Largo (LGO) Asset Utilization Ratio (2021 - 2026)
Largo (LGO) recorded quarterly Asset Utilization Ratio of 0.33 in Q1 2026, down 3.87% quarter-over-quarter from 0.34 in Q4 2025, and down 4.53% on a YoY basis from 0.35 in Q1 2025.
Largo (LGO) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Largo's Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.33 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 4.53% year-over-year to 0.33; the TTM figure through Mar 2026 stood at 0.33 (down 4.53% YoY), while the FY2025 annual figure was 0.34, down 3.36% from the prior year.
- Asset Utilization Ratio was 0.33 for Q1 2026 at Largo, down from 0.34 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.66 in Q1 2023 to a low of 0.33 in Q2 2025.
- Historically, Asset Utilization Ratio has averaged 0.48 across 5 years, with a median of 0.47 in 2024.
- The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio surged 46.01% in 2022, then slumped 30.14% in 2025.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.65 in 2022, then dropped by 19.14% to 0.53 in 2023, then decreased by 28.44% to 0.38 in 2024, then fell by 9.11% to 0.34 in 2025, then dropped by 3.87% to 0.33 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.33 (Q1 2026), 0.34 (Q4 2025), and 0.34 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (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 | 0.07 |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 1.04 |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 0.38 |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | - |
| 10 | Largo | 77,111.03 | -8.46 Mn | - | 0.33 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.33 |
| Dec 31, 2025 | 0.34 |
| Sep 30, 2025 | 0.34 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | 0.35 |
| Dec 31, 2024 | 0.38 |
| Sep 30, 2024 | 0.43 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 0.49 |
| Dec 31, 2023 | 0.53 |
| Sep 30, 2023 | 0.53 |
| Jun 30, 2023 | 0.55 |
| Mar 31, 2023 | 0.66 |
| Dec 31, 2022 | 0.65 |
| Sep 30, 2022 | 0.66 |
| Jun 30, 2022 | 0.65 |
| Sep 30, 2021 | 0.49 |
| Jun 30, 2021 | 0.45 |