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ALGN vs. ELV: Align vs. Elevance Health Stock Comparison

How do Align (ALGN) and Elevance Health (ELV) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Align (ALGN) and Elevance Health (ELV) both fall under the Health Care Equipment & Services industry group, but ALGN is classified in Health Care Equipment & Supplies while ELV is classified in Health Care Providers & Services.

Company profile comparison for Align (ALGN) and Elevance Health (ELV)
Profile ItemALGNELV
NameAlign Technology Inc.Elevance Health, Inc.
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & SuppliesHealth Care Providers & Services
GICS Sub-IndustryHealth Care SuppliesManaged Health Care
Market Capitalization11.70 billion USD91.96 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJanuary 30, 2001October 30, 2001
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ALGN
ELV
GSPC
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Align (ALGN) vs. Elevance Health (ELV), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Align (ALGN) and Elevance Health (ELV). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Align (ALGN) and Elevance Health (ELV). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Align (ALGN) and Elevance Health (ELV)
MetricALGNELV
Total Return (1Y)27.43%35.51%
Total Return (3Y, Annualized)-2.84%-0.68%
Total Return (5Y, Annualized)-24.73%1.10%

Risk Profile

Drawdown History

ALGN
ELV
GSPC
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Align (ALGN) vs. Elevance Health (ELV), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Align (ALGN) and Elevance Health (ELV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Align (ALGN) has an aggressive beta of 1.67, indicating higher sensitivity to broad-market moves, while Elevance Health (ELV) is defensive at 0.61 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk profile metrics for Align (ALGN) and Elevance Health (ELV)
MetricALGNELV
Volatility (1Y, Annualized)40.49%35.05%
Beta (5Y)1.670.61
Max Drawdown (5Y)-82.44%-50.38%
Avg. Volume (3M)942.14K1.19M

Risk-Adjusted Performance

Risk-Return Positioning

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ALGN and ELV are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Align (ALGN) and Elevance Health (ELV)
MetricALGNELV
Sharpe Ratio (1Y)0.570.89
Sortino Ratio (1Y)0.891.25

Profitability

ROE (TTM)

Both Align (ALGN) at 11.91% and Elevance Health (ELV) at 11.48% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

ALGN

Health Care Equipment & Services industry group

11.91%

Max
47.61%
Q3
14.36%
ALGN
11.91%
Median
5.45%
Q1
-10.67%
Min
-47.01%

ELV

Health Care Equipment & Services industry group

11.48%

Max
47.61%
Q3
14.36%
ELV
11.48%
Median
5.45%
Q1
-10.67%
Min
-47.01%
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Align (ALGN) vs. Elevance Health (ELV): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Align (ALGN) at 11.83% retains a top-quartile share of revenue as profit, ahead of Elevance Health (ELV) at 2.55%, which keeps about the industry-typical share.

ALGN

Health Care Equipment & Services industry group

11.83%

Max
29.35%
ALGN
11.83%
Q3
9.33%
Median
2.18%
Q1
-6.29%
Min
-28.46%

ELV

Health Care Equipment & Services industry group

2.55%

Max
29.35%
Q3
9.33%
ELV
2.55%
Median
2.18%
Q1
-6.29%
Min
-28.46%
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Align (ALGN) vs. Elevance Health (ELV): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Align (ALGN) at 20.13% operates in the top operating margin quartile, ahead of Elevance Health (ELV) at 4.22%, which runs around its industry’s norm.

ALGN

Health Care Equipment & Services industry group

20.13%

Max
35.43%
ALGN
20.13%
Q3
14.14%
Median
6.81%
Q1
-0.28%
Min
-16.29%

ELV

Health Care Equipment & Services industry group

4.22%

Max
35.43%
Q3
14.14%
Median
6.81%
ELV
4.22%
Q1
-0.28%
Min
-16.29%
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Align (ALGN) vs. Elevance Health (ELV): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Align (ALGN) and Elevance Health (ELV)
MetricALGNELV
ROE (TTM)11.91%11.48%
ROA (TTM)8.01%4.01%
Net Margin (TTM)11.83%2.55%
Operating Margin (TTM)20.13%4.22%
Gross Margin (TTM)71.53%26.43%

Growth

Revenue Growth

Elevance Health (ELV) at 12.62% is around its peer norm for revenue growth, while Align (ALGN) at 0.90% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Align (ALGN) vs. Elevance Health (ELV): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Align (ALGN) at 0.53% and Elevance Health (ELV) at -1.83% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Align (ALGN) vs. Elevance Health (ELV): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Align (ALGN) and Elevance Health (ELV)
MetricALGNELV
Revenue Growth (YoY)0.90%12.62%
Revenue Growth (3Y CAGR)2.61%8.34%
EPS Growth (YoY)0.53%-1.83%
EPS Growth (3Y CAGR)7.02%0.53%

Financial Strength

Current Ratio (MRQ)

Both Align (ALGN) at 1.43 and Elevance Health (ELV) at 1.47 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

ALGN

Health Care Equipment & Services industry group

1.43

Max
7.59
Q3
4.00
Median
1.98
ALGN
1.43
Q1
1.37
Min
0.30

ELV

Health Care Equipment & Services industry group

1.47

Max
7.59
Q3
4.00
Median
1.98
ELV
1.47
Q1
1.37
Min
0.30
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Align (ALGN) vs. Elevance Health (ELV): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Align (ALGN) at 0.03 keeps leverage in the lower industry quartile, while Elevance Health (ELV) at 0.69 runs a more typical debt-to-equity mix.

ALGN

Health Care Equipment & Services industry group

0.03

Max
1.88
Q3
0.91
Median
0.58
Q1
0.16
ALGN
0.03
Min
0.00

ELV

Health Care Equipment & Services industry group

0.69

Max
1.88
Q3
0.91
ELV
0.69
Median
0.58
Q1
0.16
Min
0.00
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Align (ALGN) vs. Elevance Health (ELV): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Align (ALGN) and Elevance Health (ELV)
MetricALGNELV
Current Ratio (MRQ)1.431.47
Debt / Equity (MRQ)0.030.69
Net Debt / EBITDA-1.04-0.81

Dividends

Dividend Yield (TTM)

Align (ALGN) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Elevance Health (ELV) reports a yield of 1.59%, ranking against industry peers normally.

ALGN

Health Care Equipment & Services industry group

0.00%

ALGN
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

ELV

Health Care Equipment & Services industry group

1.59%

ELV
1.59%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Align (ALGN) vs. Elevance Health (ELV): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Align (ALGN) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Elevance Health (ELV) reports a payout of 29.17%, ranking against industry peers normally.

ALGN

Health Care Equipment & Services industry group

0.00%

ALGN
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

ELV

Health Care Equipment & Services industry group

29.17%

ELV
29.17%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Align (ALGN) vs. Elevance Health (ELV): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Align (ALGN) and Elevance Health (ELV)
MetricALGNELV
Dividend Yield (TTM)0.00%1.59%
Dividend Payout Ratio (TTM)0.00%29.17%

Valuation

P/E Ratio (TTM)

Elevance Health (ELV) at 18.07 sits in the cheaper P/E ratio quartile, while Align (ALGN) at 24.20 is closer to its industry’s usual earnings multiple — a discount for ELV, though growth and earnings durability still matter.

ALGN

Health Care Equipment & Services industry group

24.20

Max
80.41
Q3
47.62
Median
29.93
ALGN
24.20
Q1
21.19
Min
4.21

ELV

Health Care Equipment & Services industry group

18.07

Max
80.41
Q3
47.62
Median
29.93
Q1
21.19
ELV
18.07
Min
4.21
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Align (ALGN) vs. Elevance Health (ELV): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

Elevance Health (ELV) at 0.46 sits in the cheaper P/S ratio quartile while Align (ALGN) at 2.81 prices around its industry’s middle — ELV costs less per dollar of sales, though read it alongside growth and margins.

ALGN

Health Care Equipment & Services industry group

2.81

Max
8.80
Q3
4.32
ALGN
2.81
Median
2.13
Q1
1.10
Min
0.03

ELV

Health Care Equipment & Services industry group

0.46

Max
8.80
Q3
4.32
Median
2.13
Q1
1.10
ELV
0.46
Min
0.03
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Align (ALGN) vs. Elevance Health (ELV): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Align (ALGN) at 2.73 and Elevance Health (ELV) at 2.06 are valued close to their industries’ norm against book — neither stands out from peers.

ALGN

Health Care Equipment & Services industry group

2.73

Max
11.68
Q3
6.12
Median
3.00
ALGN
2.73
Q1
1.73
Min
-1.31

ELV

Health Care Equipment & Services industry group

2.06

Max
11.68
Q3
6.12
Median
3.00
ELV
2.06
Q1
1.73
Min
-1.31
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Align (ALGN) vs. Elevance Health (ELV): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Align (ALGN) and Elevance Health (ELV)
MetricALGNELV
P/E Ratio (TTM)24.2018.07
P/S Ratio (TTM)2.810.46
P/B Ratio (MRQ)2.732.06
Free Cash Flow Yield (TTM)4.90%8.69%