Legend Biotech (LEGN) Divestments (2019 - 2023)

Legend Biotech (LEGN) reported Divestments of $407.5 million for Q4 2023, up 1534.48% on a YoY basis from $24.9 million in Q4 2022, and up 1534.48% quarter-over-quarter from $24.9 million in Q4 2022.

Legend Biotech (LEGN) Divestments (2019 - 2023) Analysis & Trends

Legend Biotech has reported Divestments for 5 years, with the latest figure at $407.5 million in Q4 2023.

  • For the quarter ending Q4 2023, Divestments rose 1534.48% year-over-year to $407.5 million; the trailing twelve-month figure through Dec 2023 stood at $590.1 million (up 99.32% YoY), and the FY2023 full-year result was $92.8 million, up 220.36% from the prior year.
  • Divestments for Q4 2023 stood at $407.5 million, up from $24.9 million in the prior quarter.
  • The five-year high for Divestments was $407.5 million in Q4 2023, with the low at $24.9 million in Q4 2022.
  • Historically, Divestments has averaged $140.7 million across 5 years, with a median of $96.5 million in 2021.
  • Annual changes were most pronounced in 2022 — Divestments sank 74.17% — and 2023, when it surged 1534.48%.
  • Legend Biotech's Divestments stood at $113.5 million in 2019, then slumped by 46.09% to $61.2 million in 2020, then surged by 57.79% to $96.5 million in 2021, then slumped by 74.17% to $24.9 million in 2022, then surged by 1534.48% to $407.5 million in 2023.
  • The last three Divestments figures came in at $407.5 million (Q4 2023), $24.9 million (Q4 2022), and $96.5 million (Q4 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -
9 Abivax 91.96 Bn 91.96 Bn - -
10 Regeneron Pharmaceuticals 63.43 Bn 54.67 Bn 3.31 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2023 407.51 Mn
Dec 31, 2022 24.93 Mn
Dec 31, 2021 96.51 Mn
Dec 31, 2020 61.17 Mn
Dec 31, 2019 113.45 Mn