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Alkermes ALKS Net debt / EBITDA

Net debt / EBITDA at other companies

Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
2.7×-0.1×
Jazz Pharmaceuticals logo
Jazz PharmaceuticalsJAZZ
5.6×-2.2×
AbbVie logo
AbbVieABBV
2.5×
Neurocrine Biosciences logo
Neurocrine BiosciencesNBIX
0.2×-0.3×
Arrowhead Research logo
Arrowhead ResearchARWR
-0.3×
ALN
Alnylam PharmaceuticalsALNY
-1.8×

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
Debt / equity0.9×+0.9×
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 net debt / EBITDA?
Alkermes (ALKS) reported net debt / EBITDA of 5.3× in Q1 2026.
How has Alkermes's net debt / EBITDA changed year-over-year?
Alkermes's net debt / EBITDA increased by 784.9% year-over-year, from -0.8× to 5.3×.
What is the long-term trend for Alkermes's net debt / EBITDA?
Over 3 years (2021 to 2025), Alkermes's net debt / EBITDA has grown at a 36.5% compound annual growth rate (CAGR), from 0.4× to -1.1×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.