A laboratory cement quality analysis apparatus based on laser-induced breakdown spectroscopy (LIBS) has been developed for rapid analysis of cement composition and ratio values. In this paper, the overall structure, the optical system, the sample preparation process, as well as the spectral data analysis methods are introduced. The calibration model is established with internal standard method. A comparison as to the measurement results between LIBS and X-ray fluorescence spectrometry (XRF) has been made and being analyzed. It shows that by using the LIBS apparatus, the mean absolute error of CaO, SiO2, Al2O3, and Fe2O3 in cement raw materials is 0.46%, 0.25%, 0.13%, and 0.05%, respectively, while the mean absolute error of the ratio value such as KH, SM, and IM in cement clinker is 0.02, 0.05, and 0.04, respectively. The generated cement plasmas are verified to be in the local thermal equilibrium (LTE) condition by calculating both the plasma temperature and the electron density.