8-K Announcements
6Mar 19, 2026·SEC
Mar 19, 2026·SEC
Feb 17, 2026·SEC
Lithium Americas Corp. (LAC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Lithium Americas Corp. (LAC) stock price & volume — 10-year historical chart
Lithium Americas Corp. (LAC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Lithium Americas Corp. (LAC) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 19, 2026 | $0.37vs $0.04-825.0% | — |
| Q4 2025 | Nov 13, 2025 | $0.02vs $0.05+60.0% | — |
| Q3 2025 | Aug 14, 2025 | $0.06vs $0.04-50.0% | — |
| Q2 2025 | May 15, 2025 | $0.05vs $0.04-25.0% | — |
Lithium Americas Corp. (LAC) competitors in Battery Materials (Lithium, Graphite, Rare Earths) — business model, growth, and fundamentals comparison
Lithium Americas Corp. (LAC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Lithium Americas Corp. (LAC) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Sep'15 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 4.29M | 4.84M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | 12.89% | -100% | - | - | - | - | - | - |
| Cost of Goods Sold | 0 | 6.1M | 6.8M | 0 | 508.51K | 0 | 0 | 0 | 944.37K | 1.45M |
| COGS % of Revenue | - | 142.26% | 140.41% | - | - | - | - | - | - | - |
| Gross Profit | 0▲ 0% | -1.81M▲ 0% | -1.96M▼ 7.9% | 0▲ 100.0% | -508.51K▲ 0% | 0▲ 100.0% | 0▲ 0% | 0▲ 0% | -944.37K▲ 0% | -1.45M▲ 0% |
| Gross Margin % | - | -42.26% | -40.41% | - | - | - | - | - | - | - |
| Gross Profit Growth % | - | - | -7.94% | 100% | - | 100% | - | - | - | - |
| Operating Expenses | 6.6M | 23.47M | 24.63M | 19.34M | 24.1M | 44.49M | 60.86M | 28.75M | 25.99M | 32.26M |
| OpEx % of Revenue | - | 547.09% | 508.53% | - | - | - | - | - | - | - |
| Selling, General & Admin | 4.08M | 18.66M | 13.94M | 10.58M | 24.1M | 44.49M | 60.86M | 28.75M | 25.99M | 32.26M |
| SG&A % of Revenue | - | 434.9% | 287.88% | - | - | - | - | - | - | - |
| Research & Development | 434K | 423K | 578K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | 9.86% | 11.93% | - | - | - | - | - | - | - |
| Other Operating Expenses | 2.09M | 642K | 1.29M | 8.76M | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -6.6M▲ 0% | -25.28M▼ 282.9% | -28.27M▼ 11.8% | 59.66M▲ 311.1% | -24.61M▼ 141.2% | -44.49M▼ 80.8% | -60.86M▼ 36.8% | -28.75M▲ 52.8% | -26.94M▲ 6.3% | -33.71M▲ 0% |
| Operating Margin % | - | -589.35% | -583.67% | - | - | - | - | - | - | - |
| Operating Income Growth % | 43.96% | -282.9% | -11.8% | 311.06% | -141.25% | -80.82% | -36.77% | 52.76% | 6.3% | - |
| EBITDA | -6.45M | -24.34M | -26.9M | 60.72M | -24.1M | -43.84M | -60.06M | -28.61M | -25.99M | -31.74M |
| EBITDA Margin % | - | -567.46% | -555.5% | - | - | - | - | - | - | - |
| EBITDA Growth % | 45.14% | -277.31% | -10.51% | 325.7% | -139.69% | -81.9% | -37% | 52.35% | 9.16% | 1.36% |
| D&A (Non-Cash Add-back) | 151K | 939K | 1.36M | 1.06M | 508.51K | 658K | 801K | 135K | 944.37K | 1.97M |
| EBIT | -6.32M | -21.52M | -17.86M | 58.23M | -24.61M | -44.49M | -60.86M | -28.75M | -40.59M | -244.58M |
| Net Interest Income | 0 | 0 | 0 | -2.07M | -832 | -2.36K | -3.59K | 2.57K | 14.74M | 4.94M |
| Interest Income | 29K | 0 | 0 | 855K | 0 | 0 | 0 | 2.57K | 14.74M | 4.93M |
| Interest Expense | 0 | 0 | 0 | 2.93M | 832 | 2.36K | 3.59K | 0 | 0 | -31K |
| Other Income/Expense | -952K | -7.97M | 0 | -4.36M | -874.9K | -2.65M | -6.94M | 23.66M | -13.65M | -210.87M |
| Pretax Income | -7.55M▲ 0% | -33.25M▼ 340.1% | -28.27M▲ 15.0% | 55.3M▲ 295.6% | -25.48M▼ 146.1% | -47.15M▼ 85.0% | -67.8M▼ 43.8% | -5.09M▲ 92.5% | -40.59M▼ 697.7% | -244.58M▲ 0% |
| Pretax Margin % | - | -775.06% | -583.67% | - | - | - | - | - | - | - |
| Income Tax | 0 | 0 | 0 | 1.45M | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 2.61% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -7.55M▲ 0% | -33.25M▼ 340.1% | -28.27M▲ 15.0% | 51.66M▲ 282.8% | -26.55M▼ 151.4% | -47.03M▼ 77.1% | -67.8M▼ 44.2% | -5.09M▲ 92.5% | -40.49M▼ 695.7% | -241.48M▲ 0% |
| Net Margin % | - | -775.06% | -583.67% | - | - | - | - | - | - | - |
| Net Income Growth % | -481.15% | -340.11% | 14.99% | 282.77% | -151.39% | -77.13% | -44.17% | 92.5% | -695.72% | -600.61% |
| Net Income (Continuing) | -7.55M | -33.25M | -28.27M | 51.66M | -25.48M | -47.15M | -67.8M | -5.09M | -40.59M | -244.58M |
| Discontinued Operations | 0 | 0 | 0 | 0 | -1.07M | 122 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 310.34M | 420.59M |
| EPS (Diluted) | -0.28▲ 0% | -0.44▼ 57.1% | -0.32▲ 27.3% | 0.56▲ 275.0% | -0.19▼ 133.9% | -0.35▼ 84.2% | -0.49▼ 40.0% | -0.02▲ 95.0% | -0.21▼ 757.1% | -1.01▲ 0% |
| EPS Growth % | -367.45% | -57.14% | 27.27% | 275% | -133.93% | -84.21% | -40% | 95% | -757.14% | -532.22% |
| EPS (Basic) | -0.28 | -0.44 | -0.32 | 0.58 | -0.19 | -0.35 | -0.49 | -0.02 | -0.21 | - |
| Diluted Shares Outstanding | 26.63M | 75.98M | 88.6M | 91.75M | 133.75M | 133.75M | 133.75M | 160.36M | 200.82M | 238.7M |
| Basic Shares Outstanding | 26.63M | 75.98M | 88.6M | 89.14M | 133.75M | 133.75M | 133.75M | 160.36M | 200.82M | 238.7M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
Lithium Americas Corp. (LAC) balance sheet — assets, liabilities & shareholders' equity
| Line item | Sep'15 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 7.05M | 61.22M | 46.94M | 92.91M | 154.34M | 1.81M | 1.94M | 205.88M | 602.17M | 388.63M |
| Cash & Short-Term Investments | 5.55M | 55.39M | 41.6M | 83.61M | 148.07M | 933K | 636K | 195.52M | 593.88M | 385.31M |
| Cash Only | 5.55M | 55.39M | 41.6M | 83.61M | 148.07M | 933K | 636K | 195.52M | 593.88M | 385.31M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 823K | 1.02M | 1.95M | 2.6M | 231K | 123.83K | 3K | 4.49M | 540 | 2.03M |
| Days Sales Outstanding | - | 86.53 | 146.74 | - | - | - | - | - | - | - |
| Inventory | 426K | 2.09M | 1.62M | 1.24M | 1.84M | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | 124.76 | 86.79 | - | 1.32K | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 1.77M | 5.47M | 3.93M | 0 | 0 | 0 | 8.28M | 0 |
| Total Non-Current Assets | 61.49M | 52.27M | 57M | 200.88M | 5.67M | 9.04M | 25.9M | 231.01M | 442.77M | 1.06B |
| Property, Plant & Equipment | 61.34M | 20.17M | 8.96M | 162.78M | 6.28M | 9.04M | 13.45M | 217.1M | 426.8M | 1.04B |
| Fixed Asset Turnover | - | 0.21x | 0.54x | - | - | - | - | - | - | 0.00x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 19.64M | 35.28M | 0 | 0 | 0 | 12.45M | 11.16M | 4.15M | 13.66M |
| Other Non-Current Assets | 150K | 12.46M | 12.76M | 38.11M | -610K | 0 | 0 | 2.74M | 11.82M | 86.41M |
| Total Assets | 68.54M▲ 0% | 113.49M▲ 65.6% | 103.94M▼ 8.4% | 293.8M▲ 182.7% | 326.72M▲ 11.2% | 10.85M▼ 96.7% | 27.84M▲ 156.5% | 436.89M▲ 1469.4% | 1.04B▲ 139.2% | 1.45B▲ 0% |
| Asset Turnover | - | 0.04x | 0.05x | - | - | - | - | - | - | 0.00x |
| Asset Growth % | 181.44% | 65.58% | -8.42% | 182.66% | 11.21% | -96.68% | 156.52% | 1469.41% | 139.18% | 478.31% |
| Total Current Liabilities | 6.21M | 3.72M | 3.36M | 14.99M | 8.75M | 4.52M | 54.21M | 24.59M | 58.28M | 103.12M |
| Accounts Payable | 0 | 0 | 2.82M | 0 | 1.93M | 4.21M | 9.91M | 4.59M | 700K | 47M |
| Days Payables Outstanding | - | - | 151.47 | - | 1.38K | - | - | - | 270.55 | 3.58K |
| Short-Term Debt | 2.93M | 178K | 539K | 3.11M | 3.55M | 0 | 43.57M | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 3.29M | 3.55M | 0 | 11.88M | 3.08M | 303K | 724K | 7.23M | 0 | 1.26M |
| Current Ratio | 1.14x | 16.44x | 13.96x | 6.20x | 17.63x | 0.40x | 0.04x | 8.37x | 10.33x | 10.33x |
| Quick Ratio | 1.07x | 15.88x | 13.48x | 6.12x | 17.42x | 0.40x | 0.04x | 8.37x | 10.33x | 10.33x |
| Cash Conversion Cycle | - | - | 82.06 | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.41M | 1M | 18.3M | 119.19M | 127.27M | 48.02M | 8.05M | 27.38M | 41.32M | 452.19M |
| Long-Term Debt | 1.11M | 751K | 18.03M | 117.11M | 121.22M | 40M | 0 | 0 | 0 | 386.99M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 1.75M | 1.62M | 3.02M | 16.82M | 59.1M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 8.04K | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 300K | 249K | 269K | 2.08M | 6.04M | 334.04K | 480.7K | 20.86M | 21M | 152.04M |
| Total Liabilities | 7.63M | 4.72M | 21.66M | 134.18M | 136.02M | 52.54M | 62.26M | 51.96M | 99.6M | 555.3M |
| Total Debt | 4.04M | 929K | 18.57M | 120.22M | 124.77M | 41.76M | 45.19M | 3.89M | 22.64M | 405.32M |
| Net Debt | -1.51M | -54.47M | -23.04M | 36.61M | -23.3M | 40.82M | 44.55M | -191.62M | -571.25M | 20.01M |
| Debt / Equity | 0.07x | 0.01x | 0.23x | 0.75x | 0.65x | - | - | 0.01x | 0.02x | 0.02x |
| Debt / EBITDA | - | - | - | 1.98x | - | - | - | - | - | -12.77x |
| Net Debt / EBITDA | - | - | - | 0.60x | - | - | - | - | - | -0.63x |
| Interest Coverage | - | - | - | 20.38x | -29576.58x | -18861.81x | -16947.09x | - | - | 7889.64x |
| Total Equity | 60.91M▲ 0% | 108.77M▲ 78.6% | 82.28M▼ 24.4% | 159.62M▲ 94.0% | 190.7M▲ 19.5% | -41.69M▼ 121.9% | -34.42M▲ 17.4% | 384.93M▲ 1218.4% | 945.34M▲ 145.6% | 896.22M▲ 0% |
| Equity Growth % | 188.93% | 78.56% | -24.35% | 93.99% | 19.47% | -121.86% | 17.44% | 1218.43% | 145.59% | 378.18% |
| Book Value per Share | 2.29 | 1.43 | 0.93 | 1.74 | 1.43 | -0.31 | -0.26 | 2.40 | 4.71 | 3.75 |
| Total Shareholders' Equity | 60.91M | 108.77M | 82.28M | 159.62M | 190.7M | -41.69M | -34.42M | 384.93M | 635M | 475.63M |
| Common Stock | 99.32M | 197.39M | 197.99M | 200.91M | 307.15M | 0 | 0 | 383.06M | 655.07M | 729.2M |
| Retained Earnings | -48.35M | -109.32M | -137.59M | -65.83M | -140.17M | -192.63M | -260.43M | -13.15M | -55.68M | -276.51M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -903K | -114K | -4.29M | -3.87M | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 310.34M | 420.59M |
Lithium Americas Corp. (LAC) cash flow — operating, investing & free cash flow history
| Line item | Sep'15 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -6.71M | -12.91M | -18.54M | -17.65M | -20.25M | -42.94M | -51.99M | -39.53M | -13.01M | -13.01M |
| Operating CF Margin % | - | -301.03% | -382.9% | - | - | - | - | - | - | - |
| Operating CF Growth % | -23.83% | -92.37% | -43.6% | 4.84% | -14.75% | -112.03% | -21.1% | 23.98% | 67.08% | 336.63% |
| Net Income | -7.55M | -33.25M | -28.27M | 51.66M | -25.22M | -47.03M | -67.8M | -5.09M | -42.63M | -241.48M |
| Depreciation & Amortization | 151K | 939K | 1.36M | 1.06M | 483K | 658K | 1.52M | 827K | 992K | 1.63M |
| Stock-Based Compensation | 567K | 11.57M | 4.73M | 4.13M | 1.62M | 1.8M | 2.35M | 5.58M | 5.17M | 5.59M |
| Deferred Taxes | 284K | 9.38M | 2.32M | -77.81M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 697K | 291K | 987K | 744K | 659K | -392K | 3.08M | -32.51M | 5.83M | 185.38M |
| Working Capital Changes | -857K | -1.84M | 320K | 2.57M | 2.21M | 2.03M | 8.85M | -8.33M | 17.64M | -3.02M |
| Change in Receivables | 0 | -596K | -264K | 2.01M | 175K | -525K | -423K | -4.26M | 3.73M | -596K |
| Change in Inventory | -382K | -2.09M | 443K | 343K | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 2.03M | 2.55M | 9.27M | -1.31M | -22K | -3.23M |
| Cash from Investing | -4.29M | -25.55M | -10.67M | -8.36M | -661K | 2.25M | -20.64M | -188.94M | -177.69M | -591.06M |
| Capital Expenditures | -4.36M | -1.69M | -2M | -29.85M | -667K | -1.93M | -5.63M | -188.94M | -177.69M | -591.06M |
| CapEx % of Revenue | - | 39.28% | 41.34% | - | - | - | - | - | - | - |
| Acquisitions | 0 | -13.7M | -11.34M | -1.02M | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 66K | -10.17M | 2.67M | 22.51M | 6K | 4.18M | 0 | 0 | 0 | 0 |
| Cash from Financing | 9.98M | 85.42M | 15.78M | 67.91M | 21.2M | 41.11M | 72.34M | 423.64M | 589.08M | 691.85M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 13.49M | 23.25M | -374K | -34K | -836K | -3.66M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 9.98M | 85.42M | 15.78M | 67.91M | 7.71M | -2.26M | 0 | 103.52M | 327.76M | 651.13M |
| Net Change in Cash | -1.61M▲ 0% | 47.34M▲ 3043.9% | -13.79M▼ 129.1% | 42.01M▲ 404.6% | 294K▼ 99.3% | 421K▲ 43.2% | -297K▼ 170.5% | 195.17M▲ 65813.1% | 398.37M▲ 104.1% | 44.43M▲ 0% |
| Free Cash Flow | -11.07M▲ 0% | -14.6M▼ 31.8% | -20.55M▼ 40.7% | -47.5M▼ 131.2% | -20.92M▲ 56.0% | -44.87M▼ 114.5% | -57.62M▼ 28.4% | -228.47M▼ 296.5% | -190.71M▲ 16.5% | -647.71M▲ 0% |
| FCF Margin % | - | -340.3% | -424.24% | - | - | - | - | - | - | - |
| FCF Growth % | 35.54% | -31.84% | -40.74% | -131.17% | 55.96% | -114.52% | -28.41% | -296.51% | 16.53% | -233.32% |
| FCF per Share | -0.42 | -0.19 | -0.23 | -0.52 | -0.16 | -0.34 | -0.43 | -1.42 | -0.95 | -0.95 |
| FCF Conversion (FCF/Net Income) | 0.89x | 0.39x | 0.66x | -0.34x | 0.76x | 0.91x | 0.77x | 7.77x | 0.32x | 2.68x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 168K | 268K | 372K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Lithium Americas Corp. (LAC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -18.43% | -39.19% | -29.59% | 42.72% | -15.16% | -63.11% | - | -2.9% | -6.09% | -26.94% |
| Return on Invested Capital (ROIC) | -13.27% | -33.35% | -37.34% | 35.03% | -10.15% | -40.08% | -984.42% | -21.2% | -7.12% | -7.12% |
| Gross Margin | - | -42.26% | -40.41% | - | - | - | - | - | - | - |
| Net Margin | - | -775.06% | -583.67% | - | - | - | - | - | - | - |
| Debt / Equity | 0.07x | 0.01x | 0.23x | 0.75x | 0.65x | - | - | 0.01x | 0.02x | 0.02x |
| Interest Coverage | - | - | - | 20.38x | -29576.58x | -18861.81x | -16947.09x | - | - | 7889.64x |
| FCF Conversion | 0.89x | 0.39x | 0.66x | -0.34x | 0.76x | 0.91x | 0.77x | 7.77x | 0.32x | 2.68x |
| Revenue Growth | - | - | 12.89% | -100% | - | - | - | - | - | - |
Lithium Americas Corp. (LAC) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 19, 2026·SEC
Mar 19, 2026·SEC
Feb 17, 2026·SEC
Lithium Americas Corp. (LAC) stock FAQ — growth, dividends, profitability & financials explained
Lithium Americas Corp. (LAC) grew revenue by 0.0% over the past year. Growth has been modest.
Lithium Americas Corp. (LAC) reported a net loss of $241.5M for fiscal year 2024.
Lithium Americas Corp. (LAC) has a return on equity (ROE) of -6.1%. Negative ROE indicates the company is unprofitable.
Lithium Americas Corp. (LAC) had negative free cash flow of $647.7M in fiscal year 2024, likely due to heavy capital investments.
Lithium Americas Corp. (LAC) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates