Largo (LGO) Net Margin (2020 - 2026)
Largo (LGO) recorded quarterly Net Margin of 22.85% in Q1 2026, up 104.25% quarter-over-quarter from 537.64% in Q4 2025, and down 903.0% on a YoY basis from 2.85% in Q1 2025.
Largo (LGO) Net Margin (2020 - 2026) Analysis & Trends
Largo's Net Margin history runs 7 years deep, the most recent figure standing at 22.85% for Q1 2026.
- In Q1 2026, Net Margin fell 903.0% year-over-year to 22.85%; the TTM figure through Mar 2026 stood at 65.23% (down 1407.0% YoY), while the FY2025 annual figure was 62.34%, down 2246.0% from the prior year.
- Net Margin was 22.85% for Q1 2026 at Largo, up from 537.64% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 109.89% in Q3 2025 to a low of 537.64% in Q4 2025.
- Historically, Net Margin has averaged 30.56% across 5 years, with a median of 21.39% in 2022.
- Biggest YoY gain for Net Margin was 9715 bps in 2024; the steepest drop was 44617 bps in 2024.
- A 5-year view of Net Margin shows it stood at 20.16% in 2022, then jumped by 141 bps to 8.25% in 2023, then tumbled by 5410 bps to 437.92% in 2024, then slipped by 23 bps to 537.64% in 2025, then soared by 104 bps to 22.85% in 2026.
- The last three Net Margin figures came in at 22.85% (Q1 2026), 537.64% (Q4 2025), and 109.89% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | -8.79% |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 3.52% |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 36.41% |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | -97.60% |
| 10 | Largo | 77,111.03 | -8.46 Mn | - | 22.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.85% |
| Dec 31, 2025 | -537.64% |
| Sep 30, 2025 | 109.89% |
| Jun 30, 2025 | 21.72% |
| Mar 31, 2025 | 31.88% |
| Dec 31, 2024 | -437.92% |
| Sep 30, 2024 | 32.31% |
| Jun 30, 2024 | 108.00% |
| Mar 31, 2024 | 44.21% |
| Dec 31, 2023 | 8.25% |
| Sep 30, 2023 | 42.15% |
| Jun 30, 2023 | 10.85% |
| Mar 31, 2023 | 6.34% |
| Dec 31, 2022 | -20.16% |
| Sep 30, 2022 | 16.31% |
| Jun 30, 2022 | 21.39% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 0.10% |
| Sep 30, 2021 | 17.07% |
| Jun 30, 2021 | 48.24% |