Largo (LGO) Asset Utilization Ratio (2021 - 2026)
Largo (LGO) posted quarterly Asset Utilization Ratio of 0.33 for Q1 2026, down 4.53% year-over-year from 0.35 in Q1 2025, and down 3.87% quarter-over-quarter from 0.34 in Q4 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 for Q1 2026 stood at 0.33, down from 0.34 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.66 in Q1 2023, with the low at 0.33 in Q2 2025.
- The 5-year median for Asset Utilization Ratio is 0.47 (2024), against an average of 0.48.
- The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio increased 10.4% in 2022, then sank 30.14% in 2025.
- Largo's Asset Utilization Ratio stood at 0.65 in 2022, then slipped by 19.14% to 0.53 in 2023, then retreated by 28.44% to 0.38 in 2024, then declined by 9.11% to 0.34 in 2025, then slipped by 3.87% to 0.33 in 2026.
- Business Quant data shows LGO's Asset Utilization Ratio at 0.33 in Q1 2026, 0.34 in Q4 2025, and 0.34 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 246.44 Bn | 216.98 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.77 Bn | 28.57 Bn | 1.21 Bn | 0.72 |
| 4 | MP Materials | 10.76 Bn | 8.29 Bn | 36.20 Mn | 0.08 |
| 5 | Almonty Industries | 5.35 Bn | 4.46 Bn | 18.87 Mn | - |
| 6 | Materion | 4.80 Bn | 4.78 Bn | 104.34 Mn | 1.12 |
| 7 | USA Rare Earth | 4.46 Bn | 4.46 Bn | -1.58 Mn | - |
| 8 | Skeena Resources | 4.30 Bn | 3.87 Bn | - | - |
| 9 | Evolution Metals & Technologies | 2.52 Bn | 2.52 Bn | -115,000.00 | - |
| 10 | Largo | 77,740.66 | -10.02 Mn | 44.00 Mn | 0.37 |
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 | 0.63 |
| Jun 30, 2021 | 0.59 |