Alkermes Plc (ALKS)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 420,636 | 414,122 | -6,089 | -29,287 | -112,427 |
| Revenue | US$ in thousands | 1,556,830 | 1,639,870 | 1,099,460 | 1,162,060 | 1,032,500 |
| Operating profit margin | 27.02% | 25.25% | -0.55% | -2.52% | -10.89% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $420,636K ÷ $1,556,830K
= 27.02%
The operating profit margin of Alkermes Plc has shown a fluctuating trend over the years based on the data provided.
In December 31, 2020, the operating profit margin was at a negative 10.89%, indicating that the company's operating expenses were high relative to its revenue, resulting in a loss from its core operations.
By December 31, 2021, the operating profit margin improved to a less negative 2.52%, suggesting that the company was able to control its operating costs better compared to the previous year.
Continuing the upward trend, by December 31, 2022, the operating profit margin further decreased to a negative 0.55%, indicating a gradual improvement in the company's operational efficiency.
The trend changed significantly by December 31, 2023, where the operating profit margin turned positive, reaching 25.25%. This suggests that Alkermes Plc was able to effectively manage its operating expenses and generate substantial profits from its core business activities.
Furthermore, in December 31, 2024, the positive trend continued with an operating profit margin of 27.02%, indicating the company's continued focus on operational efficiency and profitability.
Overall, the data reflects a turnaround in Alkermes Plc's operating profit margin from negative figures to positive territory, showcasing the company's efforts in improving its operational performance and financial health in recent years.
Peer comparison
Dec 31, 2024