Ligand Pharmaceuticals Incorporated (LGND)
NASDAQ: LGND · Real-Time Price · USD
303.59
+7.67 (2.59%)
At close: Jun 26, 2026, 4:00 PM EDT
303.00
-0.59 (-0.19%)
After-hours: Jun 26, 2026, 5:54 PM EDT

Ligand Pharmaceuticals Statistics

Total Valuation

LGND has a market cap or net worth of $6.08 billion. The enterprise value is $5.76 billion.

Market Cap 6.08B
Enterprise Value 5.76B

Important Dates

The next estimated earnings date is Thursday, August 6, 2026, before market open.

Earnings Date Aug 6, 2026
Ex-Dividend Date n/a

Share Statistics

LGND has 20.04 million shares outstanding. The number of shares has increased by 9.72% in one year.

Current Share Class 20.04M
Shares Outstanding 20.04M
Shares Change (YoY) +9.72%
Shares Change (QoQ) -5.94%
Owned by Insiders (%) 2.51%
Owned by Institutions (%) 106.50%
Float 19.53M

Valuation Ratios

The trailing PE ratio is 40.48 and the forward PE ratio is 57.31. LGND's PEG ratio is 3.18.

PE Ratio 40.48
Forward PE 57.31
PS Ratio 22.17
Forward PS 19.60
PB Ratio 6.10
P/TBV Ratio 8.97
P/FCF Ratio 49.45
P/OCF Ratio 49.27
PEG Ratio 3.18
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 42.82, with an EV/FCF ratio of 46.79.

EV / Earnings 37.49
EV / Sales 20.97
EV / EBITDA 42.82
EV / EBIT 56.87
EV / FCF 46.79

Financial Position

The company has a current ratio of 21.28, with a Debt / Equity ratio of 0.45.

Current Ratio 21.28
Quick Ratio 20.81
Debt / Equity 0.45
Debt / EBITDA 3.34
Debt / FCF 3.67
Interest Coverage 18.09

Financial Efficiency

Return on equity (ROE) is 17.13% and return on invested capital (ROIC) is 11.97%.

Return on Equity (ROE) 17.13%
Return on Assets (ROA) 5.19%
Return on Invested Capital (ROIC) 11.97%
Return on Capital Employed (ROCE) 6.79%
Weighted Average Cost of Capital (WACC) 9.34%
Revenue Per Employee $5.84M
Profits Per Employee $3.27M
Employee Count 47
Asset Turnover 0.23
Inventory Turnover 3.32

Taxes

In the past 12 months, LGND has paid $31.32 million in taxes.

Income Tax 31.32M
Effective Tax Rate 16.94%

Stock Price Statistics

The stock price has increased by +162.35% in the last 52 weeks. The beta is 1.04, so LGND's price volatility has been similar to the market average.

Beta (5Y) 1.04
52-Week Price Change +162.35%
50-Day Moving Average 237.63
200-Day Moving Average 204.37
Relative Strength Index (RSI) 79.81
Average Volume (20 Days) 460,255

Short Selling Information

The latest short interest is 1.64 million, so 8.18% of the outstanding shares have been sold short.

Short Interest 1.64M
Short Previous Month 1.51M
Short % of Shares Out 8.18%
Short % of Float 8.39%
Short Ratio (days to cover) 7.45

Income Statement

In the last 12 months, LGND had revenue of $274.48 million and earned $153.56 million in profits. Earnings per share was $7.50.

Revenue 274.48M
Gross Profit 228.26M
Operating Income 101.23M
Pretax Income 184.88M
Net Income 153.56M
EBITDA 134.45M
EBIT 101.23M
Earnings Per Share (EPS) $7.50
Full Income Statement

Balance Sheet

The company has $779.41 million in cash and $451.98 million in debt, giving a net cash position of $327.43 million or $16.34 per share.

Cash & Cash Equivalents 779.41M
Total Debt 451.98M
Net Cash 327.43M
Net Cash Per Share $16.34
Equity (Book Value) 997.32M
Book Value Per Share 49.79
Working Capital 824.75M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $123.50 million and capital expenditures -$466,000, giving a free cash flow of $123.03 million.

Operating Cash Flow 123.50M
Capital Expenditures -466,000
Depreciation & Amortization 33.22M
Net Borrowing 346.72M
Free Cash Flow 123.03M
FCF Per Share $6.14
Full Cash Flow Statement

Margins

Gross margin is 83.16%, with operating and profit margins of 36.88% and 55.95%.

Gross Margin 83.16%
Operating Margin 36.88%
Pretax Margin 67.36%
Profit Margin 55.95%
EBITDA Margin 48.98%
EBIT Margin 36.88%
FCF Margin 44.82%

Dividends & Yields

LGND does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -9.72%
Shareholder Yield -9.72%
Earnings Yield 2.52%
FCF Yield 2.02%

Analyst Forecast

The average price target for LGND is $277.60, which is -8.56% lower than the current price. The consensus rating is "Strong Buy".

Price Target $277.60
Price Target Difference -8.56%
Analyst Consensus Strong Buy
Analyst Count 9
Revenue Growth Forecast (3Y) 16.47%
EPS Growth Forecast (3Y) 16.58%
Stock Forecasts

Stock Splits

The last stock split was on November 19, 2010. It was a reverse split with a ratio of 1:6.

Last Split Date Nov 19, 2010
Split Type Reverse
Split Ratio 1:6

Scores

LGND has an Altman Z-Score of 5.13 and a Piotroski F-Score of 6.

Altman Z-Score 5.13
Piotroski F-Score 6