Alkermes Plc (ALKS)

Net 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
Net income (ttm)	US$ in thousands	367,070	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
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
Net profit margin		23.67%	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%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $367,070K ÷ $1,550,854K
= 23.67%

The net profit margin of Alkermes Plc has been fluctuating over the period from March 31, 2020, to December 31, 2024. Initially, the company experienced negative net profit margins, indicating that its expenses were surpassing its revenues, leading to losses.

From the data provided, we observe a trend of improvement in the net profit margin starting from March 31, 2023, turning positive at 7.14%. This positive trend continued to strengthen in subsequent quarters, with significant improvements reaching 23.67% by December 31, 2024.

This upward trajectory in the net profit margin suggests that Alkermes Plc has been able to effectively control its costs, boost its revenue streams, or a combination of both, resulting in healthier profitability levels during the latter part of the period under review. It indicates a positive shift towards increased profitability and operational efficiency for the company.