Lithium Americas (LAC) Capital Expenditures (2023 - 2025)
Lithium Americas' (LAC) quarterly Capital Expenditures came in at $239.4 million in Q4 2025, up 262.88% year-over-year from $66.0 million in Q4 2024, and up 39.04% quarter-over-quarter from $172.2 million in Q3 2025.
Analysis
Lithium Americas (LAC) Capital Expenditures (2023 - 2025) Analysis & Trends
Lithium Americas has disclosed Capital Expenditures across 3 years of filings, most recently posting $239.4 million for Q4 2025.
- In Q4 2025, Capital Expenditures rose 262.88% year-over-year to $239.4 million; the TTM figure through Dec 2025 stood at $765.0 million (up 330.54% YoY), while the FY2025 annual figure was $765.0 million, up 330.54% from the prior year.
- Capital Expenditures came in at $239.4 million for Q4 2025 at Lithium Americas, up from $172.2 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $239.4 million in Q4 2025 to a low of $31.0 million in Q2 2024.
- Average Capital Expenditures over 3 years is $112.9 million, with a median of $73.5 million recorded in 2023.
- Year-over-year, Capital Expenditures declined 10.31% in 2024 and jumped 661.08% in 2025.
- Over 3 years, Capital Expenditures stood at $73.5 million in 2023, then retreated by 10.31% to $66.0 million in 2024, then soared by 262.88% to $239.4 million in 2025.
- Per Business Quant data, the three most recent Capital Expenditures figures were $239.4 million in Q4 2025, $172.2 million in Q3 2025, and $235.6 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Chemical & Mining Co Of Chile | 20.66 Bn | 16.31 Bn | 1.26 Bn | - |
| 2 | Albemarle | 14.44 Bn | 12.80 Bn | 590.30 Mn | 71.73 Mn |
| 3 | Sigma Lithium | 1.12 Bn | 1.10 Bn | 32.81 Mn | -1.27 Mn |
| 4 | Lithium Americas | 1.12 Bn | -161.96 Mn | - | - |
| 5 | Lithium Argentina AG | 1.04 Bn | 876.70 Mn | 110.99 Mn | - |
| 6 | Solid Power | 559.29 Mn | 559.29 Mn | -1.85 Mn | 5.42 Mn |
| 7 | Standard Lithium | 468.47 Mn | 331.22 Mn | - | - |
| 8 | American Battery Technology | 338.21 Mn | 298.93 Mn | 737,749.00 | 6.72 Mn |
| 9 | Atlas Lithium | 91.02 Mn | 54.52 Mn | - | 602,932.00 |
| 10 | American Battery Materials | 18.82 Mn | 18.82 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 239.38 Mn |
| Sep 30, 2025 | 172.17 Mn |
| Jun 30, 2025 | 235.57 Mn |
| Mar 31, 2025 | 117.93 Mn |
| Dec 31, 2024 | 65.97 Mn |
| Sep 30, 2024 | 34.69 Mn |
| Jun 30, 2024 | 30.95 Mn |
| Mar 31, 2024 | 46.08 Mn |
| Dec 31, 2023 | 73.55 Mn |