Lithium Americas (LAC) Capital Expenditures (2023 - 2025)
Lithium Americas (LAC) posted Capital Expenditures of $239.4 million for Q4 2025, up 39.04% sequentially from $172.2 million in Q3 2025, and up 262.88% YoY from $66.0 million in Q4 2024.
Lithium Americas (LAC) Capital Expenditures (2023 - 2025) Analysis & Trends
Lithium Americas has reported Capital Expenditures for 3 years, with the latest figure at $239.4 million in Q4 2025.
- Quarterly Capital Expenditures rose 262.88% year-over-year to $239.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $765.0 million (up 330.54% YoY) and the FY2025 annual result came in at $765.0 million, up 330.54% from the prior year.
- Capital Expenditures grew to $239.4 million in Q4 2025 per LAC's latest filing, from $172.2 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $239.4 million in Q4 2025 and troughed at $31.0 million in Q2 2024.
- A 3-year average of $112.9 million and a median of $73.5 million in 2023 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2024 and 2025: Capital Expenditures fell 10.31% in 2024, then surged 661.08% in 2025.
- Over 3 years, Capital Expenditures stood at $73.5 million in 2023, then slipped by 10.31% to $66.0 million in 2024, then surged by 262.88% to $239.4 million in 2025.
- According to Business Quant data, Capital Expenditures over the past three periods registered $239.4 million, $172.2 million, and $235.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 246.44 Bn | 216.98 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.77 Bn | 28.57 Bn | 1.21 Bn | 561.71 Mn |
| 4 | MP Materials | 10.76 Bn | 8.29 Bn | 36.20 Mn | 230.34 Mn |
| 5 | Almonty Industries | 5.35 Bn | 4.46 Bn | 18.87 Mn | - |
| 6 | Materion | 4.80 Bn | 4.78 Bn | 104.34 Mn | 14.53 Mn |
| 7 | USA Rare Earth | 4.46 Bn | 4.46 Bn | -1.58 Mn | - |
| 8 | Skeena Resources | 4.30 Bn | 3.87 Bn | - | -94.96 Mn |
| 9 | Evolution Metals & Technologies | 2.52 Bn | 2.52 Bn | -115,000.00 | - |
| 10 | Lithium Americas | 1.17 Bn | -109.91 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 239.38 Mn |
| Dec 31, 2025 | 239.38 Mn |
| Sep 30, 2025 | 172.17 Mn |
| Sep 30, 2025 | 172.17 Mn |
| Jun 30, 2025 | 235.57 Mn |
| Jun 30, 2025 | 235.57 Mn |
| Mar 31, 2025 | 117.93 Mn |
| Mar 31, 2025 | 117.93 Mn |
| Dec 31, 2024 | 65.97 Mn |
| Dec 31, 2024 | 65.97 Mn |
| Sep 30, 2024 | 34.69 Mn |
| Sep 30, 2024 | 34.69 Mn |
| Jun 30, 2024 | 30.95 Mn |
| Jun 30, 2024 | 30.95 Mn |
| Mar 31, 2024 | 46.08 Mn |
| Mar 31, 2024 | 46.08 Mn |
| Dec 31, 2023 | 73.55 Mn |
| Dec 31, 2023 | 73.55 Mn |