Ligand Pharmaceuticals (LGND) Tax Rate (2010 - 2026)
Ligand Pharmaceuticals (LGND) posted Tax Rate of 24.56% for Q2 2026, down 32.25 percentage points from 56.81% a year earlier and down 20.42 percentage points from the prior quarter.
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Analysis
Ligand Pharmaceuticals (LGND) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Ligand Pharmaceuticals was 17.12%, up 6.91 percentage points year-over-year; for FY2025, it came in at 21.71%, down 238.42 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +432.39 percentage points (FY2020 to FY2025).
- In prior years, Ligand Pharmaceuticals' Tax Rate was 260.13% in FY2024 (+244.67 pp), 15.46% in FY2023 (-99.03 pp), 114.49% in FY2022 (+120.24 pp) and -5.74% in FY2021 (+404.94 pp).
- Quarterly Tax Rate has run from a low of -45.47% in Q2 2022 to a high of 160.21% in Q4 2022 over five years.
- On a year-over-year basis, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +6.73 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q1 2022, with a gain of 172.73 percentage points; the weakest was Q4 2023, with a drop of 166.59 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 44.99% (Q1 2026), 21.13% (Q4 2025) and 16.91% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | - |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | - |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 20.98% |
| 10 | Ligand Pharmaceuticals | 6.22 Bn | 2.69 Bn | - | 24.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.56% |
| Dec 31, 2025 | 21.13% |
| Sep 30, 2025 | 16.91% |
| Jun 30, 2025 | 56.81% |
| Mar 31, 2024 | 24.07% |
| Jun 30, 2023 | 27.78% |
| Mar 31, 2023 | 21.47% |
| Dec 31, 2022 | 160.21% |
| Sep 30, 2022 | 21.93% |
| Dec 31, 2021 | 22.83% |
| Sep 30, 2021 | 10.07% |
| Jun 30, 2021 | 7.74% |
| Jun 30, 2020 | 21.46% |
| Mar 31, 2019 | 20.93% |
| Sep 30, 2018 | 14.97% |
| Jun 30, 2018 | 23.46% |
| Mar 31, 2018 | 18.14% |
| Sep 30, 2017 | 98.29% |
| Jun 30, 2017 | 270.11% |
| Mar 31, 2017 | 162.01% |
API Access
Ligand Pharmaceuticals Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=LGND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "LGND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=LGND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();