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
DateValue
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%