Alkermes Plc (ALKS)
Net profit margin
| 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 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | -200,979 |
| Revenue (ttm) | US$ in thousands | 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 | 1,057,796 |
| Net profit margin | 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% | -19.00% |
June 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $288,723K ÷ $1,489,378K
= 19.39%
The net profit margin of Alkermes Plc has shown fluctuations over the past several quarters. In the most recent quarter, the net profit margin was 19.39%, indicating that for every dollar of revenue generated, the company retained $0.1939 as net profit. This represents a positive trend compared to the previous quarters, where the net profit margin ranged from negative figures to relatively lower positive margins.
It is worth noting that the net profit margin was notably negative in the quarters ending March 31, 2021, and December 31, 2022, which may indicate challenges or one-off events affecting profitability during those periods. The substantial improvement in profitability since then suggests that the company has taken steps to enhance its operational efficiency and profitability.
Overall, the increasing trend in the net profit margin reflects positively on Alkermes Plc's ability to control costs, manage expenses, and generate profits from its operations. However, it is essential to continue monitoring this ratio to assess the company's long-term profitability sustainability.
Peer comparison
Jun 30, 2024