Growth Metrics

Ligand Pharmaceuticals (LGND) Invested Capital (2016 - 2025)

Ligand Pharmaceuticals' Invested Capital history spans 16 years, with the latest figure at $1.0 billion for Q4 2025.

  • For Q4 2025, Invested Capital rose 22.49% year-over-year to $1.0 billion; the TTM value through Dec 2025 reached $1.0 billion, up 22.49%, while the annual FY2025 figure was $1.0 billion, 22.49% up from the prior year.
  • Invested Capital for Q4 2025 was $1.0 billion at Ligand Pharmaceuticals, up from $950.2 million in the prior quarter.
  • Across five years, Invested Capital topped out at $1.0 billion in Q4 2025 and bottomed at $664.9 million in Q2 2023.
  • The 5-year median for Invested Capital is $801.1 million (2024), against an average of $802.2 million.
  • The largest annual shift saw Invested Capital fell 27.52% in 2023 before it rose 25.94% in 2024.
  • A 5-year view of Invested Capital shows it stood at $821.2 million in 2021, then decreased by 17.9% to $674.2 million in 2022, then increased by 3.97% to $700.9 million in 2023, then rose by 18.48% to $830.4 million in 2024, then grew by 22.49% to $1.0 billion in 2025.
  • Per Business Quant, the three most recent readings for LGND's Invested Capital are $1.0 billion (Q4 2025), $950.2 million (Q3 2025), and $827.3 million (Q2 2025).