ALIGN TECHNOLOGY INC

Company Overview

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Financial Performance

Comprehensive financial statements, metrics, and performance analysis

Financial Performance Overview

12 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 202312 mos ending Dec 31, 20243 mos ending Mar 31, 20243 mos ending Mar 31, 2025CAGR %YoY %Revenue (+)
$560.04
660.21
761.65
845.49
1079.87
1473.41
1975.07
2419.28
2471.94
3952.58
3734.64
3862.26
3999.01
997.43
979.26
17.80%-1.82%Cost of Revenue (-)
$143.65
162.10
183.21
205.38
264.58
356.47
518.63
662.90
708.71
1017.23
1100.86
1155.40
1199.85
299.62
299.15
19.35%-0.15%Gross Profit (+)
$416.39
498.11
578.44
640.11
815.29
1116.95
1447.87
1743.90
1763.23
2935.36
2633.78
2706.86
2799.16
697.82
680.11
17.21%-2.54%Selling, General & Administrative (-)
$247.88
292.80
332.07
390.24
490.65
665.78
852.40
1072.05
1200.76
1708.64
1674.47
1703.38
1763.19
451.82
447.63
17.76%-0.93%Research & Development (-)
$42.87
44.08
52.80
61.24
75.72
97.56
128.90
157.36
175.31
250.31
305.26
346.83
364.20
91.86
97.20
19.52%5.82%Non-recurring Operating Expenses (-)
$36.59
67.01
-22.50
30.97
4.18
-1.38%Operating Expenses (-)
$330.80
403.89
384.87
451.48
566.37
763.34
981.30
1201.40
1376.06
1958.95
1991.18
2063.53
2191.53
543.68
549.01
17.07%0.98%Costs & Expenses (Total) (-)
$474.45
565.99
568.08
656.85
830.95
1119.80
1499.93
1869.81
2084.77
2976.18
3092.04
3218.92
3391.38
843.30
848.16
17.81%0.58%Operating Income/Loss (+)
$85.59
94.21
193.58
188.63
248.92
353.61
466.56
542.49
387.17
976.40
642.60
643.34
607.63
154.13
131.10
17.74%-14.94%Non-operating Income/Expense (+)
$-1.30
-1.07
-3.21
-2.53
-8.04
7.97
-17.18
0.15
-11.35
32.92
-48.91
-19.39
-18.89
-0.14
4.03
2955.32%Earnings before Tax (+)
$84.30
93.14
190.37
186.10
242.57
364.80
466.65
562.65
378.95
1012.42
599.06
641.20
608.96
158.39
140.44
17.91%-11.33%Tax Expense (-)
$25.61
28.84
44.54
42.08
51.20
130.16
57.72
112.35
-1396.94
240.40
237.48
196.15
187.60
53.36
47.21
18.05%-11.52%Income/Loss (Continuing Operations) (+)
$58.69
64.29
145.83
144.02
191.37
234.64
408.93
450.30
1775.89
772.02
361.57
445.05
421.36
105.03
93.23
17.85%-11.23%Net Income/Loss (+)
$58.69
64.30
145.83
144.02
189.68
231.42
400.24
442.78
1775.89
772.02
361.57
445.05
421.36
105.03
93.23
17.85%-11.23%Net Income/Loss (Common) (+)
$58.69
64.30
145.83
144.02
189.68
231.42
400.24
442.78
1775.89
772.02
361.57
445.05
421.36
105.03
93.23
17.85%-11.23%EPS (Basic)
$0.73
0.80
1.81
1.80
2.38
2.89
5.00
5.57
22.55
9.78
4.62
5.82
5.63
1.40
1.27
18.56%-9.29%EPS (Diluted)
$0.71
0.78
1.77
1.77
2.33
2.83
4.92
5.53
22.41
9.69
4.61
5.81
5.62
1.39
1.27
18.82%-8.63%Weighted Avg Shares (Basic)
80.53
80.55
80.75
80.00
79.86
80.08
80.06
79.42
78.76
78.92
78.19
76.43
74.88
75.17
73.56
-0.60%-2.15%Weighted Avg Shares (Diluted)
83.04
82.59
82.28
81.52
81.48
81.83
81.36
80.10
79.23
79.67
78.42
76.57
74.99
75.32
73.61
-0.85%-2.27%Cash
$307.96
242.95
199.87
167.71
389.27
449.51
636.90
550.42
960.84
1099.37
942.05
937.44
1043.89
865.80
873.01
10.71%0.83%Short-term Investments
$28.48
127.04
254.79
359.58
250.98
272.03
98.46
318.20
71.97
57.53
35.30
33.10
Receivables
$98.99
113.25
129.75
158.55
247.41
322.82
439.01
550.29
657.70
897.20
859.68
903.42
995.68
950.74
1061.98
21.21%11.70%Inventory
$15.12
13.97
15.93
19.46
27.13
31.69
55.64
112.05
139.24
230.23
338.75
296.90
254.29
280.08
246.57
26.52%-11.96%Prepaid Expenses (Current)
$35.23
47.47
19.77
26.70
38.18
80.95
72.47
102.45
91.75
195.31
226.37
273.55
198.58
349.59
220.47
15.50%-36.93%Other Assets (Current)
$
37.05
Assets (Current)
$485.79
544.68
657.16
732.01
952.98
1157.00
1302.48
1633.42
1849.54
2494.07
2424.39
2446.62
2492.44
2479.31
2402.03
14.60%-3.12%Securities & Long-term Investments
$21.25
101.98
147.89
151.37
104.84
94.55
55.02
125.32
41.98
8.02
3.62
Property, Plant & Equipment (Net)
$79.19
75.74
90.13
136.47
175.17
348.79
521.33
687.97
817.27
1203.18
1350.74
1408.86
1384.51
1400.71
1378.03
26.93%-1.62%Goodwill & Intangibles
$145.01
85.36
574.89
528.26
503.27
501.65
546.12
579.66
560.36
11.68%-3.33%Other Assets
$25.06
24.39
92.82
138.78
163.16
177.51
173.63
179.31
1587.98
1591.28
1627.57
1718.73
1791.53
1692.46
1762.40
42.73%4.13%Assets (Non-current)
$270.52
287.47
330.84
426.62
443.17
620.85
749.98
867.28
2980.14
3448.03
3523.56
3637.26
3722.16
3676.44
3700.79
24.42%0.66%Assets (Total)
$756.31
832.15
988.00
1158.63
1396.15
1777.86
2052.46
2500.70
4829.68
5942.11
5947.95
6083.88
6214.60
6155.75
6102.82
19.19%-0.86%Accounts Payable
$93.80
98.06
111.13
142.12
162.93
230.97
298.94
407.21
547.71
771.20
582.24
638.90
706.88
613.84
671.56
18.33%9.40%Other Liabilities (Current)
$61.98
77.28
90.68
129.55
191.41
266.84
393.14
563.76
777.89
1152.87
1343.64
1427.71
1331.15
1409.20
1319.39
29.12%-6.37%Liabilities (Current)
$155.77
175.34
201.81
271.67
354.33
497.82
692.07
970.97
1325.60
1924.07
1925.89
2066.61
2038.03
2023.04
1990.95
23.90%-1.59%Other Liabilities
$19.22
22.84
33.41
39.03
46.43
129.67
107.49
183.56
270.22
395.33
420.70
386.78
324.59
372.85
317.63
26.56%-14.81%Liabilities (Non-current)
$19.22
22.84
33.41
39.03
46.43
129.67
107.49
183.56
270.22
395.33
420.70
386.78
324.59
372.85
317.63
26.56%-14.81%Liabilities (Total)
$175.00
198.18
235.23
310.71
400.76
627.49
799.57
1154.53
1595.82
2319.40
2346.59
2453.39
2362.61
2395.89
2308.58
24.22%-3.64%Retained Earnings
$-89.63
-95.91
-30.51
27.39
131.45
263.36
378.14
439.91
2215.80
2619.37
2566.69
2447.17
2483.77
2502.68
2389.25
-4.53%AOCI
$0.20
0.29
-0.14
-0.98
-0.94
0.57
-2.77
-0.69
43.50
4.33
-10.28
21.17
5.98
18.44
18.18
32.56%-1.42%Shareholder's Equity
$581.32
633.97
752.77
847.93
995.39
1150.37
1252.89
1346.17
3233.86
3622.71
3601.36
3630.49
3851.99
3759.86
3794.24
17.07%0.91%Liabilities & Equity
$756.31
832.15
988.00
1158.63
1396.15
1777.86
2052.46
2500.70
4829.68
5942.11
5947.95
6083.88
6214.60
6155.75
6102.82
19.19%-0.86%Net Income/Loss
$58.69
64.30
145.83
144.02
189.68
231.42
400.24
442.78
1775.89
772.02
361.57
445.05
421.36
105.03
93.23
17.85%-11.23%Depreciation & Amortization
$17.81
16.82
17.86
18.00
24.00
37.74
54.73
78.99
93.54
135.54
156.31
142.40
145.03
32.95
39.15
19.10%18.82%Increase/Decrease in Working Capital
$3.38
-13.16
-9.19
-20.83
16.61
-75.89
-18.69
-75.21
-129.69
-154.24
84.31
7.89
72.43
173.40
170.79
29.09%-1.50%Share-based Compensation
$21.48
26.44
39.82
52.94
54.15
58.85
70.76
88.18
98.43
114.34
133.37
154.03
173.70
38.79
45.00
19.03%16.01%Adjustments to Reconcile Net Income
$75.09
121.68
81.07
93.98
57.97
207.12
154.45
304.49
-1113.71
400.52
207.16
340.72
316.87
-76.36
-40.55
12.75%46.89%Net Cash (Operating)
$133.78
185.98
226.90
238.00
247.65
438.54
554.68
747.27
662.17
1172.54
568.73
785.78
738.23
28.66
52.68
15.30%83.77%Capital Expenditure
$38.33
27.06
24.09
53.45
117.32
217.41
228.31
149.71
575.70
409.10
304.20
177.72
192.66
86.44
25.29
14.40%-70.75%Net Cash (Investing)
$-78.30
-210.73
-201.63
-166.36
72.85
-248.31
6.93
-350.44
-231.51
-563.43
-213.32
-195.94
-254.91
-79.58
-25.29
68.22%Increase/Decrease in Equity
$-4.88
-60.91
-80.21
-90.47
-82.44
-89.33
-283.37
-382.09
20.31
-349.42
-408.89
-565.76
-327.60
14.34
-187.18
-1405.38%Net Cash (Financing)
$10.21
-38.17
-66.42
-100.79
-95.52
-135.50
-369.43
-485.54
-30.81
-458.33
-501.69
-598.34
-355.72
-11.72
-206.76
-1664.73%Effect of Exchange Rate
$0.03
-0.50
-1.93
-3.01
-3.42
5.51
-4.73
2.28
10.48
-12.12
-11.51
4.67
-21.15
-9.00
8.48
194.18%Increase/Decrease in Cash
$65.71
-63.43
-43.08
-32.16
221.56
60.24
187.44
-86.43
410.34
138.66
-157.78
-3.84
106.44
-71.64
-170.89
4.10%-138.54%Cash (Beginning)
$240.68
306.39
242.95
199.87
167.71
389.27
450.13
637.57
551.13
961.47
1100.14
942.36
938.52
938.52
1044.96
12.01%11.34%Cash (Ending)
$306.39
242.95
199.87
167.71
389.27
449.51
637.57
551.13
961.47
1100.14
942.36
938.52
1044.96
866.88
874.07
10.77%0.83%NOPAT
$59.59
65.04
148.29
145.98
196.38
227.44
408.85
434.17
1814.42
744.55
387.85
446.53
420.44
102.21
87.03
17.68%-14.85%Gross Margin %
74.35%
75.45%
75.95%
75.71%
75.50%
75.81%
73.31%
72.08%
71.33%
74.26%
70.52%
70.08%
70.00%
69.96%
69.45%
Operating Margin %
15.28%
14.27%
25.42%
22.31%
23.05%
24.00%
23.62%
22.42%
15.66%
24.70%
17.21%
16.66%
15.19%
15.45%
13.39%
NOPAT Margin %
10.64%
9.85%
19.47%
17.27%
18.19%
15.44%
20.70%
17.95%
73.40%
18.84%
10.39%
11.56%
10.51%
10.25%
8.89%
Net Margin %
10.48%
9.74%
19.15%
17.03%
17.57%
15.71%
20.26%
18.30%
71.84%
19.53%
9.68%
11.52%
10.54%
10.53%
9.52%
Tax Rate %
30.38%
30.97%
23.40%
22.61%
21.11%
35.68%
12.37%
19.97%
-368.64%
23.75%
39.64%
30.59%
30.81%
33.69%
33.62%
ROA
7.88%
7.82%
15.01%
12.60%
14.07%
12.79%
19.92%
17.36%
37.57%
12.53%
6.52%
7.34%
6.77%
1.66%
1.43%
ROE
10.25%
10.26%
19.70%
17.22%
19.73%
19.77%
32.63%
32.25%
56.11%
20.55%
10.77%
12.30%
10.91%
2.72%
2.29%
ROIC
19.55%
24.53%
84.61%
66.71%
58.23%
40.10%
51.72%
43.18%
114.01%
35.42%
16.17%
18.47%
17.47%
4.36%
3.90%
Asset Turnover
0.74
0.79
0.77
0.73
0.77
0.83
0.96
0.97
0.51
0.67
0.63
0.63
0.64
0.16
0.16
Inventory Turnover
9.50
11.61
11.50
10.55
9.75
11.25
9.32
5.92
5.09
4.42
3.25
3.89
4.72
1.07
1.21
Equity Multiplier
1.30
1.31
1.31
1.37
1.40
1.55
1.64
1.86
1.49
1.64
1.65
1.68
1.61
1.64
1.61
Current Ratio
3.12
3.11
3.26
2.69
2.69
2.32
1.88
1.68
1.40
1.30
1.26
1.18
1.22
1.23
1.21
Quick Ratio
2.80
2.76
2.90
2.52
2.51
2.10
1.70
1.46
1.22
1.08
0.97
0.91
1.00
0.91
0.97
Working Capital/Sales
0.14
0.16
0.11
0.10
0.15
0.15
0.14
0.13
0.08
0.09
0.15
0.13
0.12
0.36
0.30
R&D/Sales
0.08
0.07
0.07
0.07
0.07
0.07
0.07
0.07
0.07
0.06
0.08
0.09
0.09
0.09
0.10
Total Payout
$4.88
60.91
80.21
90.47
82.44
89.33
283.37
382.09
-20.31
349.42
408.89
565.76
327.60
-14.34
187.18
41.99%1405.38%Payout Ratio %
8.18%
93.66%
54.09%
61.97%
41.98%
39.28%
69.31%
88.00%
-1.12%
46.93%
105.42%
126.70%
77.92%
-14.03%
215.08%