Ligand Pharmaceuticals Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	4,681	3,739	2,047	1,254	1,132	2,590
Market Cap Growth	137.16%	82.62%	63.27%	10.73%	-56.28%	61.95%
Enterprise Value	4,277	3,456	1,797	1,089	930.79	2,572
Last Close Price	233.59	189.07	107.15	71.42	66.80	154.46
PE Ratio	31.15	30.84	-	24.29	-	46.66
Forward PE	44.77	35.20	53.58	35.07	-	-
PEG Ratio	2.33	2.42	3.57	2.34	-	-
PS Ratio	16.78	13.95	12.25	9.55	5.77	10.72
PB Ratio	4.61	3.68	2.47	1.79	1.90	3.15
P/TBV Ratio	4.78	3.77	2.36	1.81	1.89	3.24
P/FCF Ratio	37.43	76.44	21.50	27.22	9.44	36.98
P/OCF Ratio	37.28	75.74	21.10	25.29	8.21	32.87
EV/Sales Ratio	15.58	12.89	10.75	8.30	4.74	10.65
EV/EBITDA Ratio	31.81	46.21	142.24	23.51	17.06	16.60
EV/EBIT Ratio	42.25	84.28	-	110.92	306.48	24.76
EV/FCF Ratio	34.76	70.66	18.87	23.65	7.76	36.72
Debt / Equity Ratio	0.45	0.44	0.01	0.01	0.02	0.39
Debt / EBITDA Ratio	3.54	6.04	0.56	0.13	1.61	2.09
Debt / FCF Ratio	3.67	9.23	0.07	0.13	0.73	4.63
Net Debt / Equity Ratio	-0.33	-0.28	-0.30	-0.23	-0.21	-0.02
Net Debt / EBITDA Ratio	-2.56	-3.77	-19.72	-3.54	-2.27	-0.11
Net Debt / FCF Ratio	-2.66	-5.77	-2.62	-3.56	-1.03	-0.24
Asset Turnover	0.18	0.21	0.19	0.17	0.19	0.18
Inventory Turnover	1.16	1.25	0.58	0.56	2.60	2.31
Quick Ratio	20.48	21.18	7.94	12.11	2.45	10.24
Current Ratio	21.28	22.23	8.93	14.15	2.67	11.15
Return on Equity (ROE)	23.21%	13.47%	-0.53%	8.29%	-0.74%	9.98%
Return on Assets (ROA)	7.06%	3.95%	-4.89%	1.45%	0.63%	7.20%
Return on Invested Capital (ROIC)	14.49%	6.84%	-6.74%	1.98%	0.89%	10.30%
Return on Capital Employed (ROCE)	6.28%	3.38%	-2.70%	1.37%	0.32%	8.25%
Earnings Yield	3.34%	3.24%	-	4.12%	-	2.14%
FCF Yield	2.67%	1.31%	4.65%	3.67%	10.59%	2.70%
Buyback Yield / Dilution	-9.71%	-10.96%	-3.00%	-5.27%	2.19%	-2.50%
Total Shareholder Return	-9.71%	-10.96%	-3.00%	-5.27%	2.19%	-2.50%

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q