Largo (LGO) Invested Capital (2020 - 2025)
Largo (LGO) recorded quarterly Invested Capital of $237.4 million in Q4 2025, down 42.62% quarter-over-quarter from $413.8 million in Q3 2025, and down 7.65% on a YoY basis from $257.1 million in Q4 2024.
Largo (LGO) Invested Capital (2020 - 2025) Analysis & Trends
Largo's Invested Capital history runs 5 years deep, the most recent figure standing at $237.4 million for Q4 2025.
- In Q4 2025, Invested Capital fell 7.65% year-over-year to $237.4 million; the TTM figure through Dec 2025 stood at $237.4 million (down 7.65% YoY), while the FY2025 annual figure was $237.4 million, down 7.65% from the prior year.
- Invested Capital was $237.4 million for Q4 2025 at Largo, down from $413.8 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $472.0 million in Q4 2023 to a low of $8.5 million in Q1 2023.
- Historically, Invested Capital has averaged $293.2 million across 4 years, with a median of $362.2 million in 2022.
- Biggest YoY gain for Invested Capital was 4577.28% in 2024; the steepest drop was 45.53% in 2024.
- A 4-year view of Invested Capital shows it stood at $362.9 million in 2022, then soared by 30.06% to $472.0 million in 2023, then plunged by 45.53% to $257.1 million in 2024, then fell by 7.65% to $237.4 million in 2025.
- The last three Invested Capital figures came in at $237.4 million (Q4 2025), $413.8 million (Q3 2025), and $396.3 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | 318.79 Mn |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | 24.59 Bn |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | 131.49 Mn |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | 1.23 Bn |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 2.97 Bn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | 111.55 Mn |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 1.45 Bn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 120.59 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 | 237.42 Mn |
| Sep 30, 2025 | 413.78 Mn |
| Jun 30, 2025 | 396.28 Mn |
| Dec 31, 2024 | 257.10 Mn |
| Sep 30, 2024 | 374.61 Mn |
| Jun 30, 2024 | 361.41 Mn |
| Mar 31, 2024 | 395.51 Mn |
| Dec 31, 2023 | 471.96 Mn |
| Sep 30, 2023 | 375.93 Mn |
| Jun 30, 2023 | 173.55 Mn |
| Mar 31, 2023 | 8.46 Mn |
| Dec 31, 2022 | 362.89 Mn |
| Sep 30, 2022 | 136.89 Mn |
| Jun 30, 2022 | 138.94 Mn |
| Dec 31, 2020 | 130.50 Mn |