Align Financial Statements From 2010 to 2024

ALGN Stock  USD 327.90  7.96  2.49%   
Align Technology financial statements provide useful quarterly and yearly information to potential Align Technology investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Align Technology financial statements helps investors assess Align Technology's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Align Technology's valuation are summarized below:
Gross Profit
2.6 B
Profit Margin
0.1152
Market Capitalization
24 B
Enterprise Value Revenue
6.0037
Revenue
3.9 B
We have found one hundred twenty available fundamental signals for Align Technology, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Align Technology's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road.
Check Align Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Align main balance sheet or income statement drivers, such as Interest Expense of 2 M, Selling General Administrative of 1.8 B or Total Revenue of 4.1 B, as well as many exotic indicators such as Short Term Coverage Ratios of 27.83, Price Earnings Ratio of 28.5 or Price To Sales Ratio of 5.15. Align financial statements analysis is a perfect complement when working with Align Technology Valuation or Volatility modules.
  
This module can also supplement Align Technology's financial leverage analysis and stock options assessment as well as various Align Technology Technical models . Check out the analysis of Align Technology Correlation against competitors.
To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.

Align Technology Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets6.4 B6.1 B2.8 B
Slightly volatile
Short and Long Term Debt Total101.8 M97 M58.9 M
Slightly volatile
Other Current Liabilities520.9 M496.1 M236.2 M
Slightly volatile
Total Current Liabilities2.2 B2.1 B859.1 M
Slightly volatile
Property Plant And Equipment Net1.5 B1.4 B562.1 M
Slightly volatile
Current Deferred Revenue1.5 B1.4 B535.6 M
Slightly volatile
Accounts Payable118.8 M113.1 M68 M
Slightly volatile
Cash984.3 M937.4 M541 M
Slightly volatile
Non Current Assets Total3.8 B3.6 B1.4 B
Slightly volatile
Cash And Short Term InvestmentsB972.7 M669.2 M
Slightly volatile
Net Receivables948.6 M903.4 M427.9 M
Slightly volatile
Common Stock Total Equity7.4 K9.2 K7.6 K
Slightly volatile
Common Stock Shares Outstanding74.1 M76.6 M75.1 M
Slightly volatile
Liabilities And Stockholders Equity6.4 B6.1 B2.8 B
Slightly volatile
Non Current Liabilities Total406.1 M386.8 M166.7 M
Slightly volatile
Inventory311.7 M296.9 M107.8 M
Slightly volatile
Other Current Assets287.2 M273.6 M95.1 M
Slightly volatile
Other Stockholder Equity674.1 M1.2 B800.2 M
Slightly volatile
Total Liabilities2.6 B2.5 BB
Slightly volatile
Property Plant And Equipment Gross2.1 BB633.6 M
Slightly volatile
Total Current Assets2.6 B2.4 B1.3 B
Slightly volatile
Short Term Debt17.5 M29.7 M18.4 M
Very volatile
Common Stock7.4 KK7.4 K
Slightly volatile
Non Currrent Assets Other135.1 M128.7 M37.1 M
Slightly volatile
Other AssetsB1.9 B615.1 M
Slightly volatile
Property Plant Equipment1.6 B1.6 B573.8 M
Slightly volatile
Other Liabilities386.8 M368.4 M141.5 M
Slightly volatile
Good Will440.5 M419.5 M186.9 M
Slightly volatile
Intangible Assets86.2 M82.1 M49.2 M
Slightly volatile
Net Tangible Assets3.7 B3.6 B1.6 B
Slightly volatile
Capital Surpluse898.1 M1.1 B856.9 M
Slightly volatile
Non Current Liabilities Other102.5 M173.1 M86.6 M
Slightly volatile
Deferred Long Term Asset Charges52.9 M73.6 M53.7 M
Slightly volatile
Net Invested Capital2.8 B3.6 B1.9 B
Slightly volatile
Net Working Capital446.2 M380 M597.7 M
Slightly volatile
Capital Stock6.3 KK7.8 K
Slightly volatile
Capital Lease Obligations99.7 M126.6 M72.4 M
Slightly volatile

Align Technology Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative1.8 B1.7 B791 M
Slightly volatile
Total Revenue4.1 B3.9 B1.9 B
Slightly volatile
Other Operating Expenses3.4 B3.2 B1.5 B
Slightly volatile
Research Development364.2 M346.8 M142.9 M
Slightly volatile
Cost Of Revenue1.2 B1.2 B520.8 M
Slightly volatile
Total Operating Expenses2.2 B2.1 B987.3 M
Slightly volatile
Selling And Marketing Expenses122.4 M137 M129.9 M
Very volatile
Net Income Applicable To Common Shares314 M415.8 M359.5 M
Slightly volatile
Net Income From Continuing Ops400.5 M362.8 M366.6 M
Slightly volatile
Interest Income8.3 M15 M5.9 M
Slightly volatile
Reconciled Depreciation100.9 M142.4 M67.1 M
Slightly volatile

Align Technology Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow989.5 M942.4 M498.4 M
Slightly volatile
Depreciation149.5 M142.4 M60.3 M
Slightly volatile
Capital Expenditures186.6 M177.7 M134.6 M
Slightly volatile
End Period Cash Flow985.4 M938.5 M541.3 M
Slightly volatile
Change To Liabilities148.6 M236.2 M158.5 M
Slightly volatile
Stock Based Compensation161.7 M154 M74.4 M
Slightly volatile
Issuance Of Capital Stock24.4 M26.6 M19.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.155.421918.8144
Slightly volatile
Dividend Yield0.140.130.1383
Slightly volatile
Operating Cycle137180146
Very volatile
Days Of Payables Outstanding60.536.107771.136
Slightly volatile
Inventory Turnover3.663.85167.8038
Slightly volatile
Ebt Per Ebit0.820.97551.0258
Very volatile
Payables Turnover11.1510.10877.2524
Slightly volatile
Cash Per Share13.3612.72798.6721
Slightly volatile
Quick Ratio0.860.90781.9531
Slightly volatile
Net Income Per E B T0.920.69411.0292
Pretty Stable
Cash Ratio0.430.45360.9684
Slightly volatile
Cash Conversion Cycle15114480.1549
Slightly volatile
Days Of Inventory Outstanding99.594.766358.1979
Slightly volatile
Days Of Sales Outstanding95.8885.377492.0023
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.950.77380.7705
Slightly volatile
Current Ratio1.121.18392.2145
Slightly volatile
Fixed Asset Turnover2.62.74144.7683
Slightly volatile
Debt Ratio0.03270.02080.0204
Very volatile
Price Sales Ratio5.155.421918.8144
Slightly volatile
Receivables Turnover3.924.27514.515
Pretty Stable
Asset Turnover0.90.63480.7107
Slightly volatile
Return On Equity0.0880.12260.2406
Pretty Stable

Align Fundamental Market Drivers

Forward Price Earnings37.037
Cash And Short Term Investments972.7 M

Align Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Align Technology Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Align Technology income statement, its balance sheet, and the statement of cash flows. Align Technology investors use historical funamental indicators, such as Align Technology's revenue or net income, to determine how well the company is positioned to perform in the future. Although Align Technology investors may use each financial statement separately, they are all related. The changes in Align Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Align Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Align Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Align Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue1.4 B1.5 B
Total Revenue3.9 B4.1 B
Cost Of Revenue1.2 B1.2 B
Ebit Per Revenue 0.17  0.18 

Align Technology Investors Sentiment

The influence of Align Technology's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Align. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Align Technology's public news can be used to forecast risks associated with an investment in Align. The trend in average sentiment can be used to explain how an investor holding Align can time the market purely based on public headlines and social activities around Align Technology. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Align Technology's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Align Technology's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Align Technology's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Align Technology.

Align Technology Implied Volatility

    
  81.76  
Align Technology's implied volatility exposes the market's sentiment of Align Technology stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Align Technology's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Align Technology stock will not fluctuate a lot when Align Technology's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Align Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Align Technology's short interest history, or implied volatility extrapolated from Align Technology options trading.

Pair Trading with Align Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Align Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Align Technology will appreciate offsetting losses from the drop in the long position's value.

Moving against Align Stock

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The ability to find closely correlated positions to Align Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Align Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Align Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Align Technology to buy it.
The correlation of Align Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Align Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Align Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Align Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Align Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Align Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Align Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Align Technology Stock:
Check out the analysis of Align Technology Correlation against competitors.
To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.
Note that the Align Technology information on this page should be used as a complementary analysis to other Align Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Align Technology's price analysis, check to measure Align Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Align Technology is operating at the current time. Most of Align Technology's value examination focuses on studying past and present price action to predict the probability of Align Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Align Technology's price. Additionally, you may evaluate how the addition of Align Technology to your portfolios can decrease your overall portfolio volatility.
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Is Align Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Align Technology. If investors know Align will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Align Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.06
Earnings Share
5.82
Revenue Per Share
50.536
Quarterly Revenue Growth
0.061
Return On Assets
0.0682
The market value of Align Technology is measured differently than its book value, which is the value of Align that is recorded on the company's balance sheet. Investors also form their own opinion of Align Technology's value that differs from its market value or its book value, called intrinsic value, which is Align Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Align Technology's market value can be influenced by many factors that don't directly affect Align Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Align Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Align Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Align Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.