Lifezone Metals (LZM) Invested Capital (2022 - 2025)

Lifezone Metals (LZM) reported Invested Capital of $73.8 million for Q4 2025, down 17.66% on a YoY basis from $89.7 million in Q4 2024, and down 28.11% quarter-over-quarter from $102.7 million in Q2 2025.

Lifezone Metals (LZM) Invested Capital (2022 - 2025) Analysis & Trends

Lifezone Metals has reported Invested Capital for 4 years, with the latest figure at $73.8 million in Q4 2025.

  • For the quarter ending Q4 2025, Invested Capital fell 17.66% year-over-year to $73.8 million; the trailing twelve-month figure through Dec 2025 stood at $73.8 million (down 17.66% YoY), and the FY2025 full-year result was $73.8 million, down 17.66% from the prior year.
  • Invested Capital for Q4 2025 stood at $73.8 million, down from $102.7 million in the prior quarter.
  • The five-year high for Invested Capital was $118.9 million in Q2 2024, with the low at -$10.5 million in Q2 2023.
  • Historically, Invested Capital has averaged $79.6 million across 4 years, with a median of $89.7 million in 2024.
  • The largest YoY upside for Invested Capital was 1233.94% in 2024 against a maximum downside of 24.02% in 2024.
  • Lifezone Metals' Invested Capital stood at $64.8 million in 2022, then surged by 82.22% to $118.0 million in 2023, then retreated by 24.02% to $89.7 million in 2024, then slipped by 17.66% to $73.8 million in 2025.
  • The last three Invested Capital figures came in at $73.8 million (Q4 2025), $102.7 million (Q2 2025), and $89.7 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 318.79 Mn
2 Bhp 421.29 Bn 411.77 Bn - 24.59 Bn
3 Skeena Resources 17.36 Bn 17.34 Bn - 131.49 Mn
4 Ioneer 10.78 Bn 10.76 Bn - 1.23 Bn
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 2.97 Bn
6 Iperionx 8.57 Bn 8.52 Bn - 111.55 Mn
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 1.45 Bn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 120.59 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -
10 Lifezone Metals 35,950.20 -20.11 Mn - 73.83 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 73.83 Mn
Jun 30, 2025 102.69 Mn
Dec 31, 2024 89.67 Mn
Jun 30, 2024 118.93 Mn
Dec 31, 2023 118.01 Mn
Jun 30, 2023 -10.49 Mn
Dec 31, 2022 64.76 Mn