Largo (LGO) Depreciation and Depletion (2020 - 2026)
Largo (LGO) recorded Depreciation and Depletion of $6.38 million in the quarter ended Jun 30, 2026, up 48.2% from $4.31 million a year earlier but down 10.6% from the prior quarter.
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Analysis
Largo (LGO) Depreciation and Depletion (2020 - 2026) Analysis & Trends
On a TTM basis, Largo's Depreciation and Depletion came in at $25.52 million as of Jun 30, 2026, up 7.3% year-over-year; for the year ended Dec 31, 2025, it was $22 million, down 23.3% from the prior year.
- Annual Depreciation and Depletion has a five-year compound annual growth rate of 4.7% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Depreciation and Depletion came in at $28.68 million in the year ended Dec 31, 2024 (-2.0%), $29.25 million in the year ended Dec 31, 2023 (+25.7%), $23.28 million in the year ended Dec 31, 2022 (+3.4%) and $22.51 million in the year ended Dec 31, 2021 (+28.6%).
- Quarterly Depreciation and Depletion has ranged from $4.31 million in the quarter ended Jun 30, 2025 to $8.72 million in the quarter ended Mar 31, 2024 over the past five years.
- On a year-over-year basis, Depreciation and Depletion rose in three of the last eight quarters, with an average decline of 3.8%.
- Peak year-over-year performance for Depreciation and Depletion in the last five years was growth of 70.3% in the quarter ended Mar 31, 2023, against a decline of 34.9% in the quarter ended Mar 31, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $7.13 million (quarter ended Mar 31, 2026), $6.7 million (quarter ended Dec 31, 2025) and $5.31 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (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 | 555.00 Mn |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 320.00 Mn |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | - |
| 10 | Largo | 31.88 Mn | 4.96 Mn | - | 6.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.38 Mn |
| Mar 31, 2026 | 7.13 Mn |
| Dec 31, 2025 | 6.70 Mn |
| Sep 30, 2025 | 5.31 Mn |
| Jun 30, 2025 | 4.31 Mn |
| Mar 31, 2025 | 5.68 Mn |
| Dec 31, 2024 | 8.21 Mn |
| Sep 30, 2024 | 5.58 Mn |
| Jun 30, 2024 | 6.17 Mn |
| Mar 31, 2024 | 8.72 Mn |
| Dec 31, 2023 | 8.04 Mn |
| Sep 30, 2023 | 6.81 Mn |
| Jun 30, 2023 | 7.01 Mn |
| Mar 31, 2023 | 8.04 Mn |
| Dec 31, 2022 | 6.73 Mn |
| Sep 30, 2022 | 5.86 Mn |
| Jun 30, 2022 | 5.97 Mn |
| Mar 31, 2022 | 4.72 Mn |
| Dec 31, 2021 | 5.89 Mn |
| Sep 30, 2021 | 5.08 Mn |
API Access
Largo Depreciation and Depletion 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=depreciation-and-depletion&ticker=LGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=LGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();