Align Technology ALGN Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 67.6%+0.4pp | 67.2%-1.2pp | 68.4%-1.4pp | 69.8%-0.1pp | 69.9%-0.1pp | |
| Operating margin | 13.6%+0.1pp | 13.5%+0.1pp | 13.4%-1.7pp | 15.1%+0.5pp | 14.7%-0.5pp | |
| Net margin | 10.5%+0.3pp | 10.2%+0.7pp | 9.5%-1.5pp | 11%+0.7pp | 10.3%-0.2pp | |
| EBITDA margin | 19.8%+0.4pp | 19.4%+1.6pp | 17.8%-1.3pp | 19.1%+0.6pp | 18.5%-0.3pp | |
| Free cash flow margin | 14.3%+2.1pp | 12.2%-2.1pp | 14.2%-1.7pp | 15.9%+0.1pp | 15.8%+0.3pp | |
| Returns | ||||||
| Return on equity | 10.8%+0.4pp | 10.4%+0.8pp | 9.6%-1.8pp | 11.4%+0.6pp | 10.8%-0.4pp | |
| Return on assets | 6.9%+0.3pp | 6.6%+0.6pp | 6%-1.1pp | 7.1%+0.4pp | 6.7%-0.2pp | |
| Return on invested capital | 12.9%+0.1pp | 12.8%+0.7pp | 12.1%-1.5pp | 13.5%+0.2pp | 13.4%-1.3pp | |
| Efficiency | ||||||
| Asset turnover | 0.7×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | |
| Inventory turnover | 5.8×+0.2× | 5.5×+0.3× | 5.2×+0.5× | 4.8×+0.2× | 4.6×+0.2× | |
| Liquidity | ||||||
| Current ratio | 1.4×0.0× | 1.4×+0.1× | 1.3×+0.1× | 1.2×0.0× | 1.2×0.0× | |
| Quick ratio | 1.3×0.0× | 1.2×+0.1× | 1.2×+0.1× | 1.1×0.0× | 1.1×0.0× | |
| Cash ratio | 0.6×0.0× | 0.6×+0.1× | 0.5×+0.1× | 0.5×0.0× | 0.4×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | -1.2×+0.1× | -1.3×0.0× | -1.2×-0.2× | -1×0.0× | -1×+0.2× | |
| Per Share | ||||||
| Book value per share | $57.94+3.9% | $55.78+2.1% | $54.65+1.4% | $53.90+4.6% | $51.54+0.3% | |
| Valuation | ||||||
| Market capitalization | $12.22B+9.1% | $11.2B+23.4% | $9.08B-32.9% | $13.52B+15.7% | $11.69B-24.9% | |
| Enterprise value | $11.27B+10.3% | $10.22B+24.8% | $8.19B-35.7% | $12.74B+16.5% | $10.94B-25.3% | |
| Price / earnings | 28.4×+1.1× | 27.3×+3.3× | 24×-6.9× | 30.9×+2.4× | 28.5×-8.4× | |
| Price / sales | 3×+0.2× | 2.8×+0.5× | 2.3×-1.1× | 3.4×+0.5× | 2.9×-1.0× | |
| Price / book | 2.9×+0.2× | 2.8×+0.5× | 2.3×-1.2× | 3.5×+0.4× | 3.1×-1.0× | |
| EV / EBITDA | 13.9×+0.8× | 13.1×+1.5× | 11.6×-5.3× | 16.9×+2.0× | 14.9×-4.6× | |
| EV / sales | 2.8×+0.2× | 2.5×+0.5× | 2.1×-1.2× | 3.2×+0.5× | 2.7×-0.9× | |
| Free cash flow yield | 4.8%+0.4pp | 4.4%-1.9pp | 6.2%+1.6pp | 4.7%-0.7pp | 5.4%+1.4pp | |
| Earnings yield | 3.5%-0.1pp | 3.7%-0.5pp | 4.2%+0.9pp | 3.2%-0.3pp | 3.5%+0.8pp | |
| PEG ratio | 5.7×— | —— | —— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Align Technology's profit margins?
- Align Technology (ALGN) runs a 67.6% gross margin and a 13.6% operating margin, with a 10.5% net margin.
- Where do Align Technology's ratios come from?
- Every ratio is computed from Align Technology's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
