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Alkermes ALKS Debt-to-equity

Debt-to-equity at other companies

Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
2.2×-0.6×
Jazz Pharmaceuticals logo
Jazz PharmaceuticalsJAZZ
1.2×-0.1×
AbbVie logo
AbbVieABBV
46.6×+38.6×
Axsome Therapeutics logo
Axsome TherapeuticsAXSM
+0.1×
Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
1.4×+1.1×
Neurocrine Biosciences logo
Neurocrine BiosciencesNBIX
0.1×-0.1×

Other financials

Income statement

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Revenue$392.9M+28.2%
Gross profit$331.3M+28.8%
Operating income-$48.3M-450%
Net income-$66.5M-396%
EPS (diluted)-$0.40-408%

Balance sheet

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Cash & equivalents$351.6M-12.1%
Total debt$1.6B+2,034%
Total equity$1.8B+15.9%
Total assets$4.3B+105%

Cash flow

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Operating cash flow-$165.7M-268%
CapEx$4.1M-59.5%
Free cash flow-$169.8M-291%

Valuation

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Market cap$7.5B+9.7%
Enterprise value$8.73B+41.2%
P/E49.1×+29.7×
P/S4.8×+0.3×

Profitability

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Gross margin86.6%+2.2pp
Operating margin12.3%-13.6pp
Net margin9.8%-13.5pp
FCF margin14.2%-17.6pp

Returns & leverage

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Return on equity9.4%-16.1pp
Current ratio2.3×-1.1×

Where this comes from

Calculated from Alkermes’s reported figures.

Based on the most recent quarter.

The official record: Alkermes’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alkermes's debt-to-equity?
Alkermes (ALKS) reported debt-to-equity of 0.9× in Q1 2026.
How has Alkermes's debt-to-equity changed year-over-year?
Alkermes's debt-to-equity increased by 1742.9% year-over-year, from 0× to 0.9×.
What is the long-term trend for Alkermes's debt-to-equity?
Over 5 years (2020 to 2025), Alkermes's debt-to-equity has grown at a -36.9% compound annual growth rate (CAGR), from 0.4× to 0×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.