Align Technology (ALGN) Long-Term Investments (2010 - 2024)
Align Technology (ALGN) reported Long-Term Investments of $3.6 million for Q1 2024, down 90.32% year-over-year from $37.4 million in Q2 2023, and down 54.89% quarter-over-quarter from $8.0 million in Q4 2023.
Align Technology (ALGN) Long-Term Investments (2010 - 2024) Analysis & Trends
Align Technology (ALGN) has 14 years of Long-Term Investments data on file, last reported at $3.6 million in Q1 2024.
- Long-Term Investments for Q1 2024 came in at $3.6 million, down 90.32% year-over-year; the trailing twelve-month figure through Mar 2024 was $3.6 million (down 90.32% YoY), and the FY2023 annual result was $8.0 million, down 80.89% from the prior year.
- Long-Term Investments retreated to $3.6 million in Q1 2024 per ALGN's latest filing, from $8.0 million in the prior quarter.
- Over five years, Long-Term Investments peaked at $125.3 million in Q4 2021 and troughed at $3.6 million in Q1 2024.
- A 4-year average of $49.6 million and a median of $39.7 million in 2022 frame the typical range for Long-Term Investments.
- The sharpest annual moves came in 2023 and 2024: Long-Term Investments tumbled 63.91% in 2023, then slumped 90.32% in 2024.
- A 4-year view of Long-Term Investments shows it stood at $125.3 million in 2021, then sank by 66.5% to $42.0 million in 2022, then plunged by 80.89% to $8.0 million in 2023, then tumbled by 54.89% to $3.6 million in 2024.
- Business Quant data shows ALGN's Long-Term Investments at $3.6 million in Q1 2024, $8.0 million in Q4 2023, and $18.1 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 3.46 Bn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | - |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | - |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | - |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 209.20 Mn |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | - |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | - |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | - |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | - |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 130.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 3.62 Mn |
| Dec 31, 2023 | 8.02 Mn |
| Sep 30, 2023 | 18.14 Mn |
| Jun 30, 2023 | 26.02 Mn |
| Mar 31, 2023 | 37.38 Mn |
| Dec 31, 2022 | 41.98 Mn |
| Sep 30, 2022 | 50.26 Mn |
| Jun 30, 2022 | 77.55 Mn |
| Mar 31, 2022 | 107.70 Mn |
| Dec 31, 2021 | 125.32 Mn |
| Jun 30, 2019 | 44.97 Mn |
| Dec 31, 2018 | 9.11 Mn |
| Sep 30, 2018 | 8.09 Mn |
| Jun 30, 2018 | 49.10 Mn |
| Mar 31, 2018 | 52.83 Mn |
| Dec 31, 2017 | 39.95 Mn |
| Sep 30, 2017 | 52.88 Mn |
| Jun 30, 2017 | 74.62 Mn |
| Mar 31, 2017 | 98.57 Mn |
| Dec 31, 2016 | 59.78 Mn |