Alkermes Plc (ALKS)

Operating 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
Operating income (ttm)	US$ in thousands	420,636	436,523	420,961	592,347	538,066	338,909	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
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
Operating profit margin		27.12%	29.25%	28.26%	34.80%	32.81%	21.59%	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%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $420,636K ÷ $1,550,854K
= 27.12%

The operating profit margin of Alkermes Plc has shown a notable improvement over the past few quarters. From March 31, 2020, to June 30, 2024, the operating profit margin fluctuated significantly, starting at negative double-digit percentages and gradually progressing to positive percentages in the most recent periods.

The trend indicates that the company has been able to enhance its operational efficiency and generate more profit from its core business activities. This improvement suggests better cost management, increased revenue, or a combination of both. Specifically, the operating profit margin saw substantial growth from September 30, 2022, onwards, reaching a peak of 34.80% by March 31, 2024.

Overall, the more recent data points indicate a positive trajectory for Alkermes Plc's operating profitability, reflecting positively on the company's financial performance and potentially signaling a stronger position in the market.