Largo (LGO) Tax Rate (2020 - 2026)

Largo (LGO) recorded quarterly Tax Rate of 0.94% in Q1 2026, up 122.42% quarter-over-quarter from 0.42% in Q3 2025, and up 136.0% on a YoY basis from 0.4% in Q1 2025.

Largo (LGO) Tax Rate (2020 - 2026) Analysis & Trends

Largo's Tax Rate history runs 7 years deep, the most recent figure standing at 0.94% for Q1 2026.

  • In Q1 2026, Tax Rate rose 136.0% year-over-year to 0.94%; the TTM figure through Mar 2026 stood at 0.03% (down 382.0% YoY), while the FY2023 annual figure was 0.25%, down 19009.0% from the prior year.
  • Tax Rate was 0.94% for Q1 2026 at Largo, up from 0.42% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 73.96% in Q1 2022 to a low of 66.68% in Q3 2022.
  • Historically, Tax Rate has averaged 1.66% across 5 years, with a median of 0.07% in 2023.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate surged 62666 bps in 2022, then slumped 12053 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 7.76% in 2022, then soared by 700 bps to 46.57% in 2023, then sank by 100 bps to 0.22% in 2024, then jumped by 294 bps to 0.42% in 2025, then jumped by 122 bps to 0.94% in 2026.
  • The last three Tax Rate figures came in at 0.94% (Q1 2026), 0.42% (Q3 2025), and 0.25% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (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 41.59%
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 7.33%
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn -
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -15.99%
10 Largo 77,111.03 -8.46 Mn - 0.94%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.94%
Mar 31, 2026 0.94%
Sep 30, 2025 0.42%
Sep 30, 2025 0.42%
Jun 30, 2025 -0.25%
Jun 30, 2025 -0.25%
Mar 31, 2025 -0.42%
Mar 31, 2025 -0.42%
Sep 30, 2024 -0.22%
Sep 30, 2024 -0.22%
Jun 30, 2024 -13.31%
Jun 30, 2024 -13.31%
Mar 31, 2024 0.12%
Mar 31, 2024 0.12%
Dec 31, 2023 46.57%
Dec 31, 2023 46.57%
Sep 30, 2023 0.07%
Sep 30, 2023 0.07%
Jun 30, 2023 6.35%
Jun 30, 2023 6.35%