Growth Metrics

Legend Biotech (LEGN) Debt to Equity (2021 - 2025)

Legend Biotech (LEGN) posted Debt to Equity of $0.3 for Q1 2025, up 3.78% on a QoQ basis from $0.29 in Q4 2024, and up 22.1% year-over-year from $0.25 in Q1 2024.

Legend Biotech (LEGN) has 5 years of Debt to Equity data on file, last reported at $0.3 in Q1 2025.

  • In Q1 2025, Debt to Equity rose 22.1% year-over-year to $0.3; the TTM figure through Mar 2025 stood at $0.3 (up 22.1% YoY), while the FY2024 annual figure was $0.29, up 28.76% from the prior year.
  • Debt to Equity rose to $0.3 in Q1 2025, from $0.29 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.41 in Q1 2023 and bottomed at $0.05 in Q2 2021.
  • A 5-year average of $0.24 and a median of $0.25 in 2024 frame the typical range for Debt to Equity.
  • Annual changes were most pronounced in 2023 — Debt to Equity jumped 138.08% — and 2024, when it slumped 39.56%.
  • Year by year, Debt to Equity stood at $0.16 in 2021, then surged by 122.9% to $0.35 in 2022, then slumped by 35.87% to $0.22 in 2023, then increased by 28.76% to $0.29 in 2024, then rose by 3.78% to $0.3 in 2025.
  • The last three Debt to Equity figures came in at $0.3 (Q1 2025), $0.29 (Q4 2024), and $0.27 (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (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 -
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
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 0.06
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn -
10 Revolution Medicines 32.39 Bn 32.39 Bn - -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2025 0.30
Dec 31, 2024 0.29
Sep 30, 2024 0.27
Jun 30, 2024 0.25
Mar 31, 2024 0.25
Dec 31, 2023 0.22
Sep 30, 2023 0.21
Jun 30, 2023 0.19
Mar 31, 2023 0.41
Dec 31, 2022 0.35
Mar 31, 2022 0.17
Dec 31, 2021 0.16
Sep 30, 2021 0.31
Jun 30, 2021 0.05