently $1.04 billion as of their latest financial filing in 2024.

How has Align Technology's book value per share changed over the last 9 years?

Over the last 9 years, Align Technology's book value per share changed from 10.67 in 2015 to 51.60 in 2024, a change of 383.7%.



This page (NASDAQ:ALGN) was last updated on 5/29/2025 by MarketBeat.com Staff
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