Alkermes plc. (ALKS)

Alkermes plc, a biopharmaceutical company, engages in the research, development, and commercialization of pharmaceutical products to address unmet medical needs of patients in therapeutic areas in the United States, Ireland, and internationally. The company has a portfolio of proprietary commercial products for the treatment of opioid dependence, alcohol dependence, schizophrenia, bipolar I, and a pipeline of clinical and preclinical product candidates in development for neurological disorders. Its marketed products include ARISTADA, an intramuscular injectable suspension for the treatment of schizophrenia; ARISTADA INITIO for the treatment of schizophrenia in adults; VIVITROL for the treatment of alcohol and prevention of opioid dependence; LYBALVI, an oral atypical antipsychotic drug candidate for the treatment of adults with schizophrenia and bipolar I disorder; and LUMRYZ, an extended-release oral suspension product for the treatment of cataplexy or EDS in pediatric patients. The company also offers proprietary technology platforms to third parties to enable them to develop, commercialize, and manufacture products. It has collaboration agreements primarily with Janssen Pharmaceutica N.V., Janssen Pharmaceutica Inc, and Janssen Pharmaceutica International. Alkermes plc was founded in 1987 and is headquartered in Dublin, Ireland.

Ticker
ALKS
Exchange
Nasdaq
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Market cap
$7.71B
52-week range
$27.00 - $55.67

Valuation

Share price
$45.90 (close of Nov 6, 2026)
Price to book
4.14x
Price to free cash flow
33.92x
Enterprise value
$8.65B
Book value per share
$11.10

Price performance

PeriodChange
1 day+3.05%
5 days+1.24%
1 month+10.20%
3 months-5.11%
6 months+29.95%
Year to date+64.05%
1 year+44.89%
3 years+83.67%
5 years+51.34%
10 years-11.66%
All time+734.55%

Short interest

As of
Oct 15, 2026
Short % of float
15.70%
Shares short
19.05M
Days to cover
9.12
Change since prior report
+6.89%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
13.28%
Return on invested capital
10.81%
Return on assets
9.72%
Return on capital employed
13.07%
Gross margin
86.69%
Net margin
16.37%
EBITDA margin
19.31%
Revenue growth
-5.25%
Net income growth
-34.16%
Free cash flow growth
18.41%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.95%
Current ratio
2.42x
Net debt to EBITDA
5.43x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$1.48B
Cost of revenue
$196.46M
Gross profit
$1.28B
EBITDA
$285.06M
Net income
$241.66M
Earnings per share
$1.47
Research and development
$323.96M
Interest expense
$12.28M
Shares outstanding
164.70M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$1.48B$1.28B$241.66M$1.47
2024-12-31$1.56B$1.31B$367.07M$2.22
2023-12-31$1.66B$1.41B$355.76M$2.14
2022-12-31$1.11B$893.73M-$158.27M-$0.97
2021-12-31$1.17B$976.43M-$48.17M-$0.30
2020-12-31$1.04B$860.44M-$110.86M-$0.70
2019-12-31$1.17B$990.56M-$196.62M-$1.25
2018-12-31$1.09B$917.85M-$139.31M-$0.90
2017-12-31$903.37M$748.63M-$157.94M-$1.03
2016-12-31$745.69M$613.57M-$208.44M-$1.38

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3186.69%16.37%13.28%10.81%
2024-12-3184.25%23.57%25.06%22.66%
2023-12-3184.79%21.39%29.58%26.30%
2022-12-3180.39%-14.24%-15.16%-0.43%
2021-12-3183.19%-4.10%-4.33%5.65%
2020-12-3182.83%-10.67%-10.39%-7.61%
2019-12-3184.59%-16.79%-18.11%-12.72%
2018-12-3183.88%-12.73%-11.89%-6.73%
2017-12-3182.87%-17.48%-13.13%-9.96%
2016-12-3182.28%-27.95%-17.23%-13.58%

Cash and debt by year

Period endCashDebt
2025-12-31$388.57M-
2024-12-31$291.15M-
2023-12-31$457.47M$287.73M
2022-12-31$292.47M$290.27M
2021-12-31$536.31M$292.80M
2020-12-31$635.03M$272.12M
2019-12-31$534.98M$274.30M
2018-12-31$539.29M$276.46M
2017-12-31$191.30M$278.44M
2016-12-31$186.38M$280.67M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$480.33M$98.72M
2024-12-31$405.64M$96.64M
2023-12-31$353.31M$100.91M
2022-12-31-$17.21M$94.25M
2021-12-31$73.69M$87.62M
2020-12-31$40.62M$90.16M
2019-12-31-$18.86M$100.98M
2018-12-31$29.85M$105.36M
2017-12-31-$32.11M$83.92M
2016-12-31-$107.46M$94.40M

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-11-03Sep 2026-$0.08
2026-07-28Jun 2026-$0.04
2026-05-05Mar 2026-$0.57
2026-02-25Dec 2025$0.31
2025-10-28Sep 2025$0.34
2025-07-29Jun 2025$0.30
2025-05-01Mar 2025$0.18
2025-02-12Dec 2024$0.78

Filings and sources

Company website
alkermes.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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