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Align Technology ALGN Consolidation — Operating Income

Discontinued — last reported Q4 '17

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Other financials

Income statement

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Revenue$1.0B+6.2%
Gross profit$736.6M+8.3%
Operating income$142.0M+8.3%
Net income$112.8M+21.0%
EPS (diluted)$1.57+23.6%

Balance sheet

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Cash & equivalents$1.1B+21.4%
Total debt$116.0M-2.1%
Total equity$4.1B+9.4%
Total assets$6.3B+3.5%

Cash flow

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Operating cash flow$151.0M+187%
CapEx$30.8M+21.7%
Free cash flow$120.3M+339%

Valuation

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Market cap$13.04B+4.5%
Enterprise value$12.1B+3.1%
P/E30.3×-0.1×
P/S3.2×0.0×

Profitability

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Gross margin67.6%-2.3pp
Operating margin13.6%-1.1pp
Net margin10.5%+0.2pp
FCF margin14.3%-1.6pp

Returns & leverage

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Return on equity10.8%0.0pp
Debt / equity0.0×
Current ratio1.4×+0.2×

Where this comes from

Reported directly by Align Technology in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Align Technology’s 10-K, filed February 28, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation — operating income mean?
The profit or loss earned by a specific business unit after accounting for its direct operating costs.
How do you interpret consolidation — operating income?
An increase in operating income indicates improved segment profitability through higher margins or cost control, while a decrease suggests margin compression or rising operational expenses. Consistent losses may signal a need for strategic restructuring or divestiture of the segment.
How does consolidation — operating income compare across companies?
Peers in the medical device and healthcare technology sectors report similar segment-level profitability to demonstrate the scalability of their core product offerings versus secondary business lines.