Ligand Pharmaceuticals (LGND) Key Ratios
$285.60
As on 04-Sep-2026 16:00EDT
Market cap
$5,694 Mln
Revenue (TTM)
$291 Mln
P/E Ratio
29.8
P/B Ratio
5.9
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 23.14 | 33.73 | 54.89 | 22.87 | 2.91 |
| EBIT | 385.64 | 419.59 | 396.48 | 23.23 | 54.03 |
| Net Profit | 463.49 | 900.78 | 359.97 | 93.65 | 32.72 |
| EPS | 430.97 | 813.20 | 337.28 | 86.95 | 27.93 |
| Book Value | -- | -- | 9.95 | 10.80 | 2.50 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 37.20 | 33.78 | 82.50 | 59.29 | 3.32 |
| Net Margin
| -- | 24.89 | 67.88 | -- | -- |
| Return on equity
| 6.99 | 4.75 | 19.87 | 13.47 | -0.53 |
| Return on Capital
| 5.92 | 3.81 | -- | 10.79 | -0.52 |
| Return on Assets
| 5.40 | 3.45 | 12.15 | 9.95 | -0.47 |
| Debt to Equity (x)
| -- | -- | 1.16 | 0.44 | 0.01 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
--
|
10.79
|
-0.52
|
7.49
|
-3.64
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
19.87
Higher than Peers by 0.90
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
19.87
|
13.47
|
-0.53
|
8.03
|
-4.70
|
|
Peer Median
|
18.97
|
--
|
--
|
--
|
--
|
ROA
12.15
Higher than Peers by 9.29
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
12.15
|
9.95
|
-0.47
|
6.73
|
-3.24
|
|
Peer Median
|
2.86
|
--
|
--
|
--
|
--
|
EBIT Margin
82.50
Higher than Peers by 66.68
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
82.50
|
59.29
|
3.32
|
48.98
|
19.27
|
|
Peer Median
|
15.82
|
--
|
--
|
--
|
--
|
Net Margin
67.88
Higher than Peers by 59.65
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
67.88
|
46.42
|
-2.41
|
39.72
|
-17.00
|
|
Peer Median
|
8.23
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
54.89
Higher than Peers by 46.83
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
54.89
|
0.60
|
0.27
|
-0.33
|
-0.19
|
|
Peer Median
|
8.05
|
--
|
--
|
--
|
--
|
EBIT Growth
396.48
Higher than Peers by 388.21
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
396.48
|
2,761.57
|
-91.36
|
70.10
|
-58.82
|
|
Peer Median
|
8.26
|
--
|
--
|
--
|
--
|
Net Profit Growth
359.97
Higher than Peers by 352.23
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
359.97
|
3,186.63
|
-107.73
|
256.33
|
-158.39
|
|
Peer Median
|
7.73
|
--
|
--
|
--
|
--
|
EPS Growth
337.28
Higher than Peers by 326.88
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
337.28
|
28.71
|
-1.07
|
2.49
|
-1.58
|
|
Peer Median
|
10.39
|
--
|
--
|
--
|
--
|
Book Value Growth
6.56
Higher than Peers by 1.68
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
6.56
|
--
|
--
|
--
|
--
|
|
Peer Median
|
4.87
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.16
Higher than Peers by 0.56
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
1.16
|
0.44
|
0.01
|
0.01
|
0.15
|
|
Peer Median
|
0.60
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.00
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
0.00
|
0.00
|
0.00
|
0.00
|
0.13
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
31.18
Higher than Peers by 29.53
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
31.18
|
22.23
|
8.93
|
14.15
|
2.67
|
|
Peer Median
|
1.65
|
--
|
--
|
--
|
--
|
Quick Ratio
30.96
Higher than Peers by 29.76
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
30.96
|
21.98
|
8.55
|
12.72
|
2.53
|
|
Peer Median
|
1.20
|
--
|
--
|
--
|
--
|
Interest Coverage
39.44
Higher than Peers by 34.67
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
39.44
|
33.71
|
1.83
|
98.04
|
21.02
|
|
Peer Median
|
4.77
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
24.07
Higher than Peers by 2.79
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
24.07
|
22.77
|
25.40
|
29.94
|
17.85
|
|
Peer Median
|
21.27
|
--
|
--
|
--
|
--
|
Asset Turnover
0.18
Lower than Peers by 0.22
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
0.18
|
0.21
|
0.19
|
0.17
|
0.19
|
|
Peer Median
|
0.40
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
--
|
70.50
|
89.34
|
103.40
|
117.89
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
--
|
644.28
|
628.04
|
194.16
|
140.42
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
--
|
234.84
|
126.32
|
40.30
|
47.40
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
--
|
479.94
|
591.06
|
257.26
|
210.92
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
29.84
Lower than Peers by 8.06
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
29.84
|
32.11
|
-504.23
|
24.21
|
-33.82
|
|
Peer Median
|
37.91
|
--
|
--
|
--
|
--
|
Price / Book Value
5.92
Lower than Peers by 1.78
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
5.92
|
3.93
|
2.45
|
1.80
|
1.89
|
|
Peer Median
|
7.69
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.56
|
--
|
--
|
--
|
--
|
EV/EBITDA
19.79
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
19.79
|
19.27
|
43.73
|
10.89
|
12.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
5,694
Higher than Peers by 3,124
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Ligand Pharmaceuticals (LGND)
|
5,694
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2,569
|
--
|
--
|
--
|
--
|