Alkermes plc. price to free cash flow ALKS
Market value divided by free cash flow over the last twelve months, since 2012.
- Today, Oct 23, 2026
- 33.0×
- 8-year median
- 33.1×
- Against its 8-year history
- 50th
- percentile: 0 is its lowest day, 100 its highest
- 8-year range
- 8.9× to 337×
- Peer median
- 50.9×
Alkermes plc.'s price to free cash flow is 33.0× as of Oct 23, 2026.
That is below its 8-year median of 33.1×, close to the middle of its last 8 years.
Over that time it ranged from 8.9× in Jul 2025 to 337× in Jan 2023.
The median for 10 large drugmakers of a similar size is 50.9×.
Price to free cash flow over time
The dashed line is the 8-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 33.0× | 9.5× | 41.4× |
| 2025 | 9.6× | 8.9× | 16.2× |
| 2024 | 15.2× | 10.0× | 21.1× |
| 2023 | 18.2× | 15.6× | 337× |
| 2022 | 304× | 31.2× | 304× |
| 2021 | 33.2× | 31.2× | 85.6× |
| 2020 | 214× | 196× | 220× |
| 2019 | 231× | 45.8× | 237× |
| 2018 | n/m a value too high to mean anything | ||
| 2017 | n/m a value too high to mean anything | ||
| 2016 | n/m a value too high to mean anything | ||
| 2015 | n/m a value too high to mean anything | ||
| 2014 | 116× | 47.5× | 118× |
| 2013 | 48.3× | 34.3× | 88.0× |
| 2012 | 72.8× | 72.8× | 79.5× |
Against its peers
Companies in Drug Manufacturers - General nearest Alkermes plc.'s size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| ALKSAlkermes plc. | 33.0× |
| AMRXAmneal Pharmaceuticals | 50.9× |
| TGTXTG Therapeutics | 477× |
| LGNDLigand Pharmaceuticals | 46.0× |
| KNSAKiniksa Pharmaceuticals International | 32.7× |
| PTGXProtagonist Therapeutics | 68.6× |
| CORTCorcept Therapeutics | 86.8× |
| BMRNBiomarin Pharmaceutical | 14.7× |
| INDVIndivior Pharmaceuticals | n/m |
| ARQTArcutis Biotherapeutics | 100× |
| JAZZJazz Pharmaceuticals | 8.7× |
| Peer median | 50.9× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Alkermes plc.
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.