Largo (LGO) Operating Margin (2021 - 2024)

Largo (LGO) recorded quarterly Operating Margin of 6124.38% in Q2 2024, up 92.84% quarter-over-quarter from 85531.71% in Q2 2023, and up 7940733.0% on a YoY basis from N/an in Q3 2023.

Largo (LGO) Operating Margin (2021 - 2024) Analysis & Trends

Largo's Operating Margin history runs 4 years deep, the most recent figure standing at 6124.38% for Q2 2024.

  • In Q2 2024, Operating Margin rose 7940733.0% year-over-year to 6124.38%; the TTM figure through Jun 2024 stood at 29588.13% (changed N/A YoY), while the FY2021 annual figure was 167.08%, up 16065.0% from the prior year.
  • Operating Margin was 6124.38% for Q2 2024 at Largo, up from 85531.71% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 175.0% in Q4 2021 to a low of 85531.71% in Q2 2023.
  • Historically, Operating Margin has averaged 22828.32% across 4 years, with a median of 2978.28% in 2022.
  • Biggest YoY gain for Operating Margin was 7940733 bps in 2024; the steepest drop was 7940733 bps in 2024.
  • A 4-year view of Operating Margin shows it stood at 175.0% in 2021, then slipped by 4 bps to 167.83% in 2022, then tumbled by 51063 bps to 85531.71% in 2023, then surged by 93 bps to 6124.38% in 2024.
  • The last three Operating Margin figures came in at 6124.38% (Q2 2024), 85531.71% (Q2 2023), and 167.83% (Q1 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating 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 -26.61%
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 5.12%
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 88.21%
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -109.42%
10 Largo 77,111.03 -8.46 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2024 -6,124.38%
Jun 30, 2023 -85,531.71%
Mar 31, 2022 167.83%
Dec 31, 2021 175.00%