Lithium Argentina AG (LAR) Gross Margin (2017 - 2019)
Lithium Argentina AG (LAR) reported Gross Margin of 19.41% for Q3 2019, up 2207.0% on a YoY basis from 0.84% in Q3 2018, and down 14.56% quarter-over-quarter from 16.95% in Q2 2019.
Lithium Argentina AG (LAR) Gross Margin (2017 - 2019) Analysis & Trends
Lithium Argentina AG has reported Gross Margin for 3 years, with the latest figure at 19.41% in Q3 2019.
- For the quarter ending Q3 2019, Gross Margin rose 2207.0% year-over-year to 19.41%; the trailing twelve-month figure through Sep 2019 stood at 18.51% (up 4107.0% YoY), and the FY2018 full-year result was 40.41%, up 185.0% from the prior year.
- Gross Margin for Q3 2019 stood at 19.41%, down from 16.95% in the prior quarter.
- The five-year high for Gross Margin was 12.59% in Q2 2017, with the low at 144.03% in Q4 2017.
- Historically, Gross Margin has averaged 42.25% across 3 years, with a median of 37.96% in 2017.
- The largest YoY upside for Gross Margin was 12161 bps in 2018 against a maximum downside of 4086 bps in 2018.
- Lithium Argentina AG's Gross Margin stood at 144.03% in 2017, then soared by 84 bps to 22.42% in 2018, then advanced by 13 bps to 19.41% in 2019.
- The last three Gross Margin figures came in at 19.41% (Q3 2019), 16.95% (Q2 2019), and 14.77% (Q1 2019), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 18.10% |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 14.88% |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 60.38% |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | 45.46% |
| 10 | Lithium Argentina AG | 14.02 Mn | -47.08 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2019 | -19.41% |
| Jun 30, 2019 | -16.95% |
| Mar 31, 2019 | -14.77% |
| Dec 31, 2018 | -22.42% |
| Sep 30, 2018 | -41.48% |
| Jun 30, 2018 | -53.45% |
| Mar 31, 2018 | -53.01% |
| Dec 31, 2017 | -144.03% |
| Sep 30, 2017 | -48.73% |
| Jun 30, 2017 | -12.59% |
| Mar 31, 2017 | -37.96% |