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Lithium Americas

LAC

Lithium Americas Corp. is a resource and materials company focused on the development and operation of significant lithium deposits and chemical processing facilities.

Market cap
$1.09B+75.0%
Net income-$219.3M-414%
Free cash flow-$1.0B-261%
EPS (diluted)-$0.94-348%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 13, 2026 (In 3 weeks)
EPS estimate-$0.04

Financials

Q1 2026

Income statement

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Net income$4.6M+140%
EPS (diluted)-$0.00+100%

Balance sheet

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Cash & equivalents$758.5M+69.8%
Total debt$702.9M
Total equity$1.3B+115%
Total assets$3.1B+206%

Cash flow

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Operating cash flow-$18.3M+3.1%
CapEx$299.3M+154%
Free cash flow-$317.6M-132%

Valuation & ratios

Valuation

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Market cap$1.09B+75.0%
Enterprise value$1.04B

Returns & leverage

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Debt / equity0.5×
Current ratio7.4×-3.0×

Competitors

Profile

Lithium Americas Corp. is a resource and materials company focused on the development and operation of significant lithium deposits and chemical processing facilities. Its flagship asset is the Thacker Pass project in Nevada, which is the largest measured and indicated lithium sedimentary clay resource in the world. The company aims to provide a domestic U.S. supply of battery-grade lithium carbonate to support the global transition to electric vehicles and stationary energy storage.

Competitive position

Developer of the largest lithium resource in the U.S. with a fully funded status for Phase 1 through strategic partnerships and government backing.

GeographiesUnited States, Canada
Customer segmentsElectric vehicle manufacturers, Battery energy stationary storage (BESS) providers
Business modelResource extraction, Chemical processing, Joint venture
SuppliersSulfur, Soda Ash, Limestone, Quicklime, Sodium Hydroxide, Sulfuric acid plants, Local power infrastructure
CustomersElectric vehicle manufacturers, Battery cell producers, Energy storage system integrators
CountryCanada
Listed2023
Employees83.0
CEOJonathan David Evans
FilingsSEC EDGAR

Questions, answered.

What is Lithium Americas's market cap?
Lithium Americas (LAC) has a market capitalization of $1.1B and trades on NYSE.
Who are Lithium Americas's competitors?
Lithium Americas's key competitors include Albemarle Corporation, Atlas Lithium Corporation Common Stock, Stardust Power Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Lithium Americas partner with?
Lithium Americas's notable partners include General Motors Holdings LLC, U.S. Department of Energy, Orion Resource Partners LP, and others.
What subsidiaries does Lithium Americas have?
Lithium Americas's subsidiaries include Lithium Nevada LLC, Lithium Nevada Ventures LLC, LAC Management LLC, and others.
Where is Lithium Americas headquartered?
Lithium Americas is headquartered in Canada and employs approximately 83 people. It has been publicly traded since 2023.