ligand pharma - LGND

LGND

Close Chg Chg %
288.83 -1.85 -0.64%

Open Market

286.99

-1.85 (0.64%)

Volume: 40.10K

Last Updated:

Sep 9, 2026, 10:32 AM EDT

Company Overview: ligand pharma - LGND

LGND Key Data

Open

$288.03

Day Range

286.65 - 291.82

52 Week Range

161.82 - 326.63

Market Cap

$5.69B

Shares Outstanding

19.94M

Public Float

19.45M

Beta

1.14

Rev. Per Employee

N/A

P/E Ratio

30.53

EPS

$10.01

Yield

0.00%

Dividend

$30.01

EX-DIVIDEND DATE

Nov 2, 2022

SHORT INTEREST

N/A

AVERAGE VOLUME

203.06K

 

LGND Performance

1 Week
 
1.13%
 
1 Month
 
-1.47%
 
3 Months
 
13.03%
 
1 Year
 
74.26%
 
5 Years
 
147.75%
 

LGND Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 10
Full Ratings ➔

About ligand pharma - LGND

Ligand Pharmaceuticals, Inc. is a biopharmaceutical company that involves clinical development and commercialization of high-value medicines. Its platforms, Captisol and NITRICI, offer technology with broad applicability in drug development to a large network of biopharmaceutical partners, including the largest pharmaceutical manufacturers in the world. The company was founded by Ronald M. Evans in 1987 and is headquartered in Jupiter, FL.

LGND At a Glance

Ligand Pharmaceuticals, Inc.
555 Heritage Drive
Jupiter, Florida 33458
Phone 1-858-550-7500 Revenue 268.09M
Industry Pharmaceuticals: Major Net Income 124.45M
Sector Health Technology 2025 Sales Growth 60.403%
Fiscal Year-end 12 / 2026 Employees 47
View SEC Filings

LGND Valuation

P/E Current 30.533
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 30.831
Price to Sales Ratio 14.312
Price to Book Ratio 3.675
Price to Cash Flow Ratio 77.74
Enterprise Value to EBITDA 43.944
Enterprise Value to Sales 13.26
Total Debt to Enterprise Value 0.127

LGND Efficiency

Revenue/Employee 5,703,978.723
Income Per Employee 2,647,936.17
Receivables Turnover 4.391
Total Asset Turnover 0.214

LGND Liquidity

Current Ratio 22.225
Quick Ratio 21.982
Cash Ratio 19.588

LGND Profitability

Gross Margin 82.373
Operating Margin 17.606
Pretax Margin 59.294
Net Margin 46.423
Return on Assets 9.947
Return on Equity 13.471
Return on Total Capital 8.474
Return on Invested Capital 10.804

LGND Capital Structure

Total Debt to Total Equity 44.385
Total Debt to Total Capital 30.741
Total Debt to Total Assets 28.93
Long-Term Debt to Equity 44.277
Long-Term Debt to Total Capital 30.666
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Ligand Pharma - LGND

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
196.25M 131.31M 167.13M 268.09M
Sales Growth
-29.19% -33.09% +27.28% +60.40%
Cost of Goods Sold (COGS) incl D&A
77.10M 43.29M 46.33M 47.26M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
43.39M 37.41M 37.38M 33.70M
Depreciation
9.32M 4.63M 4.43M 991.00K
Amortization of Intangibles
34.07M 32.78M 32.96M 32.71M
COGS Growth
-29.41% -43.85% +7.03% +1.99%
Gross Income
119.14M 88.03M 120.80M 220.83M
Gross Income Growth
-29.04% -26.12% +37.23% +82.81%
Gross Profit Margin
+60.71% +67.03% +72.28% +82.37%
2022 2023 2024 2025 5-year trend
SG&A Expense
106.31M 78.20M 102.98M 174.83M
Research & Development
36.25M 25.41M 21.43M 81.18M
Other SG&A
70.06M 52.79M 81.55M 93.65M
SGA Growth
-16.04% -26.44% +31.68% +69.77%
Other Operating Expense
- - (5.20M) (1.20M)
-
Unusual Expense
- 5.61M 92.31M (84.47M)
EBIT after Unusual Expense
7.23M 9.82M (69.29M) 131.67M
Non Operating Income/Expense
30.58M 54.49M 74.85M 32.00M
Non-Operating Interest Income
2.05M 7.71M 8.05M 13.66M
Equity in Earnings of Affiliates
- - - (7.02M)
-
Interest Expense
1.80M 656.00K 3.04M 4.71M
Interest Expense Growth
-90.83% -63.54% +362.96% +55.25%
Gross Interest Expense
1.80M 656.00K 3.04M 4.71M
Interest Capitalized
- - - -
-
Pretax Income
36.01M 63.66M 2.52M 158.96M
Pretax Income Growth
-23.86% +76.78% -96.04% +6,212.95%
Pretax Margin
+18.35% +48.48% +1.51% +59.29%
Income Tax
41.23M 9.84M 6.55M 34.51M
Income Tax - Current - Domestic
10.29M (968.00K) 19.00M 9.01M
Income Tax - Current - Foreign
452.00K 780.00K 3.35M 3.61M
Income Tax - Deferred - Domestic
30.49M 10.03M (17.69M) 28.11M
Income Tax - Deferred - Foreign
- - 1.89M (6.22M)
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - (7.02M)
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(5.22M) 53.82M (4.03M) 124.45M
Minority Interest Expense
- - - -
-
Net Income
(5.22M) 53.82M (4.03M) 124.45M
Net Income Growth
-109.13% +1,131.21% -107.49% +3,186.63%
Net Margin Growth
-2.66% +40.98% -2.41% +46.42%
Extraordinaries & Discontinued Operations
- - (28.14M) (1.67M)
-
Discontinued Operations
- - (28.14M) (1.67M)
-
Net Income After Extraordinaries
(33.36M) 52.15M (4.03M) 124.45M
Preferred Dividends
- - - -
-
Net Income Available to Common
(33.36M) 52.15M (4.03M) 124.45M
EPS (Basic)
-1.9778 3.015 -0.2204 6.4357
EPS (Basic) Growth
-157.56% +252.44% -107.31% +3,020.01%
Basic Shares Outstanding
16.87M 17.30M 18.29M 19.34M
EPS (Diluted)
-1.9778 2.9371 -0.2204 6.1325
EPS (Diluted) Growth
-159.70% +248.50% -107.50% +2,882.44%
Diluted Shares Outstanding
16.87M 17.76M 18.29M 20.29M
EBITDA
56.23M 47.23M 60.41M 80.90M
EBITDA Growth
-39.04% -16.00% +27.89% +33.92%
EBITDA Margin
+28.65% +35.97% +36.14% +30.18%

Snapshot

Average Recommendation BUY Average Target Price 342.818
Number of Ratings 10 Current Quarters Estimate 2.303
FY Report Date 09 / 2026 Current Year's Estimate 9.315
Last Quarter’s Earnings 2.37 Median PE on CY Estimate N/A
Year Ago Earnings 8.13 Next Fiscal Year Estimate 12.113
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 9 9 9 8
Mean Estimate 2.30 3.01 9.32 12.11
High Estimates 2.49 3.26 9.50 13.33
Low Estimate 1.93 2.79 9.09 11.34
Coefficient of Variance 8.30 4.33 1.32 5.36

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 10 10 8
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Ligand Pharma - LGND

Date Name Shares Transaction Value
Jun 17, 2026 Jason Haas Director 10,442 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $51.56 per share 538,389.52
Jun 17, 2026 Jason Haas Director 11,442 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $51.56 per share 589,949.52
Jun 17, 2026 Jason Haas Director 8,442 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $255.01 per share 2,152,794.42
Jun 17, 2026 Jason Haas Director 4,981 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $256.08 per share 1,275,534.48
Jun 17, 2026 Jason Haas Director 7,138 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 17, 2026 Jason Haas Director 6,138 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 26, 2026 Stephen L. Sabba Director 32,793 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $207.87 per share 6,816,680.91
Mar 6, 2026 Stephen L. Sabba Director 33,793 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $201.5 per share 6,809,289.50
Mar 6, 2026 Stephen L. Sabba Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jan 8, 2026 John W. Kozarich Director 44,100 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $186.59 per share 8,228,619.00
Jan 8, 2026 John W. Kozarich Director 44,009 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $187.95 per share 8,271,491.55
Jan 8, 2026 John W. Kozarich Director 43,907 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $188.96 per share 8,296,666.72
Jan 8, 2026 John W. Kozarich Director 43,700 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $190.27 per share 8,314,799.00
Jan 8, 2026 John W. Kozarich Director 43,654 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $192.4 per share 8,399,029.60
Jan 8, 2026 Octavio Espinoza Chief Financial Officer 28,575 Other acquisition or disposition Non-derivative transaction at $95.68 per share 2,734,056.00

Ligand Pharma in the News