Align Historical Income Statement

ALGN Stock  USD 327.90  7.96  2.49%   
Historical analysis of Align Technology income statement accounts such as Selling General Administrative of 1.8 B, Total Revenue of 4.1 B or Gross Profit of 2.8 B can show how well Align Technology performed in making a profits. Evaluating Align Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Align Technology's future profits or losses.
 
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Covid
Financial Statement Analysis is much more than just reviewing and examining Align Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Align Technology is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Align Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.

About Align Income Statement Analysis

Align Technology Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Align Technology shareholders. The income statement also shows Align investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Align Technology Income Statement Chart

Align Technology Income Statement is one of the three primary financial statements used for reporting Align's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Align Technology revenue and expense. Align Technology Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Align Technology's Research Development is very stable compared to the past year. As of the 28th of March 2024, EBITDA is likely to grow to about 675.5 M, though Depreciation And Amortization is likely to grow to (13.3 M).

Total Revenue

Total revenue comprises all receipts Align Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Align Technology. It is also known as Align Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Align Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Align Technology current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Align Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.At this time, Align Technology's Research Development is very stable compared to the past year. As of the 28th of March 2024, EBITDA is likely to grow to about 675.5 M, though Depreciation And Amortization is likely to grow to (13.3 M).
 2021 2022 2023 2024 (projected)
Total Operating Expenses2.0B2.0B2.1B2.2B
Cost Of Revenue1.0B1.1B1.2B1.2B

Align Technology income statement Correlations

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0.460.150.190.20.170.210.20.090.250.170.170.340.760.040.19-0.10.05-0.220.160.180.420.350.14-0.12
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0.270.190.991.01.00.940.930.980.921.01.00.940.240.520.09-0.110.48-0.540.850.090.50.790.930.55
0.30.20.991.00.990.950.940.970.940.991.00.950.250.530.1-0.110.48-0.550.840.090.50.780.930.53
0.230.170.991.00.990.920.910.990.891.01.00.910.230.530.07-0.110.48-0.530.850.060.510.790.950.58
0.370.210.930.940.950.920.990.870.990.910.920.990.190.410.26-0.090.37-0.570.810.250.440.710.820.42
0.360.20.910.930.940.910.990.860.990.90.910.970.130.390.27-0.040.34-0.470.820.260.420.680.810.41
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0.250.170.991.01.01.00.920.910.980.91.00.920.240.540.06-0.110.49-0.540.850.060.50.790.940.57
0.470.340.920.940.950.910.990.970.850.980.90.920.340.480.19-0.110.44-0.590.770.180.470.740.810.38
0.640.760.250.240.250.230.190.130.130.210.210.240.340.54-0.36-0.250.55-0.460.01-0.370.340.390.21-0.07
0.660.040.560.520.530.530.410.390.440.450.510.540.480.54-0.77-0.121.0-0.410.11-0.780.060.370.530.07
-0.40.190.040.090.10.070.260.270.120.210.080.060.19-0.36-0.770.06-0.80.040.441.00.270.120.00.2
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0.690.050.520.480.480.480.370.340.390.410.460.490.440.551.0-0.8-0.16-0.40.06-0.80.020.320.490.01
-0.36-0.22-0.58-0.54-0.55-0.53-0.57-0.47-0.49-0.5-0.52-0.54-0.59-0.46-0.410.040.26-0.4-0.290.06-0.45-0.53-0.43-0.18
-0.10.160.820.850.840.850.810.820.890.760.860.850.770.010.110.44-0.10.06-0.290.440.440.660.830.65
-0.420.180.030.090.090.060.250.260.120.20.080.060.18-0.37-0.781.00.04-0.80.060.440.270.120.00.21
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0.160.350.790.790.780.790.710.680.790.670.80.790.740.390.370.12-0.20.32-0.530.660.120.840.690.58
0.180.140.930.930.930.950.820.810.940.790.950.940.810.210.530.0-0.140.49-0.430.830.00.450.690.62
-0.45-0.120.540.550.530.580.420.410.680.340.60.570.38-0.070.070.20.020.01-0.180.650.210.610.580.62
Click cells to compare fundamentals

Align Technology Account Relationship Matchups

Align Technology income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization79.0M93.5M108.7M22.9M(14.0M)(13.3M)
Interest Expense147.6M(8.2M)36.0M5.4M2.1M2.0M
Selling General Administrative953.0M1.2B1.7B1.7B1.7B1.8B
Total Revenue2.4B2.5B4.0B3.7B3.9B4.1B
Gross Profit1.7B1.8B2.9B2.6B2.7B2.8B
Other Operating Expenses1.9B2.1B3.0B3.1B3.2B3.4B
Operating Income407.5M293.6M976.4M642.6M643.3M675.5M
Ebit407.5M293.6M976.4M642.6M643.3M675.5M
Research Development157.4M175.3M250.3M305.3M346.8M364.2M
Ebitda486.5M387.2M1.1B665.5M643.3M675.5M
Cost Of Revenue662.9M708.7M1.0B1.1B1.2B1.2B
Total Operating Expenses1.2B1.4B2.0B2.0B2.1B2.2B
Income Before Tax562.7M378.9M1.0B599.1M641.2M673.3M
Total Other Income Expense Net155.2M85.3M36.0M(43.5M)(2.1M)(2.0M)
Net Income442.8M1.8B772.0M361.6M445.1M467.3M
Income Tax Expense112.3M(1.4B)240.4M237.5M196.2M206.0M
Net Income Applicable To Common Shares442.8M1.8B772.0M361.6M415.8M314.0M
Net Income From Continuing Ops450.3M1.8B772.0M361.6M362.8M400.5M
Non Operating Income Net Other(8.6M)12.6M(8.2M)36.0M41.4M43.5M
Tax Provision112.3M(1.4B)240.4M237.5M220.8M231.9M
Interest Income12.5M3.1M3.1M5.4M15.0M8.3M
Net Interest Income12.5M3.1M3.1M5.4M15.0M15.8M
Reconciled Depreciation79.0M93.5M108.7M125.8M142.4M100.9M

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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Align Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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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.