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
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Ligand Pharmaceuticals Incorporated (LGND) Return on invested capital
Ligand Pharmaceuticals Incorporated's return on invested capital over the twelve months to 30 September 2026 was 1.27%, down 2.4 percentage points from fiscal 2025 (3.62%). Over the past ten years it has ranged from −2.50% (fiscal 2024) to 149.5% (fiscal 2019); the current reading is higher than 45% of that period. That is above the Biotechnology industry median of 0.00% and above the Healthcare sector median of 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 3.62% | 6.12 |
| FY2024 | −2.50% | (3.91) |
| FY2023 | 1.41% | 1.01 |
| FY2022 | 0.40% | (7.70) |
| FY2021 | 8.10% | 4.97 |
| FY2020 | 3.13% | (146.41) |
| FY2019 | 149.5% | 125.37 |
| FY2018 | 24.2% | 14.53 |
| FY2017 | 9.64% | 3.44 |
| FY2016 | 6.20% | 0.07 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| PTCT PTC Therapeutics, Inc. compare | 17.7% |
| LGND Ligand Pharmaceuticals Incorporated | 1.27% |
| KOD Kodiak Sciences Inc. compare | 0.00% |
| IONS Ionis Pharmaceuticals, Inc. compare | 0.00% |
| IMVT Immunovant, Inc. compare | 0.00% |
| BLTE Belite Bio, Inc. Sponsored ADR compare | −9.55% |
| ORKA Oruka Therapeutics, Inc. compare | −40.2% |
| MIRM Mirum Pharmaceuticals, Inc. compare | −184.7% |
| CGON CG Oncology, Inc. compare | −4,111.6% |
| Biotechnology industry median | 0.00% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on LGND
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement