Company Overview
XOMA Royalty Corporation operates as a biotech royalty aggregator in the United States, Switzerland, the Asia Pacific, and Australia. It has a portfolio of economic rights to future potential milestone and royalty payments associated with commercial products and pre-commercial therapeutic candidates. The company also focuses on early to mid-stage clinical assets primarily in Phase 1 and 2 with commercial sales potential that are licensed to sponsors or developers; and acquires milestone and royalty revenue streams on late-stage clinical assets and commercial assets. It has a portfolio with various assets. The company was formerly known as XOMA Corporation and changed its name to XOMA Royalty Corporation in July 2024. XOMA Royalty Corporation was incorporated in 1981 and is headquartered in Emeryville, California. As of July 14, 2026, XOMA Royalty Corporation operates as a subsidiary of Ligand Pharmaceuticals Incorporated.
Why Investors Should Care
Generates a return on equity of 34.2%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 18.9%.
Net profit has compounded at 95.1% per year over the last five years.
Revenue has grown at a 24.6% CAGR over the past five years.
Maintains a net profit margin of 69.6%.
Recent Developments
- Dec 2025 Revenue of $11.66M (+14.1% YoY); net profit $31.71M.
- Trailing 12 Months Year-on-year growth — revenue -22.6%, earnings +207.9%.
- 5-Year Trend Long-term compounding — revenue CAGR 24.6%, profit CAGR 95.1%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 24.60% |
| 1 Year: | -22.60% |
Compounded Profit Growth
| 5 Years: | 95.14% |
| 1 Year: | 207.90% |
Stock Price Performance
| 1 Year: | +0.00% |
| 6 Months: | - |
| 3 Months: | - |
| 1 Month: | - |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
P/E of 25.59 is above the sector median of 25.17 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 34.2%.
- Excellent profit margin of 69.6%.
- Compounding revenue at 24.6% over 5 years.
- Profit CAGR of 95.1% over 5 years.
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Healthcare).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | XOMA XOMA Royalty Corp R2KPHARMA | 40.17 | 25.59 | $710.16M | 0.00% | 18.85% | 34.23% | 24.60% | 95.14% |
| 2 | LLY Eli Lilly and Company SPXR3KPHARMA | 1,149.36 | 38.57 | $1.02T | 0.58% | - | 102.29% | 7.20% | 11.41% |
| 3 | JNJ Johnson & Johnson SPXR3KPHARMA | 275.23 | 31.97 | $663.28B | 2.09% | 14.88% | 25.74% | 2.43% | 4.76% |
| 4 | ABBV AbbVie Inc. SPXR3KPHARMA | 256.46 | 72.45 | $453.19B | 2.84% | 10.47% | -129.24% | 1.75% | -29.06% |
| 5 | MRK Merck & Co., Inc. SPXR3KPHARMA | 150.33 | 120.26 | $371.29B | 2.65% | - | 34.70% | 5.64% | 10.01% |
| 6 | UNH UnitedHealth Group Incorporated SPXR3KPHARMA | 397.14 | 25.54 | $356.47B | 2.33% | 9.74% | 14.15% | 10.40% | 5.43% |
| 7 | NVS Novartis AG PHARMA | 159.99 | 24.20 | $304.10B | 3.03% | 21.09% | 30.35% | 9.25% | 26.22% |
| 8 | AZN AstraZeneca PLC NDXPHARMA | 162.70 | 24.36 | $252.33B | 1.98% | 15.97% | 21.96% | 9.82% | 45.96% |
| 9 | AMGN Amgen Inc. NDXSPXR3KPHARMA | 437.23 | 27.14 | $235.98B | 2.49% | 13.95% | 91.47% | 5.51% | 5.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | 10.78M | 36.07M | - | 401.00K | 2.34M | 775.00K | - | 8.03M | 625.00K | 8.53M | - | 500.00K | 53.00K | 200.00K | - | 19.00K | 525.00K | 550.00K | 2.75M | 525.00K | 25.00K | - | 1.12M | 225.00K | 1.00M | 5.03M | 25.00K | - | 4.32M | 5.38M | 532.00K | 1.43M | 310.00K |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.61M | 776.00K | 1.86M | -750.00K | 790.00K |
| Operating Income | -23.68M | 28.74M | -13.99M | -18.02M | -12.09M | -17.46M | -10.92M | 1.31M | 28.65M | -2.01M | -5.14M | -2.99M | -5.31M | -3.42M | 1.94M | -4.71M | 2.89M | -4.00M | -5.62M | -3.15M | -2.69M | 23.87M | -6.43M | -3.06M | -3.35M | -2.06M | -4.77M | -4.37M | -10.17M | -5.96M | -5.79M | -7.00M | -10.08M | -15.64M | - | 5.93M | 4.60M | -1.33M | 2.18M | -480.00K |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.38M | 13.09M | 18.28M | 10.07M | 8.72M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.47M | 3.24M | 3.30M | 3.03M | 3.36M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.37M | 9.19M | 14.10M | 6.16M | 4.47M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | 49.00K | 54.00K | 1.00K |
| Net Income | -480.00K | 25.35M | -8.37M | -15.16M | -12.53M | -17.48M | -10.71M | 285.00K | 26.34M | -1.32M | -3.81M | -1.95M | -4.58M | -3.01M | 3.23M | -4.07M | 3.18M | -4.32M | -4.76M | -3.53M | -1.08M | 22.67M | -7.37M | -2.24M | -4.44M | -2.28M | -4.67M | -4.18M | -9.81M | -5.40M | -5.51M | -8.60M | 15.98M | -17.24M | - | 2.37M | 9.19M | 14.05M | 6.10M | 4.46M |
| Diluted EPS | -0.08 | 4.24 | -1.40 | -2.52 | -2.08 | -2.89 | -2.37 | 0.02 | 1.98 | -0.16 | -0.46 | -0.23 | -0.55 | -0.35 | 0.21 | -0.47 | 0.20 | -0.49 | -0.49 | -0.33 | -0.10 | 1.32 | -0.70 | -0.31 | -0.51 | -0.32 | -0.53 | -0.48 | -0.98 | -0.59 | -0.60 | -0.86 | 0.84 | -1.59 | - | 0.06 | 0.44 | 0.70 | 0.26 | 0.17 |
| R&D Expense | 17.56M | - | 13.61M | 13.70M | 8.67M | - | 3.99M | 2.92M | 307.00K | - | 432.00K | 376.00K | 637.00K | - | 256.00K | 724.00K | 143.00K | - | 62.00K | 38.00K | 34.00K | - | 61.00K | 38.00K | 30.00K | 56.00K | 40.00K | 29.00K | 54.00K | 39.00K | 25.00K | 33.00K | 1.16M | 817.00K | - | 1.29M | 69.00K | 69.00K | - | 49.00K |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 98.43M | 33.64M | 58.20M | 33.78M | 35.45M | 18.87M | 55.45M | 5.56M | 52.43M | 5.07M | 17.28M | 27.94M | - | 6.03M | 4.76M | 10.22M | 11.66M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 23.44M | 28.22M | 50.20M | 276.00K |
| Operating Income | 12.96M | -67.10M | -33.95M | -56.62M | -58.20M | -81.83M | -39.72M | -61.56M | 17.03M | -16.86M | -3.88M | 12.42M | - | -17.41M | -23.46M | -39.98M | 11.38M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | -17.02M | -39.36M | -5.42M | 47.82M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 569.00K | 13.84M | 13.03M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | -17.12M | -40.83M | -19.48M | 31.82M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | -15.00K | 0 | -5.66M | 103.00K |
| Net Income | 550.00K | -68.76M | -32.74M | -71.06M | -124.06M | -38.30M | -20.61M | -53.53M | 14.60M | -13.34M | -1.98M | 13.30M | - | -17.10M | -40.83M | -13.82M | 31.71M |
| Diluted EPS | - | - | - | -1.10 | -1.43 | -13.49 | -3.50 | -8.89 | 0.73 | -1.59 | -0.23 | 0.78 | - | -1.98 | -4.04 | -1.65 | 1.46 |
| R&D Expense | 58.13M | 77.41M | 68.14M | 68.47M | 74.85M | 80.75M | 70.85M | 44.23M | 7.88M | 1.68M | 1.25M | 170.00K | 171.00K | 153.00K | 143.00K | 2.88M | 1.71M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 74.25M | 78.04M | 105.68M | 134.78M | 89.40M | 74.88M | 28.68M | 44.94M | 63.78M | 95.72M | 125.28M | - | 140.38M | 234.30M | 221.28M | 272.70M |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 61.25M | 169.31M | 125.60M | 117.26M |
| Cash & Equivalents | 9.51M | 23.91M | 37.30M | 48.34M | 45.34M | 101.66M | 78.44M | 65.77M | 25.74M | 43.47M | 45.78M | - | - | - | 57.83M | 153.29M | 101.65M | 82.91M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00K | 1.00M | 1.84M | 4.90M |
| Total Liabilities | - | - | 50.66M | 63.02M | 84.21M | 138.77M | 86.30M | 77.19M | 75.89M | 39.15M | 45.00M | 51.74M | 38.86M | - | 16.37M | 145.58M | 159.38M | 188.76M |
| Current Liabilities | - | - | 35.53M | 20.63M | 23.83M | 29.64M | 36.25M | 23.30M | 32.51M | 7.42M | 5.70M | 8.88M | 12.30M | - | 6.82M | 19.50M | 24.37M | 34.82M |
| Long Term Debt | - | - | 13.69M | 33.52M | 37.65M | 35.15M | 16.29M | 42.76M | 25.31M | 14.57M | 21.69M | 27.09M | 12.76M | - | - | 118.52M | 106.88M | 96.45M |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 34.00K | 124.45M | 119.20M | 131.56M |
| Total Equity | -31.40M | 17.53M | 23.59M | 15.01M | 21.47M | -3.99M | 3.10M | -2.31M | -47.21M | 5.79M | 18.79M | 43.99M | 86.42M | - | 124.01M | 88.72M | 61.90M | 83.94M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.45M | 11.50M | 11.95M | 11.86M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 7.43M | -52.54M | -29.06M | -40.77M | -45.91M | - | - | - | 2.69M | -12.64M | -285.00K | 10.09M | - | -12.88M | -18.16M | -13.75M | 2.87M |
| Investing Cash Flow | 10.57M | -339.00K | -3.30M | -42.02M | 18.84M | - | - | - | 1.61M | -15.01M | -19.30M | -209.00K | - | -20.22M | -711.00K | -28.26M | 50.89M |
| Financing Cash Flow | -3.61M | 66.27M | 43.98M | 79.78M | 83.39M | - | - | - | 13.26M | 29.94M | 30.49M | 19.79M | - | -4.45M | 120.59M | -11.13M | -26.46M |
| Capital Expenditure | -270.00K | -339.00K | -3.30M | -2.51M | -1.17M | -325.00K | -430.00K | -59.00K | -8.00K | -6.00K | - | -9.00K | - | -15.25M | -17.00K | -20.00K | -20.73M |
| Free Cash Flow | 7.17M | -52.88M | -32.37M | -43.27M | -47.08M | - | - | - | 2.68M | -12.65M | - | 10.08M | - | -28.13M | -18.18M | -13.77M | -17.85M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | -37.55M | 101.72M | -53.13M | 27.29M |
| Share Buybacks | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.00K | 16.04M |
| Dividends Paid | - | - | - | - | - | - | - | - | - | - | - | - | 3.50M | 5.47M | 5.47M | 5.47M | 5.47M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 13.2% | -199.5% | -58.3% | -167.6% | -164.2% | -433.8% | -71.6% | -1,106.4% | 32.5% | -332.6% | -22.5% | 44.4% | - | -288.9% | -493.1% | -391.2% | 97.6% |
| Net Margin % | 0.6% | -204.4% | -56.3% | -210.4% | -349.9% | -203.0% | -37.2% | -962.1% | 27.8% | -263.3% | -11.5% | 47.6% | - | -283.8% | -858.2% | -135.2% | 272.0% |
| ROE % | 3.1% | -291.5% | -218.1% | -331.0% | 3,111.6% | -1,235.9% | 892.4% | 113.4% | 252.3% | -71.0% | -4.5% | 15.4% | - | -13.8% | -46.0% | -22.3% | 37.8% |
| ROCE % | - | -173.3% | -59.1% | -69.2% | -55.4% | -153.9% | -77.0% | 1,607.7% | 45.4% | -29.0% | -4.5% | 11.0% | - | -13.0% | -10.9% | -20.3% | 4.8% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | BVF Inc. | 14.65% | 2.59M | $104.05M |
| 2 | Morgan Stanley | 9.63% | 1.70M | $68.38M |
| 3 | FMR, LLC | 7.37% | 1.30M | $52.34M |
| 4 | Blackrock Inc. | 3.66% | 646.91K | $25.99M |
| 5 | Woodline Partners LP | 3.62% | 640.00K | $25.71M |
| 6 | Vanguard Capital Management LLC | 3.11% | 549.80K | $22.09M |
| 7 | Opaleye Management Inc. | 1.70% | 300.00K | $12.05M |
| 8 | GW&K Investment Management, LLC | 1.31% | 232.14K | $9.33M |
| 9 | Geode Capital Management, LLC | 1.30% | 229.77K | $9.23M |
| 10 | Millennium Management Llc | 1.16% | 204.92K | $8.23M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for XOMA
XOMA Royalty (XOMA) Stock Fair Value Falls After Ligand Agrees Cash Acquisition
The fair value price target for XOMA Royalty has been reset from US$65.75 to US$39.00, now aligned with the agreed all cash acquisition price. Analysts are centering their narratives on this US$39 level as the key reference point for both v…
Ligand Pharmaceuticals (LGND) Stock Looks Undervalued On Cash Flow Yet Overvalued On Earnings
Ligand Pharmaceuticals stock has delivered a very large 338.7% return over the past three years, yet its valuation signals are split, with an intrinsic value estimate from a Discounted Cash Flow (DCF) model suggesting the shares trade below…
XOMA Royalty Corporation Declares Quarterly Preferred Stock Dividend and Announces Redemption of Its Perpetual Preferred Stock and CVR Dividend Record Date
EMERYVILLE, Calif., June 12, 2026 (GLOBE NEWSWIRE) -- XOMA Royalty Corporation (Nasdaq: XOMA) (“XOMA” or the “Company”) today announced that its Board of Directors has authorized the following cash dividends to holders of XOMA Royalty’s (i)…
Oncobiologics, Inc. (OTLK) Reports Q2 Loss, Lags Revenue Estimates
Oncobiologics (OTLK) delivered earnings and revenue surprises of -33.33% and -97.09%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
CG Oncology, Inc. (CGON) Reports Q1 Loss, Tops Revenue Estimates
CG Oncology, Inc. (CGON) delivered earnings and revenue surprises of -23.33% and +80.50%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Royalty Powerhouse: Ligand And Xoma Unite In $739 Million Deal
Ligand Pharmaceuticals snatched up Xoma Royalty in a deal worth $739 million, the companies said Monday as both biotech stocks jumped.
XOMA — Frequently Asked Questions
What is the current share price of XOMA Royalty Corp (XOMA)?
As of 2026-09-07 16:24 PDT, XOMA Royalty Corp (XOMA) trades at $40.17 on NasdaqGM. Its 52-week range is $40.17 to $40.17.
What is the market capitalisation of XOMA?
XOMA Royalty Corp (XOMA) has a market capitalisation of $710.16M on NasdaqGM.
What is the P/E ratio of XOMA?
XOMA trades at a trailing price-to-earnings (P/E) ratio of 25.59. The industry average P/E is 25.17. Its price-to-book (P/B) ratio is 5.15.
What is the return on equity (ROE) of XOMA?
XOMA has a return on equity (ROE) of 34.23%. Its return on capital employed (ROCE) is 18.85%.
Is XOMA a good stock to buy?
This page provides a data-driven analysis of XOMA Royalty Corp (XOMA), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.