Largo (LGO) Tax Rate (2020 - 2026)
Largo (LGO) posted quarterly Tax Rate of 0.94% for Q1 2026, down 52.0% year-over-year from 1.96% in Q1 2025, and up 99.63% quarter-over-quarter from 250.78% in Q3 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 fell 52.0% year-over-year to 0.94%; the TTM figure through Mar 2026 stood at 37.51% (up 4421.0% YoY), while the FY2023 annual figure was 0.54%, up 19088.0% from the prior year.
- Tax Rate for Q1 2026 stood at 0.94%, up from 250.78% in the prior quarter.
- The five-year high for Tax Rate was 21.87% in Q2 2025, with the low at 250.78% in Q3 2025.
- The 5-year median for Tax Rate is 0.94% (2026), against an average of 23.51%.
- The sharpest annual moves came in 2023 and 2025: Tax Rate jumped 6662 bps in 2023, then plunged 26646 bps in 2025.
- Largo's Tax Rate stood at 7.76% in 2022, then plunged by 500 bps to 46.57% in 2023, then jumped by 134 bps to 15.68% in 2024, then sank by 1699 bps to 250.78% in 2025, then surged by 100 bps to 0.94% in 2026.
- Business Quant data shows LGO's Tax Rate at 0.94% in Q1 2026, 250.78% in Q3 2025, and 21.87% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 246.38 Bn | 216.93 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.91 Bn | 28.71 Bn | 1.21 Bn | -39.41% |
| 4 | MP Materials | 10.71 Bn | 8.24 Bn | 36.20 Mn | 30.81% |
| 5 | Almonty Industries | 5.27 Bn | 4.38 Bn | 18.87 Mn | 3.32% |
| 6 | Materion | 4.79 Bn | 4.77 Bn | 104.34 Mn | 12.91% |
| 7 | USA Rare Earth | 4.43 Bn | 4.43 Bn | -1.58 Mn | 4.11% |
| 8 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | - |
| 9 | Evolution Metals & Technologies | 2.46 Bn | 2.46 Bn | -115,000.00 | 0.43% |
| 10 | Largo | 77,565.36 | -10.02 Mn | 44.00 Mn | 0.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.94% |
| Mar 31, 2026 | -0.94% |
| Mar 31, 2026 | -0.94% |
| Sep 30, 2025 | -250.78% |
| Sep 30, 2025 | -250.78% |
| Sep 30, 2025 | -250.78% |
| Jun 30, 2025 | 21.87% |
| Jun 30, 2025 | 21.87% |
| Jun 30, 2025 | 21.87% |
| Mar 31, 2025 | -0.42% |
| Mar 31, 2025 | -0.42% |
| Mar 31, 2025 | -0.42% |
| Sep 30, 2024 | 15.68% |
| Sep 30, 2024 | 15.68% |
| Sep 30, 2024 | 15.68% |
| Jun 30, 2024 | 20.00% |
| Jun 30, 2024 | 20.00% |
| Jun 30, 2024 | 20.00% |
| Mar 31, 2024 | -0.12% |
| Mar 31, 2024 | -0.12% |