Growth Metrics

Legend Biotech (LEGN) Debt Ratio (2021 - 2025)

Legend Biotech (LEGN) posted Debt Ratio of 0.18 for Q4 2025, up 120.67% on a QoQ basis from 0.08 in Q3 2025, and up 2.06% year-over-year from 0.18 in Q4 2024.

Legend Biotech (LEGN) has 5 years of Debt Ratio data on file, last reported at 0.18 in Q4 2025.

  • In Q4 2025, Debt Ratio rose 2.06% year-over-year to 0.18; the TTM figure through Dec 2025 stood at 0.18 (up 2.06% YoY), while the FY2025 annual figure was 0.18, up 2.06% from the prior year.
  • Debt Ratio grew to 0.18 in Q4 2025, from 0.08 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.22 in Q1 2023 and bottomed at 0.0 in Q2 2021.
  • A 5-year average of 0.15 and a median of 0.16 in 2024 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2022 — Debt Ratio jumped 82.19% — and 2025, when it plunged 51.19%.
  • Year by year, Debt Ratio stood at 0.11 in 2021, then soared by 82.19% to 0.2 in 2022, then dropped by 22.37% to 0.15 in 2023, then increased by 18.5% to 0.18 in 2024, then rose by 2.06% to 0.18 in 2025.
  • The last three Debt Ratio figures came in at 0.18 (Q4 2025), 0.08 (Q3 2025), and 0.18 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - -
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - -
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn 0.18
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - 1.41
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - -
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn -
7 Evaxion A 62.56 Bn 62.54 Bn - -
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 0.05
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn -
10 Revolution Medicines 32.39 Bn 32.39 Bn - -

Historic Data

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DateValue
Dec 31, 2025 0.18
Sep 30, 2025 0.08
Jun 30, 2025 0.18
Mar 31, 2025 0.19
Dec 31, 2024 0.18
Sep 30, 2024 0.17
Jun 30, 2024 0.16
Mar 31, 2024 0.16
Dec 31, 2023 0.15
Sep 30, 2023 0.15
Jun 30, 2023 0.14
Mar 31, 2023 0.22
Dec 31, 2022 0.20
Mar 31, 2022 0.12
Dec 31, 2021 0.11
Sep 30, 2021 0.09
Jun 30, 2021 0.00