Ligand Pharmaceuticals Incorporated (LGND)
NASDAQ: LGND · Real-Time Price · USD
232.15
+2.82 (1.23%)
May 26, 2026, 12:49 PM EDT - Market open

Ligand Pharmaceuticals Statistics

Total Valuation

LGND has a market cap or net worth of $4.65 billion. The enterprise value is $4.28 billion.

Market Cap4.65B
Enterprise Value 4.28B

Important Dates

The last earnings date was Thursday, May 7, 2026, before market open.

Earnings Date May 7, 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 (%) 2.34%
Owned by Institutions (%) 106.65%
Float 19.57M

Valuation Ratios

The trailing PE ratio is 30.83 and the forward PE ratio is 44.30. LGND's PEG ratio is 2.33.

PE Ratio 30.83
Forward PE 44.30
PS Ratio 16.78
Forward PS 21.20
PB Ratio 4.61
P/TBV Ratio 6.79
P/FCF Ratio 37.43
P/OCF Ratio 37.28
PEG Ratio 2.33
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 31.81, with an EV/FCF ratio of 34.76.

EV / Earnings 27.85
EV / Sales 15.58
EV / EBITDA 31.81
EV / EBIT 42.25
EV / FCF 34.76

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) 9.33%
Revenue Per Employee $5.84M
Profits Per Employee $3.27M
Employee Count47
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

Beta (5Y) 1.07
52-Week Price Change n/a
50-Day Moving Average 216.08
200-Day Moving Average 193.43
Relative Strength Index (RSI) 57.27
Average Volume (20 Days) 229,915

Short Selling Information

The latest short interest is 1.46 million, so 7.26% of the outstanding shares have been sold short.

Short Interest 1.46M
Short Previous Month 1.41M
Short % of Shares Out 7.26%
Short % of Float 7.44%
Short Ratio (days to cover) 6.52

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.

Revenue274.48M
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, with 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 3.34%
FCF Yield 2.67%

Analyst Forecast

The average price target for LGND is $271.80, which is 17.08% higher than the current price. The consensus rating is "Strong Buy".

Price Target $271.80
Price Target Difference 17.08%
Analyst Consensus Strong Buy
Analyst Count 9
Revenue Growth Forecast (5Y) 12.79%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

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