Ligand Pharmaceuticals Incorporated

LGND Healthcare Biotechnology

Ligand Pharmaceuticals Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $268.1 million, up 60.4% from fiscal 2024.

Revenue
−31.8%
EPS
−123.8%
Free cash flow
−268.5%
Total debt
+153.3%

Quarter to September 2026, against a year earlier

306.43 7.43 +2.48%
Market cap
$6.0B
P/E
118×
Fwd P/E
88.3×
Dividend yield
—
F-score
6/9
Altman Z
5.45
Beneish M
−4.02
Dividend safety
n/a
Older periods Dec '25 Mar '26 Jun '26 Sep '26
P/E ratio

+8 more quarters

30.01 25.47 31.58 120.47
P/S ratio
13.64 14.46 21.83 24.57
P/FCF ratio
60.02 29.50 44.23 59.85
P/Operating CF
79.63 81.53 264.04 (226.00)
P/B ratio
3.59 3.98 6.55 6.48
EV/Sales
12.77 13.49 21.25 27.55
EV/EBITDA
48.15 29.82 49.70 121.00
EV/FCF
56.19 27.50 43.07 67.12
Current Ratio
22.23 21.28 31.18 13.35
Net Debt/EBITDA
(15.05) (13.85) (14.86) (164.93)
Debt/Equity
0.44 0.45 1.16 1.17
Earnings Yield
3.33% 3.93% 3.17% 0.83%
Free Cash Flow Yield
1.67% 3.39% 2.26% 1.67%
Free Cash Flow per Share
2.38 2.79 1.19 (1.26)
Book value per Share
52.60 50.16 48.22 48.18
Free Cash Flow
46.12 55.44 23.87 (25.09)
EV/EBIT
83.48 39.14 65.18 290.85
Other line items

Show all line items

Columns are period end dates · fundamentals updated 6 Nov 2026