Growth Metrics

Ligand Pharmaceuticals (LGND) Equity Ratio (2010 - 2026)

Ligand Pharmaceuticals recorded quarterly Equity Ratio of 0.65 in Q1 2026, little changed quarter-over-quarter from 0.65 in Q4 2025, and down 25.92% year-over-year from 0.88 in Q1 2025.

Ligand Pharmaceuticals' Equity Ratio history runs 17 years deep, the most recent figure standing at 0.65 for Q1 2026.

  • In Q1 2026, Equity Ratio fell 25.92% year-over-year to 0.65; the TTM figure through Mar 2026 stood at 0.65 (down 25.92% YoY), while the FY2025 annual figure was 0.65, down 26.08% from the prior year.
  • Equity Ratio came in at 0.65 for Q1 2026 at Ligand Pharmaceuticals, roughly flat from 0.65 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.89 in Q2 2024 to a low of 0.64 in Q3 2025.
  • A 5-year average of 0.81 and a median of 0.87 in 2023 frame the typical range for Equity Ratio.
  • Across the five-year window, Equity Ratio climbed 24.63% in 2022 and retreated 26.96% in 2025, its largest moves.
  • Ligand Pharmaceuticals' Equity Ratio stood at 0.78 in 2022, then gained by 13.65% to 0.89 in 2023, then dropped by 0.96% to 0.88 in 2024, then retreated by 26.08% to 0.65 in 2025, then declined by 0.13% to 0.65 in 2026.
  • According to Business Quant data, Equity Ratio over the past three periods registered 0.65, 0.65, and 0.64 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 0.04
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 - 0.42
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 0.73
7 Evaxion A 62.56 Bn 62.54 Bn - -
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 0.77
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 0.21
10 Ligand Pharmaceuticals 4.55 Bn 3.77 Bn 48.45 Mn 0.65

Historic Data

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DateValue
Mar 31, 2026 0.65
Dec 31, 2025 0.65
Sep 30, 2025 0.64
Jun 30, 2025 0.87
Mar 31, 2025 0.88
Dec 31, 2024 0.88
Sep 30, 2024 0.88
Jun 30, 2024 0.89
Mar 31, 2024 0.88
Dec 31, 2023 0.89
Sep 30, 2023 0.87
Jun 30, 2023 0.88
Mar 31, 2023 0.80
Dec 31, 2022 0.78
Sep 30, 2022 0.78
Jun 30, 2022 0.75
Mar 31, 2022 0.72
Dec 31, 2021 0.63
Sep 30, 2021 0.64
Jun 30, 2021 0.63
Mar 31, 2021 0.58
Dec 31, 2020 0.52
Sep 30, 2020 0.56
Jun 30, 2020 0.56
Mar 31, 2020 0.56
Dec 31, 2019 0.51
Sep 30, 2019 0.55
Jun 30, 2019 0.58
Mar 31, 2019 0.56
Dec 31, 2018 0.44
Sep 30, 2018 0.33
Jun 30, 2018 0.33
Mar 31, 2018 0.64
Dec 31, 2017 0.60
Sep 30, 2017 0.61
Jun 30, 2017 0.60
Mar 31, 2017 0.59
Dec 31, 2016 0.57
Jun 30, 2016 0.64
Mar 31, 2016 0.64
Dec 31, 2015 0.47
Sep 30, 2015 0.56
Jun 30, 2015 0.23
Mar 31, 2015 0.13
Dec 31, 2014 0.09
Sep 30, 2014 0.16
Jun 30, 2014 0.64
Mar 31, 2014 0.62
Dec 31, 2013 0.47
Sep 30, 2013 0.44
Jun 30, 2013 0.39
Mar 31, 2013 0.31
Dec 31, 2012 0.25
Sep 30, 2012 0.22
Dec 31, 2011 0.07
Sep 30, 2011 0.02
Jun 30, 2011 0.05
Dec 31, 2010 -0.06