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
+143.6%
Free cash flow
+8.26%

Quarter to September 2026, against a year earlier

164.90 5.53 +3.47%
Market cap
$11.3B
P/E
24.0×
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) Return on invested capital

Alert me on Return on invested capital

Align Technology, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 12.3%, up 0.7 percentage points from fiscal 2025 (11.6%). Over the past ten years it has ranged from 10.7% (fiscal 2020) to 71.0% (fiscal 2019); the current reading is higher than 18% of that period. That is above the Medical Instruments & Supplies industry median of 0.13% and above the Healthcare sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 11.6% (1.97)
FY2024 13.5% (1.61)
FY2023 15.1% (0.31)
FY2022 15.4% (9.45)
FY2021 24.9% 14.24
FY2020 10.7% (60.35)
FY2019 71.0% 14.66
FY2018 56.3% 5.27
FY2017 51.1% 7.26
FY2016 43.8% 7.04

Against its own ten years

Low 10.7% High 71.0%
Ten-year median 24.9%
Current reading's percentile 18

Return on invested capital against peers

Company Return on invested capital
ALGN Align Technology, Inc. 12.3%
ATR AptarGroup, Inc. compare 7.83%
AVTR Avantor, Inc. compare 3.36%
COO The Cooper Companies, Inc. compare 3.17%
BLCO Bausch + Lomb Corporation compare 2.16%
RGEN Repligen Corporation compare 0.64%
TFX Teleflex Incorporated compare 0.51%
SOLV Solventum Corporation compare 0.00%
BAX Baxter International Inc. compare −1.05%
Medical Instruments & Supplies industry median 0.13%
Healthcare sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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