Ligand Pharmaceuticals (LGND) Invested Capital (2010 - 2026)
Ligand Pharmaceuticals' (LGND) quarterly Invested Capital came in at $997.3 million in Q1 2026, up 25.36% year-on-year from $795.6 million in Q1 2025, and down 1.96% quarter-over-quarter from $1.0 billion in Q4 2025.
Ligand Pharmaceuticals (LGND) Invested Capital (2010 - 2026) Analysis & Trends
Ligand Pharmaceuticals has disclosed Invested Capital across 17 years of filings, most recently posting $997.3 million for Q1 2026.
- Invested Capital for Q1 2026 came in at $997.3 million, up 25.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $997.3 million (up 25.36% YoY), and the FY2025 annual result was $1.0 billion, up 22.48% from the prior year.
- Invested Capital came in at $997.3 million for Q1 2026 at Ligand Pharmaceuticals, down from $1.0 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $1.0 billion in Q4 2025 to a low of $597.5 million in Q4 2022.
- The 5-year median for Invested Capital is $806.5 million (2024), against an average of $811.7 million.
- Across the five-year window, Invested Capital decreased 27.52% in 2023 and increased 25.94% in 2024, its largest moves.
- Ligand Pharmaceuticals' Invested Capital stood at $597.5 million in 2022, then advanced by 17.31% to $700.9 million in 2023, then advanced by 18.49% to $830.5 million in 2024, then advanced by 22.48% to $1.0 billion in 2025, then decreased by 1.96% to $997.3 million in 2026.
- The last three Invested Capital figures came in at $997.3 million (Q1 2026), $1.0 billion (Q4 2025), and $950.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 7.14 Bn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 795.79 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 595,226.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 1.00 Bn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 14.38 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 19.36 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | 502.95 Mn |
| 10 | Ligand Pharmaceuticals | 5.47 Bn | 4.69 Bn | 48.45 Mn | 997.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 997.32 Mn |
| Dec 31, 2025 | 1.02 Bn |
| Sep 30, 2025 | 950.17 Mn |
| Jun 30, 2025 | 827.31 Mn |
| Mar 31, 2025 | 795.59 Mn |
| Dec 31, 2024 | 830.51 Mn |
| Sep 30, 2024 | 841.18 Mn |
| Jun 30, 2024 | 775.20 Mn |
| Mar 31, 2024 | 806.52 Mn |
| Dec 31, 2023 | 700.94 Mn |
| Sep 30, 2023 | 667.90 Mn |
| Jun 30, 2023 | 664.89 Mn |
| Mar 31, 2023 | 723.11 Mn |
| Dec 31, 2022 | 597.54 Mn |
| Sep 30, 2022 | 892.90 Mn |
| Jun 30, 2022 | 917.34 Mn |
| Mar 31, 2022 | 793.19 Mn |
| Dec 31, 2021 | 821.26 Mn |
| Sep 30, 2021 | 812.07 Mn |
| Jun 30, 2021 | 786.52 Mn |