Largo (LGO) Return on Equity [ROE] (2021 - 2026)
Largo (LGO) posted Return on Equity [ROE] of -57.87% for the quarter ended Jun 30, 2026, up 1.24 percentage points from -59.11% a year earlier but down 9.88 percentage points from the prior quarter.
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Analysis
Largo (LGO) Return on Equity [ROE] (2021 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Largo's Return on Equity [ROE] came in at -44.67%, down 20.99 percentage points from the prior year.
- Annual Return on Equity [ROE] has declined for four consecutive years, with a four-year change of -53.47 percentage points (years ended Dec 2021 to Dec 2025).
- In prior years, Largo's Return on Equity [ROE] was -23.68% in the year ended Dec 31, 2024 (-16.75 pp), -6.94% in the year ended Dec 31, 2023 (-8.56 pp), 1.62% in the year ended Dec 31, 2022 (-7.18 pp) and 8.80% in the year ended Dec 31, 2021.
- Quarterly Return on Equity [ROE] has run from a low of -92.58% in the quarter ended Sep 30, 2025 to a high of 17.70% in the quarter ended Jun 30, 2024 over five years.
- On a year-over-year basis, Return on Equity [ROE] increased in two of the last eight quarters, with an average year-over-year change of -33.77 percentage points.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was the quarter ended Mar 31, 2022, with a gain of 38.43 percentage points; the weakest was the quarter ended Sep 30, 2025, with a drop of 106.18 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was -47.99% (quarter ended Mar 31, 2026), -50.39% (quarter ended Dec 31, 2025) and -92.58% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 46.23% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 24.87% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 4.44% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 14.40% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 21.41% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 34.97% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 14.21% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 3.26% |
| 10 | Largo | 33.24 Mn | 6.32 Mn | - | -57.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -57.87% |
| Mar 31, 2026 | -47.99% |
| Dec 31, 2025 | -50.39% |
| Sep 30, 2025 | -92.58% |
| Jun 30, 2025 | -59.11% |
| Mar 31, 2025 | -39.97% |
| Dec 31, 2024 | -27.25% |
| Sep 30, 2024 | 13.59% |
| Jun 30, 2024 | 17.70% |
| Mar 31, 2024 | 5.06% |
| Dec 31, 2023 | -0.98% |
| Sep 30, 2023 | -0.47% |
| Jun 30, 2023 | -3.94% |
| Mar 31, 2023 | -6.02% |
| Dec 31, 2022 | 1.57% |
| Sep 30, 2022 | 3.66% |
| Jun 30, 2022 | 5.75% |
| Mar 31, 2022 | 15.89% |
| Dec 31, 2021 | 4.59% |
| Sep 30, 2021 | 14.90% |
API Access
Largo Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=LGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=LGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();