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Return on equity at other companies

Royalty Pharma logo
Royalty PharmaRPRX
8.4%-2.7pp
LQD
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-181%+57.4pp
Revvity logo
RevvityRVTY
3.2%-0.5pp
Roivant Sciences logo
Roivant SciencesROIV
-17.1%-17.7pp
Mirum Pharmaceuticals, Inc. logo
Mirum Pharmaceuticals, Inc.MIRM
-335.8%-377pp
Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
-67.6%-20.3pp

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$5.51B+96.7%
Enterprise value$5.4B+95.4%
P/E35.9×
P/S20.1×+4.6×

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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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 equity?
Ligand Pharmaceuticals (LGND) reported return on equity of 17.1% in Q1 2026.
How has Ligand Pharmaceuticals's return on equity changed year-over-year?
Ligand Pharmaceuticals's return on equity increased by 203.5% year-over-year, from -16.6% to 17.1%.
What is the long-term trend for Ligand Pharmaceuticals's return on equity?
Over 5 years (2020 to 2025), Ligand Pharmaceuticals's return on equity has grown at a 101.6% compound annual growth rate (CAGR), from -0.4% to 13.5%.
What does return on equity mean?
Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.