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Alkermes ALKS Free cash flow margin

Free cash flow margin at other companies

Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
24.6%-2.9pp
Jazz Pharmaceuticals logo
Jazz PharmaceuticalsJAZZ
28.6%-8.6pp
AbbVie logo
AbbVieABBV
31.8%+5.0pp
Axsome Therapeutics logo
Axsome TherapeuticsAXSM
-10.2%-3.9pp
Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
-77.4%+35.3pp
Neurocrine Biosciences logo
Neurocrine BiosciencesNBIX
26.8%+6.4pp

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

Returns & leverage

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Return on equity9.4%-16.1pp
Debt / equity0.9×+0.9×
Current ratio2.3×-1.1×

Where this comes from

Calculated from Alkermes’s reported figures.

Based on trailing twelve months.

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 free cash flow margin?
Alkermes (ALKS) reported free cash flow margin of 14.2% in Q1 2026.
How has Alkermes's free cash flow margin changed year-over-year?
Alkermes's free cash flow margin decreased by 55.4% year-over-year, from 31.8% to 14.2%.
What is the long-term trend for Alkermes's free cash flow margin?
Over 5 years (2020 to 2025), Alkermes's free cash flow margin has grown at a 52.8% compound annual growth rate (CAGR), from 3.9% to 32.5%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.