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
DateValue
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