Ligand Pharmaceuticals (LGND) Return on Capital Employed (2011 - 2026)
Ligand Pharmaceuticals' (LGND) quarterly Return on Capital Employed came in at 6.28% in Q1 2026, up 1343.0% year-on-year from 0.44% in Q1 2025, and up 126.94% quarter-over-quarter from 2.77% in Q4 2025.
Ligand Pharmaceuticals (LGND) Return on Capital Employed (2011 - 2026) Analysis & Trends
Ligand Pharmaceuticals has disclosed Return on Capital Employed across 16 years of filings, most recently posting 6.28% for Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 6.28%, up 1343.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.28% (up 1343.0% YoY), and the FY2025 annual result was 3.38%, up 611.0% from the prior year.
- Return on Capital Employed came in at 6.28% for Q1 2026 at Ligand Pharmaceuticals, up from 2.77% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 8.74% in Q1 2022 to a low of 7.15% in Q1 2025.
- The 5-year median for Return on Capital Employed is 0.59% (2023), against an average of 1.15%.
- Across the five-year window, Return on Capital Employed plunged 797 bps in 2022 and surged 1343 bps in 2026, its largest moves.
- Ligand Pharmaceuticals' Return on Capital Employed stood at 0.38% in 2022, then surged by 317 bps to 1.57% in 2023, then plunged by 258 bps to 2.48% in 2024, then soared by 212 bps to 2.77% in 2025, then jumped by 127 bps to 6.28% in 2026.
- The last three Return on Capital Employed figures came in at 6.28% (Q1 2026), 2.77% (Q4 2025), and 1.48% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 450.31% |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 51.73% |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -107.40% |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 21.10% |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -50.43% |
| 10 | Ligand Pharmaceuticals | 5.47 Bn | 4.69 Bn | 48.45 Mn | 6.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.28% |
| Dec 31, 2025 | 2.77% |
| Sep 30, 2025 | 1.48% |
| Jun 30, 2025 | -3.97% |
| Mar 31, 2025 | -7.15% |
| Dec 31, 2024 | -2.48% |
| Sep 30, 2024 | -1.84% |
| Jun 30, 2024 | -1.88% |
| Mar 31, 2024 | 0.09% |
| Dec 31, 2023 | 1.57% |
| Sep 30, 2023 | -0.64% |
| Jun 30, 2023 | 0.59% |
| Mar 31, 2023 | 2.20% |
| Dec 31, 2022 | 0.38% |
| Sep 30, 2022 | 6.55% |
| Jun 30, 2022 | 6.96% |
| Mar 31, 2022 | 8.74% |
| Dec 31, 2021 | 8.35% |
| Sep 30, 2021 | 7.25% |
| Jun 30, 2021 | 6.30% |