Largo (LGO) Invested Capital (2020 - 2026)
Largo (LGO) recorded Invested Capital of $253.65 million in the quarter ended Jun 30, 2026, up 38.5% from $183.09 million a year earlier but down 3.9% from the prior quarter.
Largo (LGO) Invested Capital (2020 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Largo reported Invested Capital of $243.6 million, down 7.6% from the prior year.
- Annual Invested Capital has a five-year compound annual growth rate of -2.2% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Invested Capital came in at $263.51 million in the year ended Dec 31, 2024 (-20.5%), $331.4 million in the year ended Dec 31, 2023 (+5.2%), $315.14 million in the year ended Dec 31, 2022 (+12.0%) and $281.26 million in the year ended Dec 31, 2021 (+3.4%).
- Quarterly Invested Capital has ranged from $146.29 million in the quarter ended Sep 30, 2025 to $333.47 million in the quarter ended Mar 31, 2023 over the past five years.
- On a year-over-year basis, Invested Capital rose in two of the last eight quarters, with an average decline of 10.3%.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 43.4% in the quarter ended Mar 31, 2026, against a decline of 45.3% in the quarter ended Sep 30, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $263.93 million (quarter ended Mar 31, 2026), $243.6 million (quarter ended Dec 31, 2025) and $146.29 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | 71.30 Bn |
| 2 | Southern Copper | 166.32 Bn | 145.19 Bn | 2.90 Bn | 20.70 Bn |
| 3 | Newmont | 120.84 Bn | 89.01 Bn | 4.03 Bn | 40.50 Bn |
| 4 | Ternium | 110.94 Bn | 75.99 Bn | 941.02 Mn | 24.55 Bn |
| 5 | Freeport-Mcmoran | 99.52 Bn | 95.67 Bn | 2.19 Bn | 41.61 Bn |
| 6 | Agnico Eagle Mines | 90.25 Bn | 90.25 Bn | 2.43 Bn | 28.80 Bn |
| 7 | Barrick Mining | 67.10 Bn | 51.84 Bn | 2.90 Bn | 36.87 Bn |
| 8 | Nucor | 53.52 Bn | 44.06 Bn | 2.03 Bn | 30.37 Bn |
| 9 | ArcelorMittal | 49.13 Bn | 30.16 Bn | - | 80.28 Bn |
| 10 | Largo | 32.56 Mn | 5.64 Mn | - | 253.65 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 253.65 Mn |
| Mar 31, 2026 | 263.93 Mn |
| Dec 31, 2025 | 243.60 Mn |
| Sep 30, 2025 | 146.29 Mn |
| Jun 30, 2025 | 183.09 Mn |
| Mar 31, 2025 | 184.09 Mn |
| Dec 31, 2024 | 263.51 Mn |
| Sep 30, 2024 | 267.37 Mn |
| Jun 30, 2024 | 277.72 Mn |
| Mar 31, 2024 | 309.25 Mn |
| Dec 31, 2023 | 331.40 Mn |
| Sep 30, 2023 | 320.46 Mn |
| Jun 30, 2023 | 329.15 Mn |
| Mar 31, 2023 | 333.47 Mn |
| Dec 31, 2022 | 315.14 Mn |
| Sep 30, 2022 | 298.80 Mn |
| Jun 30, 2022 | 305.99 Mn |
| Mar 31, 2022 | 307.07 Mn |
| Dec 31, 2021 | 281.26 Mn |
| Sep 30, 2021 | 283.40 Mn |
Largo Invested Capital 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=invested-capital&ticker=LGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=LGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();