Alkermes plc

ALKS Healthcare Drug Manufacturers Specialty & Generic

Alkermes plc’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, down 5.25% from fiscal 2024. In the quarter to June 2026, revenue grew 27.0%, EPS fell 99.4% and free cash flow grew 1.13%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.

41.22 1.12 +2.79%
Market cap
$6.7B
P/E
102×
Fwd P/E
−108×
Dividend yield
—
F-score
7/9
Altman Z
5.33
Beneish M
−3.29
Dividend safety
n/a

Insider Decisions trades per month

Total sells 10.28
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 1 2 2 2 4 2 3 3 2 4 2 1
Insider Ownership 2.55%

Capital & Financial Ratios $m

Market Cap 6,730.00
Revenue 1,667.65
Net Income 66.12
Free Cash Flow 222.71
Net Debt 846.53
Current Ratio 2.30 (at or above 1.5: strong)
Debt/Equity 0.83
P/E ratio 102.28 (above 35: high)
Fwd P/E (108.00) (negative: loss-making)
P/S ratio 4.13
P/B ratio 3.81
Past 5Y EPS Growth —
This Y EPS Growth (137.26%) (below 0%: weak)
Next Y EPS Growth 200.38% (at or above 15%: strong)
Next Y revenue growth 23.59% (at or above 10%: strong)
Next 5Y EPS Growth (8.28%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 92.27%
10-year low 10-year high
P/S against its own 10 years 60.63%
10-year low 10-year high
P/B against its own 10 years 51.05%
10-year low 10-year high
EV/Sales against its own 10 years 68.56%
10-year low 10-year high
EV/FCF against its own 10 years 51.70%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 773 752 1,319 657
Receivables 332 385 334 456
Inventory 186 183 197 299
Other 95 5 — —
1,486 1,415 1,929 1,523
2023 2024 2025 Q'26
Payables 241 185 290 332
ST’ Debt 3 — — 27
Other — — — —
520 465 543 662

Compound Annual Growth %

10y 5y 3y
Sales 8.91% 7.28% 9.90%
Cash Flow 0.00% 44.44% 191.41%
Earnings 0.00% 0.00% 0.00%
Book Value 3.31% 11.26% 20.35%

Revenue $m

Mar Jun Sep Dec Year
’26 393 496 — — —
’25 307 391 394 385 1,476
’24 350 399 378 430 1,558
’23 288 617 381 377 1,663
’22 279 276 252 305 1,112
’21 251 304 294 324 1,174
’20 246 248 265 280 1,039
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (166) 145 — — —
’25 99 150 102 170 521
’24 21 146 82 190 439
’23 (21) 216 100 107 401
’22 22 (2) 1 1 21
’21 (45) 33 83 31 102
’20 (40) (4) 60 67 83
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (170) 137 — — —
’25 90 136 84 171 481
’24 13 139 73 181 406
’23 (28) 206 85 91 354
’22 14 (12) (10) (9) (17)
’21 (53) 26 78 22 73
’20 (60) (15) 54 62 41
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.40) 0.00 — — —
’25 0.13 0.52 0.49 0.29 1.43
’24 0.21 0.53 0.55 0.88 2.17
’23 (0.25) 1.38 0.28 0.66 2.10
’22 (0.22) (0.18) (0.39) (0.17) (0.97)
’21 (0.14) 0.01 (0.18) 0.01 (0.30)
’20 (0.24) (0.19) 0.00 (0.27) (0.70)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 27.14 46.43 27.54 17.11 11.98 18.02 21.75 22.01 22.90 25.17

Analyst estimates 2026–2028

Powerpack
High 78.88 63.40 71.22 37.75 22.22 33.00 32.79 33.71 32.88 36.45
People
People Employees 1,750 2,000 2,300 2,235 2,245 2,211 2,280 2,100 1,800 2,050
Revenue/emp, $m 0.43 0.45 0.48 0.52 0.46 0.53 0.49 0.79 0.87 0.72
Income, $m
Income, $m Revenue 746 903 1,094 1,171 1,039 1,174 1,112 1,663 1,558 1,476
Gross margin, % 82.28 82.87 83.88 84.59 82.83 83.19 80.39 84.79 84.25 86.69
EBT (214) (143) (127) (197) (97) 88 (31) 422 444 291
EBT margin, % (28.75) (15.86) (11.60) (16.83) (9.29) 7.47 (2.80) 25.34 28.49 19.75
Net income (208) (158) (139) (197) (111) (48) (158) 356 367 242
Depreciation 94 99 104 80 82 79 78 75 29 27
Per share, $
Per share, $ Revenue 4.92 5.89 7.05 7.46 6.54 7.29 6.79 10.01 9.42 8.96
Earnings (1.38) (1.03) (0.90) (1.25) (0.70) (0.30) (0.97) 2.14 2.22 1.47
Cash flow (0.42) 0.13 0.64 0.46 0.52 0.63 0.13 2.41 2.66 3.16
Capex (0.29) (0.33) (0.44) (0.57) (0.26) (0.18) (0.23) (0.29) (0.20) (0.24)
Free cash flow (0.71) (0.21) 0.20 (0.11) 0.26 0.45 (0.11) 2.13 2.46 2.92
Book value 7.98 7.84 7.55 6.91 6.72 6.91 6.37 7.24 8.86 11.05
Shares, m 151 153 155 157 159 161 164 166 165 165
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 13.31 12.90 19.03
P/S 11.40 9.38 4.18 2.74 3.05 3.19 3.81 2.86 3.05 3.12
P/B 7.03 7.04 3.91 2.95 2.97 3.36 4.06 3.96 3.25 2.53
EV/Sales 11.11 9.21 3.95 2.52 2.70 2.98 3.53 2.57 2.76 2.42
EV/FCF (77.24) (260.41) 142.22 (163.99) 68.05 47.35 (227.81) 12.09 10.57 7.43
Cash, $m
Cash, $m Operating cash flow (64) 19 99 72 83 102 21 401 439 521
Capex (43) (51) (69) (90) (42) (29) (38) (48) (33) (39)
Free cash flow (107) (32) 30 (18) 41 73 (17) 354 406 481
Balance, $m
Balance, $m Working capital 579 518 643 571 673 591 633 965 950 1,386
Total debt 284 281 279 277 275 296 293 291 — —
Net debt (214) (152) (260) (258) (360) (241) (315) (483) (752) (1,319)
Shareholders’ equity 1,209 1,203 1,171 1,085 1,067 1,113 1,044 1,203 1,465 1,819
Returns, %
Returns, % ROA (11.64) (8.96) (7.69) (10.83) (5.90) (2.42) (7.94) 17.35 17.51 10.64
ROIC (13.10) (8.80) (6.80) (13.25) (9.94) 7.01 (0.52) 35.95 36.86 31.75
ROE (16.52) (13.10) (11.74) (17.43) (10.30) (4.42) (14.68) 31.67 27.52 14.72
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Alkermes plc vs peers in Drug Manufacturers Specialty & Generic (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ELAN Elanco Animal Health Incorporated $11.8B — (loss-making) 278× +10.23% (above 0%: growing) +450.00% (above 0%: growing) +35.56% (above 0%: growing) 58.33% 7.97% Compare
RDY Dr. Reddy's Laboratories Ltd $10.7B 32.9× 24.3× −14.44% (below 0%: shrinking) −70.00% (below 0%: shrinking) −143.40% (below 0%: shrinking) 46.54% 4.81% Compare
HIMS Hims & Hers Health, Inc. $6.9B — (loss-making) — (loss-making) +38.25% (above 0%: growing) n/m +5.09% (above 0%: growing) 63.83% (12.90%) Compare
ALKS Alkermes plc $6.7B 102× — (loss-making) +26.97% (above 0%: growing) −99.43% (below 0%: shrinking) +1.13% (above 0%: growing) 80.22% 3.70%
LNTH Lantheus Holdings, Inc. $6.5B 23.7× 25.3× +2.68% (above 0%: growing) 0.00% +13.55% (above 0%: growing) 62.30% 25.82% Compare
KNSA Kiniksa Pharmaceuticals International, plc $6.2B 73.4× 38.7× +55.36% (above 0%: growing) +37.50% (above 0%: growing) +66.63% (above 0%: growing) 90.32% 11.16% Compare
AMRX AMNEAL PHARMACEUTICALS, INC. $6.2B 38.4× 51.6× +9.89% (above 0%: growing) +157.14% (above 0%: growing) −351.41% (below 0%: shrinking) 42.01% 16.30% Compare
RGC Regencell Bioscience Holdings Limited $4.7B — (loss-making) — — — +57.15% (above 0%: growing) 0.00% — Compare
INDV Indivior Pharmaceuticals Inc. $4.0B 11.2× 11.8× +13.58% (above 0%: growing) +580.00% (above 0%: growing) +58.57% (above 0%: growing) 85.42% 46.36% Compare
Median of peers $6.4B 32.9× 32.0× +10.23% +97.32% +24.56% 60.32% 11.16%

All 86 Drug Manufacturers Specialty & Generic stocks →

Alkermes plc (ALKS) key facts

  • Concern: Alkermes plc’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, down 5.25% from fiscal 2024.
  • Alkermes plc (ALKS) is a Drug Manufacturers Specialty & Generic company in the Healthcare sector, listed on Nasdaq.
  • As of October 16, 2026, ALKS traded at $41.22, a market capitalization of $6.7 billion.
  • Return on equity was 14.7% and debt-to-equity 0.83.
  • Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 5.33 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Alkermes plc (ALKS) Latest News

stockrow.com/ALKS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com