Align Technology Inc

Align Technology Inc

ALGN · NASDAQ · Healthcare / Medical Instruments & Supplies

168.32USD+1.35 (+0.81%)

Price History

Full chart

Market Stats

Previous Close166.97
Open168.13
Day Range166.04 – 171.29
52-Week Range123.02 – 200.44
Volume665.70K
Market Cap10.43B
P/E (TTM)25.44
Forward P/E11.67
EPS5.77
Dividend Yield0.00%
Beta1.64
50-Day Avg163.73
200-Day Avg170.83

About

Align Technology, Inc. provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally. The company's Clear Aligner segment offers Invisalign comprehensive package to treat adults and teens malocclusion and features, and orthodontic needs of teenage or younger patients; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients between the ages of six and ten years with a mixture of primary/baby and permanent teeth. This segment also provides Invisalign express, Invisalign lite, and Invisalign moderate; Invisalign Go, Invisalign Go express, and Invisalign Go Plus; retention products, Invisalign training, adjusting tools used by dental professionals during treatment, ancillary Invisalign accessory products, and other oral health products; Invisalign Professional Whitening system; Invisalign Palatal Expander, a 3D printed orthodontic device; and 3D printing solutions. Its Imaging Systems and CAD/CAM Services segment offers iTero intraoral scanning system, a single hardware platform for restorative or orthodontic procedures; exocad, a computer-aided design and computer-aided manufacturing software; orthodontist software for digital records storage, orthodontic diagnosis, and fabrication of printed models and retainers; and restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons. This segment also offers Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; Align Oral Health Suite, a digital interface for dental consultations; iTero TimeLapse technology for doctors or practitioners to compare a patient's historic 3D scans to the present-day scan; and subscription software, disposables, rents scanners, and pay per scan services. Align Technology, Inc. was incorporated in 1997 and is headquartered in Tempe, Arizona.

Company Details

  • SectorHealthcare
  • IndustryMedical Instruments & Supplies
  • CEOMr. Joseph M. Hogan
  • Employees20.43K
  • Headquarters410 North Scottsdale Road, Tempe, AZ, United States, 85288, USA
  • Websitehttps://www.aligntech.com

Leadership

  • Mr. Joseph M. HoganPresident, CEO & Director · b. 1957
  • Mr. John F. MoriciCFO & Executive VP of Global Finance · b. 1967
  • Mr. Zelko RelicExecutive VP & CTO · b. 1965
  • Ms. Shirley StacyVice President of Corporate Communications & Investor Relations
  • Richardson Jaime HolteExecutive Vice President of Global Human Resources
  • Ms. Sreelakshmi KolliExecutive VP and Chief Product & Digital Officer · b. 1975
  • Mr. Srini KazaExecutive Vice President of Research & Development
  • Dr. Mitra DerakhshanExecutive VP, Chief Clinical Officer, Global Treatment Planning & Clinical Services
  • Mr. David CarrExecutive VP and MD of EMEA
  • Mr. Frank QuinnExecutive VP & MD of Americas Region

Financials

Income Statement

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue411.00K6.74M46.38M44.81M122.72M172.83M207.13M206.35M284.33M303.98M312.33M387.13M479.74M560.04M660.21M761.65M845.49M1.08B1.47B1.97B2.41B2.47B3.95B3.73B3.86B4.00B4.03B
Growth (%)-+1540.15%+588.09%-3.40%+173.89%+40.83%+19.84%-0.37%+37.79%+6.91%+2.75%+23.95%+23.92%+16.74%+17.89%+15.37%+11.01%+27.72%+36.44%+33.47%+22.39%+2.71%+59.90%-5.51%+3.42%+3.54%+0.90%
Cost of Revenue1.75M20.25M46.83M46.83M51.56M57.53M63.78M64.78M75.03M78.85M78.84M83.71M118.46M143.65M162.10M183.21M205.38M264.58M356.47M518.63M662.90M708.71M1.02B1.10B1.16B1.20B1.28B
Gross Profit-1.34M-13.51M-447.00K-2.02M71.16M115.30M143.34M141.58M209.30M225.13M233.49M303.42M361.28M416.39M498.11M578.44M640.11M815.29M1.12B1.45B1.74B1.76B2.94B2.63B2.71B2.80B2.76B
Gross Margin-326.76%-200.42%-0.96%-4.51%57.98%66.72%69.21%68.61%73.61%74.06%74.76%78.38%75.31%74.35%75.45%75.95%75.71%75.50%75.81%73.63%72.46%71.33%74.26%70.52%70.08%70.00%68.33%
Operating Expense13.36M67.61M98.40M98.75M91.10M105.54M140.90M179.12M175.44M209.61M267.50M200.68M270.92M330.80M403.89M384.87M451.48M566.37M763.34M981.30M1.20B1.38B1.96B1.99B2.06B2.19B2.14B
Operating Income-14.71M-81.11M-98.84M-100.77M-19.94M9.77M2.45M-37.54M33.85M15.51M-34.01M102.73M90.36M85.59M94.21M193.58M188.63M248.92M353.61M466.56M542.49M387.17M976.40M642.60M643.34M607.63M616.22M
Operating Margin-3577.86%-1203.31%-213.10%-224.89%-16.25%5.65%1.18%-18.19%11.91%5.10%-10.89%26.54%18.84%15.28%14.27%25.42%22.31%23.05%24.00%23.73%22.54%15.66%24.70%17.21%16.66%15.19%15.27%
EBITDA-14.15M-78.60M-67.54M-70.97M1.99M24.49M12.90M-27.27M47.24M29.89M-20.80M121.47M107.84M139.99M178.05M211.43M206.64M272.92M391.35M521.29M593.47M480.71M1.09B779.84M643.34M816.80M765.87M
EBITDA Margin-3441.85%-1166.03%-145.61%-158.38%1.62%14.17%6.23%-13.21%16.61%9.83%-6.66%31.38%22.48%25.00%26.97%27.76%24.44%25.27%26.56%26.51%24.66%19.45%27.45%20.88%16.66%20.42%18.98%
Net Income-15.41M-88.75M-97.47M-99.05M-20.12M8.77M1.41M-34.96M35.72M79.99M-31.27M74.25M66.72M58.69M64.30M145.83M144.02M189.68M231.42M400.24M442.78M1.78B772.02M361.57M445.05M421.36M410.35M
Net Income Margin-3750.61%-1316.54%-210.15%-221.05%-16.40%5.07%0.68%-16.94%12.56%26.31%-10.01%19.18%13.91%10.48%9.74%19.15%17.03%17.57%15.71%20.35%18.40%71.84%19.53%9.68%11.52%10.54%10.17%
R&D4.20M9.17M14.68M15.64M13.11M15.76M18.59M18.47M25.73M26.16M22.25M26.00M37.15M42.87M44.08M52.80M61.24M75.72M97.56M128.90M157.36M175.31M250.31M305.26M346.83M364.20M369.91M
R&D as % of Total Revenue1021.90%136.02%31.66%34.91%10.68%9.12%8.97%8.95%9.05%8.61%7.12%6.72%7.74%7.65%6.68%6.93%7.24%7.01%6.62%6.55%6.54%7.09%6.33%8.17%8.98%9.11%9.17%
Interest Expense000162.00K364.00K271.00K110.00K296.00K342.00K24.00K85.00K19.00K51.00K2.05M1.07M3.21M2.53M6.36M11.19M0147.64M8.22M36.02M5.37M2.13M--
Interest Expense % of Total Revenue0.00%0.00%0.00%0.36%0.30%0.16%0.05%0.14%0.12%0.01%0.03%0.00%0.01%0.37%0.16%0.42%0.30%0.59%0.76%0.00%6.13%0.33%0.91%0.14%0.06%--

Balance Sheet

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets17.09M70.56M118.22M92.86M102.20M130.71M142.11M151.56M222.76M279.34M355.24M476.94M649.26M756.31M832.15M988.00M1.16B1.40B1.78B2.05B2.50B4.83B5.94B5.95B6.08B6.21B6.23B
Total Liabilities36.51M155.24M18.82M22.24M39.23M44.97M48.67M68.00M61.61M60.80M82.20M99.20M158.48M175.00M198.18M235.23M310.71M400.76M627.49M799.57M1.15B1.60B2.32B2.35B2.45B2.36B2.18B
Total Equity-19.41M-84.67M99.40M70.62M62.98M85.74M93.44M83.56M161.15M218.54M273.04M377.75M490.78M581.32M633.97M752.77M847.93M995.39M1.15B1.25B1.35B3.23B3.62B3.60B3.63B3.85B4.05B
Cash6.83M2.83M50.55M35.55M44.94M69.66M74.22M55.11M89.12M87.10M166.49M294.66M240.68M306.39M242.95M199.87M167.71M389.27M449.51M636.90M550.42M960.84M1.10B942.05M937.44M1.04B1.08B
Total Debt9.00K1.90M1.46M6.02M3.84M1.87M-11.50M------------59.20M86.18M125.38M126.91M126.62M119.28M114.45M
Net Debt-6.82M-928.00K-49.09M-29.53M-41.10M-67.78M-74.22M-43.61M-89.12M-87.10M-166.49M-294.66M-240.68M-306.39M-242.95M-199.87M-167.71M-389.27M-449.51M-636.90M-491.23M-874.66M-974.00M-815.14M-810.82M-924.61M-964.54M

Cash Flow

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-11.63M-58.80M-77.86M-40.40M12.12M24.56M16.09M-14.03M52.78M39.75M74.17M129.53M130.47M133.78M185.98M226.90M238.00M247.65M438.54M554.68M747.27M662.17M1.17B568.73M785.78M738.23M593.22M
Investing Cash Flow-3.60M-41.63M-1.96M1.51M-4.33M-5.98M-15.26M-32.75M-36.78M-1.05M-1.56M-15.92M-211.61M-78.30M-210.73M-201.63M-166.36M72.85M-248.31M6.93M-350.44M-231.51M-563.43M-213.32M-195.94M-254.91M-112.44M
Financing Cash Flow19.60M96.43M127.54M23.89M1.60M6.14M3.74M27.68M17.51M-40.35M6.84M14.71M27.24M10.21M-38.17M-66.42M-100.79M-95.52M-135.50M-369.43M-485.54M-30.81M-458.33M-501.69M-598.34M-355.72M-464.58M
Capital Expenditure2.46M13.57M19.18M8.11M7.58M9.06M13.80M24.03M7.43M14.33M7.19M18.03M30.40M38.33M19.41M24.09M53.45M70.58M195.69M223.31M149.71M154.92M401.10M291.90M177.72M115.58M102.44M
Free Cash Flow-14.10M-72.37M-97.03M-48.51M4.54M15.50M2.29M-38.06M45.35M25.41M66.97M111.50M100.06M95.44M166.56M202.81M184.55M177.08M242.84M331.37M597.56M507.26M771.45M276.83M608.06M622.65M490.78M
Dividends Paid750.00K14.00M---------00000000--------
FCF to OCF121.17%123.08%124.63%120.08%37.43%63.11%14.22%271.26%85.92%63.94%90.30%86.08%76.70%71.35%89.56%89.38%77.54%71.50%55.38%59.74%79.97%76.60%65.79%48.68%77.38%84.34%82.73%
Dividend Paid to FCF-5.32%-19.34%---------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--------

Earnings

Report DateApr 26, 2001Jul 25, 2001Oct 22, 2001Feb 12, 2002Apr 24, 2002Jul 24, 2002Oct 24, 2002Feb 13, 2003Apr 24, 2003Jul 24, 2003Oct 23, 2003Jan 29, 2004Apr 22, 2004Jul 22, 2004Oct 21, 2004Jan 26, 2005Apr 20, 2005Jul 20, 2005Oct 26, 2005Jan 25, 2006Apr 26, 2006Jul 26, 2006Oct 25, 2006Jan 30, 2007Apr 26, 2007Jul 25, 2007Oct 24, 2007Jan 29, 2008Apr 29, 2008Jul 29, 2008Oct 28, 2008Jan 28, 2009Apr 23, 2009Jul 23, 2009Oct 22, 2009Jan 27, 2010Apr 22, 2010Jul 22, 2010Oct 21, 2010Jan 26, 2011Apr 20, 2011Aug 1, 2011Oct 27, 2011Jan 30, 2012Apr 23, 2012Jul 19, 2012Oct 17, 2012Jan 30, 2013Apr 18, 2013Jul 18, 2013Oct 17, 2013Jan 30, 2014Apr 23, 2014Jul 24, 2014Oct 23, 2014Jan 29, 2015Apr 23, 2015Jul 23, 2015Oct 22, 2015Jan 28, 2016Apr 28, 2016Jul 28, 2016Nov 7, 2016Jan 31, 2017Apr 27, 2017Jul 27, 2017Oct 26, 2017Jan 30, 2018Apr 25, 2018Jul 25, 2018Oct 24, 2018Jan 29, 2019Apr 24, 2019Jul 24, 2019Oct 23, 2019Jan 29, 2020Apr 29, 2020Jul 22, 2020Oct 21, 2020Feb 3, 2021Apr 28, 2021Jul 28, 2021Oct 27, 2021Feb 2, 2022Apr 27, 2022Jul 27, 2022Oct 26, 2022Feb 1, 2023Apr 26, 2023Jul 26, 2023Oct 25, 2023Jan 31, 2024Apr 24, 2024Jul 24, 2024Oct 23, 2024Feb 5, 2025Apr 30, 2025Jul 30, 2025Oct 29, 2025Feb 4, 2026Apr 29, 2026Jul 29, 2026Nov 4, 2026
EPS Estimate-0.66-0.53-0.43-0.44-0.35-0.51-0.28-0.19-0.12-0.30-0.020.040.040.060.070.03-0.02-0.12-0.03-0.12-0.10-0.12-0.15-0.010.110.090.090.030.050.050.02-0.020.010.050.090.130.140.180.170.170.200.190.220.210.280.290.220.230.280.300.430.350.390.430.490.310.370.340.550.410.480.510.660.670.730.810.960.971.091.191.150.831.391.141.400.88-0.050.732.142.012.532.592.732.232.232.171.531.692.042.262.181.982.302.312.451.992.572.412.972.292.082.34
EPS Actual-0.73-0.35-0.38-0.33-0.28-0.35-0.22-0.13-0.07-0.310.020.090.040.090.070.030.030.01-0.020.01-0.08-0.04-0.16-0.050.070.190.130.080.070.060.110.070.050.070.130.160.200.210.250.140.210.200.270.280.270.340.280.270.260.360.420.510.390.430.470.480.380.390.340.600.500.620.630.590.850.851.011.191.171.301.241.201.171.331.221.530.73-0.352.252.612.493.042.872.832.132.001.361.731.822.222.142.422.142.412.352.442.132.492.613.292.582.05-
Surprise-10.61%33.96%11.63%25.00%20.00%31.37%21.43%31.58%41.67%-3.33%200.00%125.00%0.00%50.00%0.00%0.00%--50.00%83.33%133.33%33.33%60.00%-33.33%66.67%800.00%72.73%44.44%-11.11%133.33%20.00%120.00%250.00%350.00%600.00%160.00%77.78%53.85%50.00%38.89%-17.65%23.53%0.00%42.11%27.27%28.57%21.43%-3.45%22.73%13.04%28.57%40.00%18.60%11.43%10.26%9.30%-2.04%22.58%5.41%0.00%9.09%21.95%29.17%23.53%-10.61%26.87%16.44%24.69%23.96%20.62%19.27%4.20%4.35%40.96%-4.32%7.02%9.29%-17.05%-600.00%208.22%21.96%23.88%20.16%10.81%3.66%-4.48%-10.31%-37.33%13.07%7.69%8.82%-5.31%11.01%8.08%4.78%1.73%-0.41%7.07%-3.11%8.30%10.77%12.66%-1.44%-
Timing----After-hoursPre-marketPre-market-After-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap10.43B
Enterprise Value9.54B
Trailing P/E25.44
Forward P/E11.67
PEG Ratio0.62
Price / Sales2.52
Price / Book2.49
EPS5.77
Book Value59.41
Revenue (TTM)4.14B
Gross Profit (TTM)2.93B
EBITDA925.66M
Profit Margin9.99%
Operating Margin18.25%
Return on Equity10.16%
Return on Assets7.56%
Shares Outstanding71.04M
Shares Float66.84M
Beta1.64
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 18 analystsTarget 208.60
  • Strong Buy
    8
  • Buy
    3
  • Hold
    6
  • Sell
    1

Ownership Breakdown

Institutions
105.16%
Insiders
6.13%
Retail / Other
0.00%

Top Institutional Holders

  • Vanguard Capital Management, LLC
    4.39M6.18%
  • BlackRock Inc
    4.29M6.04%
  • Capital Research & Mgmt Co - Division 3
    4.05M5.69%
  • Capital World Investors
    3.42M4.82%
  • Vanguard Portfolio Management, LLC
    3.15M4.44%
  • FMR Inc
    2.70M3.80%
  • State Street Corp
    2.52M3.54%
  • Ninety One UK Limited
    2.21M3.11%
  • Kayne Anderson Rudnick Investment Management LLC
    1.90M2.68%
  • The Goldman Sachs Group Inc
    1.80M2.53%
  • Geode Capital Management, LLC
    1.79M2.52%
  • Dimensional Fund Advisors, Inc.
    1.44M2.03%
  • UBS Group AG
    1.41M1.98%
  • Amvescap Plc.
    1.31M1.85%

Top Fund Holders

  • Fidelity Contrafund
    2.50M3.52%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.16M3.04%
  • American Funds New Perspective A
    1.95M2.75%
  • Vanguard 500 Index Investor
    1.77M2.49%
  • Vanguard Small Cap Index
    1.57M2.20%
  • American Funds Fundamental Invs A
    1.29M1.81%