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
DateValue
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