Largo (LGO) Equity Average (2022 - 2025)

Largo (LGO) recorded quarterly Equity Average of $272.1 million in Q4 2025, down 32.83% quarter-over-quarter from $405.0 million in Q3 2025, and up 0.87% on a YoY basis from $269.7 million in Q4 2024.

Largo (LGO) Equity Average (2022 - 2025) Analysis & Trends

Largo's Equity Average history runs 4 years deep, the most recent figure standing at $272.1 million for Q4 2025.

  • In Q4 2025, Equity Average rose 0.87% year-over-year to $272.1 million; the TTM figure through Dec 2025 stood at $272.1 million (up 0.87% YoY), while the FY2025 annual figure was $147.6 million, down 47.46% from the prior year.
  • Equity Average was $272.1 million for Q4 2025 at Largo, down from $405.0 million in the prior quarter.
  • In the past five years, Equity Average ranged from a high of $405.0 million in Q3 2025 to a low of $91.0 million in Q2 2023.
  • Historically, Equity Average has averaged $281.3 million across 4 years, with a median of $273.4 million in 2023.
  • Biggest YoY gain for Equity Average was 315.88% in 2024; the steepest drop was 30.21% in 2024.
  • A 4-year view of Equity Average shows it stood at $229.9 million in 2022, then soared by 68.1% to $386.4 million in 2023, then sank by 30.21% to $269.7 million in 2024, then climbed by 0.87% to $272.1 million in 2025.
  • The last three Equity Average figures came in at $272.1 million (Q4 2025), $405.0 million (Q3 2025), and $269.7 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 353.70 Mn
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - 122.80 Mn
4 Ioneer 10.78 Bn 10.76 Bn - 230.26 Mn
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 1.97 Bn
6 Iperionx 8.57 Bn 8.52 Bn - 100.32 Mn
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 950.12 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn -
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -
10 Largo 77,111.03 -8.46 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 272.07 Mn
Sep 30, 2025 405.03 Mn
Dec 31, 2024 269.72 Mn
Sep 30, 2024 368.01 Mn
Jun 30, 2024 378.46 Mn
Mar 31, 2024 396.24 Mn
Dec 31, 2023 386.44 Mn
Sep 30, 2023 274.74 Mn
Jun 30, 2023 91.00 Mn
Mar 31, 2023 165.67 Mn
Dec 31, 2022 229.89 Mn
Sep 30, 2022 137.92 Mn