Alkermes Plc (ALKS)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 29.02% | 26.69% | 33.03% | 30.38% | 37.21% | 34.04% | 19.27% | 21.76% | 22.97% | 27.28% | 30.30% | 31.46% | 31.17% | 30.72% | 28.41% | 26.72% | 15.56% | 12.94% | 13.16% | 10.84% |
| Operating profit margin | 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% | -15.17% |
| 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% |
| Net profit margin | 22.33% | 19.39% | 25.53% | 21.69% | 13.68% | 7.14% | -14.85% | -14.40% | -11.52% | -8.09% | -5.18% | -4.15% | -8.18% | -5.75% | -9.13% | -10.74% | -6.34% | -10.99% | -11.77% | -17.00% |
Alkermes Plc's profitability ratios have fluctuated over the past few quarters. The gross profit margin has ranged from a low of 10.84% in March 2020 to a high of 37.21% in September 2023. The upward trend in gross profit margin from March 2021 to September 2023 indicates improved efficiency in production and cost management.
Similarly, the operating profit margin has shown significant variability, with a low of -15.17% in December 2019 and a high of 34.80% in March 2024. This indicates that Alkermes has been able to control its operating expenses more effectively in some periods compared to others.
The pretax margin has also fluctuated, reaching a low of -17.04% in December 2019 and a high of 20.61% in March 2024. This indicates that the company's ability to generate profit before taxes has varied widely, possibly due to changes in revenue and expenses.
Lastly, the net profit margin shows volatility as well, ranging from -17.00% in December 2020 to 25.53% in March 2024. This indicates that after-tax profitability has been inconsistent, reflecting fluctuations in both revenue and expenses.
Overall, while Alkermes has shown improvements in profitability margins in certain periods, there is still volatility and room for further stability and growth in the company's profitability ratios.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 20.25% | 19.08% | 27.89% | 25.19% | 14.87% | 8.64% | -6.59% | -7.24% | -6.14% | -4.00% | -1.99% | -1.45% | -3.13% | -2.76% | -4.87% | -5.77% | -4.88% | -7.47% | -7.49% | -9.72% |
| Return on assets (ROA) | 15.47% | 13.08% | 20.45% | 16.65% | 9.42% | 4.71% | -8.54% | -8.06% | -6.65% | -4.81% | -3.12% | -2.38% | -4.59% | -3.24% | -5.04% | -5.69% | -3.92% | -7.01% | -7.61% | -10.89% |
| Return on total capital | 19.00% | 15.82% | 24.29% | 18.86% | 14.56% | 7.78% | -11.90% | -11.56% | -10.10% | -6.91% | -4.10% | -2.00% | -5.07% | -3.05% | -5.51% | -6.56% | -3.50% | -7.64% | -8.62% | -13.49% |
| Return on equity (ROE) | 25.80% | 22.49% | 34.62% | 29.58% | 15.84% | 8.04% | -16.33% | -15.16% | -12.38% | -8.70% | -5.73% | -4.33% | -8.36% | -5.72% | -9.00% | -10.39% | -6.78% | -11.90% | -13.06% | -18.11% |
The profitability ratios of Alkermes Plc have shown significant fluctuations over the past few quarters. The Operating Return on Assets (Operating ROA) has been improving steadily, reaching 20.25% in September 2024, indicating that the company is generating a higher operating profit relative to its total assets compared to previous periods.
Return on Assets (ROA) has also shown an upward trend, standing at 15.47% in September 2024, demonstrating the company's ability to generate profit from its assets. However, the ratio tends to be lower than the Operating ROA, indicating that non-operating factors may be impacting the overall profitability.
Return on Total Capital has followed a similar pattern of improvement, reaching 19.00% in September 2024. This ratio reflects the company's ability to generate returns for both equity and debt holders on their invested capital.
Return on Equity (ROE) has been volatile but generally increasing, standing at 25.80% in September 2024. This suggests that the company is efficiently utilizing shareholder equity to generate profits, although the ratio has fluctuated significantly over the periods analyzed.
Overall, the profitability ratios of Alkermes Plc show a positive trend in profitability and operational efficiency, with a focus on maximizing returns for investors. However, the company may need to maintain consistency in its performance to ensure sustainable profitability in the long run.