Lithium Argentina AG (LAR) Key Metrics
LAR valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $759.8M
- Enterprise value
- $756.3M
- P/E (TTM)
- —
- Forward P/E
- 26.5
- PEG ratio
- 0.42
- Price / sales
- 89.1
- Price / book
- 0.7 10-yr median 1.3
- EV / EBITDA
- 73.3
- Dividend yield
- —
- Beta
- 2.59
LAR key metrics, 2015–2025
Fiscal year ended December 31, 2025 · U.S. dollarsLAR valuation Price multiples at each fiscal year-end price.
Price / book+131.3%
1.2
2025 · hover or tap a bar for each year
20152025
Free cash flow yield+2.2 pts
−3.4%
2025 · hover or tap a bar for each year
20152025
LAR returns How much profit the business earns on the capital it uses.
Return on equity−7.6 pts
−9.5%
2025 · hover or tap a bar for each year
20152025
Return on invested capital−0.7 pts
−3.1%
2025 · hover or tap a bar for each year
20152025
Return on assets−5.4 pts
−6.8%
2025 · hover or tap a bar for each year
20152025
Asset turnover
0.00
2025 · hover or tap a bar for each year
20152025
LAR per-share figures Results divided by the shares outstanding at year-end.
Revenue per share
$0.00
2025 · hover or tap a bar for each year
20152025
Earnings per share
−$0.47
2025 · hover or tap a bar for each year
20152025
Free cash flow per share
−$0.19
2025 · hover or tap a bar for each year
20152025
Book value per share−7.9%
$4.73
2025 · hover or tap a bar for each year
20152025
Shares outstanding+0.5%
162.2M
2025 · hover or tap a bar for each year
20152025
LAR financial health Debt, liquidity and how easily interest is covered.
Debt / equity+19.8%
0.30
2025 · hover or tap a bar for each year
20152025
Net debt+$47.5M
$172.7M
2025 · hover or tap a bar for each year
20152025
Current ratio−38.3%
0.30
2025 · hover or tap a bar for each year
20152025
Interest coverage
-1.2
2025 · hover or tap a bar for each year
20152025
Debt / assets+14.3%
0.21
2025 · hover or tap a bar for each year
20152025
LAR efficiency & capital use Working capital cycle and where the cash goes.
Days payables outstanding+1,591 days
7,465 days
2025 · hover or tap a bar for each year
20152025
LAR valuation history
Fiscal year-endToday10-year median
LAR returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
LAR debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
LAR cash returned to shareholders
DividendsBuybacksFree cash flow
LAR price vs earnings per share
Share price at year-endEPS (right axis)
LAR key metrics
2015–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $904.9M | $422.7M | $1.02B | $1.02B | $1.39B | $464.0M | $117.1M | $113.1M | $271.9M | — |
| Enterprise value | $1.08B | $547.9M | $1.30B | $1.08B | $1.15B | $440.7M | $148.5M | $90.2M | $217.5M | — |
| P/E ratio | — | — | 0.8 | — | — | — | 2.3 | — | — | — |
| Price / sales | — | — | — | — | — | — | — | — | 63.4 | — |
| Price / book | 1.2 | 0.5 | 1.2 | 1.3 | 2.6 | 2.4 | 0.7 | 1.4 | 2.5 | — |
| EV / sales | — | — | — | — | — | — | — | — | 50.7 | — |
| EV / EBITDA | — | — | 25.0 | — | — | — | — | — | — | — |
| Earnings yield | −8.3% | −3.6% | 126.9% | −9.2% | −2.8% | −8.2% | 44.1% | −25.0% | −12.2% | — |
| Free cash flow yield | −3.4% | −5.6% | −6.6% | −6.2% | −4.0% | −20.0% | −40.6% | −18.2% | −5.4% | — |
| Dividend yield | — | — | 27.1% | — | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.0% | — | 27.1% | 0.0% | — | — | — | — | — | — |
| Share price at fiscal year-end | $5.58 | $2.62 | $6.32 | $7.63 | $11.72 | $5.05 | $1.28 | $1.28 | $3.58 | $0.52 |
| Per share | ||||||||||
| Revenue per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | — |
| Earnings per share | −$0.47 | −$0.09 | $8.02 | −$0.70 | −$0.32 | −$0.42 | $0.56 | −$0.32 | −$0.44 | — |
| Operating cash flow per share | −$0.19 | −$0.14 | −$0.37 | −$0.47 | −$0.45 | −$0.34 | −$0.19 | −$0.21 | −$0.17 | — |
| Free cash flow per share | −$0.19 | −$0.15 | −$0.42 | −$0.47 | −$0.46 | −$1.01 | −$0.52 | −$0.23 | −$0.19 | — |
| Cash per share | $0.38 | $0.53 | $0.76 | $2.63 | $4.30 | $1.61 | $0.91 | $0.47 | $0.73 | — |
| Book value per share | $4.73 | $5.13 | $5.16 | $5.86 | $4.51 | $2.08 | $1.74 | $0.93 | $1.43 | — |
| Tangible book value per share | $4.73 | $5.13 | $5.16 | $5.86 | $4.51 | $2.08 | $1.74 | $0.93 | $1.43 | — |
| Dividends per share | — | — | $1.72 | — | — | — | — | — | — | — |
| Capex per share | $0.00 | $0.01 | $0.05 | $0.00 | $0.02 | $0.67 | $0.33 | $0.02 | $0.02 | — |
| Debt per share | $1.44 | $1.31 | $2.51 | $3.08 | $2.23 | $1.36 | $1.25 | $0.21 | $0.01 | — |
| Shares outstanding | 162.2M | 161.3M | 160.6M | 133.7M | 118.8M | 91.8M | 91.8M | 88.6M | 76.0M | — |
| Change in shares outstanding | +0.5% | +0.4% | +20.1% | +12.5% | +29.4% | +0.1% | +3.6% | +16.6% | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −9.5% | −1.8% | 159.8% | −14.2% | −10.6% | −21.8% | 42.7% | −29.6% | −41.5% | −21.4% |
| Return on invested capital (ROIC) | −3.1% | −2.4% | −3.3% | −2.9% | −17.8% | −14.9% | −15.0% | −35.2% | −37.6% | −15.0% |
| Return on assets (ROA) | −6.8% | −1.4% | 124.4% | −10.2% | −6.7% | −12.3% | 26.0% | −26.0% | −38.8% | −19.0% |
| Return on tangible assets | −6.9% | −1.3% | 122.1% | −9.2% | −4.7% | −11.7% | 17.6% | −27.2% | −29.3% | −13.1% |
| Free cash flow margin | — | — | — | — | — | — | — | — | −340.3% | — |
| Income quality (OCF / net income) | — | — | −0.05 | — | — | — | −0.34 | — | — | — |
| Financial health | ||||||||||
| Total debt | $233.7M | $210.8M | $403.3M | $412.0M | $265.0M | $124.8M | $115.0M | $18.7M | $929,000 | $3.1M |
| Cash & short-term investments | $61.0M | $85.5M | $122.3M | $352.1M | $510.6M | $148.1M | $83.6M | $41.6M | $55.4M | $2.6M |
| Net debt | $172.7M | $125.2M | $281.0M | $59.9M | −$245.6M | −$23.3M | $31.4M | −$22.9M | −$54.5M | $456,000 |
| Debt / equity | 0.30 | 0.25 | 0.49 | 0.53 | 0.49 | 0.65 | 0.72 | 0.23 | 0.01 | 0.06 |
| Debt / assets | 0.21 | 0.19 | 0.38 | 0.41 | 0.32 | 0.38 | 0.39 | 0.18 | 0.01 | 0.05 |
| Net debt / EBITDA | — | — | 5.41 | — | — | — | — | — | — | — |
| Current ratio | 0.30 | 0.49 | 0.62 | 1.59 | 64.51 | 17.63 | 6.20 | 13.96 | 16.44 | 1.52 |
| Quick ratio | 0.30 | 0.49 | 0.62 | 1.59 | 64.51 | 17.63 | 6.12 | 13.48 | 15.88 | 1.42 |
| Interest coverage | -1.2 | -1.3 | -2.2 | -1.0 | -4.2 | -9.3 | -6.6 | -73.8 | — | -9.6 |
| Working capital | −$195.9M | −$122.9M | −$81.4M | $132.0M | $524.3M | $145.6M | $77.9M | $43.6M | $57.5M | $2.5M |
| Invested capital | $939.2M | $953.5M | $1.11B | $843.9M | $290.7M | $167.4M | $191.0M | $59.4M | $54.3M | $52.1M |
| Tangible asset value | $815.4M | $890.9M | $828.9M | $784.0M | $536.3M | $190.7M | $159.6M | $82.3M | $108.8M | $51.6M |
| Net current asset value | −$197.8M | −$122.9M | −$92.5M | $123.5M | $251.5M | $18.3M | −$41.3M | $25.3M | $56.5M | $1.2M |
| Graham number | — | — | $30.52 | — | — | — | $4.69 | — | — | — |
| Graham net-net per share | −$1.26 | −$0.88 | −$0.62 | $0.92 | $1.94 | $0.14 | −$0.52 | $0.25 | $0.69 | — |
| Capital allocation | ||||||||||
| Dividends paid | — | — | $275.5M | — | — | — | — | — | — | — |
| Share buybacks (net) | $0 | — | $0 | $0 | — | — | — | — | — | — |
| Dividend payout ratio | — | — | 21.4% | — | — | — | — | — | — | — |
| Capex / revenue | — | — | — | — | — | — | — | — | 39.3% | — |
| Capex / depreciation | 0.00 | 2.21 | 7.37 | 0.73 | 2.03 | 89.91 | 28.11 | 1.47 | 1.79 | 31.50 |
| Stock-based compensation / revenue | — | — | — | — | — | — | — | — | 269.6% | — |
| R&D / revenue | — | — | — | — | — | — | — | — | 9.9% | — |
| SG&A / revenue | — | — | — | — | — | — | — | — | 434.9% | — |
| Efficiency | ||||||||||
| Days sales outstanding | — | — | — | — | — | — | — | — | 77.2 | — |
| Days of inventory on hand | — | — | — | — | — | — | 842.5 | 99.4 | 77.0 | — |
| Days payables outstanding | 7,465.3 | 5,873.9 | 10,837.9 | 18,765.1 | 640.5 | 1,022.2 | 1,599.6 | 151.5 | — | — |
| Receivables turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.73 | 0.00 |
| Payables turnover | 0.05 | 0.06 | 0.03 | 0.02 | 0.57 | 0.36 | 0.23 | 2.41 | — | — |
| Inventory turnover | — | — | — | — | — | — | 0.43 | 3.67 | 4.74 | — |
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.00 |
| Average receivables | $20.3M | $11.0M | $4.3M | $3.0M | $1.6M | $1.9M | $2.3M | $1.5M | $907,500 | $518,000 |
| Average payables | $7.2M | $9.0M | $13.1M | $9.3M | $1.6M | $1.9M | $2.7M | $2.8M | — | — |
| Average inventory | — | — | — | — | — | $618,000 | $1.4M | $1.9M | $1.3M | $369,500 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from LAR's annual financial statements (latest annual report filed March 23, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
LAR valuation and financial ratios
Lithium Argentina earned a return on equity of −9.5% and a return on invested capital of −3.1% in fiscal 2025. It ended the year with $233.7 million of debt and $61.0 million in cash and short-term investments, net debt of $172.7 million.
See the LAR income statement, the LAR chart for price history, or the LAR stock overview for the latest quote and news.
LAR key metrics FAQ
What is Lithium Argentina's return on equity?
Lithium Argentina's return on equity (ROE) was −9.5% in fiscal 2025: net income of -$75.4 million on average shareholders' equity of $797.4 million.
What is Lithium Argentina's ROIC?
Lithium Argentina's return on invested capital was −3.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Lithium Argentina have?
Lithium Argentina had total debt of $233.7 million at the end of fiscal 2025, a debt-to-equity ratio of 0.30.
What is Lithium Argentina's free cash flow yield?
Lithium Argentina generated -$30.5 million of free cash flow in fiscal 2025, a free cash flow yield of −3.4% on its market value at year-end ($904.9 million).
What is Lithium Argentina's current ratio?
Lithium Argentina's current ratio was 0.30 at the end of fiscal 2025: current assets were 0.30 times current liabilities.