Align Technology, Inc. vs Dolby Laboratories, Inc. — how do they compare? Align Technology, Inc. trades at $172.77 (market cap $12.29B), while Dolby Laboratories, Inc. trades at $60.9 (market cap $5.75B). The key difference: Align Technology, Inc. is far larger — about 2.1× Dolby Laboratories, Inc.'s market cap, and Dolby Laboratories, Inc. pays a 2.35% dividend while Align Technology, Inc. pays none. Which is the better fit depends on your goals.
| ALGN | DLB | |
|---|---|---|
Market Cap | $12.29B | $5.75B |
Sector | Health | Industrials |
52-Week High | $197.51 | $75.62 |
52-Week Low | $124.88 | $48.51 |
Enterprise Value | $11.30B | $5.12B |
Dividend Yield | — | 2.35% |
Trailing returns across standard periods
Align is the leading manufacturer of clear dental aligners globally, having pioneered the technology with the introduction of its Invisalign branded aligners in 1998. Since then, Invisalign has become a household name, having treated over 10 million patients with malocclusion (misaligned teeth) through orthodontist and dentist-guided treatment plans. The company maintains dominant market share of clear aligners, despite the introduction of direct-to-consumer competitors upon the expiration of key patents that began in 2017. Align also manufactures intraoral scanners (iTero), used for orthodontic treatment and restorative dental procedures (digital models for crowns, veneers, and implants).
Read more on ALGN →Dolby Laboratories Inc develops audio and surround sound for cinema, broadcast, home audio systems, in-car entertainment systems, DVD players, games, televisions, and personal computers. The company generates three fourths of its revenue from licensing its technology to consumer electronics manufacturers around the world. The rest of revenue comes from equipment sales to professional producers and audio engineering services.
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