Alkermes Plc (ALKS)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 367,070 | 355,757 | -158,267 | -48,169 | -110,861 |
| Revenue | US$ in thousands | 1,556,830 | 1,639,870 | 1,099,460 | 1,162,060 | 1,032,500 |
| Net profit margin | 23.58% | 21.69% | -14.39% | -4.15% | -10.74% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $367,070K ÷ $1,556,830K
= 23.58%
Based on the data provided, the net profit margin of Alkermes Plc has shown fluctuating performance over the years. In 2020, the company had a negative net profit margin of -10.74%, indicating that for every dollar of revenue generated, the company incurred a net loss of $0.1074.
However, there was an improvement in 2021 with the net profit margin improving to -4.15%, suggesting a reduction in losses compared to the previous year.
In 2022, the net profit margin worsened to -14.39%, indicating a higher level of losses relative to revenue.
The financial performance turned around significantly in 2023 and 2024, with the net profit margin being positive at 21.69% and 23.58%, respectively. This positive trend indicates that for every dollar of revenue generated, the company earned a profit of $0.2169 in 2023 and $0.2358 in 2024.
Overall, the fluctuating net profit margins reflect the varying profitability levels of Alkermes Plc over the years, highlighting the importance of continuous monitoring and analysis of financial performance metrics.
Peer comparison
Dec 31, 2024