Alkermes Plc (ALKS)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	333,346	288,723	434,430	355,757	214,724	102,992	-164,209	-158,267	-129,140	-94,154	-61,654	-48,169	-91,684	-62,830	-94,625	-110,861	-73,573	-126,317	-138,876	-196,620
Total stockholders’ equity	US$ in thousands	1,292,110	1,284,000	1,254,760	1,202,690	1,355,580	1,280,440	1,005,580	1,043,750	1,042,850	1,082,320	1,075,390	1,112,580	1,096,170	1,097,900	1,051,160	1,066,980	1,084,360	1,061,850	1,063,020	1,085,440
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%

September 30, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $333,346K ÷ $1,292,110K
= 25.80%

Alkermes Plc's return on equity (ROE) has varied significantly over the past few quarters. In the most recent quarter, ended September 30, 2024, the ROE was 25.80%, indicating a healthy return on equity for that period. This represents an improvement compared to the previous quarter, where the ROE was 22.49%.

Looking at the trend over the last few quarters, there have been fluctuations in the ROE. The company experienced a significant drop in ROE in the first quarter of 2023, recording a negative ROE of -16.33%. However, it managed to recover and achieve positive ROE figures in subsequent quarters.

Overall, the ROE for Alkermes Plc has shown both positive and negative values in recent quarters, reflecting fluctuations in the company's profitability and efficiency in generating returns for its shareholders. It is important for investors and stakeholders to closely monitor the company's financial performance to assess its long-term sustainability and growth potential.