Largo (LGO) Equity Ratio (2020 - 2025)
Largo (LGO) recorded quarterly Equity Ratio of 0.41 in Q4 2025, down 68.15% quarter-over-quarter from 1.28 in Q3 2025, and down 20.93% on a YoY basis from 0.52 in Q4 2024.
Largo (LGO) Equity Ratio (2020 - 2025) Analysis & Trends
Largo's Equity Ratio history runs 5 years deep, the most recent figure standing at 0.41 for Q4 2025.
- In Q4 2025, Equity Ratio fell 20.93% year-over-year to 0.41; the TTM figure through Dec 2025 stood at 0.41 (down 20.93% YoY), while the FY2025 annual figure was 0.41, down 20.93% from the prior year.
- Equity Ratio was 0.41 for Q4 2025 at Largo, down from 1.28 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 1.28 in Q3 2025 to a low of 0.02 in Q1 2023.
- Historically, Equity Ratio has averaged 0.77 across 4 years, with a median of 0.96 in 2023.
- Biggest YoY gain for Equity Ratio was 4856.1% in 2024; the steepest drop was 50.28% in 2024.
- A 4-year view of Equity Ratio shows it stood at 0.91 in 2022, then grew by 14.61% to 1.04 in 2023, then slumped by 50.28% to 0.52 in 2024, then slipped by 20.93% to 0.41 in 2025.
- The last three Equity Ratio figures came in at 0.41 (Q4 2025), 1.28 (Q3 2025), and 1.16 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | 0.64 |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | 0.16 |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | 0.99 |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 0.51 |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | 0.84 |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 0.51 |
| 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| Date | Value |
|---|---|
| Dec 31, 2025 | 0.41 |
| Sep 30, 2025 | 1.28 |
| Jun 30, 2025 | 1.16 |
| Dec 31, 2024 | 0.52 |
| Sep 30, 2024 | 1.09 |
| Jun 30, 2024 | 1.07 |
| Mar 31, 2024 | 1.10 |
| Dec 31, 2023 | 1.04 |
| Sep 30, 2023 | 1.01 |
| Jun 30, 2023 | 0.44 |
| Mar 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.91 |
| Sep 30, 2022 | 0.39 |
| Jun 30, 2022 | 0.39 |
| Dec 31, 2020 | 0.35 |