Alkermes Plc (ALKS)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 42.50% | 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% |
| 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% |
| Pretax margin | 28.28% | 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% |
| Net profit margin | 23.67% | 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% |
Alkermes Plc's profitability ratios have shown fluctuations over the years.
1. Gross Profit Margin: The trend in the gross profit margin has been volatile, ranging from a low of 12.94% in June 2020 to a high of 42.50% in December 2024. The average gross profit margin over the period has been relatively healthy, indicating the company's ability to effectively manage its production costs and generate profits from its core operations.
2. Operating Profit Margin: Alkermes Plc had negative operating profit margins in most quarters up to December 2023, with the lowest point being -12.94% in December 2022. However, from March 2023 onwards, there was a significant improvement, with margins turning positive and reaching 27.12% by December 2024. This positive trend suggests that the company has successfully controlled its operating expenses and improved operational efficiency.
3. Pre-tax Margin: The pre-tax margin also experienced negative figures in the earlier periods, with a low of -15.22% in December 2022. However, starting from March 2023, there was a consistent positive trend, with margins increasing steadily to 28.28% by December 2024. This indicates that Alkermes Plc has been able to enhance its profitability before accounting for taxes through better revenue generation and cost management.
4. Net Profit Margin: Similar to the operating and pre-tax margins, the net profit margin was negative until March 2023, with a low of -14.40% in December 2022. Subsequently, there was a remarkable turnaround, with margins turning positive and reaching 23.67% by December 2024. This improvement suggests that the company has effectively controlled its costs and enhanced its bottom-line profitability.
Overall, the improving trend in all profitability margins from March 2023 onwards reflects Alkermes Plc's efforts to streamline operations, reduce costs, and increase revenue generation, ultimately leading to a healthier financial performance.
Return on investment
| 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 return on assets (Operating ROA) | 20.46% | 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% |
| Return on assets (ROA) | 17.86% | 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% |
| Return on total capital | 29.87% | 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% |
| Return on equity (ROE) | 25.06% | 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% |
Alkermes Plc's profitability ratios show a fluctuating trend over the periods analyzed.
1. Operating return on assets (Operating ROA) started with negative values in 2020 and gradually improved, reaching a peak of 27.89% by March 31, 2024. This indicates the company's effectiveness in generating operating profits relative to its total assets.
2. Return on assets (ROA) also began negatively in 2020 but showed a similar upward trajectory, peaking at 20.46% by the end of December 31, 2024. This metric reflects the company's efficiency in generating profits from its assets.
3. Return on total capital showed a similar pattern with negative values initially, followed by improvement over time. The ratio reached its highest point of 29.87% by December 31, 2024, indicating the company's ability to generate returns on the total capital employed in its operations.
4. Return on equity (ROE) started in negative territory as well, but the trend reversed, showing consistent improvement. By December 31, 2024, the ROE reached 25.06%, portraying the company's capacity to generate profits in relation to shareholders' equity.
Overall, the profitability ratios of Alkermes Plc demonstrate a positive trend with increasing returns over the periods analyzed, reflecting improvements in operational efficiency and effective utilization of assets and capital.