Align Technology, Inc.

ALGN Healthcare Medical Instruments & Supplies

Align Technology, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, up 0.90% from fiscal 2024.

Revenue
+1.92%
EPS
+143.9%
Free cash flow
+8.26%

Quarter to September 2026, against a year earlier

158.87 6.03 −3.66%
Market cap
$11.3B
P/E
23.1×
Fwd P/E
20.4×
Dividend yield
—
F-score
6/9
Altman Z
4.73
Beneish M
−2.52
Dividend safety
n/a

Align Technology, Inc. (ALGN) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Align Technology, Inc. (ALGN) trades at a price to free cash flow of 16.8×. Over the past ten years it has ranged from 14.3× (September 2025) to 132× (October 2018); the current reading is higher than 3% of that period. That is below the Medical Instruments & Supplies industry median of 23.5× and below the Healthcare sector median of 21.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 23.1× (7.95%)
FY2024 25.1× (25.82%)
FY2023 33.8× (43.63%)
FY2022 60.0× (10.81%)
FY2021 67.2× (18.97%)
FY2020 83.0× 123.71%
FY2019 37.1× (26.71%)
FY2018 50.6× (31.69%)
FY2017 74.1× 69.41%
FY2016 43.7× 53.18%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 15.4× (13.68%)
Jun 2026 17.8× (14.92%)
Mar 2026 21.0× (9.11%)
Dec 2025 23.1× 44.30%
43 more quarters

Against its own ten years

Low 14.3× High 132×
Ten-year median 43.3×
Current reading's percentile 3

Price to free cash flow against peers

Company Price to free cash flow
SOLV Solventum Corporation compare n/m
BAX Baxter International Inc. compare 11.6×
ALGN Align Technology, Inc. 16.8×
COO The Cooper Companies, Inc. compare 18.1×
AVTR Avantor, Inc. compare 23.3×
ATR AptarGroup, Inc. compare 31.0×
BLCO Bausch + Lomb Corporation compare 31.4×
TFX Teleflex Incorporated compare 125×
RGEN Repligen Corporation compare 170×
Medical Instruments & Supplies industry median 23.5×
Healthcare sector median 21.1×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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