AI Analysis

Log in to generate an AI summary for this stock.

Log in to generate a MOAT report for this stock.

Log in to generate an earnings report for this stock.

Log in to generate an operating leverage report for this stock.

Log in to generate a management report for this stock.

Log in to generate a valuation report for this stock.

Ligand Pharmaceuticals Incorporated

$284.47 +$94.36 (+49.63%)
NASDAQ · 11 Sep 2026 20:00 UTC
Previous Close
$289.25
Day Range
$283.77$293.98
Year Range
$161.82$326.63
Market Cap
5.7B
AVG Volume
313.23K
Trailing/Forward PE
28.42/23.48
PEG ratio
0.95
Dividend Yield
-
Next Earnings Date
2026-11-05
Primary Exchange
NASDAQUS
Revenue (USD)
0100M200M300M2016201720182019202020212022202320242025
LGND Revenue (USD) by year
PeriodRevenue (USD)
2025268.09M
2024167.13M
2023131.31M
2022172.91M
2021277.13M
2020186.42M
2019120.28M
2018251.45M
2017141.1M
2016108.97M
Net Income (USD)
-200M0200M400M600M800M2016201720182019202020212022202320242025
LGND Net Income (USD) by year
PeriodNet Income (USD)
2025124.45M
2024-4.03M
202352.15M
2022-33.36M
202157.14M
2020-2.98M
2019629.3M
2018143.32M
201712.55M
2016-1.64M
Operating Income (USD)
-250M0250M500M750M1B2016201720182019202020212022202320242025
LGND Operating Income (USD) by year
PeriodOperating Income (USD)
202547.2M
2024-22.61M
202311.94M
202235.31M
202178.89M
202025.84M
2019807.08M
2018163.73M
201768.07M
201644.29M
EBITDA (USD)
0100M200M300M2016201720182019202020212022202320242025
LGND EBITDA (USD) by year
PeriodEBITDA (USD)
2025195.99M
202440.79M
2023100.91M
2022120.97M
202183.53M
202044.85M
201938.24M
2018236.52M
201778.88M
201652.6M
Cash Flows (USD)
-100M0100M200M2016201720182019202020212022202320242025
LGND Cash Flows (USD) by year
PeriodCash Flows (USD)
202548.76M
202479.81M
202345.11M
2022118.97M
202166.63M
202047.3M
2019-31.89M
2018182.17M
201786.41M
201634.68M
EPS (USD)
-1001020302016201720182019202020212022202320242025
LGND EPS (USD) by year
PeriodEPS (USD)
20255.83
2024-0.16
20232.75
2022-1.98
20213.34
2020-0.21
201929.34
20185.6
20170.51
2016-0.1
Expenses (USD)
050M100M150M200MR&DSG&ACapex2016201720182019202020212022202320242025
LGND Expenses (USD) by year
PeriodExpenses (USD)
2025174.08M
2024117.28M
202380.85M
202279.17M
2021138.96M
2020131.11M
2019100.34M
201877.48M
201762.69M
201676.17M
Cash & Debt (USD)
0500M1B1.5BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
LGND Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025733.52M
2024256.17M
2023170.31M
2022211.87M
2021341.11M
2020411.19M
20191.07B
2018764.57M
2017201.66M
2016141.05M
Debt ratios
-1.5-1-0.500.520182019202020212022202320242025
LGND Debt ratios by year
PeriodDebt ratios
2025-0.61
2024-0.72
2023-0.47
2022-0.43
2021-0.04
20200.11
2019-1.03
2018-0.32
Margins
0%25%50%75%100%2016201720182019202020212022202320242025
LGND Margins by year
PeriodMargins
202597.54%
202493.37%
202391.98%
202269.45%
202177.56%
202083.68%
201990.57%
201897.48%
201796.2%
201694.89%
Return on Capital
-25%0%25%50%75%100%2016201720182019202020212022202320242025
LGND Return on Capital by year
PeriodReturn on Capital
202512.23%
2024-0.49%
20237.44%
2022-5.58%
20216.96%
2020-0.42%
201982.02%
201825.55%
20173%
2016-0.44%
Shares Outstanding
010M20M30M2016201720182019202020212022202320242025
LGND Shares Outstanding by year
PeriodShares Outstanding
202519.73M
202418.97M
202317.47M
202216.89M
202116.73M
202016.08M
201917.02M
201821.07M
201720.86M
201620.9M
Dividends (USD)
02.557.51020072010
LGND Dividends (USD) by year
PeriodDividends (USD)
20100.46
20079.36
Employee Count
0501001502002016201720182019202020212022202320242025
LGND Employee Count by year
PeriodEmployee Count
202547
202468
202358
202276
2021154
2020155
2019115
2018116
201739
201622
Book Value Per Share (USD)
02040602016201720182019202020212022202320242025
LGND Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
202551.57
202443.77
202340.13
202235.38
202149.07
202044.13
201945.07
201826.62
201720.07
201617.75
Total Assets (USD)
0500M1B1.5B2B2016201720182019202020212022202320242025
LGND Total Assets (USD) by year
PeriodTotal Assets (USD)
20251.56B
2024941.77M
2023787.22M
2022762.67M
20211.3B
20201.36B
20191.49B
20181.26B
2017671.02M
2016601.59M
PE Ratio
020406080100med 40.13Apr 24Jul 24Nov 24Feb 25Feb 26May 26Sep 26
LGND PE Ratio by year
PeriodPE Ratio
Sep 2628.94
Sep 2629.05
Aug 2628.53
Aug 2629.12
Aug 2629.97
Aug 2629.82
Jul 2637.23
Jul 2638.91
Jul 2639.28
Jul 2640.95
Jul 2641.38
Jun 2639.31
Jun 2635.59
Jun 2633.09
Jun 2630.69
May 2630.03
May 2629.69
May 2627.61
May 2628.67
May 2636.05
Apr 2636.66
Apr 2636.74
Apr 2632.48
Apr 2631.64
Mar 2630.98
Mar 2632.46
Mar 2632.16
Mar 2632
Feb 2631.43
Feb 2673.34
Feb 2673.28
Feb 2675.92
Jan 2676.58
Jan 2680.19
Jan 2676.93
Jan 2682.38
Jan 2675.79
Dec 2578.07
Dec 2579.86
Dec 2575.56
Dec 2573.7
Nov 2581
Nov 2579.42
Nov 2580.07
Nov 2580.72
Feb 2549.13
Feb 2548.85
Feb 2546.89
Jan 2547.45
Jan 2546.83
Jan 2545.55
Jan 2543.27
Jan 2545.01
Dec 2444.45
Dec 2446.67
Dec 2447.59
Dec 2450.82
Nov 2449.45
Nov 2448.52
Nov 2445.48
Nov 2449.36
Nov 2447.07
Oct 2447.83
Oct 2445.51
Oct 2444.04
Oct 2444.82
Sep 2441.65
Sep 2443.98
Sep 2444.82
Sep 2443.27
Aug 2445.26
Aug 2444.41
Aug 2443.72
Aug 2442.85
Aug 2418.44
Jul 2419.72
Jul 2418.36
Jul 2418.3
Jul 2415.53
Jun 2415.51
Jun 2414.61
Jun 2414.73
Jun 2414.97
May 2415.65
May 2415.9
May 2415.84
May 2416.06
May 2424.75
Apr 2423.63
Apr 2424.27
Apr 2427.25
Apr 2426.11
Mar 2424.48
Mar 2423.78
Mar 2423.81
Mar 2424.71
Mar 2426.36
Feb 2480.01
Feb 2477.68
Feb 2480.02
Free Cash Flow Yield
0%1%2%3%4%5%med 1.79%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
LGND Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 262.3%
Sep 262.29%
Aug 262.33%
Aug 262.29%
Aug 262.22%
Aug 262.23%
Jul 262.15%
Jul 262.06%
Jul 262.04%
Jul 261.96%
Jul 261.94%
Jun 262.04%
Jun 262.25%
Jun 262.42%
Jun 262.61%
May 262.67%
May 262.7%
May 262.9%
May 262.79%
May 261.09%
Apr 261.07%
Apr 261.07%
Apr 261.21%
Apr 261.24%
Mar 261.26%
Mar 261.21%
Mar 261.22%
Mar 261.22%
Feb 261.25%
Feb 260.86%
Feb 260.86%
Feb 260.83%
Jan 260.82%
Jan 260.79%
Jan 260.82%
Jan 260.77%
Jan 260.83%
Dec 250.81%
Dec 250.79%
Dec 250.84%
Dec 250.86%
Nov 250.78%
Nov 250.8%
Nov 250.79%
Nov 250.78%
Oct 251.08%
Oct 251.1%
Oct 251.14%
Oct 251.16%
Oct 251.14%
Sep 251.22%
Sep 251.24%
Sep 251.25%
Sep 251.24%
Aug 251.28%
Aug 251.3%
Aug 251.37%
Aug 251.38%
Aug 251.39%
Jul 251.36%
Jul 251.33%
Jul 251.52%
Jul 251.61%
Jun 251.62%
Jun 251.62%
Jun 251.64%
Jun 251.74%
May 251.81%
May 251.82%
May 251.77%
May 251.77%
May 253.85%
Apr 253.89%
Apr 254.01%
Apr 254.03%
Apr 254.22%
Mar 253.91%
Mar 253.89%
Mar 253.96%
Mar 253.66%
Feb 253.44%
Feb 252.64%
Feb 252.66%
Feb 252.77%
Jan 252.74%
Jan 252.77%
Jan 252.85%
Jan 253%
Jan 252.88%
Dec 242.92%
Dec 242.78%
Dec 242.73%
Dec 242.56%
Nov 242.63%
Nov 242.68%
Nov 242.86%
Nov 242.63%
Nov 242.2%
Oct 242.16%
Oct 242.27%
Price to Sales
10152025med 14.86Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
LGND Price to Sales by year
PeriodPrice to Sales
Sep 2619.64
Sep 2619.72
Aug 2619.37
Aug 2619.77
Aug 2620.34
Aug 2620.24
Jul 2620.83
Jul 2621.77
Jul 2621.98
Jul 2622.91
Jul 2623.15
Jun 2621.99
Jun 2619.91
Jun 2618.51
Jun 2617.17
May 2616.8
May 2616.61
May 2615.44
May 2616.04
May 2616.74
Apr 2617.02
Apr 2617.06
Apr 2615.08
Apr 2614.69
Mar 2614.38
Mar 2615.07
Mar 2614.93
Mar 2614.86
Feb 2614.59
Feb 2614.18
Feb 2614.17
Feb 2614.68
Jan 2614.81
Jan 2615.51
Jan 2614.88
Jan 2615.93
Jan 2614.66
Dec 2515.1
Dec 2515.44
Dec 2514.61
Dec 2514.25
Nov 2515.66
Nov 2515.36
Nov 2515.48
Nov 2515.61
Oct 2519.71
Oct 2519.26
Oct 2518.72
Oct 2518.31
Oct 2518.65
Sep 2517.49
Sep 2517.16
Sep 2517.08
Sep 2517.18
Aug 2516.66
Aug 2516.39
Aug 2515.57
Aug 2515.46
Aug 2514.03
Jul 2514.36
Jul 2514.71
Jul 2512.87
Jul 2512.12
Jun 2512.07
Jun 2512.06
Jun 2511.9
Jun 2511.21
May 2510.81
May 2510.74
May 2511.05
May 2511.05
May 2512.42
Apr 2512.27
Apr 2511.92
Apr 2511.84
Apr 2511.3
Mar 2512.22
Mar 2512.28
Mar 2512.06
Mar 2513.04
Feb 2513.88
Feb 2514.58
Feb 2514.5
Feb 2513.92
Jan 2514.08
Jan 2513.9
Jan 2513.52
Jan 2512.84
Jan 2513.36
Dec 2413.19
Dec 2413.85
Dec 2414.13
Dec 2415.08
Nov 2414.68
Nov 2414.4
Nov 2413.5
Nov 2414.65
Nov 2414.86
Oct 2415.1
Oct 2414.37
EV/EBITDA
0204060med 20.02Jun 24Oct 24Jan 25May 25Feb 26May 26Sep 26
LGND EV/EBITDA by year
PeriodEV/EBITDA
Sep 2620.02
Sep 2620.11
Aug 2619.73
Aug 2620.16
Aug 2620.77
Aug 2620.66
Jul 2624.25
Jul 2625.41
Jul 2625.67
Jul 2626.82
Jul 2627.12
Jun 2625.69
Jun 2623.12
Jun 2621.39
Jun 2619.73
May 2619.28
May 2619.04
May 2617.6
May 2618.34
May 2621.45
Apr 2621.84
Apr 2621.89
Apr 2619.19
Apr 2618.65
Mar 2618.24
Mar 2619.17
Mar 2618.98
Mar 2618.88
Feb 2618.52
Feb 2633.53
Feb 2633.5
Feb 2634.78
Jan 2635.1
Jan 2636.86
Jan 2635.27
Jan 2637.93
Jan 2634.72
Dec 2535.83
Dec 2536.7
Dec 2534.61
Dec 2533.7
Nov 2537.25
Nov 2536.49
Nov 2536.8
Nov 2537.12
May 2544.78
Apr 2544.16
Apr 2542.72
Apr 2542.4
Apr 2540.21
Mar 2543.95
Mar 2544.2
Mar 2543.29
Mar 2547.31
Feb 2550.75
Feb 2520.8
Feb 2520.68
Feb 2519.76
Jan 2520.02
Jan 2519.73
Jan 2519.13
Jan 2518.06
Jan 2518.88
Dec 2418.62
Dec 2419.66
Dec 2420.09
Dec 2421.6
Nov 2420.96
Nov 2420.52
Nov 2419.1
Nov 2420.92
Nov 2419.67
Oct 2420.03
Oct 2418.94
Oct 2418.24
Oct 2418.61
Sep 2417.12
Sep 2418.22
Sep 2418.61
Sep 2417.88
Aug 2418.82
Aug 2418.42
Aug 2418.1
Aug 2417.68
Aug 249.32
Jul 2410.1
Jul 249.27
Jul 249.23
Jul 247.55
Jun 247.53
Jun 246.99
Jun 247.06
Jun 247.21
May 247.62
May 247.77
May 247.74
May 247.87
May 2411.16
Apr 2410.59
Apr 2410.92
Price/Operating Cashflow
050100150med 44.48Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
LGND Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 2643.35
Sep 2643.53
Aug 2642.75
Aug 2643.63
Aug 2644.9
Aug 2644.68
Jul 2646.32
Jul 2648.41
Jul 2648.88
Jul 2650.95
Jul 2651.48
Jun 2648.91
Jun 2644.28
Jun 2641.17
Jun 2638.18
May 2637.37
May 2636.94
May 2634.35
May 2635.67
May 2691.16
Apr 2692.7
Apr 2692.92
Apr 2682.13
Apr 2680
Mar 2678.35
Mar 2682.09
Mar 2681.33
Mar 2680.92
Feb 2679.49
Feb 26111.9
Feb 26111.81
Feb 26115.83
Jan 26116.84
Jan 26122.34
Jan 26117.37
Jan 26125.69
Jan 26115.63
Dec 25119.11
Dec 25121.85
Dec 25115.29
Dec 25112.44
Nov 25123.58
Nov 25121.18
Nov 25122.17
Nov 25123.15
Oct 2566.88
Oct 2565.37
Oct 2563.51
Oct 2562.14
Oct 2563.28
Sep 2559.34
Sep 2558.21
Sep 2557.95
Sep 2558.3
Aug 2556.54
Aug 2555.62
Aug 2552.82
Aug 2552.46
Aug 2548.24
Jul 2549.37
Jul 2550.56
Jul 2544.23
Jul 2541.65
Jun 2541.49
Jun 2541.46
Jun 2540.89
Jun 2538.52
May 2537.14
May 2536.93
May 2538
May 2537.98
May 2521.4
Apr 2521.14
Apr 2520.53
Apr 2520.39
Apr 2519.48
Mar 2521.05
Mar 2521.15
Mar 2520.77
Mar 2522.46
Feb 2523.91
Feb 2529.38
Feb 2529.22
Feb 2528.05
Jan 2528.38
Jan 2528.01
Jan 2527.24
Jan 2525.88
Jan 2526.92
Dec 2426.58
Dec 2427.91
Dec 2428.46
Dec 2430.39
Nov 2429.57
Nov 2429.02
Nov 2427.2
Nov 2429.52
Nov 2442.42
Oct 2443.1
Oct 2441.01
Price to Book
2468med 3.82Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
LGND Price to Book by year
PeriodPrice to Book
Sep 265.9
Sep 265.92
Aug 265.82
Aug 265.94
Aug 266.11
Aug 266.08
Jul 265.73
Jul 265.99
Jul 266.05
Jul 266.3
Jul 266.37
Jun 266.05
Jun 265.48
Jun 265.09
Jun 264.72
May 264.62
May 264.57
May 264.25
May 264.41
May 264.41
Apr 264.48
Apr 264.5
Apr 263.97
Apr 263.87
Mar 263.79
Mar 263.97
Mar 263.93
Mar 263.92
Feb 263.85
Feb 263.75
Feb 263.75
Feb 263.88
Jan 263.92
Jan 264.1
Jan 263.93
Jan 264.21
Jan 263.87
Dec 253.99
Dec 254.08
Dec 253.86
Dec 253.77
Nov 254.14
Nov 254.06
Nov 254.09
Nov 254.13
Oct 254.46
Oct 254.36
Oct 254.24
Oct 254.15
Oct 254.22
Sep 253.96
Sep 253.88
Sep 253.87
Sep 253.89
Aug 253.77
Aug 253.71
Aug 253.52
Aug 253.5
Aug 253.2
Jul 253.28
Jul 253.36
Jul 252.94
Jul 252.76
Jun 252.75
Jun 252.75
Jun 252.71
Jun 252.56
May 252.47
May 252.45
May 252.52
May 252.52
May 252.5
Apr 252.47
Apr 252.4
Apr 252.38
Apr 252.27
Mar 252.46
Mar 252.47
Mar 252.43
Mar 252.62
Feb 252.79
Feb 252.64
Feb 252.63
Feb 252.52
Jan 252.55
Jan 252.52
Jan 252.45
Jan 252.33
Jan 252.42
Dec 242.39
Dec 242.51
Dec 242.56
Dec 242.73
Nov 242.66
Nov 242.61
Nov 242.45
Nov 242.65
Nov 242.56
Oct 242.6
Oct 242.47
Ligand Pharmaceuticals Incorporated
LGND
Stockpicker

Video analysis: LGND

All videos

No video analysis for this stock yet. Request one from our team.

Your email is used only to follow up on this request. We do not add you to marketing lists. Privacy Policy

News: LGND

Ligand Pharmaceuticals Highlights XOMA-Fueled Royalty Growth, $700M in Deployable Capital

marketbeat.com · 26 Aug 2026

Ligand Pharmaceuticals Highlights XOMA-Fueled Royalty Growth, $700M in Deployable Capital

Ligand Pharmaceuticals NASDAQ: LGND outlined its royalty-focused growth strategy, recent XOMA acquisition and portfolio catalysts during a company presentation, highlighting a larger commercial-stage asset base and planned investment capacity.

Ligand to Participate in September Investor Conferences

globenewswire.com · 26 Aug 2026

Ligand to Participate in September Investor Conferences

JUPITER, Fla., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced its senior management team will participate in the following upcoming investor conferences: Wells Fargo Healthcare Conference 2026 (Boston): Management will participate in a fireside chat at 12:45 p.m.

Handelsbanken Fonder AB Raises Stake in Ligand Pharmaceuticals Incorporated $LGND

defenseworld.net · 16 Aug 2026

Handelsbanken Fonder AB Raises Stake in Ligand Pharmaceuticals Incorporated $LGND

Handelsbanken Fonder AB boosted its stake in Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) by 22.5% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,358 shares of the biotechnology company's stock after purchasing an additional 1,900 shares during the quarter.

Ligand Pharmaceuticals Q2 Earnings Call Highlights

marketbeat.com · 6 Aug 2026

Ligand Pharmaceuticals Q2 Earnings Call Highlights

Ligand Pharmaceuticals NASDAQ: LGND reported second-quarter 2026 results marked by higher royalty revenue and adjusted earnings, while highlighting the post-quarter close of its XOMA Royalty acquisition and a $700 million zero-coupon convertible-note offering.

Ligand Pharmaceuticals Incorporated (LGND) Q2 2026 Earnings Call Transcript

seekingalpha.com · 6 Aug 2026

Ligand Pharmaceuticals Incorporated (LGND) Q2 2026 Earnings Call Transcript

Ligand Pharmaceuticals Incorporated (LGND) Q2 2026 Earnings Call Transcript

Ligand Pharmaceuticals Incorporated $LGND Shares Sold by Arrowstreet Capital Limited Partnership

defenseworld.net · 5 Aug 2026

Ligand Pharmaceuticals Incorporated $LGND Shares Sold by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership reduced its position in Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) by 27.3% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,564 shares of the biotechnology company's stock after selling 5,472 shares during the period.

Ashford Capital Management Inc. Has $41.44 Million Holdings in Ligand Pharmaceuticals Incorporated $LGND

defenseworld.net · 28 Jul 2026

Ashford Capital Management Inc. Has $41.44 Million Holdings in Ligand Pharmaceuticals Incorporated $LGND

Ashford Capital Management Inc. reduced its position in shares of Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) by 2.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 207,565 shares of the biotechnology company's stock after selling 6,213 shares during the quarter. Ligand Pharmaceuticals makes

Ligand to Report Second Quarter 2026 Financial Results on August 6, 2026

globenewswire.com · 23 Jul 2026

Ligand to Report Second Quarter 2026 Financial Results on August 6, 2026

JUPITER, Fla., July 23, 2026 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that it will report second quarter 2026 financial results on Thursday, August 6, 2026.

Similar companies

Disclaimer: The historical data presented on this platform is provided by Financial Modeling Prep. Stock Picker is a platform for informational purposes only and does not provide financial advice. Users are encouraged to conduct their own research and consult with a qualified financial advisor before making investment decisions.