Ligand Pharmaceuticals (LGND) Asset Utilization Ratio (2011 - 2026)
Ligand Pharmaceuticals' (LGND) Asset Utilization Ratio came in at 0.16 for Q2 2026, down 22.8% from 0.20 a year earlier and down 11.9% from the prior quarter.
Ligand Pharmaceuticals (LGND) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Ligand Pharmaceuticals' Asset Utilization Ratio stood at 0.21, up 10.8% from FY2024.
- In prior years, Ligand Pharmaceuticals' Asset Utilization Ratio was 0.19 in FY2024 (+14.1%), 0.17 in FY2023 (-11.1%), 0.19 in FY2022 (+4.9%) and 0.18 in FY2021 (+58.6%).
- The Q2 2026 figure stands as the lowest quarterly Asset Utilization Ratio since Q2 2024.
- On a year-over-year basis, Asset Utilization Ratio increased in five of the last eight quarters, with growth averaging 6.9%.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q3 2021, with growth of 75.1%; the weakest was Q1 2024, with a decline of 46.3%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 0.18 (Q1 2026), 0.18 (Q4 2025) and 0.21 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 0.49 |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 0.47 |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 0.52 |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 0.44 |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 0.53 |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 0.40 |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 0.58 |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 0.31 |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 0.47 |
| 10 | Ligand Pharmaceuticals | 6.22 Bn | 2.69 Bn | - | 0.16 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.16 |
| Mar 31, 2026 | 0.18 |
| Dec 31, 2025 | 0.18 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.20 |
| Dec 31, 2024 | 0.18 |
| Sep 30, 2024 | 0.17 |
| Jun 30, 2024 | 0.15 |
| Mar 31, 2024 | 0.14 |
| Dec 31, 2023 | 0.17 |
| Sep 30, 2023 | 0.20 |
| Jun 30, 2023 | 0.23 |
| Mar 31, 2023 | 0.26 |
| Dec 31, 2022 | 0.22 |
| Sep 30, 2022 | 0.19 |
| Jun 30, 2022 | 0.19 |
| Mar 31, 2022 | 0.19 |
| Dec 31, 2021 | 0.19 |
| Sep 30, 2021 | 0.20 |
Ligand Pharmaceuticals Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=LGND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "LGND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=LGND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();