Alkermes Plc (ALKS)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 665,162 | 655,427 | 239,200 | 365,549 | 275,854 |
| Revenue | US$ in thousands | 1,556,830 | 1,639,870 | 1,099,460 | 1,162,060 | 1,032,500 |
| Gross profit margin | 42.73% | 39.97% | 21.76% | 31.46% | 26.72% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $665,162K ÷ $1,556,830K
= 42.73%
The gross profit margin of Alkermes Plc has displayed fluctuations over the years, ranging from 21.76% in December 31, 2022, to a peak of 42.73% by December 31, 2024. This indicates varying levels of efficiency in producing goods and services during the period under review. The company experienced a significant improvement in its gross profit margin from December 31, 2023, to December 31, 2024, suggesting potential enhancements in cost management or revenue generation. However, it would be essential to further investigate the underlying factors contributing to these fluctuations to assess the overall financial health and operational effectiveness of Alkermes Plc.
Peer comparison
Dec 31, 2024