Align Technology Overview

  • Year Founded
  • 1997

Year Founded

  • Status
  • Public

  • Employees
  • 21,670

Employees

  • Stock Symbol
  • ALGN

Stock Symbol

  • Investments
  • 13

  • Share Price
  • $271.50
  • (As of Friday Closing)

Align Technology General Information

Description

Align Technology is the leading manufacturer of clear aligners. Invisalign, its main product, was approved by the Food and Drug Administration in 1998 and 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.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Therapeutic Devices
Stock Exchange
NAS
Corporate Office
  • 410 North Scottsdale Road
  • Suite 1300
  • Tempe, AZ 85288
  • United States
+1 (602) 000-0000

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Align Technology Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$271.50 $273.56 $176.34 - $413.20 $20.4B 75.3M 607K $6.09

Align Technology Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 23,782,024 19,828,412 15,503,997 50,679,360
Revenue 3,916,544 3,862,260 3,734,635 3,952,584
EBITDA 785,180 766,347 719,483 1,118,049
Net Income 462,283 445,053 361,573 772,020
Total Assets 6,155,754 6,083,877 5,947,947 5,942,110
Total Debt 126,416 126,619 126,908 125,375
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Align Technology Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Align Technology Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Align Technology Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Align Technology is the leading manufacturer of clear aligners. Invisalign, its main product, was approved by the Food a
Therapeutic Devices
Tempe, AZ
21,670 As of 2024
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Audubon, PA
0000 As of 0000
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000000 - 000 00000

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00000000000 0000000
Thousand Oaks, CA
000 As of 0000
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Align Technology Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Globus Medical Formerly VC-backed Audubon, PA 0000 00000 000000 - 000 00000
Implant Direct Sybron International Corporate Backed or Acquired Thousand Oaks, CA 000 000000&0
Smilelove Angel-Backed Sheridan, WY 00 00000 0000000000 00000
PlusDental Formerly VC-backed Berlin, Germany 000 00000 000000&0 00000
Permobil Private Equity-Backed Kista, Sweden 0000 00000 000000000 00000
You’re viewing 5 of 8 competitors. Get the full list »

Align Technology Patents

Align Technology Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240131795-A1 Systems and methods for generating directly manufacturable dental appliances Pending 20-Oct-2022 0000000000
US-20240122463-A1 Image quality assessment and multi mode dynamic camera for dental images Pending 17-Oct-2022 00000000
US-20240122677-A1 Automatic detection and processing of poor-quality virtual three-dimensional dental models Pending 14-Oct-2022 000000000
US-20240122446-A1 Power sources for wireless intraoral scanners Pending 13-Oct-2022 00000000000
US-20240115196-A1 Severity maps of dental clinical findings Pending 06-Oct-2022 A61B5/4842
To view Align Technology’s complete patent history, request access »

Align Technology Executive Team (25)

Name Title Board Seat Contact Info
Joseph Hogan Chief Executive Officer & Board Member
John Morici Chief Financial Officer & Global Finance, Senior Vice President
Raj Pudipeddi Executive Vice President, Chief Product and Marketing & Managing Director, Asia Pacific Officer
Julie Coletti JD Executive Vice President & Executive
Bob Boyd Business Development Specialist
You’re viewing 5 of 25 executive team members. Get the full list »

Align Technology Board Members (15)

Name Representing Role Since
Andrea Saia Self Board Member 000 0000
Anne Myong Align Technology Board Member 000 0000
Charles Larkin Jr. Self Chairman 000 0000
George Morrow Self Board Member 000 0000
Joseph Hogan Align Technology Chief Executive Officer & Board Member 000 0000
You’re viewing 5 of 15 board members. Get the full list »

Align Technology Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Align Technology Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Align Technology Investments & Acquisitions (13)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Cubicure 03-Jan-2024 0000000000 000.00 Other Commercial Services 000000 00
ALFA Dentistry 04-Oct-2023 0000000000 Clinics/Outpatient Services
Heartland Dental 05-May-2023 00 0000000 00.000 Practice Management (Healthcare)
dentalXr.ai 01-Jul-2022 0000000000 Decision/Risk Analysis
Cubicure 01-Sep-2021 Later Stage VC Other Commercial Services
You’re viewing 5 of 13 investments and acquisitions. Get the full list »

Align Technology Subsidiaries (3)

Company Name Industry Location Founded
dentalXr.ai Decision/Risk Analysis Berlin, Germany 2017
Cubicure Other Commercial Services Vienna, Austria 0000
Exocad Other Healthcare Technology Systems Darmstadt, Germany 0000
To view Align Technology’s complete subsidiaries history, request access »

Align Technology ESG

Risk Overview

Risk Rating

Updated December, 29, 2023

18.93 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,421

Rank

00.00

Percentile

Healthcare

Industry

00 of 645

Rank

00.00

Percentile

Medical Supplies

Subindustry

00 of 59

Rank

00.00

Percentile

To view Align Technology’s complete esg history, request access »

Align Technology Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
SmileDirectClub 01-Jan-2017 000000000 000.00 Completed
  • 00000 0000000000
SmileDirectClub 28-Jul-2016 Corporate 000.00 Completed
To view Align Technology’s complete exits history, request access »

Align Technology FAQs

  • When was Align Technology founded?

    Align Technology was founded in 1997.

  • Who is the founder of Align Technology?

    Zia Chisti and Kelsey Wirth are the founders of Align Technology.

  • Who is the CEO of Align Technology?

    Joseph Hogan is the CEO of Align Technology.

  • Where is Align Technology headquartered?

    Align Technology is headquartered in Tempe, AZ.

  • What is the size of Align Technology?

    Align Technology has 21,670 total employees.

  • What industry is Align Technology in?

    Align Technology’s primary industry is Therapeutic Devices.

  • Is Align Technology a private or public company?

    Align Technology is a Public company.

  • What is Align Technology’s stock symbol?

    The ticker symbol for Align Technology is ALGN.

  • What is the current stock price of Align Technology?

    As of 17-May-2024 the stock price of Align Technology is $271.50.

  • What is the current market cap of Align Technology?

    The current market capitalization of Align Technology is $20.4B.

  • What is Align Technology’s current revenue?

    The trailing twelve month revenue for Align Technology is $3.92B.

  • Who are Align Technology’s competitors?

    Globus Medical, Implant Direct Sybron International, Smilelove, PlusDental, and Permobil are some of the 8 competitors of Align Technology.

  • What is Align Technology’s annual earnings per share (EPS)?

    Align Technology’s EPS for 12 months was $6.09.

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