Ligand Pharmaceuticals (LGND) Tax Rate (2010 - 2026)
Ligand Pharmaceuticals recorded quarterly Tax Rate of 44.99% in Q1 2026, up 112.95% quarter-over-quarter from 21.13% in Q4 2025, and up 2959.0% year-over-year from 1.47% in Q1 2025.
Ligand Pharmaceuticals' Tax Rate history runs 17 years deep, the most recent figure standing at 44.99% for Q1 2026.
- In Q1 2026, Tax Rate rose 2959.0% year-over-year to 44.99%; the TTM figure through Mar 2026 stood at 16.94% (down 74.0% YoY), while the FY2025 annual figure was 21.71%, down 23842.0% from the prior year.
- Tax Rate came in at 44.99% for Q1 2026 at Ligand Pharmaceuticals, up from 21.13% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 160.21% in Q4 2022 to a low of 45.47% in Q2 2022.
- A 5-year average of 21.24% and a median of 20.69% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 17273 bps in 2022 and plunged 16659 bps in 2023, its largest moves.
- Ligand Pharmaceuticals' Tax Rate stood at 160.21% in 2022, then tumbled by 104 bps to 6.38% in 2023, then surged by 424 bps to 20.69% in 2024, then gained by 2 bps to 21.13% in 2025, then surged by 113 bps to 44.99% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 44.99%, 21.13%, and 16.91% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 961,148.99 Bn | 961,148.98 Bn | - | - |
| 2 | Alterity Therapeutics | 744,933.29 Bn | 744,933.26 Bn | - | - |
| 3 | Legend Biotech | 2,540.00 Bn | 2,539.71 Bn | 242.10 Mn | 57.14 |
| 4 | Nanobiotix | 2,199.85 Bn | 2,199.78 Bn | - | - |
| 5 | Akari Therapeutics | 1,635.88 Bn | 1,635.88 Bn | - | 5.61 |
| 6 | Vertex Pharmaceuticals | 111.32 Bn | 104.07 Bn | 2.59 Bn | 17.68 |
| 7 | Evaxion A | 62.56 Bn | 62.54 Bn | - | -6.79 |
| 8 | Regeneron Pharmaceuticals | 62.55 Bn | 53.79 Bn | 3.31 Bn | 12.51 |
| 9 | Alnylam Pharmaceuticals | 39.57 Bn | 36.56 Bn | 959.66 Mn | 7.07 |
| 10 | Ligand Pharmaceuticals | 4.55 Bn | 3.77 Bn | 48.45 Mn | 44.99 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 44.99 |
| Mar 31, 2026 | 44.99 |
| Dec 31, 2025 | 21.13 |
| Dec 31, 2025 | 21.13 |
| Sep 30, 2025 | 16.91 |
| Sep 30, 2025 | 16.91 |
| Jun 30, 2025 | 56.81 |
| Jun 30, 2025 | 56.81 |
| Mar 31, 2025 | 15.40 |
| Mar 31, 2025 | 15.40 |
| Dec 31, 2024 | 20.69 |
| Dec 31, 2024 | 20.69 |
| Sep 30, 2024 | -13.14 |
| Sep 30, 2024 | -13.14 |
| Jun 30, 2024 | 20.61 |
| Jun 30, 2024 | 20.61 |
| Mar 31, 2024 | 24.07 |
| Mar 31, 2024 | 24.07 |
| Dec 31, 2023 | -6.38 |
| Dec 31, 2023 | -6.38 |
| Sep 30, 2023 | 15.41 |
| Sep 30, 2023 | 15.41 |
| Jun 30, 2023 | 27.78 |
| Jun 30, 2023 | 27.78 |
| Mar 31, 2023 | 21.47 |
| Mar 31, 2023 | 21.47 |
| Dec 31, 2022 | 160.21 |
| Dec 31, 2022 | 160.21 |
| Sep 30, 2022 | 21.93 |
| Sep 30, 2022 | 21.93 |
| Jun 30, 2022 | -45.47 |
| Jun 30, 2022 | -45.47 |
| Mar 31, 2022 | -41.39 |
| Mar 31, 2022 | -41.39 |
| Dec 31, 2021 | 22.83 |
| Dec 31, 2021 | 22.83 |
| Sep 30, 2021 | 10.07 |
| Sep 30, 2021 | 10.07 |
| Jun 30, 2021 | 7.74 |
| Jun 30, 2021 | 7.74 |
| Mar 31, 2021 | -214.12 |
| Mar 31, 2021 | -214.12 |
| Dec 31, 2020 | -15.73 |
| Dec 31, 2020 | -15.73 |
| Sep 30, 2020 | 42.29 |
| Sep 30, 2020 | 42.29 |
| Jun 30, 2020 | 21.46 |
| Jun 30, 2020 | 21.46 |
| Mar 31, 2020 | 20.66 |
| Mar 31, 2020 | 20.66 |
| Dec 31, 2019 | 9.91 |
| Dec 31, 2019 | 9.91 |
| Sep 30, 2019 | 23.25 |
| Sep 30, 2019 | 23.25 |
| Jun 30, 2019 | 20.02 |
| Jun 30, 2019 | 20.02 |
| Mar 31, 2019 | 20.93 |
| Mar 31, 2019 | 20.93 |
| Dec 31, 2018 | 25.19 |
| Dec 31, 2018 | 25.19 |
| Sep 30, 2018 | 14.97 |
| Sep 30, 2018 | 14.97 |
| Jun 30, 2018 | 23.46 |
| Jun 30, 2018 | 23.46 |
| Mar 31, 2018 | 18.14 |
| Mar 31, 2018 | 18.14 |
| Dec 31, 2017 | -46.66 |
| Dec 31, 2017 | -46.66 |
| Sep 30, 2017 | 98.29 |
| Sep 30, 2017 | 98.29 |
| Jun 30, 2017 | 270.11 |
| Jun 30, 2017 | 270.11 |
| Mar 31, 2017 | 162.01 |
| Mar 31, 2017 | 162.01 |
| Dec 31, 2016 | 143.24 |
| Dec 31, 2016 | 143.24 |
| Sep 30, 2016 | 13.21 |
| Sep 30, 2016 | 13.21 |
| Jun 30, 2016 | 38.61 |
| Jun 30, 2016 | 38.61 |
| Mar 31, 2016 | 38.60 |
| Mar 31, 2016 | 38.60 |
| Dec 31, 2015 | -8.82 |
| Dec 31, 2015 | -8.82 |
| Sep 30, 2015 | -2,634.28 |
| Sep 30, 2015 | -2,634.28 |
| Jun 30, 2015 | 1.19 |
| Jun 30, 2015 | 1.19 |
| Mar 31, 2015 | -20.27 |
| Mar 31, 2015 | -20.27 |
| Dec 31, 2014 | 3.99 |
| Dec 31, 2014 | 3.99 |
| Sep 30, 2014 | 13.76 |
| Sep 30, 2014 | 13.76 |
| Jun 30, 2014 | -3.79 |
| Jun 30, 2014 | -3.79 |
| Mar 31, 2014 | 2.47 |
| Mar 31, 2014 | 2.47 |
| Dec 31, 2013 | 6.88 |
| Dec 31, 2013 | 6.88 |
| Sep 30, 2013 | 2.96 |
| Sep 30, 2013 | 2.96 |
| Jun 30, 2013 | 2.89 |
| Jun 30, 2013 | 2.89 |
| Mar 31, 2013 | 4.82 |
| Mar 31, 2013 | 4.82 |
| Dec 31, 2012 | -172.21 |
| Dec 31, 2012 | -172.21 |
| Sep 30, 2012 | -273.08 |
| Sep 30, 2012 | -273.08 |
| Jun 30, 2012 | -8.47 |
| Jun 30, 2012 | -8.47 |
| Mar 31, 2012 | 4.53 |
| Mar 31, 2012 | 4.53 |
| Dec 31, 2011 | 5.95 |
| Dec 31, 2011 | 5.95 |
| Sep 30, 2011 | -0.53 |
| Sep 30, 2011 | -0.53 |
| Jun 30, 2011 | -18.24 |
| Jun 30, 2011 | -18.24 |
| Mar 31, 2011 | 334.14 |
| Mar 31, 2011 | 334.14 |
| Dec 31, 2010 | 247.95 |
| Dec 31, 2010 | 247.95 |
| Sep 30, 2010 | -3.66 |
| Sep 30, 2010 | -3.66 |
| Jun 30, 2010 | 186.57 |
| Jun 30, 2010 | 186.57 |