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Stock Comparison

EXEL vs ALKS

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
EXEL
Exelixis, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$12.37B
5Y Perf.+97.1%
ALKS
Alkermes plc

Biotechnology

HealthcareNASDAQ • IE
Market Cap$5.89B
5Y Perf.+115.9%

EXEL vs ALKS — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
EXEL logoEXEL
ALKS logoALKS
IndustryBiotechnologyBiotechnology
Market Cap$12.37B$5.89B
Revenue (TTM)$2.38B$1.56B
Net Income (TTM)$833M$153M
Gross Margin71.6%65.4%
Operating Margin39.4%12.3%
Forward P/E14.7x24.7x
Total Debt$173M$70M
Cash & Equiv.$482M$1.12B

EXEL vs ALKSLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

EXEL
ALKS
StockMay 20May 26Return
Exelixis, Inc. (EXEL)100197.1+97.1%
Alkermes plc (ALKS)100215.9+115.9%

Price return only. Dividends and distributions are not included.

Quick Verdict: EXEL vs ALKS

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: EXEL leads in 6 of 7 categories, making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. As sector peers, any of these can serve as alternatives in the same allocation.
EXEL
Exelixis, Inc.
The Income Pick

EXEL carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.

  • beta 0.80
  • Rev growth 7.0%, EPS growth 58.0%, 3Y rev CAGR 12.9%
  • 9.2% 10Y total return vs ALKS's -7.7%
Best for: income & stability and growth exposure
ALKS
Alkermes plc
The Quality Angle

In this particular matchup, ALKS is outpaced on most metrics by others in the set.

Best for: healthcare exposure
See the full category breakdown
CategoryWinnerWhy
GrowthEXEL logoEXEL7.0% revenue growth vs ALKS's -5.2%
ValueEXEL logoEXELLower P/E (14.7x vs 24.7x)
Quality / MarginsEXEL logoEXEL35.1% margin vs ALKS's 9.8%
Stability / SafetyEXEL logoEXELBeta 0.80 vs ALKS's 1.06
DividendsTieNeither stock pays a meaningful dividend
Momentum (1Y)EXEL logoEXEL+32.1% vs ALKS's +16.3%
Efficiency (ROA)EXEL logoEXEL30.5% ROA vs ALKS's 5.4%, ROIC 32.1% vs 18.9%

EXEL vs ALKS — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

EXELExelixis, Inc.
FY 2025
Product, Gross
64.9%$3.0B
Product
45.7%$2.1B
License
4.6%$214M
Collaboration
4.3%$197M
Service
-0.4%$-17,053,000
Product, Sales Discounts And Allowances
-19.2%$-889,003,000
ALKSAlkermes plc
FY 2025
Vivitrol
39.8%$468M
Aristada And Aristada Initio
31.5%$370M
Manufactured Product And Royalty
24.8%$291M
Manufacturing Revenue
3.9%$46M

EXEL vs ALKS — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLEXELLAGGINGALKS

Income & Cash Flow (Last 12 Months)

EXEL leads this category, winning 5 of 6 comparable metrics.

EXEL is the larger business by revenue, generating $2.4B annually — 1.5x ALKS's $1.6B. EXEL is the more profitable business, keeping 35.1% of every revenue dollar as net income compared to ALKS's 9.8%. On growth, ALKS holds the edge at +28.2% YoY revenue growth, suggesting stronger near-term business momentum.

MetricEXEL logoEXELExelixis, Inc.ALKS logoALKSAlkermes plc
RevenueTrailing 12 months$2.4B$1.6B
EBITDAEarnings before interest/tax$958M$212M
Net IncomeAfter-tax profit$833M$153M
Free Cash FlowCash after capex$918M$392M
Gross MarginGross profit ÷ Revenue+71.6%+65.4%
Operating MarginEBIT ÷ Revenue+39.4%+12.3%
Net MarginNet income ÷ Revenue+35.1%+9.8%
FCF MarginFCF ÷ Revenue+38.7%+25.1%
Rev. Growth (YoY)Latest quarter vs prior year+10.0%+28.2%
EPS Growth (YoY)Latest quarter vs prior year+43.6%-4.1%
EXEL leads this category, winning 5 of 6 comparable metrics.

Valuation Metrics

ALKS leads this category, winning 3 of 5 comparable metrics.

At 17.5x trailing earnings, EXEL trades at a 29% valuation discount to ALKS's 24.7x P/E. On an enterprise value basis, EXEL's 13.4x EV/EBITDA is more attractive than ALKS's 17.2x.

MetricEXEL logoEXELExelixis, Inc.ALKS logoALKSAlkermes plc
Market CapShares × price$12.4B$5.9B
Enterprise ValueMkt cap + debt − cash$12.1B$4.8B
Trailing P/EPrice ÷ TTM EPS17.52x24.70x
Forward P/EPrice ÷ next-FY EPS est.14.71x
PEG RatioP/E ÷ EPS growth rate0.34x
EV / EBITDAEnterprise value multiple13.38x17.20x
Price / SalesMarket cap ÷ Revenue5.33x3.99x
Price / BookPrice ÷ Book value/share6.35x3.28x
Price / FCFMarket cap ÷ FCF14.65x12.25x
ALKS leads this category, winning 3 of 5 comparable metrics.

Profitability & Efficiency

EXEL leads this category, winning 4 of 7 comparable metrics.

EXEL delivers a 40.2% return on equity — every $100 of shareholder capital generates $40 in annual profit, vs $9 for ALKS. ALKS carries lower financial leverage with a 0.04x debt-to-equity ratio, signaling a more conservative balance sheet compared to EXEL's 0.08x.

MetricEXEL logoEXELExelixis, Inc.ALKS logoALKSAlkermes plc
ROE (TTM)Return on equity+40.2%+8.8%
ROA (TTM)Return on assets+30.5%+5.4%
ROICReturn on invested capital+32.1%+18.9%
ROCEReturn on capital employed+35.0%+14.2%
Piotroski ScoreFundamental quality 0–977
Debt / EquityFinancial leverage0.08x0.04x
Net DebtTotal debt minus cash-$309M-$1.0B
Cash & Equiv.Liquid assets$482M$1.1B
Total DebtShort + long-term debt$173M$70M
Interest CoverageEBIT ÷ Interest expense32.30x
EXEL leads this category, winning 4 of 7 comparable metrics.

Total Returns (Dividends Reinvested)

EXEL leads this category, winning 5 of 6 comparable metrics.

A $10,000 investment in EXEL five years ago would be worth $20,973 today (with dividends reinvested), compared to $16,047 for ALKS. Over the past 12 months, EXEL leads with a +32.1% total return vs ALKS's +16.3%. The 3-year compound annual growth rate (CAGR) favors EXEL at 36.8% vs ALKS's 4.5% — a key indicator of consistent wealth creation.

MetricEXEL logoEXELExelixis, Inc.ALKS logoALKSAlkermes plc
YTD ReturnYear-to-date+11.7%+25.0%
1-Year ReturnPast 12 months+32.1%+16.3%
3-Year ReturnCumulative with dividends+155.9%+14.3%
5-Year ReturnCumulative with dividends+109.7%+60.5%
10-Year ReturnCumulative with dividends+916.7%-7.7%
CAGR (3Y)Annualised 3-year return+36.8%+4.5%
EXEL leads this category, winning 5 of 6 comparable metrics.

Risk & Volatility

EXEL leads this category, winning 2 of 2 comparable metrics.

EXEL is the less volatile stock with a 0.80 beta — it tends to amplify market swings less than ALKS's 1.06 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.

MetricEXEL logoEXELExelixis, Inc.ALKS logoALKSAlkermes plc
Beta (5Y)Sensitivity to S&P 5000.80x1.06x
52-Week HighHighest price in past year$49.62$36.60
52-Week LowLowest price in past year$33.76$25.17
% of 52W HighCurrent price vs 52-week peak+98.1%+96.5%
RSI (14)Momentum oscillator 0–10050.966.6
Avg Volume (50D)Average daily shares traded2.6M2.3M
EXEL leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Wall Street rates EXEL as "Buy" and ALKS as "Buy". Consensus price targets imply 24.6% upside for ALKS (target: $44) vs -6.1% for EXEL (target: $46).

MetricEXEL logoEXELExelixis, Inc.ALKS logoALKSAlkermes plc
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$45.71$44.00
# AnalystsCovering analysts3228
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises0
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap+7.7%+0.5%
Insufficient data to determine a leader in this category.
Key Takeaway

EXEL leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). ALKS leads in 1 (Valuation Metrics).

Best OverallExelixis, Inc. (EXEL)Leads 4 of 6 categories
Loading custom metrics...

EXEL vs ALKS: Frequently Asked Questions

10 questions · data-driven answers · updated daily

01

Is EXEL or ALKS a better buy right now?

For growth investors, Exelixis, Inc.

(EXEL) is the stronger pick with 7. 0% revenue growth year-over-year, versus -5. 2% for Alkermes plc (ALKS). Exelixis, Inc. (EXEL) offers the better valuation at 17. 5x trailing P/E (14. 7x forward), making it the more compelling value choice. Analysts rate Exelixis, Inc. (EXEL) a "Buy" — based on 32 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — EXEL or ALKS?

On trailing P/E, Exelixis, Inc.

(EXEL) is the cheapest at 17. 5x versus Alkermes plc at 24. 7x.

03

Which is the better long-term investment — EXEL or ALKS?

Over the past 5 years, Exelixis, Inc.

(EXEL) delivered a total return of +109. 7%, compared to +60. 5% for Alkermes plc (ALKS). Over 10 years, the gap is even starker: EXEL returned +916. 7% versus ALKS's -7. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — EXEL or ALKS?

By beta (market sensitivity over 5 years), Exelixis, Inc.

(EXEL) is the lower-risk stock at 0. 80β versus Alkermes plc's 1. 06β — meaning ALKS is approximately 33% more volatile than EXEL relative to the S&P 500. On balance sheet safety, Alkermes plc (ALKS) carries a lower debt/equity ratio of 4% versus 8% for Exelixis, Inc. — giving it more financial flexibility in a downturn.

05

Which is growing faster — EXEL or ALKS?

By revenue growth (latest reported year), Exelixis, Inc.

(EXEL) is pulling ahead at 7. 0% versus -5. 2% for Alkermes plc (ALKS). On earnings-per-share growth, the picture is similar: Exelixis, Inc. grew EPS 58. 0% year-over-year, compared to -34. 1% for Alkermes plc. Over a 3-year CAGR, EXEL leads at 12. 9% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — EXEL or ALKS?

Exelixis, Inc.

(EXEL) is the more profitable company, earning 33. 7% net margin versus 16. 4% for Alkermes plc — meaning it keeps 33. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: EXEL leads at 37. 6% versus 17. 2% for ALKS. At the gross margin level — before operating expenses — EXEL leads at 96. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is EXEL or ALKS more undervalued right now?

Analyst consensus price targets imply the most upside for ALKS: 24.

6% to $44. 00.

08

Which pays a better dividend — EXEL or ALKS?

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

09

Is EXEL or ALKS better for a retirement portfolio?

For long-horizon retirement investors, Exelixis, Inc.

(EXEL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 80), +916. 7% 10Y return). Both have compounded well over 10 years (EXEL: +916. 7%, ALKS: -7. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between EXEL and ALKS?

Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: EXEL is a mid-cap deep-value stock; ALKS is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

Find Stocks Like These

Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.

Stocks Like

EXEL

Quality Mega-Cap Compounder

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 5%
  • Net Margin > 21%
Run This Screen
Stocks Like

ALKS

High-Growth Disruptor

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 14%
  • Net Margin > 5%
Run This Screen
Custom Screen

Beat Both

Find stocks that outperform EXEL and ALKS on the metrics below

Revenue Growth>
%
(EXEL: 10.0% · ALKS: 28.2%)
Net Margin>
%
(EXEL: 35.1% · ALKS: 9.8%)
P/E Ratio<
x
(EXEL: 17.5x · ALKS: 24.7x)

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