Largo (LGO) Tax Rate (2020 - 2025)
Largo (LGO) recorded Tax Rate of 0.32% in the quarter ended Jun 30, 2026, up 0.07 percentage points from 0.25% a year earlier and up 1.26 percentage points from the prior quarter.
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Analysis
Largo (LGO) Tax Rate (2020 - 2025) Analysis & Trends
On a TTM basis, Largo's Tax Rate came in at 0.44% as of Jun 30, 2026, up 15.58 percentage points year-over-year; for the year ended Dec 31, 2025, it was -234.90%, down 61.69 percentage points from the prior year.
- Annual Tax Rate has a five-year change of -221.73 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Tax Rate came in at -173.21% in the year ended Dec 31, 2024 (-172.62 pp), -0.58% in the year ended Dec 31, 2023 (+189.76 pp), -190.34% in the year ended Dec 31, 2022 (-188.86 pp) and -1.48% in the year ended Dec 31, 2021 (+11.69 pp).
- Quarterly Tax Rate has ranged from -41.99% in the quarter ended Dec 31, 2023 to 341.66% in the quarter ended Jun 30, 2024 over the past five years.
- On a year-over-year basis, Tax Rate rose in three of the last six quarters, with an average year-over-year change of -57.06 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 336.74 percentage points in the quarter ended Jun 30, 2024, against a drop of 341.41 percentage points in the quarter ended Jun 30, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -0.94% (quarter ended Mar 31, 2026), 1.73% (quarter ended Dec 31, 2025) and 0.42% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 31.74% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 28.19% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 31.10% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | - |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 21.23% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | - |
| 10 | Largo | 33.24 Mn | 6.32 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 0.42% |
| Sep 30, 2023 | 0.63% |
| Jun 30, 2023 | 4.92% |
| Dec 31, 2020 | 4.68% |
API Access
Largo Tax Rate 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=tax-rate&ticker=LGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=LGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();