Kodiak Sciences Inc. (KOD) vs Ligand Pharmaceuticals Incorporated (LGND)

A side-by-side comparison of Kodiak Sciences Inc. and Ligand Pharmaceuticals Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — KOD vs LGND

growth of $100 · dividends reinvested · last 8y
KOD +4521.2% (+61.5%/yr)LGND +93.4% (+8.6%/yr)KOD compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $1002020202220242026$4,621$193
KOD LGND

KOD vs LGND: by the numbers

  • •LGND is the larger company ($5.95B vs $5.78B market cap).
  • •LGND is profitable (67.88% net margin) while KOD runs a net loss (0.00%).

Metrics side by side

Valuation

MetricKODLGND
P/E ratioN/A31.76
Forward P/EN/A31.91
P/S ratioN/A20.48
P/B ratio94.586.15
EV / EBITDAN/A45.02
FCF yieldN/A2.21%

Profitability

MetricKODLGND
Gross margin0.00%98.58%
Operating margin0.00%17.61%
Net margin0.00%67.88%
ROE-396.09%20.38%
ROIC-115.23%3.91%

Growth (annualized)

MetricKODLGND
Revenue CAGR (5Y)N/A2.92%
FCF CAGR (5Y)N/A-0.49%
Total return CAGR (5Y)36.19%30.72%

Frequently asked

Is KOD or LGND more profitable?
LGND runs the higher net margin — KOD at 0.00% versus LGND at 67.88%.
How have KOD and LGND total returns compared?
Over the past 5 years, KOD delivered 36.19% and LGND delivered 30.72% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.