Alkermes Plc (ALKS)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 375,615 | 547,001 | 492,720 | 293,563 | 189,074 | -126,652 | -142,265 | -119,300 | -78,318 | -39,440 | -29,287 | -62,399 | -53,407 | -91,489 | -112,427 | -91,632 | -134,586 | -136,848 | -175,479 | -165,525 |
| 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 |
| Operating profit margin | 25.22% | 32.14% | 30.05% | 18.70% | 13.10% | -11.46% | -12.94% | -10.65% | -6.73% | -3.31% | -2.52% | -5.57% | -4.89% | -8.83% | -10.89% | -7.90% | -11.71% | -11.60% | -15.17% | -15.65% |
June 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $375,615K ÷ $1,489,378K
= 25.22%
The operating profit margin of Alkermes Plc has shown fluctuations over the past few quarters.
In the most recent quarter ending June 30, 2024, the operating profit margin was 25.22%, indicating that for every dollar of revenue generated, the company retained $0.2522 as operating profit.
The operating profit margin has improved from the negative figures reported in the first quarter of 2023 to the positive percentages seen in more recent quarters. This improvement suggests that the company has been able to better control its operating expenses relative to its revenue.
However, there have been periods of volatility in the operating profit margin, with fluctuations observed in different quarters. For instance, the operating profit margin dipped into negative territory in the first two quarters of 2023 before significantly recovering and stabilizing in subsequent quarters.
Overall, the trend in the operating profit margin indicates that Alkermes Plc has made efforts to enhance operational efficiency and profitability, although some quarters have shown more challenges than others. Monitoring this metric over time will be crucial to assess the company's ability to sustain and improve its profitability levels.
Peer comparison
Jun 30, 2024