We introduce a new family of neural network models called Convolutional Dynamic Alignment Networks (CoDA-Nets), which are performant classifiers with a high degree of inherent interpretability. Their core building blocks are Dynamic Alignment Units (DAUs), which linearly transform their input with weight vectors that dynamically align with task-relevant patterns. As a result, CoDA-Nets model the classification prediction through a series of input-dependent linear transformations, allowing for linear decomposition of the output into individual input contributions. Given the alignment of the DAUs, the resulting contribution maps align with discriminative input patterns. These model-inherent decompositions are of high visual quality and outperform existing attribution methods under quantitative metrics. Further, CoDA-Nets constitute performant classifiers, achieving on par results to ResNet and VGG models on e.g. CIFAR-10 and TinyImagenet.