Tearsheet
Investment Highlights Market Valuation Price Chart About ALGN Interactive Breakdown Better Bets vs. ALGN Latest Trefis Analyses Trade Ideas Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Align Technology (ALGN)

Market Price (10/21/2025): $135.17 | Market Cap: $9.8 Bil
Sector: Health Care | Industry: Health Care Supplies

Align Technology (ALGN)

Market Price (10/21/2025): $135.17
Market Cap: $9.8 Bil
Sector: Health Care
Industry: Health Care Supplies

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%		 Weak multi-year price returns
2Y Excs Rtn is -104%, 3Y Excs Rtn is -120%		 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.1%, Rev Chg QQuarterly Revenue Change % is -1.6%
1 Attractive yield
FCF Yield is 6.5%		  
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%
1 Attractive yield
FCF Yield is 6.5%
2 Weak multi-year price returns
2Y Excs Rtn is -104%, 3Y Excs Rtn is -120%
3 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.1%, Rev Chg QQuarterly Revenue Change % is -1.6%

Market Valuation & Key Metrics

ALGNS&P 500
REVENUE GROWTHVERY POOR
Rev LTM ($ Bil)4.0
Rev Chg Q-1.6%6.1%
Rev Chg LTM0.6%5.2%
Rev Chg 3Y Avg-0.1%5.4%
PROFITABILITYFAIR
Op Inc LTM ($ Bil)0.6
Op Mgn LTM16.1%18.6%
CFO LTM ($ Bil)0.7
CFO/Rev LTM18.4%20.4%
Net Inc LTM ($ Bil)0.4
Net Inc Mgn11.0%12.7%
VALUATIONMODERATE
P/S2.53.2
P/CFO13.415.9
P/FCF15.520.7
P/E22.424.0
STABILITYVERY GOOD
Debt/Equity0.010.22
Cash/Assets0.140.07

ALGN Stock

Return vs. Risk

Price Returns Compared

 202020212022202320242025Total [1]
Returns
ALGN Return92%23%-68%30%-24%-35%-53%
Peers Return24%27%-27%19%-14%-11%5%
S&P 500 Return16%27%-19%24%23%15%106%

Monthly Win Rates [3]
ALGN Win Rate75%50%33%58%42%56% 
Peers Win Rate63%60%43%58%42%44% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
ALGN Max Drawdown-51%-7%-73%-13%-26%-40% 
Peers Max Drawdown-29%-7%-39%-10%-21%-24% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 

[1] Cumulative total returns since the beginning of 2020
[2] Peers: STE, HSIC, XRAY, WST, COO. See ALGN Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/20/2025 (YTD)

Downturns Compared

Unique KeyEventALGNS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-76.1%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven318.1%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-53.8%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven116.4%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven113 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-55.9%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven126.9%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven409 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-82.6%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven474.0%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1257 days1480 days


How Low Can It Go?

Align Technology's stock fell -76.1% during the 2022 Inflation Shock from a high on 9/8/2021. A -76.1% loss requires a 318.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

Better Bets than Align Technology (ALGN)

 ALGNBetter Performance than ALGN
MetricValueIndustry (Health Care Supplies)
Rev Chg LTM0.6%WST (2.9%), COO (6.4%), MMSI (8.2%), LNTH (5.7%), NVST (0.8%)
Rev Chg 3Y Avg-0.1%WST (0.4%), COO (7.9%), MMSI (8.0%), LNTH (34.3%), NVST (0.2%)
Op Mgn LTM16.1%WST (21.0%), COO (18.3%), LNTH (28.9%)
CFO/Rev LTM18.4%WST (22.9%), COO (20.2%), LNTH (34.7%), BLFS (20.3%)
FCF/Rev LTM15.9%LNTH (31.1%)
Total Yield4.5%LNTH (7.0%), HAE (6.7%)
 ALGNBetter Performance than ALGN
MetricValueAll Other Sectors
Rev Chg LTM0.6%NVDA (71.6%), AAPL (6.0%), MSFT (14.9%), GOOGL (13.1%), AMZN (10.9%)
Rev Chg 3Y Avg-0.1%NVDA (92.0%), AAPL (1.8%), MSFT (12.5%), GOOGL (10.2%), AMZN (11.3%)
Op Mgn LTM16.1%NVDA (58.1%), AAPL (31.9%), MSFT (45.6%), GOOGL (32.7%), META (42.9%)
CFO/Rev LTM18.4%NVDA (46.6%), AAPL (26.6%), MSFT (48.3%), GOOGL (36.0%), META (56.4%)
FCF/Rev LTM15.9%NVDA (43.6%), AAPL (23.5%), MSFT (25.4%), GOOGL (18.0%), META (30.7%)
Total Yield4.5%JPM (6.7%), XOM (9.9%), BABA (36.3%), BAC (7.0%), HD (6.1%)
 Best Bets In Health Care Sector
 ALGNRPRX HALO CPRX LNTH PBH PFE EW AVTR ILMN HCA
What You Pay           
P/E22.415.214.512.314.314.413.110.715.012.417.4
P/EBIT15.48.011.410.59.89.310.526.410.310.49.5
What You Get           
Rev Chg Q-1.6%7.7%40.8%19.4%-4.1%-6.6%10.3%11.9%-1.1%-4.8%6.4%
Rev Chg LTM0.6%3.0%35.0%28.5%5.7%0.6%13.5%9.1%-2.3%-3.3%6.4%
Rev Chg 3Y Avg-0.1%0.8%35.5%49.9%34.3%0.8%-12.4%3.0%-4.3%-3.0%6.6%
FCF/Rev 3Y Avg14.2%113.4%43.4%38.9%26.1%21.6%13.8%11.9%9.7%9.0%8.4%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 11%, alpha of 1.9%, and sharpe of 0.52

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1Align Technology Earnings Notes  
2How Low Can Align Technology Stock Really Go?Return 
3Better Bet Than ALGN Stock: Pay Less Than Align Technology To Get More From AVNS, HAE Actionable 
4ALGN Drops 26% in a Month, But Does GOOGL Offer Better Fundamentals?Counter-Intuitive Comparisons 
5ALGN Drops 26% in a Month, But Does JNJ Offer Better Fundamentals?Counter-Intuitive Comparisons 
6After ALGN's 26% Single Month Slide, LNTH Looks Like the Stronger Long-Term PlayCounter-Intuitive Comparisons 
7How Does Align Technology Stock Stack Up Against Its Peers?Peer Comparison 
8Better Bet Than ALGN Stock: Pay Less Than Align Technology To Get More From UNH, MRK   
9Better Bet Than ALGN Stock: Pay Less Than Align Technology To Get More From HAE   
10ALGN Dip Buy Analysis  
11ARTICLES  
12S&P 500 Stocks Trading At 52-Week Low September 26th, 2025
13Stocks Trading At 52-Week Low September 24th, 2025
14Better Bet Than Align Technology Stock: Pay Less To Get More From HAE, AVNS August 26th, 2025
15ALGN Down 29% In A Month. How Confident Are You In The Stock? August 25th, 2025
16ALGN Dropped 24% In A Month. Have You Fully Evaluated The Risk? August 14th, 2025
Title
0DASHBOARDS
1S&P 500 Stocks Trading At 52-Week Low
2Stocks Trading At 52-Week Low
3Better Bet Than Align Technology Stock: Pay Less To Get More From HAE, AVNS
4ALGN Down 29% In A Month. How Confident Are You In The Stock?
5ALGN Dropped 24% In A Month. Have You Fully Evaluated The Risk?
6ARTICLES
7Align Technology Earnings Notes
8How Low Can Align Technology Stock Really Go?
9Better Bet Than ALGN Stock: Pay Less Than Align Technology To Get More From AVNS, HAE 
10ALGN Drops 26% in a Month, But Does GOOGL Offer Better Fundamentals?
11ALGN Drops 26% in a Month, But Does JNJ Offer Better Fundamentals?
12After ALGN's 26% Single Month Slide, LNTH Looks Like the Stronger Long-Term Play
13How Does Align Technology Stock Stack Up Against Its Peers?
14Better Bet Than ALGN Stock: Pay Less Than Align Technology To Get More From UNH, MRK 
15Better Bet Than ALGN Stock: Pay Less Than Align Technology To Get More From HAE 
16ALGN Dip Buy Analysis

Trade Ideas

Select past ideas related to ALGN. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ADMA_9302025_Dip_Buyer_ValueBuy09302025ADMAADMA BiologicsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		-2.0%-2.0%-4.6%
REGN_9302025_Dip_Buyer_ValueBuy09302025REGNRegeneron PharmaceuticalsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		2.8%2.8%-0.8%
HAE_9262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG09262025HAEHaemoneticsDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap		4.3%4.3%-0.1%
WAT_9192025_Monopoly_xInd_xCD_Getting_Cheaper09192025WATWatersMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		11.2%11.2%-4.3%
ISRG_9052025_Monopoly_xInd_xCD_Getting_Cheaper09052025ISRGIntuitive SurgicalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-4.4%-4.4%-8.0%
ALGN_7312025_Dip_Buyer_ValueBuy07312025ALGNAlign TechnologyDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		1.1%1.1%-3.2%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ADMA_9302025_Dip_Buyer_ValueBuy09302025ADMAADMA BiologicsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		-2.0%-2.0%-4.6%
REGN_9302025_Dip_Buyer_ValueBuy09302025REGNRegeneron PharmaceuticalsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		2.8%2.8%-0.8%
HAE_9262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG09262025HAEHaemoneticsDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap		4.3%4.3%-0.1%
WAT_9192025_Monopoly_xInd_xCD_Getting_Cheaper09192025WATWatersMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		11.2%11.2%-4.3%
ISRG_9052025_Monopoly_xInd_xCD_Getting_Cheaper09052025ISRGIntuitive SurgicalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-4.4%-4.4%-8.0%
ALGN_7312025_Dip_Buyer_ValueBuy07312025ALGNAlign TechnologyDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		1.1%1.1%-3.2%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1PRAXPraxis Precision Medicines234.5%127.5%
2NVTSNavitas Semiconductor71.5%379.0%
3BETRBetter Home & Finance60.2%812.4%
4KODKodiak Sciences52.6%77.9%
5CELCCelcuity48.9%439.2%
6SSIISS Innovations International47.6%26.5%
7CCOClear Channel Outdoor44.6%37.2%
8GRALGRAIL30.4%414.6%
9LBRTLiberty Energy28.9%-18.7%
10SANASana Biotechnology28.0%241.1%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1SOCSable Offshore-31.3%-44.1%
2ONDSOndas-28.1%203.5%
3OLMAOlema Pharmaceuticals-27.7%33.3%
4IONQIonQ-27.0%43.5%
5AIVApartment Investment & Management-26.6%-7.0%
6RCATRed Cat-24.8%-10.0%
7MNPRMonopar Therapeutics-24.4%250.7%
8LARLithium Argentina-23.1% 
9ASPIASP Isotopes-23.0%126.5%
10ALABAstera Labs-21.7%18.0%

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1WOLFWolfspeed1245.3%350.5%
2QUREuniQure360.9%261.9%
3PRAXPraxis Precision Medicines314.7%127.5%
4NVTSNavitas Semiconductor143.9%379.0%
5CLPTClearPoint Neuro143.9%77.6%
6BETRBetter Home & Finance138.8%812.4%
7GRALGRAIL120.5%414.6%
8LACLithium Americas114.8%135.0%
9SESSES AI107.0%49.3%
10UAMYUnited States Antimony106.9%658.8%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1SOCSable Offshore-45.7%-44.1%
2FLYFirefly Aerospace-40.0% 
3ALABAstera Labs-36.3%18.0%
4UPWheels Up Experience-36.0%-3.0%
5PGYPagaya Technologies-31.7%211.2%
6KVYOKlaviyo-30.9%-41.0%
7USNAUsana Health Sciences-30.5%-42.4%
8VGVenture Global-29.9% 
9DOMODomo-28.4%82.6%
10MGNIMagnite-28.0%17.3%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1PRAXPraxis Precision Medicines234.5%127.5%
2NVTSNavitas Semiconductor71.5%379.0%
3BETRBetter Home & Finance60.2%812.4%
4KODKodiak Sciences52.6%77.9%
5CELCCelcuity48.9%439.2%
6SSIISS Innovations International47.6%26.5%
7CCOClear Channel Outdoor44.6%37.2%
8GRALGRAIL30.4%414.6%
9LBRTLiberty Energy28.9%-18.7%
10SANASana Biotechnology28.0%241.1%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1SOCSable Offshore-31.3%-44.1%
2ONDSOndas-28.1%203.5%
3OLMAOlema Pharmaceuticals-27.7%33.3%
4IONQIonQ-27.0%43.5%
5AIVApartment Investment & Management-26.6%-7.0%
6RCATRed Cat-24.8%-10.0%
7MNPRMonopar Therapeutics-24.4%250.7%
8LARLithium Argentina-23.1% 
9ASPIASP Isotopes-23.0%126.5%
10ALABAstera Labs-21.7%18.0%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Align Technology

Financials

ALGNSTEHSICXRAYWSTCOOMedian
NameAlign Te.Steris Henry Sc.Dentsply.West Pha.Cooper C. 
Mkt Price134.93242.2263.9312.93274.9074.99104.96
Mkt Cap9.823.87.82.619.814.912.4
Rev LTM3,9655,57112,7733,6712,9604,0464,005
Op Inc LTM638997771253622741689
FCF LTM632909334138344412378
FCF 3Y Avg549666436233366274401
CFO LTM7311,264512283677816704
CFO 3Y Avg7061,022619381712665685

Growth & Margins

ALGNSTEHSICXRAYWSTCOOMedian
NameAlign Te.Steris Henry Sc.Dentsply.West Pha.Cooper C. 
Rev Chg LTM0.6%6.4%2.3%-5.8%2.9%6.4%2.6%
Rev Chg 3Y Avg-0.1%8.2%0.2%-3.9%0.4%7.9%0.3%
Rev Chg Q-1.6%8.7%3.3%-4.9%9.2%5.7%4.5%
QoQ Delta Rev Chg LTM-0.4%2.0%0.8%-1.3%2.2%1.4%1.1%
Op Mgn LTM16.1%17.9%6.0%6.9%21.0%18.3%17.0%
Op Mgn 3Y Avg16.3%17.6%5.8%7.0%22.2%16.5%16.4%
QoQ Delta Op Mgn LTM-0.3%0.3%-0.0%1.2%0.5%-0.7%0.1%
CFO/Rev LTM18.4%22.7%4.0%7.7%22.9%20.2%19.3%
CFO/Rev 3Y Avg18.3%19.8%4.9%9.9%24.6%17.5%17.9%
FCF/Rev LTM15.9%16.3%2.6%3.8%11.6%10.2%10.9%
FCF/Rev 3Y Avg14.2%12.8%3.5%6.0%12.6%7.2%9.9%

Valuation

ALGNSTEHSICXRAYWSTCOOMedian
NameAlign Te.Steris Henry Sc.Dentsply.West Pha.Cooper C. 
Mkt Cap9.823.87.82.619.814.912.4
P/S2.54.30.60.76.73.73.1
P/EBIT15.425.811.8-2.533.220.718.0
P/E22.436.920.0-2.740.736.629.5
P/CFO13.418.915.29.129.318.316.8
Total Yield4.5%3.7%5.0%-33.1%2.6%2.7%3.2%
Dividend Yield0.0%0.9%0.0%3.8%0.2%0.0%0.1%
FCF Yield 3Y Avg3.0%2.9%4.8%4.6%1.7%1.7%3.0%
D/E0.00.10.41.00.00.20.1
Net D/E-0.10.10.40.8-0.00.20.1

Returns

ALGNSTEHSICXRAYWSTCOOMedian
NameAlign Te.Steris Henry Sc.Dentsply.West Pha.Cooper C. 
1M Rtn2.7%-2.6%-5.8%-0.5%7.9%10.0%1.1%
3M Rtn-28.6%9.1%-7.4%-16.2%31.0%5.1%-1.1%
6M Rtn-21.7%11.3%1.3%3.2%33.8%-4.7%2.3%
12M Rtn-38.6%8.4%-11.7%-45.5%-6.0%-30.7%-21.2%
3Y Rtn-35.0%49.2%-9.0%-51.9%18.9%15.4%3.2%
1M Excs Rtn1.6%-3.7%-6.9%-1.5%6.8%8.9%0.1%
3M Excs Rtn-37.2%1.8%-18.2%-26.9%18.9%-4.1%-11.1%
6M Excs Rtn-52.2%-19.3%-29.2%-27.4%3.2%-35.3%-28.3%
12M Excs Rtn-52.8%-7.0%-26.2%-60.6%-19.9%-46.2%-36.2%
3Y Excs Rtn-120.0%-36.3%-88.6%-135.3%-72.5%-66.0%-80.5%

Comparison Analyses

Title
0How Does Align Technology Stock Stack Up Against Its Peers?
1Align Technology vs. Snowflake: With Return Forecast Of 73%, Snowflake Is A Better Bet
2Align Technology vs. ARM: With Return Forecast Of 43%, ARM Is A Better Bet
3Align Technology vs. CrowdStrike: With Return Forecast Of 37%, CrowdStrike Is A Better Bet
4Align Technology vs. Warner Music: With Return Forecast Of 11%, Warner Music Is A Better Bet
5Align Technology vs. Liberty Broadband: Neither Seems Like A Good Bet
6Align Technology vs. Hyatt Hotels: Neither Seems Like A Good Bet
7Align Technology vs. Fair Isaac: With Return Forecast Of 14%, Fair Isaac Is A Better Bet
8Align Technology vs. Veeva Systems: With Return Forecast Of 38%, Veeva Systems Is A Better Bet
9Align Technology vs. Digital Realty Trust: With Return Forecast Of 11%, Digital Realty Trust Is A Better Bet

Financials

$ Mil | FY: 12/312025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q3
Period End6/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/20233/31/202312/31/20229/30/2022
Filing Date8/6/20255/8/20252/28/202511/5/20248/2/20245/3/20242/28/202411/3/20238/4/20235/5/20232/27/202311/4/2022
Key Financials Quarterly            
Total Revenue1,0129799959781,0289979579601,002943902890
Ebitda204174215200214187219203208169158176
Operating Income163135177162178154185166172134124144
Net Income1259310411697105124121112884273
EPS1.721.271.391.551.281.401.641.591.461.140.540.93
Key Financials TTM            
Total Revenue TTM3,9653,9813,9993,9613,9433,9173,8623,8073,7373,7053,7353,864
Ebitda TTM793804817820823817799738711721780873
Operating Income TTM638653672680684677657596573589654751
Net Income TTM438410421442447462445363314315362511
Growth Rates Quarterly            
Total Revenue Growth-1.6%-1.8%4.0%1.8%2.6%5.8%6.1%7.8%3.4%-3.1%-12.6%-12.4%
EBITDA Growth-5.0%-6.8%-1.5%-1.6%3.2%10.5%38.5%15.7%-4.9%-25.6%-37.0%-39.1%
Operating Income Growth-8.5%-12.2%-4.2%-2.4%3.6%15.4%48.9%15.8%-8.6%-32.6%-43.8%-45.0%
Net Income Growth29.0%-11.2%-16.3%-4.5%-13.6%19.6%196.9%67.0%-0.9%-34.6%-78.1%-59.8%
Margins Quarterly            
EBITDA Margin20.1%17.8%21.6%20.5%20.8%18.8%22.8%21.2%20.7%18.0%17.5%19.8%
Operating Income Margin16.1%13.8%17.8%16.6%17.3%15.5%19.3%17.3%17.2%14.2%13.8%16.1%
Net Income Margin12.3%9.5%10.4%11.9%9.4%10.5%13.0%12.6%11.2%9.3%4.6%8.2%
Cash & Debt            
Total Cash9018731,0441,0427828999731,2841,0088841,0001,091
Total Debt123119119128129126127127133127127121
Net Debt / (Cash)-778-754-925-914-653-772-846-1,157-874-757-873-970
Cash Flows Quarterly            
FCF from Operations129532862641602947287252200145266
Cash Flows TTM            
FCF from Operations TTM731762738499523615786884863738569697
Returns to Shareholders Quarterly            
Dividends000000000000
Share Repurchases96201203-0150-0300-0-0292160-0
Return on Invested Capital (ROIC) Quarterly            
ROIC66.0%55.2%117.7%99.2%73.8%84.3%157.3%1307.9%160.8%99.7%111.0%680.4%
Return on Invested Capital (ROIC) TTM            
ROIC TTM63.4%69.6%104.8%102.3%74.0%97.1%135.2%972.1%118.7%97.4%243.7%1088.5%

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Clear Aligner3,1993,0733,2472,1012,026
Systems and Services663662706370381
Total3,8623,7353,9532,4722,407


Operating Income by Segment
$ Mil20242023202220212020
Clear Aligner1,1821,1341,326768836
Systems and Services19118025996138
Unallocated corporate expenses-730-672-609-477-431
Total643643976387542


Price Behavior

ALGN Betas & Captures as of 9/30/2025

 1M2M3M6M1Y3Y
Beta1.800.852.161.171.261.53
Up Beta4.623.603.211.461.461.65
Down Beta2.46-2.77-1.120.300.711.12
Up Capture-47%46%100%116%94%311%
Bmk +ve Days13233574144420
Stock +ve Days7182864114367
Down Capture350%118%465%177%143%110%
Bmk -ve Days8192952107330
Stock -ve Days14243561136383

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date9302025
Short Interest: Shares Quantity2,138,506
Short Interest: % Change Since 9152025-4.2%
Average Daily Volume1,200,910
Days-to-Cover Short Interest1.78
Basic Shares Quantity72,565,000
Short % of Basic Shares2.9%

Returns Analyses

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/30/2025-36.6%-32.8%-30.7%
4/30/20252.0%-0.6%4.4%
2/5/20250.9%-5.1%-19.7%
10/23/20244.2%1.5%9.9%
7/24/2024-7.7%-5.3%-6.6%
4/24/2024-1.0%-9.3%-19.6%
1/31/20242.3%6.5%12.2%
10/25/2023-24.9%-27.8%-13.5%
...
SUMMARY STATS   
# Positive131211
# Negative111213
Median Positive7.5%9.9%11.4%
Median Negative-7.7%-8.3%-13.5%
Max Positive35.0%30.9%31.4%
Max Negative-36.6%-32.8%-30.7%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025806202510-Q 6/30/2025
3312025508202510-Q 3/31/2025
12312024228202510-K 12/31/2024
93020241105202410-Q 9/30/2024
6302024802202410-Q 6/30/2024
3312024503202410-Q 3/31/2024
12312023228202410-K 12/31/2023
93020231103202310-Q 9/30/2023
6302023804202310-Q 6/30/2023
3312023505202310-Q 3/31/2023
12312022227202310-K 12/31/2022
93020221104202210-Q 9/30/2022
6302022804202210-Q 6/30/2022
3312022505202210-Q 3/31/2022
12312021225202210-K 12/31/2021
93020211102202110-Q 9/30/2021

Insider Activity

Expand for More

 

Industry Resources

External Quote Links


Prefer one of these to Trefis? Tell us why.