Alkermes
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
14.7113.5312.1012.94
Price/Sales ratio
3.112.973.213.24
Earnings per Share (EPS)
$1.97$2.14$2.39$2.24

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-278.85-52.13-40.39-53.16-32.85-16.29-28.57-77.71-27.0012.96-29.80-32.85
Price/Sales ratio
13.5418.8411.299.294.182.733.043.183.842.774.244.18
Price/Book Value ratio
6.009.016.966.983.902.952.963.364.093.834.513.90
Price/Cash Flow ratio
752.55-293.45-131.96437.5446.1044.4538.2436.80203.0611.48224.1246.10
Price/Free Cash Flow ratio
-372.36-127.03-78.35-261.48153.34-169.8277.9851.49-248.2913.05196.57153.34
Price/Earnings Growth ratio
1.32-0.084.382.092.60-0.410.641.36-0.12-0.040.13-0.41
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
27.62%23.06%30.36%37.16%45.00%40.79%44.84%48.54%80.38%82.64%80.38%45.00%
Operating Profit Margin
-14.08%-35.69%-27.98%-16.37%-9.05%-13.84%-10.82%-2.27%-12.79%24.89%-12.79%-13.84%
Pretax Profit Margin
-2.26%-35.65%-28.74%-15.85%-11.60%-16.82%-9.29%-3.34%-15.04%25.34%-15.04%-16.82%
Net Profit Margin
-4.85%-36.15%-27.95%-17.48%-12.73%-16.79%-10.67%-4.10%-14.23%21.38%-14.23%-16.79%
Effective Tax Rate
-114.27%-1.40%2.77%-10.23%-9.72%0.22%-14.83%-22.54%5.40%-23.16%-5.40%-9.72%
Return on Assets
-1.56%-12.24%-12.07%-8.78%-7.63%-10.89%-5.68%-2.37%-8.05%16.65%-8.05%-10.89%
Return On Equity
-2.15%-17.28%-17.23%-13.13%-11.89%-18.11%-10.39%-4.32%-15.16%29.58%-14.91%-18.11%
Return on Capital Employed
-4.86%-13.84%-13.77%-9.82%-6.67%-11.45%-7.43%-1.71%-9.70%25.62%-9.70%-11.45%
Liquidity Ratios
Current Ratio
6.713.193.722.772.892.452.53N/AN/AN/A2.272.45
Quick Ratio
7.624.154.002.992.862.402.302.422.172.491.812.40
Cash ratio
1.710.760.870.650.780.520.620.710.580.870.580.52
Days of Sales Outstanding
89.3990.3293.5494.37100.2182.75101.74101.5497.4773.1197.4782.75
Days of Inventory outstanding
41.8529.0044.2859.9754.7053.6080.1090.86303.59235.64303.5954.70
Operating Cycle
131.24119.32137.82154.35154.92136.35181.84192.40401.07308.75327.63154.92
Days of Payables Outstanding
26.3528.2432.5235.7024.1128.5729.3233.6754.9682.99368.3124.11
Cash Conversion Cycle
104.8991.08105.29118.65130.80107.78152.52158.73346.10225.76-195.98107.78
Debt Ratios
Debt Ratio
0.180.180.160.150.150.150.140.140.140.130.460.15
Debt Equity Ratio
0.250.260.230.230.230.250.250.260.280.240.880.23
Long-term Debt to Capitalization
0.200.170.180.180.190.200.200.200.210.190.260.19
Total Debt to Capitalization
0.200.210.180.180.190.200.200.210.210.190.270.19
Interest Coverage Ratio
-6.48-16.93-14.01-12.31-6.42-12.90-12.98N/AN/AN/A-10.90-12.90
Cash Flow to Debt Ratio
0.03-0.11-0.220.060.350.260.300.340.071.380.050.26
Company Equity Multiplier
1.371.411.421.491.551.661.821.811.881.771.881.55
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.01-0.06-0.080.020.090.060.070.080.010.240.010.06
Free Cash Flow / Operating Cash Flow Ratio
-2.022.311.68-1.670.30-0.260.490.71-0.810.881.140.30
Cash Flow Coverage Ratio
0.03-0.11-0.220.060.350.260.300.340.071.380.050.26
Short Term Coverage Ratio
1.65-0.61-21.266.3934.9225.3529.1333.907.01133.781.1225.35
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A