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Align Technology (FRA:AFW) FCF Margin % : 1.93% (As of Mar. 2024)


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What is Align Technology FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Align Technology's Free Cash Flow for the three months ended in Mar. 2024 was €18 Mil. Align Technology's Revenue for the three months ended in Mar. 2024 was €918 Mil. Therefore, Align Technology's FCF Margin % for the quarter that ended in Mar. 2024 was 1.93%.

As of today, Align Technology's current FCF Yield % is 2.55%.

The historical rank and industry rank for Align Technology's FCF Margin % or its related term are showing as below:

FRA:AFW' s FCF Margin % Range Over the Past 10 Years
Min: 7.41   Med: 18.19   Max: 26.63
Current: 12.63


During the past 13 years, the highest FCF Margin % of Align Technology was 26.63%. The lowest was 7.41%. And the median was 18.19%.

FRA:AFW's FCF Margin % is ranked better than
85.7% of 832 companies
in the Medical Devices & Instruments industry
Industry Median: -7.38 vs FRA:AFW: 12.63


Align Technology FCF Margin % Historical Data

The historical data trend for Align Technology's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Align Technology FCF Margin % Chart

Align Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.83 20.52 19.52 7.41 15.74

Align Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.40 19.28 27.66 1.41 1.93

Competitive Comparison of Align Technology's FCF Margin %

For the Medical Devices subindustry, Align Technology's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Align Technology's FCF Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Align Technology's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Align Technology's FCF Margin % falls into.



Align Technology FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Align Technology's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=557.591/3541.692
=15.74 %

Align Technology's FCF Margin for the quarter that ended in Mar. 2024 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=17.752/917.637
=1.93 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Align Technology FCF Margin % Related Terms

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Align Technology (FRA:AFW) Business Description

Traded in Other Exchanges
Address
410 North Scottsdale Road, Suite 1300, Tempe, AZ, USA, 85281
Align Technology is the leading manufacturer of clear aligners. Invisalign, its main product, was approved by the FDA in 1998, and it has since dominated, controlling over 90% of the market. Invisalign can treat roughly 90% of all malocclusion cases (misaligned teeth), and there are over 230,000 Invisalign-trained dentists and orthodontists. In 2022, Invisalign treated over 2 million cases, or roughly 10% of all orthodontic cases for the year, and it has treated over 14 million patients since its launch. Align also sells intraoral scanners under the brand iTero, which captures digital impressions of patients' teeth and illustrates treatment plans. Over 85% of Invisalign cases are submitted by digital scans and iTero scans make up over half of these scans.

Align Technology (FRA:AFW) Headlines

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