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| Date | Value |
|---|---|
| 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% |