Largo (LGO) FCF Margin (2020 - 2026)
Largo's FCF Margin came in at -15.45% for the quarter ended Jun 30, 2026, down 41.36 percentage points from 25.90% a year earlier but up 20.70 percentage points from the prior quarter.
Largo (LGO) FCF Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Largo reported FCF Margin of -22.14%, down 25.46 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -34.27%, down 9.40 percentage points from the prior year.
- FCF Margin carries a five-year change of +30.41 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, FCF Margin was -24.87% in the year ended Dec 31, 2024 (-8.59 pp), -16.28% in the year ended Dec 31, 2023 (+0.61 pp), -16.90% in the year ended Dec 31, 2022 (-23.14 pp) and 6.24% in the year ended Dec 31, 2021 (+70.93 pp).
- The five-year range for quarterly FCF Margin is -56.24% (the quarter ended Dec 31, 2025) to 38.01% (the quarter ended Dec 31, 2021).
- Year-over-year, FCF Margin has declined for three consecutive quarters, with an average year-over-year change of -13.99 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in the quarter ended Sep 30, 2021 (a gain of 262.65 percentage points), and the weakest in the quarter ended Dec 31, 2025 (a drop of 88.16 percentage points).
- Business Quant data shows LGO's FCF Margin at -36.15% (quarter ended Mar 31, 2026), -56.24% (quarter ended Dec 31, 2025) and 3.46% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 36.51% |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 36.04% |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 15.83% |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 13.43% |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 54.67% |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 7.97% |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 12.31% |
| 10 | Largo | 33.92 Mn | 7.00 Mn | - | -15.45% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -15.45% |
| Mar 31, 2026 | -36.15% |
| Dec 31, 2025 | -56.24% |
| Sep 30, 2025 | 3.46% |
| Jun 30, 2025 | 25.90% |
| Mar 31, 2025 | -19.88% |
| Dec 31, 2024 | 31.92% |
| Sep 30, 2024 | -17.69% |
| Jun 30, 2024 | -21.44% |
| Mar 31, 2024 | 35.14% |
| Dec 31, 2023 | 11.21% |
| Sep 30, 2023 | -17.41% |
| Jun 30, 2023 | 34.00% |
| Mar 31, 2023 | 8.63% |
| Dec 31, 2022 | -11.43% |
| Sep 30, 2022 | 18.50% |
| Jun 30, 2022 | 3.42% |
| Dec 31, 2021 | 38.01% |
| Sep 30, 2021 | 28.80% |
| Jun 30, 2021 | 35.23% |
Largo FCF Margin 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=fcf-margin&ticker=LGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=LGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();