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
−123.9%
Free cash flow
−268.5%
Total debt
+52.6%

Quarter to September 2026, against a year earlier

306.43 7.43 +2.48%
Market cap
$6.0B
P/E
116×
Fwd P/E
88.3×
Dividend yield
—
F-score
6/9
Altman Z
5.45
Beneish M
−4.02
Dividend safety
n/a

Ligand Pharmaceuticals Incorporated (LGND) EBITDA

Alert me on EBITDA

Ligand Pharmaceuticals Incorporated's EBITDA for fiscal 2025 was $71.1M, up 503.1% from $11.8M in fiscal 2024. Over the twelve months to 30 September 2026 it was $57.3M. Over the past ten years it has ranged from $11.8M (fiscal 2024) to $870.5M (fiscal 2019); the current reading is higher than 55% of that period. Ligand Pharmaceuticals Incorporated ranks 30th of 594 Biotechnology companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2025 $71.1M 503.09%
FY2024 $11.8M (75.12%)
FY2023 $47.4M (14.35%)
FY2022 $55.3M (67.76%)
FY2021 $171.6M 90.62%
FY2020 $90.0M (89.66%)
FY2019 $870.5M 301.26%
FY2018 $216.9M 137.55%
FY2017 $91.3M 37.44%
FY2016 $66.4M 65.17%

Quarterly newest first

Period EBITDA Change
Sep 2026 −$4.1M —
Jun 2026 $16.4M (33.98%)
Mar 2026 $24.9M 23.49%
Dec 2025 $20.2M (67.89%)
43 more quarters

Against its own ten years

Low $11.8M High $870.5M
Ten-year median $71.1M
Current reading's percentile 55

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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