Ligand Pharmaceuticals (LGND) Tax Rate (2010 - 2026)
Ligand Pharmaceuticals' (LGND) quarterly Tax Rate came in at 44.99% in Q1 2026, up 2959.0% year-on-year from 1.47% in Q1 2025, and up 112.95% quarter-over-quarter from 21.13% in Q4 2025.
Ligand Pharmaceuticals (LGND) Tax Rate (2010 - 2026) Analysis & Trends
Ligand Pharmaceuticals has disclosed Tax Rate across 17 years of filings, most recently posting 44.99% for Q1 2026.
- Tax Rate for Q1 2026 came in at 44.99%, up 2959.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.94% (down 74.0% YoY), and the FY2025 annual result 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.
- The 5-year median for Tax Rate is 20.69% (2024), against an average of 21.24%.
- Across the five-year window, Tax Rate soared 17273 bps in 2022 and sank 16659 bps in 2023, its largest moves.
- Ligand Pharmaceuticals' Tax Rate stood at 160.21% in 2022, then plunged by 104 bps to 6.38% in 2023, then jumped by 424 bps to 20.69% in 2024, then rose by 2 bps to 21.13% in 2025, then jumped by 113 bps to 44.99% in 2026.
- The last three Tax Rate figures came in at 44.99% (Q1 2026), 21.13% (Q4 2025), and 16.91% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (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 | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -57.14 |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -6.79 |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 5.61 |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 17.68 |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Ligand Pharmaceuticals | 5.47 Bn | 4.69 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% |