Saturday 17 October 2026
Export LAR’s income statement to Excel — free account
Lithium Americas (Argentina) Corp.
LAR Basic Materials Other Industrial Metals & Mining
In the quarter to June 2026, EPS grew 133.3% and free cash flow grew 17.9%, each against the same quarter a year earlier.
4.63
0.14
−2.94%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 0.40 | 1.15 | 1.11 | 1.11 | 0.77 | 4.77 | 7.42 | 5.07 | 2.07 | 1.71 |
Analyst estimates 2026–2028 Powerpack |
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| High | 1.75 | 4.41 | 4.18 | 1.97 | 6.83 | 16.73 | 16.26 | 10.85 | 6.50 | 5.86 | |||||
| People | |||||||||||||||
| People | Employees | 112 | 448 | 578 | 321 | 230 | 65 | 83 | 123 | 71 | 60 | ||||
| Revenue/emp, $m | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 1 | 4 | — | — | — | — | — | — | — | — | ||||
| Gross margin, % | (127.12) | (42.26) | (11.22) | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — | |||||
| EBT | (28) | (33) | (14) | 55 | (34) | (39) | (33) | 28 | (26) | (76) | |||||
| EBT margin, % | (2,402.43) | (775.06) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Net income | (28) | (33) | (28) | 52 | (36) | (38) | (33) | 18 | (15) | (77) | |||||
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 0 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 0.02 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| Earnings | (0.48) | (0.44) | (0.32) | 0.58 | (0.39) | (0.32) | (0.70) | 8.29 | (0.09) | (0.47) | |||||
| Cash flow | (0.19) | (0.17) | (0.21) | (0.20) | (0.34) | (0.45) | (0.49) | (0.38) | (0.14) | (0.18) | |||||
| Capex | (0.03) | (0.02) | (0.02) | (0.33) | (0.67) | 0.02 | (0.01) | (0.05) | (0.01) | 0.02 | |||||
| Free cash flow | (0.22) | (0.19) | (0.23) | (0.53) | (1.01) | (0.43) | (0.50) | (0.43) | (0.15) | (0.17) | |||||
| Book value | 0.73 | 1.43 | 0.93 | 1.79 | 2.08 | 4.51 | 5.86 | 5.34 | 5.52 | 5.04 | |||||
| Shares, m | 58 | 76 | 89 | 89 | 92 | 119 | 134 | 155 | 161 | 162 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | — | — | — | — | — | — | — | ||||
| P/S | 0.00 | 65.18 | 23.42 | — | — | — | — | — | — | — | |||||
| P/B | 1.64 | 2.57 | 1.38 | — | — | — | — | — | — | — | |||||
| EV/Sales | 0.00 | 52.29 | 18.52 | — | — | — | — | — | — | — | |||||
| EV/FCF | (4.76) | (15.36) | (4.37) | — | — | — | — | — | — | — | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (11) | (13) | (19) | (18) | (31) | (53) | (65) | (59) | (22) | (30) | ||||
| Capex | (2) | (2) | (2) | (30) | (62) | 2 | (1) | (8) | (2) | 3 | |||||
| Free cash flow | (13) | (15) | (21) | (47) | (93) | (51) | (67) | (67) | (23) | (27) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 9 | 57 | 44 | 78 | 146 | 524 | 336 | (81) | (123) | (196) | ||||
| Total debt | 1 | 1 | 18 | 115 | 125 | 265 | 208 | 3 | 2 | — | |||||
| Net debt | (8) | (55) | (24) | 31 | (23) | (266) | (145) | (120) | (83) | (61) | |||||
| Shareholders’ equity | 42 | 109 | 82 | 160 | 191 | 536 | 784 | 829 | 891 | 817 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (34.89) | (41.88) | (26.00) | 25.98 | (11.68) | (6.73) | (10.20) | 124.39 | (1.39) | (6.76) | ||||
| ROIC | (34.46) | (35.22) | (25.29) | (5.13) | (11.43) | (10.66) | (10.29) | (3.13) | (4.66) | (6.39) | |||||
| ROE | (36.67) | (43.98) | (29.59) | 42.72 | (20.69) | (10.59) | (14.17) | 159.75 | (1.77) | (8.84) | |||||
Negative figures in brackets.
Fiscal years to Dec 2017 · latest quarter Sep 2018
Charts ten years each
Lithium Americas (Argentina) Corp. vs peers in Other Industrial Metals & Mining (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| CRML Critical Metals Corp. | $1.0B | — (loss-making) | — | — | 0.00% | 0.00% | — | — | Compare |
| SGML Sigma Lithium Corporation | $989.5M | — (loss-making) | 18.7× | +223.90% (above 0%: growing) | n/m | +405.47% (above 0%: growing) | 59.98% | 13.84% | Compare |
| EMAT Evolution Metals & Technologies Corp. | $965.9M | — (loss-making) | — | — | n/m | −607.00% (below 0%: shrinking) | (7.03%) | (744.93%) | Compare |
| CMP Compass Minerals International, Inc. | $948.4M | 51.8× | 39.5× | +0.33% (above 0%: growing) | n/m | −179.91% (below 0%: shrinking) | 17.60% | 5.06% | Compare |
| LAC Lithium Americas Corp. | $810.5M | — (loss-making) | — | — | n/m | −26.94% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| LAR Lithium Americas (Argentina) Corp. | $769.9M | — (loss-making) | — (loss-making) | +7.75% (above 0%: growing) | n/m | +17.86% (above 0%: growing) | 0.00% | 0.00% | |
| GSM Ferroglobe PLC | $736.2M | — (loss-making) | — (loss-making) | −2.13% (below 0%: shrinking) | n/m | +135,746.67% (above 0%: growing) | 48.48% | 15.04% | Compare |
| ELVR Elevra Lithium Limited - Sponsored ADR | $542.1M | — | — | — | — | — | — | — | Compare |
| IPX IperionX Limited Sponsored ADR | $521.9M | — (loss-making) | — | — | n/m | −157.46% (below 0%: shrinking) | 0.00% | — | Compare |
| Median of peers | $879.4M | — | — | +0.33% | — | −26.94% | 8.80% | 5.06% |
Lithium Americas (Argentina) Corp. (LAR) key facts
- Lithium Americas (Argentina) Corp. (LAR) is an Other Industrial Metals & Mining company in the Basic Materials sector, listed on the New York Stock Exchange.
- As of October 16, 2026, LAR traded at $4.63, a market capitalization of $769.9 million.
- Return on equity was −8.84% and debt-to-equity 0.00.