Largo (LGO) Asset Writedowns and Impairment (2023 - 2026)
Largo (LGO) reported Asset Writedowns and Impairment of $7.28 million for the quarter ended Jun 30, 2026, up 45.3% from $5.01 million a year earlier and up 298.8% from the prior quarter.
Largo (LGO) Asset Writedowns and Impairment (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Largo's Asset Writedowns and Impairment came in at $13.79 million, down 46.3% year-over-year; for the year ended Dec 31, 2025, it was $21.27 million, down 9.9% from the prior year.
- By year, Asset Writedowns and Impairment came in at $23.62 million in the year ended Dec 31, 2024 (+366.7%) and $5.06 million in the year ended Dec 31, 2023.
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Asset Writedowns and Impairment since the quarter ended Mar 31, 2025.
- Year over year, Asset Writedowns and Impairment gained in four of the last six quarters, with growth averaging 57.7%.
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $1.83 million (quarter ended Mar 31, 2026), $962,000 (quarter ended Dec 31, 2025) and $3.72 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - |
| 10 | Largo | 31.88 Mn | 4.96 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.28 Mn |
| Mar 31, 2026 | 1.83 Mn |
| Dec 31, 2025 | 962,000.00 |
| Sep 30, 2025 | 3.72 Mn |
| Jun 30, 2025 | 5.01 Mn |
| Mar 31, 2025 | 11.58 Mn |
| Sep 30, 2024 | 1.17 Mn |
| Jun 30, 2024 | 7.91 Mn |
| Mar 31, 2024 | 4.08 Mn |
| Sep 30, 2023 | 978,000.00 |
| Jun 30, 2023 | -683,000.00 |
Largo Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=LGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "LGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=LGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();