Biotechnology
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EXEL vs ALKS
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
EXEL vs ALKS — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Biotechnology | Biotechnology |
| Market Cap | $12.37B | $5.89B |
| Revenue (TTM) | $2.38B | $1.56B |
| Net Income (TTM) | $833M | $153M |
| Gross Margin | 71.6% | 65.4% |
| Operating Margin | 39.4% | 12.3% |
| Forward P/E | 14.7x | 24.7x |
| Total Debt | $173M | $70M |
| Cash & Equiv. | $482M | $1.12B |
EXEL vs ALKS — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Exelixis, Inc. (EXEL) | 100 | 197.1 | +97.1% |
| Alkermes plc (ALKS) | 100 | 215.9 | +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.
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%
In this particular matchup, ALKS is outpaced on most metrics by others in the set.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 7.0% revenue growth vs ALKS's -5.2% | |
| Value | Lower P/E (14.7x vs 24.7x) | |
| Quality / Margins | 35.1% margin vs ALKS's 9.8% | |
| Stability / Safety | Beta 0.80 vs ALKS's 1.06 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +32.1% vs ALKS's +16.3% | |
| Efficiency (ROA) | 30.5% 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
EXEL vs ALKS — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
EXEL leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
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.
| Metric | ||
|---|---|---|
| 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% |
Valuation Metrics
ALKS leads this category, winning 3 of 5 comparable metrics.
Valuation 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.
| Metric | ||
|---|---|---|
| Market CapShares × price | $12.4B | $5.9B |
| Enterprise ValueMkt cap + debt − cash | $12.1B | $4.8B |
| Trailing P/EPrice ÷ TTM EPS | 17.52x | 24.70x |
| Forward P/EPrice ÷ next-FY EPS est. | 14.71x | — |
| PEG RatioP/E ÷ EPS growth rate | 0.34x | — |
| EV / EBITDAEnterprise value multiple | 13.38x | 17.20x |
| Price / SalesMarket cap ÷ Revenue | 5.33x | 3.99x |
| Price / BookPrice ÷ Book value/share | 6.35x | 3.28x |
| Price / FCFMarket cap ÷ FCF | 14.65x | 12.25x |
Profitability & Efficiency
EXEL leads this category, winning 4 of 7 comparable metrics.
Profitability & Efficiency
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.
| Metric | ||
|---|---|---|
| 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 0–9 | 7 | 7 |
| Debt / EquityFinancial leverage | 0.08x | 0.04x |
| 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 expense | — | 32.30x |
Total Returns (Dividends Reinvested)
EXEL leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
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.
| Metric | ||
|---|---|---|
| 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% |
Risk & Volatility
EXEL leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
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.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.80x | 1.06x |
| 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 0–100 | 50.9 | 66.6 |
| Avg Volume (50D)Average daily shares traded | 2.6M | 2.3M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
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).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $45.71 | $44.00 |
| # AnalystsCovering analysts | 32 | 28 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | 0 |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +7.7% | +0.5% |
EXEL leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). ALKS leads in 1 (Valuation Metrics).
EXEL vs ALKS: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is 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.
02Which 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.
03Which 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.
04Which 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.
05Which 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.
06Which 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.
07Is EXEL or ALKS more undervalued right now?
Analyst consensus price targets imply the most upside for ALKS: 24.
6% to $44. 00.
08Which 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.
09Is 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.
10What 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.
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