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
DateValue
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