Largo (LGO) EBITDA Margin (2020 - 2026)

Largo (LGO) recorded quarterly EBITDA Margin of 29.38% in Q1 2026, up 190.07% quarter-over-quarter from 32.62% in Q4 2025, and up 2583.0% on a YoY basis from 1.09% in Q1 2025.

Largo (LGO) EBITDA Margin (2020 - 2026) Analysis & Trends

Largo's EBITDA Margin history runs 7 years deep, the most recent figure standing at 29.38% for Q1 2026.

  • In Q1 2026, EBITDA Margin rose 2583.0% year-over-year to 29.38%; the TTM figure through Mar 2026 stood at 6.56% (up 379.0% YoY), while the FY2025 annual figure was 35.07%, down 3507.0% from the prior year.
  • EBITDA Margin was 29.38% for Q1 2026 at Largo, up from 32.62% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 57.76% in Q1 2022 to a low of 32.62% in Q4 2025.
  • Historically, EBITDA Margin has averaged 9.34% across 5 years, with a median of 3.55% in 2025.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin surged 3921 bps in 2022, then slumped 5136 bps in 2023.
  • A 5-year view of EBITDA Margin shows it stood at 7.75% in 2022, then surged by 100 bps to 0.0% in 2023, then jumped by 476383 bps to 8.55% in 2024, then slumped by 481 bps to 32.62% in 2025, then soared by 190 bps to 29.38% in 2026.
  • The last three EBITDA Margin figures came in at 29.38% (Q1 2026), 32.62% (Q4 2025), and 19.07% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (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 -24.20%
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 5.12%
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 88.21%
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 10.99%
10 Largo 77,111.03 -8.46 Mn - 29.38%

Historic Data

Download Data
DateValue
Mar 31, 2026 29.38%
Dec 31, 2025 -32.62%
Sep 30, 2025 19.07%
Jun 30, 2025 0.00%
Mar 31, 2025 3.55%
Dec 31, 2024 8.55%
Sep 30, 2024 0.00%
Jun 30, 2024 0.00%
Mar 31, 2024 44.30%
Dec 31, 2023 0.00%
Sep 30, 2023 0.00%
Jun 30, 2023 11.30%
Mar 31, 2023 6.40%
Dec 31, 2022 -7.75%
Sep 30, 2022 17.15%
Jun 30, 2022 1.60%
Mar 31, 2022 57.76%
Dec 31, 2021 0.08%
Sep 30, 2021 6.08%
Jun 30, 2021 48.24%