Align Technology (ALGN) Return on Capital Employed [ROCE] (2010 - 2026)
Align Technology (ALGN) reported Return on Capital Employed [ROCE] of 12.29% for Q2 2026, down 2.13 percentage points from 14.42% a year earlier and down 0.46 percentage points from the prior quarter.
Align Technology (ALGN) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Align Technology posted Return on Capital Employed [ROCE] of 12.68%, down 2.10 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of -3.87 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 14.78% in FY2024 (-1.51 pp), 16.29% in FY2023 (+0.30 pp), 15.99% in FY2022 (-12.22 pp) and 28.20% in FY2021 (+11.66 pp).
- The Q2 2026 figure ranks as the lowest quarterly Return on Capital Employed [ROCE] since Q4 2020.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last seven quarters, with an average year-over-year change of -1.41 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q3 2021 (a gain of 15.46 percentage points); the low point was Q4 2022 (a drop of 9.17 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 12.74% (Q1 2026), 12.65% (Q4 2025) and 12.55% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 8.30% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 7.98% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 6.42% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 18.58% |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 8.34% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 13.69% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 10.83% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 11.99% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 6.00% |
| 10 | Align Technology | 10.24 Bn | 5.98 Bn | 757.43 Mn | 12.29% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.29% |
| Mar 31, 2026 | 12.74% |
| Dec 31, 2025 | 12.65% |
| Sep 30, 2025 | 12.55% |
| Jun 30, 2025 | 14.42% |
| Mar 31, 2025 | 14.03% |
| Dec 31, 2024 | 14.29% |
| Sep 30, 2024 | 15.12% |
| Jun 30, 2024 | 15.52% |
| Mar 31, 2024 | 16.21% |
| Dec 31, 2023 | 15.56% |
| Sep 30, 2023 | 14.23% |
| Jun 30, 2023 | 14.35% |
| Mar 31, 2023 | 14.75% |
| Dec 31, 2022 | 16.05% |
| Sep 30, 2022 | 18.53% |
| Jun 30, 2022 | 21.32% |
| Mar 31, 2022 | 23.27% |
| Dec 31, 2021 | 25.22% |
| Sep 30, 2021 | 25.95% |
Align Technology Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=ALGN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=ALGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();