Alkermes Plc (ALKS)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 438,682 | 258,119 | -167,304 | -39,306 | -96,537 |
| Revenue | US$ in thousands | 1,556,830 | 1,639,870 | 1,099,460 | 1,162,060 | 1,032,500 |
| Pretax margin | 28.18% | 15.74% | -15.22% | -3.38% | -9.35% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $438,682K ÷ $1,556,830K
= 28.18%
Based on the data provided, the pretax margin of Alkermes Plc has shown variability over the years. In December 31, 2020, the pretax margin was -9.35%, indicating that the company incurred more operating expenses and taxes relative to its revenue. However, by December 31, 2021, the pretax margin improved to -3.38%, suggesting some progress in controlling costs.
In December 31, 2022, the pretax margin worsened to -15.22%, potentially indicating challenges faced by the company in managing its expenses. The trend shifted significantly by December 31, 2023, as the pretax margin soared to 15.74%, signifying a strong improvement in efficiency and profitability.
By December 31, 2024, the pretax margin further grew to 28.18%, showcasing a remarkable growth and enhanced profitability for Alkermes Plc. Overall, the company's pretax margin has experienced fluctuations, highlighting the importance of cost management and operational efficiency in driving financial performance.
Peer comparison
Dec 31, 2024