Lithium Americas (LAC) Equity Ratio (2021 - 2025)
Lithium Americas' (LAC) quarterly Equity Ratio came in at 0.62 in Q4 2025, up 1.24% year-on-year from 0.61 in Q4 2024, and up 87.75% quarter-over-quarter from 0.33 in Q3 2025.
Lithium Americas (LAC) Equity Ratio (2021 - 2025) Analysis & Trends
Lithium Americas has disclosed Equity Ratio across 5 years of filings, most recently posting 0.62 for Q4 2025.
- Equity Ratio for Q4 2025 came in at 0.62, up 1.24% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.62 (up 1.24% YoY), and the FY2025 annual result was 0.62, up 1.24% from the prior year.
- Equity Ratio came in at 0.62 for Q4 2025 at Lithium Americas, up from 0.33 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.92 in Q1 2025 to a low of 3.84 in Q4 2021.
- The 5-year median for Equity Ratio is 0.61 (2025), against an average of 0.22.
- Across the five-year window, Equity Ratio jumped 143.96% in 2023 and tumbled 31.03% in 2024, its largest moves.
- Lithium Americas' Equity Ratio stood at 3.84 in 2021, then soared by 47.82% to 2.0 in 2022, then surged by 143.96% to 0.88 in 2023, then sank by 31.03% to 0.61 in 2024, then increased by 1.24% to 0.62 in 2025.
- The last three Equity Ratio figures came in at 0.62 (Q4 2025), 0.33 (Q3 2025), and 0.77 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | 0.64 |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | 0.16 |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | 0.99 |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 0.51 |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | 0.84 |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 0.51 |
| 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 | - | 0.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.62 |
| Sep 30, 2025 | 0.33 |
| Jun 30, 2025 | 0.77 |
| Mar 31, 2025 | 0.92 |
| Dec 31, 2024 | 0.61 |
| Dec 31, 2023 | 0.88 |
| Dec 31, 2022 | -2.00 |
| Dec 31, 2021 | -3.84 |