Largo (LGO) Depreciation and Depletion (2020 - 2026)
Largo (LGO) posted quarterly Depreciation and Depletion of $7.1 million for Q1 2026, up 25.53% year-over-year from $5.7 million in Q1 2025, and up 6.49% quarter-over-quarter from $6.7 million in Q4 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 for Q1 2026 stood at $7.1 million, up from $6.7 million in the prior quarter.
- The five-year high for Depreciation and Depletion was $8.7 million in Q1 2024, with the low at $4.3 million in Q2 2025.
- The 5-year median for Depreciation and Depletion is $6.7 million (2025), against an average of $6.5 million.
- The sharpest annual moves came in 2022 and 2023: Depreciation and Depletion plunged 40.27% in 2022, then surged 70.32% in 2023.
- Largo's Depreciation and Depletion stood at $6.7 million in 2022, then grew by 19.61% to $8.0 million in 2023, then climbed by 2.0% to $8.2 million in 2024, then slipped by 18.35% to $6.7 million in 2025, then advanced by 6.49% to $7.1 million in 2026.
- Business Quant data shows LGO's Depreciation and Depletion at $7.1 million in Q1 2026, $6.7 million in Q4 2025, and $5.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 246.38 Bn | 216.93 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.91 Bn | 28.71 Bn | 1.21 Bn | -12.29 Mn |
| 4 | MP Materials | 10.71 Bn | 8.24 Bn | 36.20 Mn | - |
| 5 | Almonty Industries | 5.27 Bn | 4.38 Bn | 18.87 Mn | - |
| 6 | Materion | 4.79 Bn | 4.77 Bn | 104.34 Mn | - |
| 7 | USA Rare Earth | 4.43 Bn | 4.43 Bn | -1.58 Mn | - |
| 8 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 185,068.87 |
| 9 | Evolution Metals & Technologies | 2.46 Bn | 2.46 Bn | -115,000.00 | - |
| 10 | Largo | 77,565.36 | -10.02 Mn | 44.00 Mn | 6.38 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 |