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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 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 46.90 144.71 272.85 381.42
III Quarter September 287.21 266.48 355.00 211.07
II Quarter June 251.78 127.05 317.50 59.90
I Quarter March 199.90 30.50 227.19 9.78
FY   785.79 568.74 1,172.54 662.17



ALGN Free Cash Flow fourth quarter 2023 Y/Y Growth Comment
Align Technology Inc reported drop in Free Cash Flow in the fourth quarter 2023 by -67.59% to $ 46.90 millions, from the same quarter in 2022.
The fall in the fourth quarter 2023 Align Technology Inc 's Free Cash Flow compares unfavorably to the Company's average Free Cash Flow rise of 35.05%.

Looking into fourth quarter 2023 results within Medical Equipment & Supplies industry 36 other companies have achieved higher Free Cash Flow growth. While Align Technology Inc ' s Free Cash Flow meltdown of -67.59% ranks overall at the positon no. 1149 in the fourth quarter 2023.




ALGN Free Cash Flow ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December -67.59 % -46.96 % -28.46 % 74.82 %
III Quarter September 7.78 % -24.94 % 68.19 % -10 %
II Quarter June 98.17 % -59.98 % 430.05 % -66.22 %
I Quarter March 555.41 % -86.58 % 2223.01 % -91.66 %
FY   38.16 % -51.5 % 77.08 % -11.39 %

Financial Statements
Align Technology Inc 's fourth quarter 2023 Free Cash Flow $ 46.90 millions ALGN's Income Statement
Align Technology Inc 's fourth quarter 2022 Free Cash Flow $ 144.71 millions Quarterly ALGN's Income Statement
New: More ALGN's historic Free Cash Flow Growth >>


ALGN Free Cash Flow (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December -83.67 % -45.7 % -23.14 % 80.71 %
III Quarter September 14.07 % 109.74 % 11.81 % 252.37 %
II Quarter June 25.95 % 316.56 % 39.75 % 512.47 %
I Quarter March 38.14 % -88.82 % -40.44 % -95.52 %
FY (Year on Year)   38.16 % -51.5 % 77.08 % -11.39 %




Free Cash Flow fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Medical Equipment & Supplies Industry #37
Healthcare Sector #93
Overall #1149

Free Cash Flow Y/Y Growth Statistics
High Average Low
251.06 % 35.05 % -45.31 %
(June 30. 2014)   (Dec 31 2022)
Free Cash Flow fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Medical Equipment & Supplies Industry #37
Healthcare Sector #93
Overall #1149
Free Cash Flow Y/Y Growth Statistics
High Average Low
251.06 % 35.05 % -45.31 %
(June 30. 2014)   (Dec 31 2022)

Free Cash Flow by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

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


Free Cash Flow Q/Q Growth Statistics
High Average Low
512.22 % 36.97 % -100 %
(Jun 30 2020)  


ALGN's IV. Quarter Q/Q Free Cash Flow Comment
In the IV. Quarter 2023 Align Technology Inc reported fall in Free Cash Flow sequentially by -83.67% to $ 46.90 millions, from $ 287.21 millions achived in the previous quarter.

If you analyse current slump at the IV. Quarter, you suppose to presume, that usually IV. Quarter Free Cash Flow appear to be weaker in contrast to the third quarter

Within Medical Equipment & Supplies industry 44 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 1329.


Free Cash Flow Q/Q Growth Company Ranking
Within: No.
Medical Equipment & Supplies Industry #45
Healthcare Sector #113
Overall #1329
Free Cash Flow Q/Q Growth Company Ranking
Within: No.
Medical Equipment & Supplies Industry #45
Healthcare Sector #113
Overall #1329
Free Cash Flow Q/Q Growth Statistics
High Average Low
512.22 % 36.97 % -100 %
(Jun 30 2020)  


ALGN's IV. Quarter Q/Q Free Cash Flow Comment
In the IV. Quarter 2023 Align Technology Inc disclosed fall in Free Cash Flow from the previous quarter by -83.67% to $ 46.90 millions, from $ 287.21 millions released in the previous quarter.

But that's not big concern, as Align Technology Inc 's Free Cash Flow generally seem to dip in the IV. Quarter Caleb Green, a business insider noted.

Within Medical Equipment & Supplies industry 44 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 1329.


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


Free Cash Flow TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Free Cash Flow 12 Months Ending $ 963.49 $ 1,081.09 $ 1,114.08 $ 1,006.82 $ 860.63
Y / Y Free Cash Flow Growth (TTM) 11.95 % 3.49 % -5.76 % -29.14 % -45.31 %
Year on Year Free Cash Flow Growth Overall Ranking # 1324 # 1823 # 1486 # 708 # 337
Seqeuential Free Cash Flow Change (TTM) -10.88 % -2.96 % 10.65 % 16.99 % -17.62 %
Seq. Free Cash Flow Growth (TTM) Overall Ranking # 1149 # 1468 # 1512 # 1541 # 1301




Cumulative Free Cash Flow growth Comment
Although Align Technology Inc 's Annual Free Cash Flow growth year on year were below company's average 35.05% , Free Cash Flow announced in the Dec 31 2023 period, show improvement in Free Cash Flow trend, to cumulative trailing twelve month growth of 11.95% year on year, from 3.49% in Sep 30 2023.

In the Healthcare sector 102 other companies have achieved higher trailing twelve month Free Cash Flow growth. While Total ranking has impoved so far to 1324, from total ranking in previous quarter at 1823.

Free Cash Flow TTM Q/Q Growth Statistics
High Average Low
251.06 %
35.05 %
-45.31 %
 

Free Cash Flow TTM Y/Y Growth Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 37
Healthcare Sector # 103
Overall # 1324

Free Cash Flow TTM Y/Y Growth Statistics
High Average Low
251.06 %
35.05 %
-45.31 %
 


Free Cash Flow TTM Q/Q Growth Company Ranking
Within: No.
Industry # 37
Sector # 93
S&P 500 # 1149
Cumulative Free Cash Flow growth Comment
Although Align Technology Inc 's Annual Free Cash Flow growth year on year were below company's average 35.05% , Free Cash Flow announced in the Dec 31 2023 period, show improvement in Free Cash Flow trend, to cumulative trailing twelve month growth of 11.95% year on year, from 3.49% in Sep 30 2023.

In the Healthcare sector 102 other companies have achieved higher trailing twelve month Free Cash Flow growth. While Total ranking has impoved so far to 1324, from total ranking in previous quarter at 1823.

Free Cash Flow TTM Q/Q Growth Statistics
High Average Low
251.06 %
35.05 %
-45.31 %
 


Free Cash Flow TTM Y/Y Growth Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 37
Healthcare Sector # 103
Overall # 1324

Free Cash Flow TTM Y/Y Growth Statistics
High Average Low
251.06 %
35.05 %
-45.31 %
 


Free Cash Flow TTM Q/Q Growth Company Ranking
Within: No.
Industry # 37
Sector # 93
S&P 500 # 1149




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 fall for the quarter ending Dec 31 2023 within Healthcare SectorY/Y Change %Free Cash Flow for the quarter ending Dec 31 2023
Sanofi-2.55%$ -2.546 millions
Inmode Ltd -2.62%$ -2.617 millions
Charles River Laboratories International inc -5.88%$ -5.884 millions
Mettler toledo International Inc -7.29%$ -7.291 millions
Envista Holdings Corporation-7.52%$ -7.525 millions
Bio rad Laboratories Inc -10.37%$ -10.366 millions
Inspire Medical Systems inc -10.39%$ -10.390 millions
Insulet Corporation-10.85%$ -10.848 millions
Laboratory Corporation Of America Holdings-11.32%$ -11.322 millions
Hologic Inc-13.18%$ -13.181 millions
Neurocrine Biosciences Inc -13.64%$ -13.636 millions
Gilead Sciences Inc -15.50%$ -15.504 millions
Bausch Health Companies Inc -17.89%$ -17.895 millions
Koru Medical Systems Inc-17.93%$ -17.932 millions
Progyny Inc -26.90%$ -26.900 millions
Ufp Technologies Inc -29.00%$ -28.997 millions
Enhabit Inc -29.27%$ -29.268 millions
Integra Lifesciences Holdings Corp-31.15%$ -31.153 millions
Cryoport inc -32.07%$ -32.074 millions
Qiagen N v -35.76%$ -35.764 millions
Abbvie inc -36.01%$ -36.012 millions
Regeneron Pharmaceuticals Inc -36.64%$ -36.642 millions
Pfizer Inc-38.94%$ -38.942 millions
Axonics Inc -39.81%$ -39.805 millions
Warby Parker Inc -42.68%$ -42.678 millions
Catalent Inc -47.66%$ -47.664 millions
Intuitive Surgical Inc -47.86%$ -47.865 millions
Incyte Corporation-47.92%$ -47.921 millions
Jazz Pharmaceuticals Plc-51.07%$ -51.066 millions
Edwards Lifesciences Corporation-51.70%$ -51.697 millions




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