Lithium Americas (LAC) Equity Average (2022 - 2025)

Lithium Americas' (LAC) quarterly Equity Average came in at $1.0 billion in Q4 2025, up 62.37% year-on-year from $635.1 million in Q4 2024, and up 36.44% quarter-over-quarter from $755.7 million in Q3 2025.

Lithium Americas (LAC) Equity Average (2022 - 2025) Analysis & Trends

Lithium Americas has disclosed Equity Average across 4 years of filings, most recently posting $1.0 billion for Q4 2025.

  • Equity Average for Q4 2025 came in at $1.0 billion, up 62.37% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.0 billion (up 62.37% YoY), and the FY2025 annual result was $1.1 billion, up 117.82% from the prior year.
  • Equity Average came in at $1.0 billion for Q4 2025 at Lithium Americas, up from $755.7 million in the prior quarter.
  • In the past five years, Equity Average ranged from a high of $1.0 billion in Q4 2025 to a low of -$48.7 million in Q4 2022.
  • The 4-year median for Equity Average is $636.7 million (2024), against an average of $584.3 million.
  • Across the five-year window, Equity Average soared 437.64% in 2023 and increased 18.39% in 2025, its largest moves.
  • Lithium Americas' Equity Average stood at -$48.7 million in 2022, then jumped by 437.64% to $164.6 million in 2023, then jumped by 285.9% to $635.1 million in 2024, then jumped by 62.37% to $1.0 billion in 2025.
  • The last three Equity Average figures came in at $1.0 billion (Q4 2025), $755.7 million (Q3 2025), and $985.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 353.70 Mn
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - 122.80 Mn
4 Ioneer 10.78 Bn 10.76 Bn - 230.26 Mn
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 1.97 Bn
6 Iperionx 8.57 Bn 8.52 Bn - 100.32 Mn
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 950.12 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn -
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -
10 Lithium Americas 1.10 Bn 726.06 Mn - 1.03 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.03 Bn
Sep 30, 2025 755.73 Mn
Jun 30, 2025 985.42 Mn
Mar 31, 2025 785.01 Mn
Dec 31, 2024 635.07 Mn
Sep 30, 2024 638.33 Mn
Jun 30, 2024 512.61 Mn
Mar 31, 2024 384.32 Mn
Dec 31, 2023 164.57 Mn
Dec 31, 2022 -48.74 Mn