Ligand Pharmaceuticals Incorporated (LGND) — Free Cash Flow Generation Index
Ligand Pharmaceuticals Incorporated (LGND) has a Free Cash Flow Generation Index of 1.00x as of March 2026. Free cash flow of $48.46 Million represents 1% of operating cash flow ($48.69 Million). See LGND net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Ligand Pharmaceuticals Incorporated Free Cash Flow Generation Index (2003–2025)
Historical FCF Generation Index trend for Ligand Pharmaceuticals Incorporated across 16 annual periods. Explore how well can Ligand Pharmaceuticals Incorporated service its debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Ligand Pharmaceuticals Incorporated (2003–2025)
Year-by-year Free Cash Flow Generation Index for Ligand Pharmaceuticals Incorporated. For the full company profile including market capitalisation, see LGND market cap overview.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.99x | $48.91 Million | $49.36 Million | $452.00K | ▲ +24.2% |
| 2024 | 0.80x | $77.41 Million | $97.05 Million | $19.64 Million | ▲ +1025.7% |
| 2023 | -0.09x | $-4.27 Million | $49.58 Million | $53.85 Million | ▼ -109.9% |
| 2022 | 0.87x | $119.93 Million | $137.85 Million | $17.92 Million | ▼ -2.1% |
| 2021 | 0.89x | $70.04 Million | $78.80 Million | $8.76 Million | ▼ -3.2% |
| 2020 | 0.92x | $50.13 Million | $54.59 Million | $4.46 Million | ▼ -2.2% |
| 2018 | 0.94x | $182.17 Million | $194.06 Million | $11.89 Million | ▲ +1.6% |
| 2017 | 0.92x | $86.41 Million | $93.57 Million | $7.15 Million | ▲ +67.8% |
| 2016 | 0.55x | $34.68 Million | $63.00 Million | $28.32 Million | ▼ -25.6% |
| 2015 | 0.74x | $30.86 Million | $41.73 Million | $10.86 Million | ▼ -5.3% |
| 2014 | 0.78x | $16.07 Million | $20.57 Million | $4.50 Million | ▲ +2.6% |
| 2013 | 0.76x | $15.75 Million | $20.69 Million | $4.94 Million | ▲ +101.4% |
| 2012 | -52.69x | $-8.48 Million | $161.00K | $8.64 Million | ▼ -1518.5% |
| 2005 | -3.26x | $-27.23 Million | $8.37 Million | $35.60 Million | ▼ -971.2% |
| 2004 | 0.37x | $2.15 Million | $5.75 Million | $3.60 Million | ▲ +104.1% |
| 2003 | -9.16x | $-2.51 Million | $274.00K | $2.78 Million | — |