Align Technology Inc (ALGN)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 607,628 | 643,338 | 642,595 | 976,400 | 293,633 |
| Revenue | US$ in thousands | 3,999,010 | 3,862,260 | 3,734,640 | 3,952,580 | 2,471,940 |
| Operating profit margin | 15.19% | 16.66% | 17.21% | 24.70% | 11.88% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $607,628K ÷ $3,999,010K
= 15.19%
Based on the data provided, Align Technology Inc's operating profit margin has displayed fluctuations over the past five years. The operating profit margin increased significantly from 11.88% as of December 31, 2020, to 24.70% as of December 31, 2021, indicating improved efficiency in generating profits from operations.
However, in the subsequent years, there was a slight decline in the operating profit margin, reaching 17.21% as of December 31, 2022, followed by a further decrease to 16.66% as of December 31, 2023. This may suggest potential challenges or increased costs impacting the company's profitability during these periods.
As of December 31, 2024, the operating profit margin stood at 15.19%, continuing the downward trend observed in the preceding years. It is essential for Align Technology Inc to closely monitor and address the factors influencing its operating profit margin to ensure sustainable profitability and operational efficiency in the future.
Peer comparison
Dec 31, 2024