Align Technology (ALGN) FCF Margin (2009 - 2026)
Align Technology (ALGN) posted FCF Margin of 14.87% for Q2 2026, up 4.29 percentage points from 10.59% a year earlier and up 3.31 percentage points from the prior quarter.
Align Technology (ALGN) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Align Technology was 15.31%, down 0.62 percentage points year-over-year; for FY2025, it came in at 12.16%, down 3.41 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of -8.36 percentage points (FY2020 to FY2025).
- In prior years, Align Technology's FCF Margin was 15.57% in FY2024 (-0.17 pp), 15.74% in FY2023 (+8.33 pp), 7.41% in FY2022 (-12.10 pp) and 19.52% in FY2021 (-1.00 pp).
- Quarterly FCF Margin has run from a low of -5.84% in Q1 2022 to a high of 27.66% in Q3 2023 over five years.
- On a year-over-year basis, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +2.49 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q4 2024, with a gain of 25.03 percentage points; the weakest was Q1 2022, with a drop of 26.38 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 11.56% (Q1 2026), 17.88% (Q4 2025) and 16.97% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 13.97% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 15.81% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 20.19% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 32.79% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 13.22% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 16.07% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 23.50% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 33.60% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 12.70% |
| 10 | Align Technology | 10.26 Bn | 6.00 Bn | 757.43 Mn | 14.87% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.87% |
| Mar 31, 2026 | 11.56% |
| Dec 31, 2025 | 17.88% |
| Sep 30, 2025 | 16.97% |
| Jun 30, 2025 | 10.59% |
| Mar 31, 2025 | 2.80% |
| Dec 31, 2024 | 26.44% |
| Sep 30, 2024 | 23.91% |
| Jun 30, 2024 | 10.34% |
| Mar 31, 2024 | 1.93% |
| Dec 31, 2023 | 1.41% |
| Sep 30, 2023 | 27.66% |
| Jun 30, 2023 | 19.28% |
| Mar 31, 2023 | 14.40% |
| Dec 31, 2022 | 10.15% |
| Sep 30, 2022 | 21.47% |
| Jun 30, 2022 | 5.26% |
| Mar 31, 2022 | -5.84% |
| Dec 31, 2021 | 15.88% |
| Sep 30, 2021 | 22.71% |
Align Technology FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=ALGN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "ALGN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=ALGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();