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Return on assets at other companies

Royalty Pharma logo
Royalty PharmaRPRX
4.4%-2.1pp
LQD
Liquidia CorporationLQDA
-46.1%-10.2pp
Revvity logo
RevvityRVTY
2%-0.3pp
BridgeBio Pharma logo
BridgeBio PharmaBBIO
-64.8%-9.5pp
Roivant Sciences logo
Roivant SciencesROIV
-14.7%-15.2pp
Relay Therapeutics, Inc. logo
Relay Therapeutics, Inc.RLAY
-36.4%-3.4pp

Other financials

Income statement

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Revenue$51.7M+14.1%
Operating income$17.4M+148%
Net income-$13.3M+68.6%
EPS (diluted)-$0.67+69.7%

Balance sheet

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Cash & equivalents$115.1M+140%
Total debt$5.1M+14.2%
Total equity$997.3M+25.4%
Total assets$1.5B+69.2%

Cash flow

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Operating cash flow$48.7M+291%
CapEx$228.0K+6.5%
Free cash flow$48.5M+289%

Valuation

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Market cap$5.6B+96.7%

Profitability

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Gross margin91.9%
Operating margin34.5%+23.0pp
Net margin55.9%+35.7pp
FCF margin44.8%+16.8pp

Returns & leverage

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Return on equity17.1%+11.5pp
Debt / equity0.0×
Current ratio21.3×+16.0×

Where this comes from

Calculated from Ligand Pharmaceuticals’s reported figures.

Based on trailing twelve months.

The official record: Ligand Pharmaceuticals’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ligand Pharmaceuticals's return on assets?
Ligand Pharmaceuticals (LGND) reported return on assets of 12.6% in Q1 2026.
How has Ligand Pharmaceuticals's return on assets changed year-over-year?
Ligand Pharmaceuticals's return on assets increased by 186.4% year-over-year, from -14.6% to 12.6%.
What is the long-term trend for Ligand Pharmaceuticals's return on assets?
Over 5 years (2020 to 2025), Ligand Pharmaceuticals's return on assets has grown at a 116.5% compound annual growth rate (CAGR), from -0.2% to 9.9%.
What does return on assets mean?
Trailing-twelve-month net income divided by average total assets. Measures how efficiently the asset base generates profit, independent of how those assets are financed. Computed as net income over average total assets — note this is OpenCapital's standard definition and may differ from data vendors that use alternative numerators.