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LACLithium Americas Corp.
$3.62$808M
Overview & Verdict
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LAC logoLithium Americas Corp.(LAC)Earnings, Financials & Key Ratios

LAC•NYSE
$3.62
Price updated Jul 7, 2026
SectorBasic MaterialsIndustryIndustrial MaterialsSub-IndustryBattery Materials (Lithium, Graphite, Rare Earths)
AboutLithium Americas Corp. operates as a resource company in the United States and Argentina. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; Thacker Pass project located in north-western Nevada; and Pastos Grandes project located in the Salta province of Argentina. The company was formerly known as Western Lithium USA Corporation and changed its name to Lithium Americas Corp. in March 2016. Lithium Americas Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.Show more
  • Revenue$0
  • EBITDA-$52M-89.7%
  • Net Income-$122M-187.1%
  • EPS (Diluted)-0.51-142.9%
  • ROE-9.64%-50.8%

LAC Price & Volume

Lithium Americas Corp. (LAC) stock price & volume — 10-year historical chart

Loading chart...

Thacker Pass Construction Drives Massive Capital Outlay

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Commercial scale execution risk

Key Thesis Takeaways

  • Lithium Americas remains a high-risk, pre-revenue development entity entirely dependent on the successful execution of the Thacker Pass project.
  • While the company has successfully scaled its asset base to $3.1 billion, the reliance on debt-heavy financing and the absence of commercial revenue streams create significant long-term uncertainty.
  • Investors should monitor the company's ability to transition from a $313.2 million quarterly cash burn to operational profitability as construction milestones progress.

Verdict Logic

the company's reliance on debt to fund a $295.2 million quarterly capital expenditure program without any revenue generation presents an unsustainable risk profile for conservative investors.

LAC Growth Metrics

Lithium Americas Corp. (LAC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-134.4%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-101.98%

Return on Capital

10 Years-108.26%
5 Years-206.79%
3 Years-7.35%
Last Year-3.12%

LAC Recent Earnings

Lithium Americas Corp. (LAC) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (42%)
Q2 2026Latest
May 14, 2026
Metric
Actual
Est
EPS
$0.00+97.6%
$0.07
Rev
—
—
Q2 2026
Mar 19, 2026
Metric
Actual
Est
EPS
$0.37-825.0%
$0.04
Rev
—
—
Q4 2025
Nov 13, 2025
Metric
Actual
Est
EPS
$0.02+60.0%
$0.05
Rev
—
—
Q3 2025
Aug 14, 2025
Metric
Actual
Est
EPS
$0.06-50.0%
$0.04
Rev
—
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 14, 2026
$0.00vs $0.07+97.6%
—
Q2 2026Mar 19, 2026
$0.37vs $0.04-825.0%
—
Q4 2025Nov 13, 2025
$0.02vs $0.05+60.0%
—
Q3 2025Aug 14, 2025
$0.06vs $0.04-50.0%
—
Based on last 12 quarters of dataView full earnings history →

Latest LAC News

Recent stock market news and headlines for Lithium Americas Corp. (LAC)

Business Wire·Jun 29, 2026
Lithium Americas Publishes 2025 ESG-S Report

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $LAC #Nevada--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has published its annual environmental, social, governance and safety (“ESG-S”) report (“Report”) for the period January 1 to December 31, 2025. The Report provides an overview of the Company's performance in key areas, including health and safety, environmental responsibility, community and Indigenous engagement, corporate governance and safeguarding our people, ass.

Zacks Investment Research·Jun 24, 2026
Lithium Americas Corp. (LAC) Dips More Than Broader Market: What You Should Know

Lithium Americas Corp. (LAC) reached $3.94 at the closing of the latest trading day, reflecting a -5.06% change compared to its last close.

Business Wire·Jun 23, 2026
Lithium Americas Reports 2026 Annual Meeting Results

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $LAC #Nevada--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced the results from its annual meeting of shareholders held on June 22, 2026 (the “Meeting”). Each of the following seven nominees was elected as a director of the Company: Director Nominees Votes For Votes Withheld   Kelvin Dushnisky 78,321,795 (93.95%) 5,047,673 (6.05%) Michael Brown 73,559,448 (88.23%) 9,810,019 (11.77%) Fabiana Chubbs 80,442,320 (96.49%) 2.

Benzinga·Jun 18, 2026
Pentagon Bets $725M On Energy Fuels — 5 Rare Earth Stocks To Watch

The Department of Defense's Office of Strategic Capital on Thursday announced a $725 million conditional loan commitment with Energy Fuels Inc. (AMEX:UUUU) to expand domestic rare earth processing at its White Mesa Mill in Utah and fund a new rare earth metals and alloy facility in the U.S.

Peers Comparison

Key metrics vs top competitors for Lithium Americas Corp. (LAC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
LAC logoLACLithium Americas Corp.Current
$3.62$808.27M-7.10——-9.64%—
SLI logoSLIStandard Lithium Ltd.
$2.47$504.41M-8.23——-16.33%—
LI logoLILi Auto Inc.
$12.05$12.17B78.72-24.4%1.01%1.54%—
SGML logoSGMLSigma Lithium Corporation
$11.80$1.31B-26.22-47.3%-42.21%-51.96%—
ALB logoALBAlbemarle Corporation
$129.02$15.22B-22.44-4.37%-4.24%-2.29%—
SQM logoSQMSociedad Química y Minera de Chile S.A.
$73.40$20.97B35.630.89%15.38%12.01%—

Compare LAC vs Peers

Lithium Americas Corp. (LAC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SLI

Most directly comparable listed peer for LAC.

Scale Benchmark

vs TSLA

Larger-name benchmark to compare LAC against a more recognizable public peer.

Peer Set

Compare Top 5

vs SLI, LI, SGML, ALB

LAC SEC Filings & Documents

Lithium Americas Corp. (LAC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 14, 2026·SEC

Material company update

May 5, 2026·SEC

Material company update

Mar 19, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 19, 2026·SEC

FY 2025

Mar 28, 2025·SEC

10-Q Quarterly Reports

4
FY 2026

May 14, 2026·SEC

FY 2025

Nov 13, 2025·SEC

FY 2025

Aug 14, 2025·SEC

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LAC Frequently Asked Questions

Lithium Americas Corp. (LAC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
Is LAC profitable?

Lithium Americas Corp. (LAC) reported a net loss of $111.8M for fiscal year 2025.

Dividend & Returns
What is LAC's return on equity?

Lithium Americas Corp. (LAC) has a return on equity (ROE) of -9.6%. Negative ROE indicates the company is unprofitable.

What is Lithium Americas Corp.'s free cash flow?

Lithium Americas Corp. (LAC) had negative free cash flow of $1.01B in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in LAC back in 2007?

Total return calculator · dividends reinvested · 19+ years of data

See returns →