Seek Returns

ALGN vs. EW: Align vs. Edwards Lifesciences Stock Comparison

How do Align (ALGN) and Edwards Lifesciences (EW) 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 Edwards Lifesciences (EW) both belong to the Health Care Equipment & Supplies industry, though ALGN is classified under Health Care Supplies while EW falls under Health Care Equipment.

Company profile comparison for Align (ALGN) and Edwards Lifesciences (EW)
Profile ItemALGNEW
NameAlign Technology Inc.Edwards Lifesciences Corporation
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & SuppliesHealth Care Equipment & Supplies
GICS Sub-IndustryHealth Care SuppliesHealth Care Equipment
Market Capitalization11.70 billion USD58.73 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJanuary 30, 2001March 27, 2000
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ALGN
EW
GSPC
Loading price history…
Align (ALGN) vs. Edwards Lifesciences (EW), 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

Loading price history…
Trailing total returns for Align (ALGN) and Edwards Lifesciences (EW). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Align (ALGN) and Edwards Lifesciences (EW). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Align (ALGN) and Edwards Lifesciences (EW)
MetricALGNEW
Total Return (1Y)27.43%25.08%
Total Return (3Y, Annualized)-2.84%17.28%
Total Return (5Y, Annualized)-24.73%-2.77%

Risk Profile

Drawdown History

ALGN
EW
GSPC
Loading price history…
Align (ALGN) vs. Edwards Lifesciences (EW), 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

Loading price history…
Distribution of monthly total returns for Align (ALGN) and Edwards Lifesciences (EW). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Align (ALGN) and Edwards Lifesciences (EW)
MetricALGNEW
Volatility (1Y, Annualized)40.49%25.58%
Beta (5Y)1.670.78
Max Drawdown (5Y)-82.44%-54.32%
Avg. Volume (3M)942.14K3.69M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
ALGN and EW 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 Edwards Lifesciences (EW)
MetricALGNEW
Sharpe Ratio (1Y)0.570.81
Sortino Ratio (1Y)0.891.23

Profitability

ROE (TTM)

Both Align (ALGN) at 11.91% and Edwards Lifesciences (EW) at 9.33% 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%

EW

Health Care Equipment & Services industry group

9.33%

Max
47.61%
Q3
14.36%
EW
9.33%
Median
5.45%
Q1
-10.67%
Min
-47.01%
Loading chart…
Align (ALGN) vs. Edwards Lifesciences (EW): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Align (ALGN) at 11.83% and Edwards Lifesciences (EW) at 15.30% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

EW

Health Care Equipment & Services industry group

15.30%

Max
29.35%
EW
15.30%
Q3
9.33%
Median
2.18%
Q1
-6.29%
Min
-28.46%
Loading chart…
Align (ALGN) vs. Edwards Lifesciences (EW): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Both Align (ALGN) at 20.13% and Edwards Lifesciences (EW) at 30.15% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

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%

EW

Health Care Equipment & Services industry group

30.15%

Max
35.43%
EW
30.15%
Q3
14.14%
Median
6.81%
Q1
-0.28%
Min
-16.29%
Loading chart…
Align (ALGN) vs. Edwards Lifesciences (EW): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Align (ALGN) and Edwards Lifesciences (EW)
MetricALGNEW
ROE (TTM)11.91%9.33%
ROA (TTM)8.01%8.77%
Net Margin (TTM)11.83%15.30%
Operating Margin (TTM)20.13%30.15%
Gross Margin (TTM)71.53%78.02%

Growth

Revenue Growth

Edwards Lifesciences (EW) at 11.55% 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.

Loading chart…
Align (ALGN) vs. Edwards Lifesciences (EW): A comparison of their Revenue Growth across different time periods.

EPS Growth

Align (ALGN) at 0.53% is around its peer norm for EPS growth, while Edwards Lifesciences (EW) at -73.74% drops into the bottom quartile, signaling weaker earnings momentum.

Loading chart…
Align (ALGN) vs. Edwards Lifesciences (EW): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Align (ALGN) and Edwards Lifesciences (EW)
MetricALGNEW
Revenue Growth (YoY)0.90%11.55%
Revenue Growth (3Y CAGR)2.61%10.77%
EPS Growth (YoY)0.53%-73.74%
EPS Growth (3Y CAGR)7.02%-9.14%

Financial Strength

Current Ratio (MRQ)

Align (ALGN) at 1.43 keeps current ratio within its industry’s typical mid-range, while Edwards Lifesciences (EW) at 4.60 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets 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

EW

Health Care Equipment & Services industry group

4.60

Max
7.59
EW
4.60
Q3
4.00
Median
1.98
Q1
1.37
Min
0.30
Loading chart…
Align (ALGN) vs. Edwards Lifesciences (EW): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Both Align (ALGN) at 0.03 and Edwards Lifesciences (EW) at 0.06 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

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

EW

Health Care Equipment & Services industry group

0.06

Max
1.88
Q3
0.91
Median
0.58
Q1
0.16
EW
0.06
Min
0.00
Loading chart…
Align (ALGN) vs. Edwards Lifesciences (EW): 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 Edwards Lifesciences (EW)
MetricALGNEW
Current Ratio (MRQ)1.434.60
Debt / Equity (MRQ)0.030.06
Net Debt / EBITDA-1.04-1.88

Dividends

Dividend Yield (TTM)

Neither Align (ALGN) nor Edwards Lifesciences (EW) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

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%

EW

Health Care Equipment & Services industry group

0.00%

EW
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Align (ALGN) vs. Edwards Lifesciences (EW): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Align (ALGN) nor Edwards Lifesciences (EW) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

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%

EW

Health Care Equipment & Services industry group

0.00%

EW
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Align (ALGN) vs. Edwards Lifesciences (EW): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Align (ALGN) and Edwards Lifesciences (EW)
MetricALGNEW
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Align (ALGN) at 24.20 is near its industry’s usual P/E ratio, while Edwards Lifesciences (EW) at 59.38 sits in the richer quartile — EW needs stronger growth or earnings quality to justify the premium.

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

EW

Health Care Equipment & Services industry group

59.38

Max
80.41
EW
59.38
Q3
47.62
Median
29.93
Q1
21.19
Min
4.21
Loading chart…
Align (ALGN) vs. Edwards Lifesciences (EW): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

Align (ALGN) at 2.81 is priced about in line with its industry on P/S ratio, while Edwards Lifesciences (EW) at 8.80 sits in the pricier quartile — EW costs more per dollar of sales.

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

EW

Health Care Equipment & Services industry group

8.80

EW
8.80
Max
8.80
Q3
4.32
Median
2.13
Q1
1.10
Min
0.03
Loading chart…
Align (ALGN) vs. Edwards Lifesciences (EW): 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 Edwards Lifesciences (EW) at 5.41 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

EW

Health Care Equipment & Services industry group

5.41

Max
11.68
Q3
6.12
EW
5.41
Median
3.00
Q1
1.73
Min
-1.31
Loading chart…
Align (ALGN) vs. Edwards Lifesciences (EW): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Align (ALGN) and Edwards Lifesciences (EW)
MetricALGNEW
P/E Ratio (TTM)24.2059.38
P/S Ratio (TTM)2.818.80
P/B Ratio (MRQ)2.735.41
Free Cash Flow Yield (TTM)4.90%1.95%