Alkermes Plc (ALKS)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	659,184	433,122	397,456	562,221	498,134	584,032	491,287	213,037	239,200	257,354	317,432	360,872	365,549	349,358	335,545	294,497	275,854	180,593	148,756	155,309
Revenue (ttm)	US$ in thousands	1,550,854	1,492,589	1,489,378	1,701,960	1,639,873	1,569,557	1,443,430	1,105,567	1,099,455	1,120,608	1,163,507	1,190,967	1,162,061	1,120,829	1,092,326	1,036,423	1,032,497	1,160,605	1,149,262	1,180,207
Gross profit margin		42.50%	29.02%	26.69%	33.03%	30.38%	37.21%	34.04%	19.27%	21.76%	22.97%	27.28%	30.30%	31.46%	31.17%	30.72%	28.41%	26.72%	15.56%	12.94%	13.16%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $659,184K ÷ $1,550,854K
= 42.50%

The gross profit margin of Alkermes Plc has shown fluctuations over the past few years, ranging from as low as 12.94% in June 2020 to as high as 42.50% in December 2024. The trend in the gross profit margin indicates some volatility with both increasing and decreasing margins observed throughout the periods.

Specifically, there was a gradual improvement in the gross profit margin from March 2021 to December 2021, reaching a peak of 31.46%. However, the margin saw a slight decline in the following periods, dropping to 21.76% by December 2022. Notably, there was a significant increase in the gross profit margin in June 2023, reaching 34.04%, followed by a further jump to 37.21% by September 2023.

The gross profit margin reached the highest level of 42.50% in December 2024, indicating a strong performance in profitability during that period. Overall, the company seems to have experienced some fluctuations in its gross profit margin, but the general trend shows a mix of both positive growth and temporary declines in profitability over the analyzed periods.