Alkermes Plc (ALKS)
Net profit margin
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 333,346 | 288,723 | 434,430 | 355,757 | 214,724 | 102,992 | -164,209 | -158,267 | -129,140 | -94,154 | -61,654 | -48,169 | -91,684 | -62,830 | -94,625 | -110,861 | -73,573 | -126,317 | -138,876 | -196,620 |
| Revenue (ttm) | US$ in thousands | 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 | 1,156,446 |
| Net profit margin | 22.33% | 19.39% | 25.53% | 21.69% | 13.68% | 7.14% | -14.85% | -14.40% | -11.52% | -8.09% | -5.18% | -4.15% | -8.18% | -5.75% | -9.13% | -10.74% | -6.34% | -10.99% | -11.77% | -17.00% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $333,346K ÷ $1,492,589K
= 22.33%
The net profit margin of Alkermes Plc has exhibited fluctuations over the past several quarters.
In the most recent quarter, ending September 30, 2024, the net profit margin stood at 22.33%, showing a strong performance in generating profits relative to its revenues. This indicates that the company was able to effectively control its costs and expenses to maximize its bottom line.
Looking back at historical data, there has been variability in the net profit margin. The company saw a dip in profitability in the previous quarter, June 30, 2024, with a net profit margin of 19.39%. However, the margin rebounded in the current quarter, signaling improved financial performance.
Over the past few years, Alkermes Plc experienced periods of negative net profit margins, notably in the early quarters of 2023 and 2022. This suggests challenges in cost management and revenue generation during those periods.
Overall, the upward trend in the net profit margin in recent quarters indicates a positive trajectory for profitability, although the company has faced periods of volatility and challenges in the past. Monitoring future financial reports will be essential to assess the sustainability of this positive trend.
Peer comparison
Sep 30, 2024