Largo LGO
NASDAQ LGO
$0.47 -0.01 (-2.08%)
At close: Oct 2, 2026 · 4:00 PM EDT

Largo (LGO) Asset Writedowns and Impairment (2023 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

Largo Asset Writedowns and Impairment API

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