Align Technology (ALGN) FCF Margin (2009 - 2026)
Align Technology (ALGN) posted quarterly FCF Margin of 11.56% for Q1 2026, up 877.0% year-over-year from 1.18% in Q1 2025, and down 35.32% quarter-over-quarter from 17.88% in Q4 2025.
Align Technology (ALGN) FCF Margin (2009 - 2026) Analysis & Trends
Align Technology (ALGN) has reported FCF Margin for 18 consecutive years, with 11.56% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin rose 877.0% year-over-year to 11.56%; the TTM figure through Mar 2026 stood at 14.25% (down 159.0% YoY), while the FY2025 annual figure was 12.16%, down 341.0% from the prior year.
- FCF Margin eased to 11.56% in Q1 2026 per ALGN's latest filing, from 17.88% in the prior quarter.
- Across five years, FCF Margin topped out at 27.66% in Q3 2023 and bottomed at 5.84% in Q1 2022.
- Historically, FCF Margin has averaged 12.72% across 5 years, with a median of 11.56% in 2026.
- Annual changes were most pronounced in 2022 — FCF Margin plunged 2638 bps — and 2024, when it soared 2503 bps.
- Align Technology's FCF Margin stood at 10.15% in 2022, then plunged by 86 bps to 1.41% in 2023, then surged by 1776 bps to 26.44% in 2024, then sank by 32 bps to 17.88% in 2025, then tumbled by 35 bps to 11.56% in 2026.
- Business Quant data shows ALGN's FCF Margin at 11.56% in Q1 2026, 17.88% in Q4 2025, and 16.97% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | 32.79% |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 12.70% |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | 4.82% |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | 27.57% |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 7.86% |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 9.26% |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | 6.52% |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | 8.91% |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 6.11% |
| 10 | Align Technology | 11.37 Bn | 10.27 Bn | 757.43 Mn | 14.87% |
Historic Data
Download 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 | 23.92% |
| 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% |