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Align Technology inc   (ALGN)
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ALGN's Free Cash Flow Growth by Quarter and Year

Align Technology Inc 's Free Cash Flow results by quarter and year




ALGN Free Cash Flow (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter December - 46.90 144.71 272.85
III Quarter September - 287.21 266.48 355.00
II Quarter June 159.83 251.78 127.05 317.50
I Quarter March 28.66 199.90 30.50 227.19
FY   188.49 785.79 568.74 1,172.54



ALGN Free Cash Flow second quarter 2024 Y/Y Growth Comment
Align Technology Inc reported fall in Free Cash Flow in the second quarter 2024 by -36.52% to $ 159.83 millions, from the same quarter in 2023.
The drop in the second quarter 2024 Align Technology Inc 's Free Cash Flow compares unfavorably to the Company's average Free Cash Flow rise of 31.38%.

Looking into second quarter 2024 results within Medical Equipment & Supplies industry 36 other companies have achieved higher Free Cash Flow growth. While Align Technology Inc ' s Free Cash Flow drop of -36.52% ranks overall at the positon no. 869 in the second quarter 2024.




ALGN Free Cash Flow ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter December - -67.59 % -46.96 % -28.46 %
III Quarter September - 7.78 % -24.94 % 68.19 %
II Quarter June -36.52 % 98.17 % -59.98 % 430.05 %
I Quarter March -85.66 % 555.41 % -86.58 % 2223.01 %
FY   - 38.16 % -51.5 % 77.08 %

Financial Statements
Align Technology Inc 's second quarter 2024 Free Cash Flow $ 159.83 millions ALGN's Income Statement
Align Technology Inc 's second quarter 2023 Free Cash Flow $ 251.78 millions Quarterly ALGN's Income Statement
New: More ALGN's historic Free Cash Flow Growth >>


ALGN Free Cash Flow (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter December - -83.67 % -45.7 % -23.14 %
III Quarter September - 14.07 % 109.74 % 11.81 %
II Quarter June 457.67 % 25.95 % 316.56 % 39.75 %
I Quarter March -38.89 % 38.14 % -88.82 % -40.44 %
FY (Year on Year)   - 38.16 % -51.5 % 77.08 %




Free Cash Flow second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Medical Equipment & Supplies Industry #37
Healthcare Sector #80
Overall #869

Free Cash Flow Y/Y Growth Statistics
High Average Low
251.06 % 31.38 % -45.31 %
(June 30. 2014)   (Dec 31 2022)
Free Cash Flow second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Medical Equipment & Supplies Industry #37
Healthcare Sector #80
Overall #869
Free Cash Flow Y/Y Growth Statistics
High Average Low
251.06 % 31.38 % -45.31 %
(June 30. 2014)   (Dec 31 2022)

Free Cash Flow by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Align Technology Inc 's Q/Q Free Cash Flow Growth


Free Cash Flow Q/Q Growth Statistics
High Average Low
512.22 % 44.99 % -100 %
(Jun 30 2020)  


ALGN's II. Quarter Q/Q Free Cash Flow Comment
Align Technology inc achieved in the II. Quarter 2024 above company average sequential Free Cash Flow doubling of 457.67%, to $ 159.83 millions, from $28.66 millions in the first quarter.
Align Technology Inc is going from strength to strength, not just reporting above regular gain, and additionally accelerating pace.

Within Medical Equipment & Supplies industry 4 other companies have achieved higher Free Cash Flow quarter on quarter growth. While Align Technology Inc 's Free Cash Flow growth quarter on quarter, overall rank is 117.


Free Cash Flow Q/Q Growth Company Ranking
Within: No.
Medical Equipment & Supplies Industry #5
Healthcare Sector #10
Overall #117
Free Cash Flow Q/Q Growth Company Ranking
Within: No.
Medical Equipment & Supplies Industry #5
Healthcare Sector #10
Overall #117
Free Cash Flow Q/Q Growth Statistics
High Average Low
512.22 % 44.99 % -100 %
(Jun 30 2020)  


ALGN's II. Quarter Q/Q Free Cash Flow Comment
Align Technology inc achieved in the II. Quarter 2024 above company average sequential Free Cash Flow doubling of 457.67%, to $ 159.83 millions, from $28.66 millions in the first quarter.
Align Technology Inc is impressively improving, not just reporting above regular gain, but also increasing pace, Alexander Walker, a business contributor based in San Francisco added.

Within Medical Equipment & Supplies industry 4 other companies have achieved higher Free Cash Flow quarter on quarter growth. While Align Technology Inc 's Free Cash Flow growth quarter on quarter, overall rank is 117.


Align Technology Inc 's 12 Months Free Cash Flow Growth Year on Year


Free Cash Flow TTM Growth

12 Months Ending
(Jun 30 2024)
12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
Cumulative Free Cash Flow 12 Months Ending $ 640.47 $ 737.51 $ 963.49 $ 1,081.09 $ 1,114.08
Y / Y Free Cash Flow Growth (TTM) -42.51 % -26.75 % 11.95 % 3.49 % -5.76 %
Year on Year Free Cash Flow Growth Overall Ranking # 1186 # 1355 # 1324 # 1823 # 1486
Seqeuential Free Cash Flow Change (TTM) -13.16 % -23.45 % -10.88 % -2.96 % 10.65 %
Seq. Free Cash Flow Growth (TTM) Overall Ranking # 869 # 725 # 1149 # 1468 # 1512




Cumulative Free Cash Flow growth Comment
Align Technology Inc 's cumulative 12 months Free Cash Flow continue to drop, but on the faster rate at -42.51% year on year, at Jun 30 2024 compare to the -26.75% decrease at Mar 31 2024. If the Align Technology Inc 's fiscal year would end at Jun 30 2024, annual Free Cash Flow would be $640 millions.

In the Healthcare sector 97 other companies have achieved higher trailing twelve month Free Cash Flow growth. While Total ranking has impoved so far to 1186, from total ranking in previous quarter at 1355.

Free Cash Flow TTM Q/Q Growth Statistics
High Average Low
251.06 %
31.38 %
-45.31 %
 

Free Cash Flow TTM Y/Y Growth Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 37
Healthcare Sector # 98
Overall # 1186

Free Cash Flow TTM Y/Y Growth Statistics
High Average Low
251.06 %
31.38 %
-45.31 %
 


Free Cash Flow TTM Q/Q Growth Company Ranking
Within: No.
Industry # 37
Sector # 80
S&P 500 # 869
Cumulative Free Cash Flow growth Comment
Align Technology Inc 's cumulative 12 months Free Cash Flow continue to drop, but on the faster rate at -42.51% year on year, at Jun 30 2024 compare to the -26.75% decrease at Mar 31 2024. If the Align Technology Inc 's fiscal year would end at Jun 30 2024, annual Free Cash Flow would be $640 millions.

In the Healthcare sector 97 other companies have achieved higher trailing twelve month Free Cash Flow growth. While Total ranking has impoved so far to 1186, from total ranking in previous quarter at 1355.

Free Cash Flow TTM Q/Q Growth Statistics
High Average Low
251.06 %
31.38 %
-45.31 %
 


Free Cash Flow TTM Y/Y Growth Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 37
Healthcare Sector # 98
Overall # 1186

Free Cash Flow TTM Y/Y Growth Statistics
High Average Low
251.06 %
31.38 %
-45.31 %
 


Free Cash Flow TTM Q/Q Growth Company Ranking
Within: No.
Industry # 37
Sector # 80
S&P 500 # 869




Other Free Cash Flow Growth
Medical Equipment & Supplies Industry Free Cash Flow Growth Trends and Statistics
Healthcare Sector Free Cash Flow Growth Statistics
Free Cash Flow Growth Trends for overall market
ALGN's Free Cash Flow Growth Ratio versus Medical Equipment & Supplies Industry, Healthcare Sector and total Market
Highest Ranking Free Cash Flow Growth
Lowest Ranking Free Cash Flow Growth
Free Cash Flow Growth for ALGN's Competitors
Free Cash Flow Growth for Align Technology Inc 's Suppliers
Free Cash Flow Growth for ALGN's Customers

You may also want to know
ALGN's Annual Growth Rates ALGN's Profitability Ratios ALGN's Asset Turnover Ratio ALGN's Dividend Growth
ALGN's Roe ALGN's Valuation Ratios ALGN's Financial Strength Ratios ALGN's Dividend Payout Ratio
ALGN's Roa ALGN's Inventory Turnover Ratio ALGN's Growth Rates ALGN's Dividend Comparisons



Companies with similar Free Cash Flow drop for the quarter ending Jun 30 2024 within Healthcare SectorY/Y Change %Free Cash Flow for the quarter ending Jun 30 2024
Bio rad Laboratories Inc -0.43%$ -0.428 millions
Exelixis Inc -1.18%$ -1.182 millions
West Pharmaceutical Services Inc -2.48%$ -2.482 millions
Corcept Therapeutics Inc-2.61%$ -2.611 millions
Mettler Toledo International Inc-3.49%$ -3.487 millions
Ironwood Pharmaceuticals inc -4.28%$ -4.285 millions
Tactile Systems Technology Inc -5.51%$ -5.514 millions
Infusystem Holdings Inc-5.83%$ -5.832 millions
Intuitive Surgical Inc -6.79%$ -6.790 millions
Stryker Corp-7.99%$ -7.994 millions
Maravai Lifesciences Holdings Inc -9.17%$ -9.170 millions
Artivion Inc -11.20%$ -11.203 millions
Teladoc Health Inc -12.35%$ -12.353 millions
Amedisys Inc-13.91%$ -13.914 millions
Ani Pharmaceuticals Inc-15.57%$ -15.573 millions
Integer Holdings Corporation-15.87%$ -15.870 millions
-16.27%$ -16.271 millions
Halozyme Therapeutics Inc -16.53%$ -16.529 millions
Carlisle Companies Incorporated-17.05%$ -17.051 millions
Quest Diagnostics Inc-18.92%$ -18.919 millions
Lemaitre Vascular Inc -19.14%$ -19.138 millions
National Research Corporation-23.18%$ -23.181 millions
Progyny Inc -25.41%$ -25.414 millions
Viatris Inc -26.37%$ -26.374 millions
Lifevantage Corp-31.38%$ -31.385 millions
3m Company-32.34%$ -32.339 millions
Collegium Pharmaceutical inc -32.41%$ -32.414 millions
Ensign Group Inc-35.75%$ -35.746 millions
Fortrea Holdings Inc -36.38%$ -36.381 millions
Align Technology inc -36.52%$ -36.520 millions




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