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) Return on assets

Alert me on Return on assets

Ligand Pharmaceuticals Incorporated's return on assets over the twelve months to 30 September 2026 was 2.77%, down 7.2 percentage points from fiscal 2025 (9.95%). Over the past ten years it has ranged from −3.24% (fiscal 2022) to 60.4% (fiscal 2015); the current reading is higher than 73% of that period. That is above the Biotechnology industry median of −45.6% and above the Healthcare sector median of −29.3%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 9.95% 10.42
FY2024 −0.47% (7.20)
FY2023 6.73% 9.97
FY2022 −3.24% (7.54)
FY2021 4.30% 4.51
FY2020 −0.21% (45.88)
FY2019 45.7% 30.83
FY2018 14.8% 12.87
FY2017 1.97% 2.27
FY2016 −0.30% (60.69)

Against its own ten years

Low −3.24% High 60.4%
Ten-year median 4.30%
Current reading's percentile 73

Return on assets against peers

Company Return on assets
LGND Ligand Pharmaceuticals Incorporated 2.77%
PTCT PTC Therapeutics, Inc. compare −3.62%
ORKA Oruka Therapeutics, Inc. compare −17.8%
IONS Ionis Pharmaceuticals, Inc. compare −18.9%
BLTE Belite Bio, Inc. Sponsored ADR compare −21.6%
CGON CG Oncology, Inc. compare −25.1%
IMVT Immunovant, Inc. compare −71.1%
KOD Kodiak Sciences Inc. compare −94.3%
MIRM Mirum Pharmaceuticals, Inc. compare −99.8%
Biotechnology industry median −45.6%
Healthcare sector median −29.3%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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