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Align Technology ALGN Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin67.6%-2.3pp67.2%-2.8pp68.4%-1.6pp69.8%0.0pp69.9%-0.2pp
Operating margin13.6%-1.1pp13.5%-1.7pp13.4%-2.6pp15.1%-1.1pp14.7%-2.3pp
Net margin10.5%+0.2pp10.2%-0.4pp9.5%-1.6pp11%-0.3pp10.3%-1.5pp
EBITDA margin19.8%+1.3pp19.4%+0.6pp17.8%-1.8pp19.1%-0.7pp18.5%-2.0pp
Free cash flow margin14.3%-1.6pp12.2%-3.4pp14.2%+4.8pp15.9%+5.7pp15.8%+3.3pp
Returns
Return on equity10.8%0.0pp10.4%-0.9pp9.6%-1.8pp11.4%-0.7pp10.8%-1.9pp
Return on assets6.9%+0.2pp6.6%-0.3pp6%-1.0pp7.1%-0.2pp6.7%-1.0pp
Return on invested capital12.9%-0.5pp12.8%-1.9pp12.1%-3.2pp13.5%-1.6pp13.4%-2.6pp
Efficiency
Asset turnover0.7×0.0×0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×
Inventory turnover5.8×+1.2×5.5×+1.2×5.2×+0.9×4.8×+0.6×4.6×+0.6×
Liquidity
Current ratio1.4×+0.2×1.4×+0.1×1.3×0.0×1.2×0.0×1.2×0.0×
Quick ratio1.3×+0.2×1.2×+0.1×1.2×0.0×1.1×0.0×1.1×0.0×
Cash ratio0.6×+0.1×0.6×+0.1×0.5×0.0×0.5×+0.1×0.4×0.0×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×0.0×
Net debt / EBITDA-1.2×-0.1×-1.3×0.0×-1.2×-0.1×-1×-0.2×-1×-0.1×
Per Share
Book value per share$57.94+12.4%$55.78+8.6%$54.65+3.6%$53.90+7.9%$51.54+3.3%
Valuation
Market capitalization$12.22B+4.5%$11.2B-28.0%$9.08B-52.2%$13.52B-25.6%$11.69B-52.5%
Enterprise value$11.27B+3.1%$10.22B-30.2%$8.19B-54.7%$12.74B-27.3%$10.94B-54.2%
Price / earnings28.4×-0.1×27.3×-9.6×24×-19.0×30.9×-9.8×28.5×-24.7×
Price / sales0.0×2.8×-1.1×2.3×-2.5×3.4×-1.2×2.9×-3.4×
Price / book2.9×-0.1×2.8×-1.3×2.3×-2.5×3.5×-1.4×3.1×-3.5×
EV / EBITDA13.9×-1.0×13.1×-6.4×11.6×-11.7×16.9×-5.7×14.9×-14.9×
EV / sales2.8×0.0×2.5×-1.1×2.1×-2.5×3.2×-1.2×2.7×-3.4×
Free cash flow yield4.8%-0.6pp4.4%+0.4pp6.2%+4.3pp4.7%+2.4pp5.4%+3.4pp
Earnings yield3.5%0.0pp3.7%+1.0pp4.2%+1.8pp3.2%+0.8pp3.5%+1.6pp
PEG ratio5.7×

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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.