Align Technology
Align Technology returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
Reported borrowing balances are unavailable in the extracted statements for this period.
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
Reported borrowing balances are unavailable in the extracted statements for this period.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Reported borrowing balances are unavailable in the extracted statements for this period.
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | 12.54% | — | 10.16% | 6.55% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | 13.07% | — | 10.82% | 6.92% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | 12.86% | — | 10.39% | 6.59% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | 12.48% | — | 9.58% | 6.01% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | 14.4% | — | 11.41% | 7.07% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | 14.18% | — | 10.84% | 6.68% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | 14.83% | — | 11.26% | 6.85% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | 14.95% | — | 11.4% | 6.96% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | 15.67% | — | 12.09% | 7.27% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | 16.54% | — | 12.77% | 7.67% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | 16% | — | 12.31% | 7.4% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | 14.08% | — | 9.68% | 5.93% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | 13.97% | — | 8.68% | 5.25% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | 14.49% | — | 8.82% | 5.32% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | 15.98% | — | 10.01% | 6.08% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | 18.86% | — | 14.17% | 8.83% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | 22.54% | — | 17.73% | 11.05% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | 24.47% | — | 20% | 12.82% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | 25.96% | — | 22.52% | 14.33% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | 27.08% | — | 22.6% | 14.71% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | 26.08% | — | 22.42% | 14.83% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | 16.13% | — | 14.67% | 10.14% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | 15.38% | — | 77.55% | 48.45% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | 13.62% | — | 80.12% | 51.38% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | 11.86% | — | 80.66% | 53.4% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | 23.41% | — | 91.95% | 60.94% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | 37.54% | — | 34.07% | 19.45% | — |
| FY 2019 Q3 | Sep 30, 2019 | — | 36.68% | — | 33.53% | 19.58% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | 35.08% | — | 32.19% | 19.58% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | 33.85% | — | 31.57% | 18.73% | — |
| FY 2018 Q4 | Dec 31, 2018 | — | 35.34% | — | 33.31% | 20.9% | — |
| FY 2018 Q3 | Sep 30, 2018 | — | 35.79% | — | 26.37% | 17.27% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | 34.67% | — | 25.66% | 17% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | 33.08% | — | 23.74% | 15.91% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | 30.46% | — | 21.57% | 14.58% | — |
| FY 2017 Q3 | Sep 30, 2017 | — | 27.74% | — | 24.95% | 17.59% | — |
| FY 2017 Q2 | Jun 30, 2017 | — | 26.53% | — | 23.9% | 16.96% | — |
| FY 2017 Q1 | Mar 31, 2017 | — | 25.39% | — | 22.57% | 16.39% | — |
| FY 2016 Q4 | Dec 31, 2016 | — | 25.81% | — | 20.58% | 14.85% | — |
| FY 2016 Q3 | Sep 30, 2016 | — | 25.92% | — | 21.57% | 15.66% | — |
| FY 2016 Q2 | Jun 30, 2016 | — | 24.56% | — | 19.91% | 14.67% | — |
| FY 2016 Q1 | Mar 31, 2016 | — | 21.93% | — | 17.61% | 13.27% | — |
| FY 2015 Q4 | Dec 31, 2015 | — | 22.55% | — | 17.99% | 13.42% | — |
| FY 2015 Q3 | Sep 30, 2015 | — | 22.82% | — | 17.71% | 13.28% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | 25.84% | — | 20.1% | 15.18% | — |
| FY 2015 Q1 | Mar 31, 2015 | — | 26.02% | — | 20.07% | 15.63% | — |
| FY 2014 Q4 | Dec 31, 2014 | — | 26.83% | — | 21.03% | 16.02% | — |
| FY 2014 Q3 | Sep 30, 2014 | — | 28.98% | — | 22.91% | 17.42% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | 29.79% | — | 24.25% | 18.25% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | 26.84% | — | 22.06% | 17.21% | — |
| FY 2013 Q4 | Dec 31, 2013 | — | 14.99% | — | 10.58% | 8.1% | — |
| FY 2013 Q3 | Sep 30, 2013 | — | 9.63% | — | 5.34% | 4.12% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | 3.74% | — | -0.62% | -0.48% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | 3.49% | — | -0.79% | -0.61% | — |
| FY 2012 Q4 | Dec 31, 2012 | — | 15.54% | — | 10.95% | 8.35% | — |
| FY 2012 Q3 | Sep 30, 2012 | — | 17.55% | — | 13.14% | 10.28% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | 22.5% | — | 17.56% | 13.81% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | 20.63% | — | 15.53% | 12.31% | — |
| FY 2011 Q4 | Dec 31, 2011 | — | 20.42% | — | 15.36% | 11.85% | — |
| FY 2011 Q3 | Sep 30, 2011 | — | 18.94% | — | 13.76% | 10.89% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | 19.24% | — | 14.07% | 11.24% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | — | — | — | — | — |
| FY 2010 Q4 | Dec 31, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Sep 30, 2010 | — | — | — | — | — | — |
| FY 2010 Q2 | Jun 30, 2010 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · ALGN, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.