• Align Technology average return on tangible equity for 2023 was 11.53, a 35.26% increase from 2022.
• Align Technology average return on tangible equity for 2022 was 17.81, a 25.82% decline from 2021.
• Align Technology average return on tangible equity for 2021 was 24.01, a 72.79% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.