Align Technology (ALGN) Long-Term Investments (2010 - 2024)
Align Technology's Long-Term Investments came in at $3.62 million for Q1 2024, down 90.3% from $37.38 million a year earlier and down 54.9% from the prior quarter.
Align Technology (ALGN) Long-Term Investments (2010 - 2024) Analysis & Trends
At the end of FY2023, Align Technology's Long-Term Investments was $8.02 million, down 80.9% from FY2022.
- Long-Term Investments carries a five-year compound annual growth rate of -29.5% (FY2018 to FY2023).
- Going back by year, Long-Term Investments was $41.98 million in FY2022 (-66.5%) and $125.32 million in FY2021.
- The Q1 2024 figure represents the lowest quarterly Long-Term Investments since Q3 2011.
- Year-over-year, Long-Term Investments has declined for six consecutive quarters, with an average decline of 72.2% over the last six quarters.
- Business Quant data shows ALGN's Long-Term Investments at $8.02 million (Q4 2023), $18.14 million (Q3 2023) and $26.02 million (Q2 2023) in the three quarters before Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.25 Bn | 220.40 Bn | 4.88 Bn | - |
| 2 | Abbott Laboratories | 167.33 Bn | 138.41 Bn | 7.27 Bn | 1.11 Bn |
| 3 | Danaher | 148.83 Bn | 132.65 Bn | 3.61 Bn | - |
| 4 | Intuitive Surgical | 142.00 Bn | 121.55 Bn | 1.96 Bn | 3.41 Bn |
| 5 | Medtronic | 110.70 Bn | 76.57 Bn | 6.34 Bn | - |
| 6 | Stryker | 104.72 Bn | 90.84 Bn | 4.50 Bn | - |
| 7 | Boston Scientific | 62.66 Bn | 57.67 Bn | 3.85 Bn | 2.25 Bn |
| 8 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 244.10 Mn |
| 9 | Becton Dickinson | 48.51 Bn | 45.66 Bn | 2.32 Bn | - |
| 10 | Align Technology | 10.36 Bn | 6.09 Bn | 757.43 Mn | - |
Historic 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 |
| Mar 31, 2019 | 42.00 Mn |
| Dec 31, 2018 | 45.91 Mn |
| Sep 30, 2018 | 48.00 Mn |
| Jun 30, 2018 | 49.13 Mn |
| Mar 31, 2018 | 52.83 Mn |
| Dec 31, 2017 | 54.61 Mn |
| Sep 30, 2017 | 58.84 Mn |
| Jun 30, 2017 | 74.62 Mn |
| Mar 31, 2017 | 98.57 Mn |
Align Technology Long-Term Investments 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=long-term-investments&ticker=ALGN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "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=long-term-investments&ticker=ALGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();