NASDAQ : ALKS
Alkermes plc — Financial statements
Healthcare · Drug Manufacturers - Specialty & Generic · Ireland
Last price 45.34 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 7.61B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Alkermes plc (ALKS) reported revenue of 1.67B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.67B | 1.48B | 1.56B | 1.66B | 1.11B | 1.17B |
| Cost of Revenue | 213.76M | 196.46M | 245.33M | 253.04M | 218.07M | 197.32M |
| Gross Profit | 1.45B | 1.28B | 1.31B | 1.41B | 893.73M | 976.43M |
| Selling, General & Admin | 818.43M | 714.52M | 656.44M | 702.05M | 603.20M | 549.61M |
| Research & Development | 377.90M | 310.96M | 234.12M | 258.51M | 260.25M | 290.92M |
| Amortization of Goodwill & Intangibles | 34.26M | 1.10M | 35.69M | 36.36M | 38.15M | |
| Operating Expenses | 1.23B | 1.03B | 891.66M | 996.25M | 899.82M | 878.68M |
| Operating Income | 223.30M | 253.96M | 420.64M | 414.12M | -6.09M | 97.75M |
| Interest Expense | -59.09M | -12.28M | -22.58M | -23.03M | -13.04M | -11.22M |
| Interest & Investment Income | 37.96M | 45.30M | 42.45M | 30.85M | 7.63M | 2.41M |
| Currency Exchange Gain (Loss) | 1.00M | 1.00M | -800.00K | -500.00K | 700.00K | -300.00K |
| Other Non Operating Income (Expenses) | 699.00K | 3.47M | 3.34M | 75.00K | 3.72M | 519.00K |
| EBT Excluding Unusual Items | 203.86M | 291.45M | 443.05M | 421.52M | -7.08M | 89.15M |
| Merger & Restructuring Charges | -79.63M | |||||
| Gain (Loss) on Sale of Investments | -500.00K | |||||
| Gain (Loss) on Sale of Assets | 1.50M | |||||
| Asset Writedown | -2.30M | |||||
| Other Unusual Items | -26.41M | -800.00K | -21.75M | -1.43M | ||
| Pretax Income | 97.32M | 291.45M | 443.75M | 421.52M | -31.13M | 87.73M |
| Income Tax Expense | 31.20M | 49.79M | 71.61M | -97.64M | 2.02M | 11.33M |
| Earnings From Continuing Operations | 66.12M | 241.66M | 372.14M | 519.16M | -33.15M | 76.40M |
| Earnings From Discontinued Operations | -5.07M | -163.40M | -125.11M | -124.57M | ||
| Net Income | 66.12M | 241.66M | 367.07M | 355.76M | -158.27M | -48.17M |
| Net Income to Common | 66.12M | 241.66M | 367.07M | 355.76M | -158.27M | -48.17M |
| Shares Outstanding (Basic) | 165.92M | 164.70M | 165.39M | 166.22M | 163.74M | 160.94M |
| Shares Outstanding (Diluted) | 167.81M | 168.74M | 169.20M | 169.73M | 163.74M | 164.75M |
| EPS (Basic) | 0.40 | 1.47 | 2.22 | 2.14 | -0.97 | -0.30 |
| EPS (Diluted) | 0.39 | 1.43 | 2.17 | 2.10 | -0.97 | -0.30 |
| Free Cash Flow | 221.65M | 480.33M | 405.64M | 353.31M | -17.21M | 73.69M |
| Free Cash Flow Per Share | 1.32 | 2.85 | 2.40 | 2.08 | -0.10 | 0.45 |
| Gross Margin | 87.18% | 86.69% | 84.25% | 84.79% | 80.39% | 83.19% |
| Operating Margin | 13.39% | 17.21% | 27.01% | 24.90% | -0.55% | 8.33% |
| Profit Margin | 3.96% | 16.37% | 23.57% | 21.39% | -14.24% | -4.10% |
| Free Cash Flow Margin | 13.29% | 32.55% | 26.04% | 21.24% | -1.55% | 6.28% |
| EBITDA | 284.93M | 281.12M | 449.17M | 489.05M | 71.77M | 176.40M |
| EBITDA Margin | 17.09% | 19.05% | 28.84% | 29.40% | 6.46% | 15.03% |
| D&A For EBITDA | 61.63M | 27.16M | 28.53M | 74.93M | 77.86M | 78.65M |
| EBIT | 223.30M | 253.96M | 420.64M | 414.12M | -6.09M | 97.75M |
| EBIT Margin | 13.39% | 17.21% | 27.01% | 24.90% | -0.55% | 8.33% |
| Effective Tax Rate | 32.06% | 17.08% | 16.14% | 12.91% | ||
| Revenue as Reported | 1.67B | 1.48B | 1.56B | 1.66B | 1.11B | 1.17B |
| Advertising Expenses | 89.70M | 107.60M | 127.60M | 41.40M | 38.90M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 511.53M | 388.57M | 291.15M | 457.47M | 292.47M | 337.54M |
| Short-Term Investments | 145.05M | 199.65M | 460.52M | 316.02M | 315.99M | 198.77M |
| Cash & Short-Term Investments | 656.58M | 588.22M | 751.67M | 773.49M | 608.47M | 536.31M |
| Receivables | 456.48M | 334.02M | 389.52M | 333.18M | 296.90M | 326.56M |
| Inventory | 298.96M | 196.62M | 182.89M | 186.41M | 181.42M | 150.34M |
| Prepaid Expenses | 110.89M | 79.09M | 91.28M | 98.17M | 41.20M | 48.97M |
| Restricted Cash | 731.21M | |||||
| Other Current Assets | 94.26M | 2.32M | ||||
| Total Current Assets | 1.52B | 1.93B | 1.42B | 1.49B | 1.13B | 1.06B |
| Property, Plant & Equipment | 294.39M | 298.93M | 311.81M | 318.40M | 320.46M | 456.68M |
| Long-Term Investments | 35.05M | 845.00K | 73.15M | 39.89M | 131.61M | 235.53M |
| Goodwill | 594.27M | 83.03M | 83.03M | 83.03M | 83.03M | 92.87M |
| Other Intangible Assets | 1.76B | 815.00K | 890.00K | 1.99M | 37.68M | 74.04M |
| Long-Term Deferred Tax Assets | 123.04M | 125.81M | 154.84M | 195.89M | 114.57M | 81.83M |
| Other Long-Term Assets | 62.00M | 48.40M | 16.50M | 11.52M | 146.32M | 21.36M |
| Total Assets | 4.39B | 2.49B | 2.06B | 2.14B | 1.96B | 2.02B |
| Accounts Payable | 142.86M | 107.95M | 45.63M | 65.65M | 32.84M | 55.72M |
| Accrued Expenses | 436.19M | 410.21M | 388.03M | 424.45M | 427.19M | 377.48M |
| Current Portion of Long-Term Debt | 26.50M | 3.00M | 3.00M | 3.00M | ||
| Current Portion of Leases | 7.48M | 6.75M | 6.17M | 5.75M | 9.88M | 16.24M |
| Current Unearned Revenue | 1.25M | 2.73M | 6.82M | 6.34M | ||
| Other Current Liabilities | 49.06M | 18.53M | 24.12M | 18.65M | 18.01M | 12.50M |
| Total Current Liabilities | 662.09M | 543.44M | 465.20M | 520.22M | 497.74M | 471.29M |
| Long-Term Debt | 1.48B | 287.73M | 290.27M | 292.80M | ||
| Long-Term Leases | 61.98M | 63.25M | 69.37M | 75.71M | 76.29M | 104.16M |
| Long-Term Unearned Revenue | 2.04M | 3.90M | ||||
| Other Long-Term Liabilities | 204.32M | 61.01M | 56.02M | 47.83M | 52.03M | 43.65M |
| Total Liabilities | 2.58B | 667.70M | 590.59M | 933.54M | 920.23M | 911.90M |
| Common Stock | 1.85M | 1.81M | 1.77M | 1.73M | 1.69M | 1.66M |
| Additional Paid-In Capital | 3.11B | 3.00B | 2.86B | 2.74B | 2.91B | 2.80B |
| Retained Earnings | -800.77M | -734.79M | -976.46M | -1.34B | -1.70B | -1.54B |
| Treasury Stock | -502.52M | -450.29M | -419.25M | -189.34M | -160.86M | -142.66M |
| Comprehensive Income & Other | -2.92M | -2.10M | -1.97M | -3.11M | -10.89M | -3.72M |
| Shareholders' Equity | 1.81B | 1.82B | 1.46B | 1.20B | 1.04B | 1.11B |
| Total Liabilities & Equity | 4.39B | 2.49B | 2.06B | 2.14B | 1.96B | 2.02B |
| Total Debt | 1.57B | 70.00M | 75.54M | 372.19M | 379.44M | 416.21M |
| Net Cash (Debt) | -915.99M | 518.22M | 676.13M | 401.31M | 229.03M | 120.11M |
| Net Cash Per Share | -5.46 | 3.07 | 4.00 | 2.36 | 1.40 | 0.73 |
| Filing Date Shares Outstanding | 167.76M | 166.65M | 162.61M | 167.08M | 164.39M | 161.97M |
| Total Common Shares Outstanding | 167.54M | 165.61M | 162.18M | 166.98M | 164.38M | 161.94M |
| Working Capital | 860.82M | 1.39B | 950.16M | 965.29M | 632.56M | 590.88M |
| Book Value Per Share | 10.79 | 10.99 | 9.03 | 7.20 | 6.35 | 6.87 |
| Tangible Book Value | -547.18M | 1.74B | 1.38B | 1.12B | 923.05M | 945.67M |
| Tangible Book Value Per Share | -3.27 | 10.48 | 8.52 | 6.69 | 5.62 | 5.84 |
| Land | 957.00K | 957.00K | 957.00K | 957.00K | 947.00K | 6.56M |
| Buildings | 152.37M | 150.67M | 134.70M | 132.74M | 104.67M | 192.92M |
| Machinery | 259.42M | 255.77M | 244.11M | 237.73M | 222.41M | 398.10M |
| Construction In Progress | 27.04M | 38.80M | 58.39M | 45.79M | 78.02M | 86.51M |
| Leasehold Improvements | 60.85M | 42.53M | 42.42M | 39.89M | 31.64M | 52.53M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 66.12M | 241.66M | 367.07M | 355.76M | -158.27M | -48.17M |
| Depreciation & Amortization | 61.63M | 27.16M | 28.53M | 74.93M | 77.86M | 78.65M |
| Stock-Based Compensation | 118.41M | 98.72M | 96.64M | 100.91M | 94.25M | 87.62M |
| Other Operating Activities | 107.78M | 34.09M | 45.03M | -93.57M | -5.51M | 9.16M |
| Change in Accounts Receivable | -56.51M | 55.49M | -56.34M | -36.29M | 29.68M | -31.97M |
| Change in Inventory | -3.00M | -14.06M | 3.09M | -2.71M | -31.02M | -24.77M |
| Change in Accounts Payable | -33.50M | 100.89M | -57.97M | 23.01M | 15.53M | 11.51M |
| Change in Unearned Revenue | -578.00K | -1.25M | -3.52M | -5.93M | -7.13M | -6.08M |
| Change in Other Net Operating Assets | -9.17M | -21.95M | 16.59M | -14.75M | 5.64M | 25.76M |
| Operating Cash Flow | 251.18M | 520.75M | 439.12M | 401.35M | 21.04M | 101.72M |
| Capital Expenditures | -29.53M | -40.42M | -33.48M | -48.05M | -38.26M | -28.02M |
| Sale of Property, Plant & Equipment | 1.06M | 1.09M | 461.00K | 354.00K | 287.00K | |
| Cash Acquisitions | -2.09B | |||||
| Divestitures | 1.71M | 97.93M | 1.27M | 7.94M | ||
| Sale (Purchase) of Intangibles | -1.00M | |||||
| Investment in Securities | 349.74M | 333.12M | -176.22M | 101.05M | -27.56M | -45.41M |
| Investing Cash Flow | -1.76B | 295.50M | -111.31M | 53.36M | -64.54M | -66.20M |
| Long-Term Debt Issued | 23.57M | |||||
| Long-Term Debt Repaid | -291.79M | -3.00M | -3.00M | -2.25M | ||
| Net Debt Issued (Repaid) | 1.50B | -291.79M | -3.00M | -3.00M | 21.32M | |
| Issuance of Common Stock | 53.81M | 43.41M | 27.57M | 16.76M | 19.63M | 25.32M |
| Repurchase of Common Stock | -52.81M | -31.03M | -229.92M | -28.47M | -18.20M | -16.57M |
| Other Financing Activities | -2.98M | -275.00M | -993.00K | |||
| Financing Cash Flow | 1.50B | 12.38M | -494.14M | -289.71M | -1.57M | 29.07M |
| Net Cash Flow | -9.67M | 828.63M | -166.32M | 165.00M | -45.07M | 64.58M |
| Free Cash Flow | 221.65M | 480.33M | 405.64M | 353.31M | -17.21M | 73.69M |
| Free Cash Flow Margin | 13.29% | 32.55% | 26.04% | 21.24% | -1.55% | 6.28% |
| Free Cash Flow Per Share | 1.32 | 2.85 | 2.40 | 2.08 | -0.10 | 0.45 |
| Levered Free Cash Flow | 153.38M | -363.09M | 336.36M | 200.46M | 152.16M | 168.59M |
| Unlevered Free Cash Flow | 190.32M | -355.42M | 350.47M | 214.86M | 160.31M | 175.60M |
| Cash Interest Paid | 23.01M | 22.75M | 13.56M | 6.90M | ||
| Cash Income Tax Paid | 17.57M | 5.24M | 2.59M | 44.24M | 20.75M | 1.89M |
| Change in Working Capital | -102.76M | 119.12M | -98.15M | -36.66M | 12.71M | -25.55M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 7.61B | 4.62B | 4.65B | 4.63B | 4.29B | 3.76B |
| Enterprise Value | 8.52B | 3.58B | 4.11B | 4.13B | 4.12B | 3.62B |
| Last Close Price | 45.34 | 27.98 | 28.76 | 27.74 | 25.71 | 22.89 |
| PE Ratio | 116.78 | 19.12 | 12.68 | 13.01 | ||
| Forward PE | 29.04 | 17.47 | 14.06 | 11.75 | 77.33 | 157.38 |
| PS Ratio | 4.56 | 3.13 | 2.99 | 2.78 | 3.86 | 3.20 |
| PB Ratio | 4.20 | 2.54 | 3.18 | 3.85 | 4.11 | 3.38 |
| P/TBV Ratio | 2.66 | 3.37 | 4.14 | 4.65 | 3.98 | |
| P/FCF Ratio | 34.32 | 9.62 | 11.47 | 13.10 | 51.04 | |
| P/OCF Ratio | 30.28 | 8.87 | 10.60 | 11.53 | 204.02 | 36.98 |
| PEG Ratio | 1.75 | 1.05 | 0.14 | 39.58 | 8.99 | |
| EV/Sales Ratio | 5.11 | 2.43 | 2.64 | 2.48 | 3.71 | 3.08 |
| EV/EBITDA Ratio | 29.91 | 12.74 | 9.15 | 8.44 | 57.38 | 20.53 |
| EV/EBIT Ratio | 38.17 | 14.10 | 9.77 | 9.96 | 37.04 | |
| EV/FCF Ratio | 38.45 | 7.45 | 10.13 | 11.68 | 49.13 | |
| Debt / Equity Ratio | 0.87 | 0.04 | 0.05 | 0.31 | 0.36 | 0.37 |
| Debt / EBITDA Ratio | 5.28 | 0.24 | 0.16 | 0.74 | 4.51 | 2.22 |
| Debt / FCF Ratio | 7.09 | 0.15 | 0.19 | 1.05 | 5.65 | |
| Net Debt / Equity Ratio | 0.51 | -0.28 | -0.46 | -0.33 | -0.22 | -0.11 |
| Net Debt / EBITDA Ratio | 3.21 | -1.84 | -1.50 | -0.82 | -3.19 | -0.68 |
| Net Debt / FCF Ratio | 4.13 | -1.08 | -1.67 | -1.14 | 13.31 | -1.63 |
| Asset Turnover | 0.50 | 0.65 | 0.74 | 0.81 | 0.56 | 0.59 |
| Inventory Turnover | 0.87 | 1.03 | 1.33 | 1.38 | 1.31 | 1.43 |
| Quick Ratio | 1.68 | 1.70 | 2.45 | 2.13 | 1.82 | 1.83 |
| Current Ratio | 2.30 | 3.55 | 3.04 | 2.86 | 2.27 | 2.25 |
| Return on Equity (ROE) | 3.85% | 14.72% | 27.90% | 46.22% | -3.08% | 7.01% |
| Return on Assets (ROA) | 4.20% | 6.99% | 12.54% | 12.62% | -0.19% | 3.07% |
| Return on Invested Capital (ROIC) | 5.47% | 20.15% | 44.37% | 51.25% | -0.67% | 9.28% |
| Return on Capital Employed (ROCE) | 6.00% | 13.10% | 26.40% | 25.60% | -0.40% | 6.30% |
| Earnings Yield | 0.86% | 5.23% | 7.89% | 7.69% | -3.69% | -1.28% |
| FCF Yield | 2.91% | 10.40% | 8.72% | 7.63% | -0.40% | 1.96% |
| Buyback Yield / Dilution | -0.22% | 0.27% | 0.31% | -3.66% | 0.61% | -3.75% |