Align Technology Inc (ALGN) — Capital Reinvestment Ratio
Align Technology Inc (ALGN) has a Capital Reinvestment Ratio of 0.20x as of March 2026, meaning it reinvests 0% of its operating cash flow ($151.04 Million) in capital expenditures ($30.79 Million). Check Align Technology Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Align Technology Inc Capital Reinvestment Ratio (2003–2025)
This chart tracks Align Technology Inc's Capital Reinvestment Ratio across 22 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Align Technology Inc.
Annual Capital Reinvestment Ratio for Align Technology Inc (2003–2025)
Year-by-year Capital Reinvestment Ratio for Align Technology Inc from 2003 to 2025. See free cash flow generation of Align Technology Inc to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.17x | $593.22 Million | $102.44 Million | ▲ +10.3% |
| 2024 | 0.16x | $738.23 Million | $115.58 Million | ▼ -30.8% |
| 2023 | 0.23x | $785.78 Million | $177.72 Million | ▼ -55.9% |
| 2022 | 0.51x | $568.73 Million | $291.90 Million | ▲ +50.0% |
| 2021 | 0.34x | $1.17 Billion | $401.10 Million | ▲ +46.2% |
| 2020 | 0.23x | $662.17 Million | $154.92 Million | ▲ +16.8% |
| 2019 | 0.20x | $747.27 Million | $149.71 Million | ▼ -50.2% |
| 2018 | 0.40x | $554.68 Million | $223.31 Million | ▼ -9.8% |
| 2017 | 0.45x | $438.54 Million | $195.69 Million | ▲ +56.6% |
| 2016 | 0.28x | $247.65 Million | $70.58 Million | ▲ +26.9% |
| 2015 | 0.22x | $238.00 Million | $53.45 Million | ▲ +111.5% |
| 2014 | 0.11x | $226.90 Million | $24.09 Million | ▲ +1.7% |
| 2013 | 0.10x | $185.98 Million | $19.41 Million | ▼ -63.6% |
| 2012 | 0.29x | $133.78 Million | $38.33 Million | ▲ +23.0% |
| 2011 | 0.23x | $130.47 Million | $30.40 Million | ▲ +67.4% |
| 2010 | 0.14x | $129.53 Million | $18.03 Million | ▲ +43.5% |
| 2009 | 0.10x | $74.17 Million | $7.19 Million | ▼ -73.1% |
| 2008 | 0.36x | $39.75 Million | $14.33 Million | ▲ +156.2% |
| 2007 | 0.14x | $52.78 Million | $7.43 Million | ▼ -83.6% |
| 2005 | 0.86x | $16.09 Million | $13.80 Million | ▲ +132.5% |
| 2004 | 0.37x | $24.56 Million | $9.06 Million | ▼ -41.0% |
| 2003 | 0.63x | $12.12 Million | $7.58 Million | — |