Align Technology Inc (ALGN)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 608,959 | 641,204 | 599,057 | 1,012,420 | 378,949 |
| Revenue | US$ in thousands | 3,999,010 | 3,862,260 | 3,734,640 | 3,952,580 | 2,471,940 |
| Pretax margin | 15.23% | 16.60% | 16.04% | 25.61% | 15.33% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $608,959K ÷ $3,999,010K
= 15.23%
To analyze Align Technology Inc's pretax margin over the years, we observe fluctuations in the margin percentage. In 2020, the pretax margin stood at 15.33%, showing a moderate level of profitability. This figure notably increased to 25.61% in 2021, indicating a significant improvement in operational efficiency and cost management strategies. However, in the subsequent years, there was a slight decline in the pretax margin, dropping to 16.04% in 2022 and then to 16.60% in 2023. The company experienced a further decrease to 15.23% in 2024, which could suggest potential challenges in maintaining profitability levels or could be influenced by various internal or external factors impacting the business performance. Overall, despite some fluctuations, Align Technology Inc has generally maintained a reasonable level of pretax margin over the analyzed period.
Peer comparison
Dec 31, 2024