Alkermes Plc (ALKS)
Pretax margin
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 286,852 | 224,432 | 350,766 | 258,119 | 217,571 | 102,842 | -170,161 | -167,304 | -145,389 | -104,556 | -65,651 | -39,306 | -81,179 | -52,452 | -83,865 | -96,537 | -57,448 | -113,501 | -128,129 | -197,056 |
| Revenue (ttm) | US$ in thousands | 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 | 1,156,446 |
| Pretax margin | 19.22% | 15.07% | 20.61% | 15.74% | 13.86% | 7.12% | -15.39% | -15.22% | -12.97% | -8.99% | -5.51% | -3.38% | -7.24% | -4.80% | -8.09% | -9.35% | -4.95% | -9.88% | -10.86% | -17.04% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $286,852K ÷ $1,492,589K
= 19.22%
The pretax margin of Alkermes Plc has exhibited fluctuations over the past few quarters. The pretax margin shows the proportion of revenue that remains as profit before taxes are deducted.
In the most recent quarter, ending Sep 30, 2024, the pretax margin increased to 19.22%, indicating that for every dollar of revenue generated, the company retained approximately $0.19 as profit before taxes.
Historically, the company's pretax margin has varied significantly, ranging from negative values to positive values. The highest pretax margin in recent quarters was observed in Mar 31, 2024, at 20.61%, suggesting improved profitability during that period.
On the other hand, there have been periods of negative pretax margins, indicating that the company's expenses exceeded its revenue, resulting in losses before taxes were taken into account.
Overall, the trend in the pretax margin suggests that Alkermes Plc has experienced fluctuations in profitability over the past few quarters, with some periods showing improved profitability while others have witnessed challenges in generating profits before accounting for taxes.
Peer comparison
Sep 30, 2024