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| Date | Value |
|---|---|
| Jun 30, 2024 | -6,124.38% |
| Jun 30, 2023 | -85,531.71% |
| Mar 31, 2022 | 167.83% |
| Dec 31, 2021 | 175.00% |