Largo (LGO) Return on Assets [ROA] (2021 - 2026)
Largo's Return on Assets [ROA] was -24.74% in the quarter ended Jun 30, 2026, up 5.47 percentage points from -30.21% a year earlier but down 3.58 percentage points from the prior quarter.
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Analysis
Largo (LGO) Return on Assets [ROA] (2021 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Return on Assets [ROA] at Largo came in at -21.57%, down 7.13 percentage points from the prior year.
- Return on Assets [ROA] has now declined for four consecutive years, with a four-year change of -28.95 percentage points (years ended Dec 2021 to Dec 2025).
- In earlier years, Return on Assets [ROA] was -14.44% in the year ended Dec 31, 2024 (-9.45 pp), -4.99% in the year ended Dec 31, 2023 (-6.30 pp), 1.31% in the year ended Dec 31, 2022 (-6.07 pp) and 7.38% in the year ended Dec 31, 2021.
- Quarterly Return on Assets [ROA] has moved between -42.69% (the quarter ended Sep 30, 2025) and 13.36% (the quarter ended Mar 31, 2022) over five years.
- Compared with a year earlier, Return on Assets [ROA] was higher in three of the last eight quarters, with an average year-over-year change of -15.46 percentage points.
- The best year-over-year quarter for Return on Assets [ROA] over five years was the quarter ended Mar 31, 2022 (a gain of 33.12 percentage points); the worst was the quarter ended Sep 30, 2025 (a drop of 50.81 percentage points).
- Per Business Quant data, LGO's Return on Assets [ROA] in the three quarters before the quarter ended Jun 30, 2026 was -21.15% (quarter ended Mar 31, 2026), -21.45% (quarter ended Dec 31, 2025) and -42.69% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 146.58 Bn | 121.31 Bn | 3.10 Bn | 25.64% |
| 3 | Rio Tinto | 139.72 Bn | 100.54 Bn | - | - |
| 4 | Newmont | 131.85 Bn | 96.99 Bn | 4.22 Bn | 16.30% |
| 5 | Ternium | 99.99 Bn | 68.24 Bn | 1.04 Bn | 5.53% |
| 6 | Agnico Eagle Mines | 99.76 Bn | 86.70 Bn | 2.15 Bn | 16.05% |
| 7 | Freeport-Mcmoran | 90.01 Bn | 74.05 Bn | 2.19 Bn | 7.74% |
| 8 | Barrick Mining | 72.16 Bn | 47.36 Bn | 2.90 Bn | 18.09% |
| 9 | Nucor | 57.01 Bn | 46.39 Bn | 2.03 Bn | 8.97% |
| 10 | Largo | 24.10 Mn | -9.77 Mn | - | -25.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -25.40% |
| Mar 31, 2026 | -21.84% |
| Dec 31, 2025 | -21.45% |
| Sep 30, 2025 | -43.30% |
| Jun 30, 2025 | -30.81% |
| Mar 31, 2025 | -36.02% |
| Dec 31, 2024 | -29.02% |
| Sep 30, 2024 | -0.51% |
| Jun 30, 2024 | 2.85% |
| Mar 31, 2024 | 4.97% |
| Dec 31, 2023 | 0.91% |
| Sep 30, 2023 | 0.29% |
| Jun 30, 2023 | -3.95% |
| Mar 31, 2023 | 2.33% |
| Dec 31, 2022 | 1.96% |
| Sep 30, 2022 | 6.60% |
| Jun 30, 2022 | 8.45% |
| Mar 31, 2022 | 6.15% |
| Dec 31, 2021 | 3.63% |
| Sep 30, 2021 | 4.16% |
API Access
Largo Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=LGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=LGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();