Largo (LGO) Depreciation and Depletion (2020 - 2026)
Largo (LGO) recorded quarterly Depreciation and Depletion of $7.1 million in Q1 2026, up 6.49% quarter-over-quarter from $6.7 million in Q4 2025, and up 25.53% on a YoY basis from $5.7 million in Q1 2025.
Largo (LGO) Depreciation and Depletion (2020 - 2026) Analysis & Trends
Largo's Depreciation and Depletion history runs 7 years deep, the most recent figure standing at $7.1 million for Q1 2026.
- In Q1 2026, Depreciation and Depletion rose 25.53% year-over-year to $7.1 million; the TTM figure through Mar 2026 stood at $23.4 million (down 8.54% YoY), while the FY2025 annual figure was $22.0 million, down 23.3% from the prior year.
- Depreciation and Depletion was $7.1 million for Q1 2026 at Largo, up from $6.7 million in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $8.7 million in Q1 2024 to a low of $4.3 million in Q2 2025.
- Historically, Depreciation and Depletion has averaged $6.5 million across 5 years, with a median of $6.7 million in 2025.
- The sharpest annual moves came in 2023 and 2025: Depreciation and Depletion soared 70.32% in 2023, then plunged 34.86% in 2025.
- A 5-year view of Depreciation and Depletion shows it stood at $6.7 million in 2022, then increased by 19.61% to $8.0 million in 2023, then grew by 2.0% to $8.2 million in 2024, then dropped by 18.35% to $6.7 million in 2025, then climbed by 6.49% to $7.1 million in 2026.
- The last three Depreciation and Depletion figures came in at $7.1 million (Q1 2026), $6.7 million (Q4 2025), and $5.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (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 | 2.19 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | - |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 2.60 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | - |
| 10 | Largo | 77,111.03 | -8.46 Mn | - | 7.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.13 Mn |
| Mar 31, 2026 | 7.13 Mn |
| Dec 31, 2025 | 6.70 Mn |
| Dec 31, 2025 | 6.70 Mn |
| Sep 30, 2025 | 5.31 Mn |
| Sep 30, 2025 | 5.31 Mn |
| Jun 30, 2025 | 4.31 Mn |
| Jun 30, 2025 | 4.31 Mn |
| Mar 31, 2025 | 5.68 Mn |
| Mar 31, 2025 | 5.68 Mn |
| Dec 31, 2024 | 8.21 Mn |
| Dec 31, 2024 | 8.21 Mn |
| Sep 30, 2024 | 5.58 Mn |
| Sep 30, 2024 | 5.58 Mn |
| Jun 30, 2024 | 6.17 Mn |
| Jun 30, 2024 | 6.17 Mn |
| Mar 31, 2024 | 8.72 Mn |
| Mar 31, 2024 | 8.72 Mn |
| Dec 31, 2023 | 8.04 Mn |
| Dec 31, 2023 | 8.04 Mn |