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
DateValue
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