Liquidia (LQDA) Equity Ratio (2019 - 2026)

Liquidia (LQDA) recorded quarterly Equity Ratio of 0.27 in Q1 2026, up 98.17% quarter-over-quarter from 0.14 in Q4 2025, and up 23.71% on a YoY basis from 0.22 in Q1 2025.

Liquidia (LQDA) Equity Ratio (2019 - 2026) Analysis & Trends

Liquidia's Equity Ratio history runs 8 years deep, the most recent figure standing at 0.27 for Q1 2026.

  • In Q1 2026, Equity Ratio rose 23.71% year-over-year to 0.27; the TTM figure through Mar 2026 stood at 0.27 (up 23.71% YoY), while the FY2025 annual figure was 0.14, down 60.41% from the prior year.
  • Equity Ratio was 0.27 for Q1 2026 at Liquidia, up from 0.14 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.73 in Q2 2022 to a low of 0.06 in Q2 2025.
  • Historically, Equity Ratio has averaged 0.42 across 5 years, with a median of 0.43 in 2023.
  • The sharpest annual moves came in 2025 and 2026: Equity Ratio sank 85.63% in 2025, then increased 23.71% in 2026.
  • A 5-year view of Equity Ratio shows it stood at 0.7 in 2022, then plunged by 42.89% to 0.4 in 2023, then dropped by 13.76% to 0.34 in 2024, then slumped by 60.41% to 0.14 in 2025, then jumped by 98.17% to 0.27 in 2026.
  • The last three Equity Ratio figures came in at 0.27 (Q1 2026), 0.14 (Q4 2025), and 0.08 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Teva Pharmaceutical Industries 38.77 Bn 35.04 Bn 1.97 Bn 0.21
2 Zoetis 34.11 Bn 32.16 Bn 1.62 Bn 0.21
3 United Therapeutics 23.68 Bn 21.53 Bn 648.10 Mn 0.88
4 Aurora Cannabis 16.48 Bn 16.40 Bn 33.43 Mn 0.73
5 Neurocrine Biosciences 16.19 Bn 14.88 Bn 800.70 Mn 0.69
6 Elanco Animal Health 11.44 Bn 11.01 Bn 785.00 Mn 0.49
7 Alkermes 7.28 Bn 6.77 Bn -116.06 Mn 0.41
8 Lantheus Holdings 6.48 Bn 5.98 Bn 230.92 Mn 0.52
9 Hims & Hers Health 6.35 Bn 5.60 Bn 396.79 Mn 0.20
10 Liquidia 5.74 Bn 5.52 Bn 121.79 Mn 0.27

Historic Data

Download Data
DateValue
Mar 31, 2026 0.27
Dec 31, 2025 0.14
Sep 30, 2025 0.08
Jun 30, 2025 0.06
Mar 31, 2025 0.22
Dec 31, 2024 0.34
Sep 30, 2024 0.45
Jun 30, 2024 0.41
Mar 31, 2024 0.49
Dec 31, 2023 0.40
Sep 30, 2023 0.43
Jun 30, 2023 0.50
Mar 31, 2023 0.63
Dec 31, 2022 0.70
Sep 30, 2022 0.72
Jun 30, 2022 0.73
Mar 31, 2022 0.59
Dec 31, 2021 0.70
Sep 30, 2021 0.73
Jun 30, 2021 0.76