Lithium Argentina AG (LAR) Return on Equity (2018 - 2024)
Lithium Argentina AG (LAR) reported Return on Equity of 0.02% for Q2 2024, up 2.0% on a YoY basis from 0.01% in Q3 2023, and down 1.41% quarter-over-quarter from 0.02% in Q1 2024.
Lithium Argentina AG (LAR) Return on Equity (2018 - 2024) Analysis & Trends
Lithium Argentina AG has reported Return on Equity for 7 years, with the latest figure at 0.02% in Q2 2024.
- For the quarter ending Q2 2024, Return on Equity rose 2.0% year-over-year to 0.02%; the trailing twelve-month figure through Jun 2024 stood at 0.02% (up 2.0% YoY), and the FY2023 full-year result was 0.02%, up 2.0% from the prior year.
- Return on Equity for Q2 2024 stood at 0.02%, down from 0.02% in the prior quarter.
- The five-year high for Return on Equity was 0.02% in Q1 2024, with the low at 0.0% in Q1 2022.
- Historically, Return on Equity has averaged 0.0% across 5 years, with a median of 0.0% in 2020.
- Annual changes were most pronounced in 2020 — Return on Equity changed 0 bps — and 2024, when it gained 2 bps.
- Lithium Argentina AG's Return on Equity stood at 0.0% in 2020, then tumbled by 176 bps to 0.0% in 2021, then climbed by 0 bps to 0.0% in 2022, then soared by 1120 bps to 0.01% in 2023, then increased by 25 bps to 0.02% in 2024.
- The last three Return on Equity figures came in at 0.02% (Q2 2024), 0.02% (Q1 2024), and 0.01% (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (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 | - | -0.01% |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | 0.00% |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 0.00% |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 0.00% |
| 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 Argentina AG | 14.02 Mn | -47.08 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 0.02% |
| Mar 31, 2024 | 0.02% |
| Dec 31, 2023 | 0.01% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 0.00% |
| Sep 30, 2022 | 0.00% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 0.00% |
| Mar 31, 2021 | 0.00% |
| Dec 31, 2020 | 0.00% |
| Sep 30, 2020 | 0.00% |
| Jun 30, 2020 | 0.00% |
| Mar 31, 2020 | 0.00% |
| Dec 31, 2019 | 0.00% |
| Sep 30, 2019 | 0.00% |