18 years of historical data (2007–2024) · Basic Materials · Industrial Materials
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Lithium Americas Corp. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.3B | $596M | $1.0B | $1.6B | $2.4B | $1.0B | $180M | $174M | $418M | $19M | $50M |
| Enterprise Value | $767M | $25M | $835M | $1.6B | $2.4B | $1.0B | $216M | $151M | $363M | $17M | $44M |
| P/E Ratio → | -26.29 | — | — | — | — | — | 3.50 | — | — | — | — |
| P/S Ratio | — | — | — | — | — | — | — | 35.86 | 97.41 | — | — |
| P/B Ratio | 1.17 | 0.63 | 2.67 | — | — | 5.44 | 1.13 | 2.11 | 3.84 | 0.31 | 2.38 |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — | — | — | 31.10 | 84.71 | — | — |
| EV / EBITDA | — | — | — | — | — | — | 3.56 | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | 3.72 | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
A negative ROE of -6.1% indicates the company is currently destroying shareholder equity.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | — | — | — | — | — | — | — | -40.4% | -42.3% | — | — |
| Operating Margin | — | — | — | — | — | — | — | -583.7% | -589.3% | — | — |
| Net Profit Margin | — | — | — | — | — | — | — | -583.7% | -775.1% | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -6.1% | -6.1% | -2.9% | — | -63.1% | -15.2% | 42.7% | -29.6% | -39.2% | -18.4% | -7.5% |
| ROA | -5.5% | -5.5% | -2.2% | -350.5% | -27.9% | -8.6% | 26.0% | -26.0% | -36.5% | -16.3% | -6.5% |
| ROIC | -7.1% | -7.1% | -21.2% | -984.4% | -40.1% | -10.2% | 35.0% | -37.3% | -33.4% | -13.3% | -94.2% |
| ROCE | -3.9% | -3.9% | -14.9% | — | -27.4% | -8.2% | 31.5% | -26.9% | -29.4% | -15.6% | -63.0% |
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $594M exceeds total debt of $23M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.02 | 0.02 | 0.01 | — | — | 0.65 | 0.75 | 0.23 | 0.01 | 0.07 | 0.06 |
| Debt / EBITDA | — | — | — | — | — | — | 1.98 | — | — | — | — |
| Net Debt / Equity | — | -0.60 | -0.50 | — | — | -0.12 | 0.23 | -0.28 | -0.50 | -0.02 | -0.28 |
| Net Debt / EBITDA | — | — | — | — | — | — | 0.60 | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | — | — | — | -16947.09 | -18861.81 | -29576.58 | 20.38 | — | — | — | — |
Net cash position: cash ($594M) exceeds total debt ($23M)
Short-term solvency ratios and asset-utilisation metrics
Lithium Americas Corp.'s current ratio of 10.33x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 0.04x to 10.33x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 10.33 | 10.33 | 8.37 | 0.04 | 0.40 | 17.63 | 6.20 | 13.96 | 16.44 | 1.14 | 4.16 |
| Quick Ratio | 10.33 | 10.33 | 8.37 | 0.04 | 0.40 | 17.42 | 6.12 | 13.48 | 15.88 | 1.07 | 4.09 |
| Cash Ratio | 10.19 | 10.19 | 7.95 | 0.01 | 0.21 | 16.91 | 5.58 | 12.38 | 14.87 | 0.89 | 3.74 |
| Asset Turnover | — | — | — | — | — | — | — | 0.05 | 0.04 | — | — |
| Inventory Turnover | 0.28 | — | — | — | — | 0.28 | — | 4.21 | 2.93 | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | 146.74 | 86.53 | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Lithium Americas Corp. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | 28.6% | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $201M | $160M | $134M | $134M | $134M | $92M | $89M | $76M | $27M | $22M |
Compare LAC with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $1B | -26.3 | — | — | — | — | -6.1% | -7.1% | — | |
| $905M | 6.3 | — | — | — | — | 59.1% | -16.9% | — | |
| $36B | 16.1 | 20.6 | 29.7 | 20.5% | 4.4% | 12.2% | 209.3% | 1.7 | |
| $3B | -48.6 | 281.5 | — | 21.2% | -3.0% | -40.3% | -1.4% | 19.9 | |
| $23B | -33.8 | — | 33.1 | — | — | -12.5% | — | — | |
| $13B | -65.2 | 15.6 | 43.7 | 29.3% | 23.5% | -7.5% | 9.0% | 4.5 | |
| $12B | -136.1 | — | — | -2.4% | -44.6% | -5.0% | -4.7% | — | |
| $1.5T | 360.5 | 138.3 | 234.9 | 18.0% | 4.6% | 4.8% | 4.5% | 0.8 | |
| $69B | 23.3 | 10.2 | 6.2 | 10.9% | 1.6% | 4.2% | 1.3% | 7.4 | |
| $46B | -5.7 | 22.3 | 3.7 | 12.2% | 1.4% | -20.2% | 1.0% | 19.7 | |
| $4B | -9.6 | — | — | — | — | -37.4% | -33.4% | — | |
| Basic Materials Median | — | 22.3 | 11.0 | 25.6 | 31.3% | 9.2% | 0.0% | 4.5% | 2.5 |
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Lithium Americas Corp.'s current P/E ratio is -26.3x. The historical average is 18.1x.
Lithium Americas Corp.'s return on equity (ROE) is -6.1%. The historical average is -20.7%.
Based on historical data, Lithium Americas Corp. is trading at a P/E of -26.3x. Compare with industry peers and growth rates for a complete picture.