Alkermes Plc Financials
This page shows Alkermes Plc (ALKS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Alkermes Plc has an operating margin of 27.0%, meaning the company retains $27 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 24.9% the prior year.
Alkermes Plc's revenue declined 6.4% year-over-year, from $1.7B to $1.6B. This contraction results in a growth score of 10/100.
Alkermes Plc carries a low D/E ratio of 0.40, meaning only $0.40 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.04, Alkermes Plc holds $3.04 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Alkermes Plc converts 26.0% of revenue into free cash flow ($405.6M). This strong cash generation earns a score of 100/100.
Alkermes Plc earns a strong 25.1% return on equity (ROE), meaning it generates $25 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is down from 29.6% the prior year.
Alkermes Plc scores 6.89, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($5.5B) relative to total liabilities ($590.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Alkermes Plc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Alkermes Plc generates $1.20 in operating cash flow ($439.1M OCF vs $367.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Alkermes Plc earns $18.6 in operating income for every $1 of interest expense ($420.6M vs $22.6M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Alkermes Plc generated $1.6B in revenue in fiscal year 2024. This represents a decrease of 6.4% from the prior year.
Alkermes Plc's EBITDA was $449.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 8.2% from the prior year.
Alkermes Plc generated $405.6M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 14.8% from the prior year.
Alkermes Plc reported $367.1M in net income in fiscal year 2024. This represents an increase of 3.2% from the prior year.
Alkermes Plc earned $2.17 per diluted share (EPS) in fiscal year 2024. This represents an increase of 3.3% from the prior year.
Alkermes Plc held $291.1M in cash against $0 in long-term debt as of fiscal year 2024.
Alkermes Plc had 163M shares outstanding in fiscal year 2024. This represents a decrease of 2.7% from the prior year.
Alkermes Plc's gross margin was 84.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 0.5 percentage points from the prior year.
Alkermes Plc's operating margin was 27.0% in fiscal year 2024, reflecting core business profitability. This is up 2.1 percentage points from the prior year.
Alkermes Plc's net profit margin was 23.6% in fiscal year 2024, showing the share of revenue converted to profit. This is up 2.2 percentage points from the prior year.
Alkermes Plc's ROE was 25.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 4.5 percentage points from the prior year.
Alkermes Plc invested $245.3M in research and development in fiscal year 2024. This represents a decrease of 9.4% from the prior year.
Alkermes Plc spent $200.3M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
Alkermes Plc invested $33.5M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 30.3% from the prior year.
ALKS Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $394.2M+0.9% | $390.7M+27.5% | $306.5M-28.7% | $430.0M+7.7% | $399.1M+13.9% | $350.4M-7.2% | $377.5M-0.9% | $380.9M |
| Cost of Revenue | $51.6M+4.3% | $49.5M+0.5% | $49.2M-20.8% | $62.1M+1.0% | $61.5M+4.8% | $58.6M-16.4% | $70.1M+14.0% | $61.5M |
| Gross Profit | $342.6M+0.4% | $341.2M+32.6% | $257.3M-30.1% | $367.9M+8.9% | $337.7M+15.7% | $291.7M-5.1% | $307.3M-3.8% | $319.4M |
| R&D Expenses | $81.7M+5.6% | $77.4M+7.7% | $71.8M+23.5% | $58.2M-2.5% | $59.6M-11.8% | $67.6M-8.6% | $73.9M+14.0% | $64.9M |
| SG&A Expenses | $171.8M+0.5% | $170.8M-0.5% | $171.7M+16.8% | $147.0M-12.6% | $168.1M-6.5% | $179.7M+5.9% | $169.8M+8.6% | $156.4M |
| Operating Income | $89.1M-4.2% | $93.0M+574.1% | $13.8M-91.5% | $162.7M+48.1% | $109.9M+153.7% | $43.3M-20.7% | $54.6M-38.8% | $89.2M |
| Interest Expense | $0 | $0 | $0-100.0% | $4.6M-21.9% | $6.0M-0.4% | $6.0M-1.3% | $6.1M+0.8% | $6.0M |
| Income Tax | $18.0M+1.4% | $17.7M+486.5% | $3.0M-87.5% | $24.2M+9.5% | $22.1M+177.0% | $8.0M+107.8% | -$102.2M-8967.0% | $1.2M |
| Net Income | $82.8M-5.0% | $87.1M+287.7% | $22.5M-84.7% | $146.5M+60.4% | $91.4M+148.1% | $36.8M-67.3% | $112.8M+136.1% | $47.8M |
| EPS (Diluted) | $0.49-5.8% | $0.52+300.0% | $0.13-85.2% | $0.88+66.0% | $0.53+152.4% | $0.21-69.6% | $0.69+146.4% | $0.28 |
ALKS Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.3B+3.4% | $2.3B+8.2% | $2.1B+1.3% | $2.1B-6.9% | $2.2B+3.9% | $2.1B-0.6% | $2.1B-6.3% | $2.3B |
| Current Assets | $1.7B+6.5% | $1.6B+10.6% | $1.5B+4.5% | $1.4B-8.2% | $1.5B+5.0% | $1.5B-1.1% | $1.5B+1.4% | $1.5B |
| Cash & Equivalents | $616.4M+18.3% | $521.2M+30.4% | $399.8M+37.3% | $291.1M-45.6% | $535.1M+27.2% | $420.8M-8.0% | $457.5M-29.4% | $647.7M |
| Inventory | $191.0M-0.5% | $191.9M+4.6% | $183.4M+0.3% | $182.9M-6.1% | $194.7M-1.8% | $198.4M+6.4% | $186.4M-3.0% | $192.2M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | $83.0M0.0% | $83.0M0.0% | $83.0M0.0% | $83.0M-10.6% | $92.9M |
| Total Liabilities | $596.1M-5.1% | $628.2M+10.1% | $570.4M-3.4% | $590.6M-36.0% | $922.8M+6.2% | $869.1M-6.9% | $933.5M+1.1% | $923.6M |
| Current Liabilities | $474.4M-6.2% | $506.0M+14.0% | $443.7M-4.6% | $465.2M-9.8% | $515.5M+12.3% | $459.0M-11.8% | $520.2M+3.4% | $503.1M |
| Long-Term Debt | N/A | N/A | N/A | $285.8M-0.2% | $286.5M-0.2% | $287.1M-0.2% | $287.7M-0.2% | $288.4M |
| Total Equity | $1.7B+6.7% | $1.6B+7.5% | $1.5B+3.2% | $1.5B+14.1% | $1.3B+2.3% | $1.3B+4.3% | $1.2B-11.3% | $1.4B |
| Retained Earnings | -$784.1M+9.5% | -$866.9M+9.1% | -$954.0M+2.3% | -$976.5M+19.7% | -$1.2B+7.0% | -$1.3B+2.7% | -$1.3B+7.7% | -$1.5B |
ALKS Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $101.7M-32.3% | $150.2M+52.0% | $98.8M-48.1% | $190.4M+30.4% | $146.0M+591.8% | $21.1M-80.3% | $107.2M+7.6% | $99.7M |
| Capital Expenditures | $17.3M+33.0% | $13.0M+28.7% | $10.1M+3.4% | $9.8M+37.4% | $7.1M-14.8% | $8.3M-51.0% | $17.0M+17.8% | $14.5M |
| Free Cash Flow | $84.4M-38.5% | $137.2M+54.7% | $88.7M-50.9% | $180.6M+30.0% | $138.9M+988.2% | $12.8M-85.8% | $90.2M+5.8% | $85.3M |
| Investing Cash Flow | -$6.7M+76.9% | -$29.2M-421.0% | $9.1M+165.6% | -$13.9M-126.8% | $51.9M+229.8% | -$40.0M-90.4% | -$21.0M+82.4% | -$119.4M |
| Financing Cash Flow | $315K-22.2% | $405K-45.8% | $747K+100.3% | -$281.7M-237.4% | -$83.5M-367.1% | -$17.9M+93.5% | -$276.5M-17745.0% | $1.6M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | $1K | N/A | N/A | N/A | N/A |
ALKS Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 86.9%-0.4pp | 87.3%+3.4pp | 84.0%-1.6pp | 85.5%+1.0pp | 84.6%+1.3pp | 83.3%+1.8pp | 81.4%-2.4pp | 83.9% |
| Operating Margin | 22.6%-1.2pp | 23.8%+19.3pp | 4.5%-33.3pp | 37.8%+10.3pp | 27.5%+15.2pp | 12.4%-2.1pp | 14.5%-8.9pp | 23.4% |
| Net Margin | 21.0%-1.3pp | 22.3%+15.0pp | 7.3%-26.7pp | 34.1%+11.2pp | 22.9%+12.4pp | 10.5%-19.4pp | 29.9%+17.3pp | 12.5% |
| Return on Equity | 4.8%-0.6pp | 5.4%+3.9pp | 1.5%-8.5pp | 10.0%+2.9pp | 7.1%+4.2pp | 2.9%-6.4pp | 9.4%+5.9pp | 3.5% |
| Return on Assets | 3.5%-0.3pp | 3.9%+2.8pp | 1.1%-6.0pp | 7.1%+3.0pp | 4.1%+2.4pp | 1.7%-3.6pp | 5.3%+3.2pp | 2.1% |
| Current Ratio | 3.67+0.4 | 3.23-0.1 | 3.33+0.3 | 3.04+0.1 | 2.99-0.2 | 3.20+0.3 | 2.86-0.1 | 2.91 |
| Debt-to-Equity | 0.34-0.0 | 0.390.0 | 0.38-0.0 | 0.40+0.2 | 0.220.0 | 0.23-0.0 | 0.24+0.0 | 0.21 |
| FCF Margin | 21.4%-13.7pp | 35.1%+6.2pp | 28.9%-13.1pp | 42.0%+7.2pp | 34.8%+31.2pp | 3.6%-20.3pp | 23.9%+1.5pp | 22.4% |
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Frequently Asked Questions
What is Alkermes Plc's annual revenue?
Alkermes Plc (ALKS) reported $1.6B in total revenue for fiscal year 2024. This represents a -6.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Alkermes Plc's revenue growing?
Alkermes Plc (ALKS) revenue declined by 6.4% year-over-year, from $1.7B to $1.6B in fiscal year 2024.
Is Alkermes Plc profitable?
Yes, Alkermes Plc (ALKS) reported a net income of $367.1M in fiscal year 2024, with a net profit margin of 23.6%.
What is Alkermes Plc's earnings per share (EPS)?
Alkermes Plc (ALKS) reported diluted earnings per share of $2.17 for fiscal year 2024. This represents a 3.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Alkermes Plc's EBITDA?
Alkermes Plc (ALKS) had EBITDA of $449.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Alkermes Plc's gross margin?
Alkermes Plc (ALKS) had a gross margin of 84.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Alkermes Plc's operating margin?
Alkermes Plc (ALKS) had an operating margin of 27.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Alkermes Plc's net profit margin?
Alkermes Plc (ALKS) had a net profit margin of 23.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Alkermes Plc's return on equity (ROE)?
Alkermes Plc (ALKS) has a return on equity of 25.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Alkermes Plc's free cash flow?
Alkermes Plc (ALKS) generated $405.6M in free cash flow during fiscal year 2024. This represents a 14.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Alkermes Plc's operating cash flow?
Alkermes Plc (ALKS) generated $439.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Alkermes Plc's total assets?
Alkermes Plc (ALKS) had $2.1B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Alkermes Plc's capital expenditures?
Alkermes Plc (ALKS) invested $33.5M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Alkermes Plc spend on research and development?
Alkermes Plc (ALKS) invested $245.3M in research and development during fiscal year 2024.
Does Alkermes Plc buy back shares?
Yes, Alkermes Plc (ALKS) spent $200.3M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Alkermes Plc have outstanding?
Alkermes Plc (ALKS) had 163M shares outstanding as of fiscal year 2024.
What is Alkermes Plc's current ratio?
Alkermes Plc (ALKS) had a current ratio of 3.04 as of fiscal year 2024, which is generally considered healthy.
What is Alkermes Plc's debt-to-equity ratio?
Alkermes Plc (ALKS) had a debt-to-equity ratio of 0.40 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Alkermes Plc's return on assets (ROA)?
Alkermes Plc (ALKS) had a return on assets of 17.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Alkermes Plc's Altman Z-Score?
Alkermes Plc (ALKS) has an Altman Z-Score of 6.89, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Alkermes Plc's Piotroski F-Score?
Alkermes Plc (ALKS) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Alkermes Plc's earnings high quality?
Alkermes Plc (ALKS) has an earnings quality ratio of 1.20x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Alkermes Plc cover its interest payments?
Alkermes Plc (ALKS) has an interest coverage ratio of 18.6x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Alkermes Plc?
Alkermes Plc (ALKS) scores 84 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.