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MP Materials Corp. / DE

$34.53 ▼ -1.37 (-3.82%) at close

8 Visible periods

31 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Weak

Bearish

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Analytical Summary

MP Materials Corp. / DE faces fundamental challenges with weakness in Profit Margin (%) and Operating Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $5.9B

Dividend Yield —

Revenue Growth 10.1% ↗

Op. Margin -66.6% ↗

ROIC -3.7% ↗

FCF / Share $-1.93 ↘

Trailing P/E —

Price / Book 3.1x

FCF Yield —

Debt / Equity 0.50

info Valuation on last close. End-of-day price, Nov 5, 2026.

8-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$224.44M

↑ +10.1% —

Net Income Profit after all expenses

$-85.87M

↓ -31.3% —

Operating Margin Operating profit as % of sales

-66.6%

↑ +19.9% 4th

FCF / Share Free cash flow per share

$-1.93

↓ -85.9% —

Long-Term Debt Long-term obligations

$998.74M

↑ +9.9% —

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Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns

Financial Health ↓

Cash Quality

Financial view

Statement lens

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Revenue Growth YoY (%)	10.1% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+102%)	-19.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-491%)	-52.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1139%)	58.9% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1078%)	147.2% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+2843%)	83.0% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1559%)	—	—
EPS Growth YoY (%)	-28.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	N/M	-91.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	110.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	-170.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	-31.3% Weak ↓ Weak Declining Year-over-year change in net income	N/M	-91.6% Weak ↓ Weak Declining Year-over-year change in net income	114.0% Excellent Excellent Year-over-year change in net income	N/M	-223.1% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%)	-85.9% Weak Weak Year-over-year change in free cash flow	7.7% Fair Fair Year-over-year change in free cash flow	N/M	N/M	47.3% Excellent Excellent Year-over-year change in free cash flow	-488.2% Weak Weak Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	-24.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-15.0% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	23.6% Excellent Excellent Compound annual revenue growth over 3 years	93.0% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	10.8% Good Good Compound annual revenue growth over 5 years	22.7% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Operating Margin (%) (%)	-66.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-544%)	-83.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-654%)	-7.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-147%)	62.1% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+314%)	49.8% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+232%)	-25.8% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-272%)	-10.4% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-169%)	—
Effective Tax Rate (%) (%)	27.1% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	29.9% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	26.5% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.3% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.7% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	44.7% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	-38.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-483%)	-32.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-421%)	9.6% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	54.8% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+448%)	40.7% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+307%)	-16.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-262%)	-9.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-192%)	—
FCF Margin (%) (%)	-146.2% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-84.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-78.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	3.2% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-6.6% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-14.2% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-3.7% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	3.82x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	2.65x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-8.20x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.06x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.16x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.87x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.40x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Return on Invested Capital (%)	-3.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-6.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-0.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	13.9% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	8.3% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	-2.2% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	42.3% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-3.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-7.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-0.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	14.6% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	8.7% Fair Fair Operating profit relative to total assets Optimal: > 10%	-3.2% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-4.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-136%)	-6.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-152%)	1.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-85%)	22.0% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+83%)	13.4% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+12%)	-2.6% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-121%)	37.5% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+212%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Debt to Equity (x)	0.50x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: At sector avg	0.86x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+72%)	0.50x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: At sector avg	0.52x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: At sector avg	0.67x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+34%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-99%)	—	—
Interest Coverage (x)	-6.47x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-13.97x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-3.37x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	56.59x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	18.57x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	-6.93x Weak Weak Operating income divided by interest expense Optimal: > 5x	-2.23x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$-167.27M	$626.29M	$418.63M	$541.82M	$-504.37M	$-516.29M	$-2.76M	—
Debt / EBITDA (x)	-16.62x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-9.95x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	17.95x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.96x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.56x Caution Caution Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.12x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Revenue per Share (USD)	$1.32	$1.22	$1.43	$2.99	$1.91	$1.69	$1.10	—
Basic EPS, GAAP (USD)	$-0.50	$-0.39	$0.14	$1.64	$0.78	$-0.27	$-0.10	—
Free Cash Flow per Share (USD)	$-1.93	$-1.04	$-1.12	$0.10	$-0.13	$-0.24	$-0.04	—
Book Value per Share (USD)	$11.16	$6.46	$7.67	$7.39	$5.67	$5.72	$-0.27	—
Tangible Book Value per Share (USD)	$11.12	$6.42	$7.62	$7.39	$5.67	$5.72	$-0.27	—
Basic Weighted Avg Shares (shares)	170.13M	166.84M	177.18M	176.52M	173.47M	79.69M	66.56M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Working Capital (USD)	$1.87B	$867.30M	$1.02B	$1.20B	$1.22B	$517.99M	—	—
LT Debt (USD)	$998.74M	$908.73M	$681.98M	$678.44M	$674.93M	$3.36M	—	—
Total Equity (USD)	$1.98B	$1.05B	$1.37B	$1.31B	$1.01B	$853.88M	$-18.02M	$-11.27M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Sales/Revenue/Turnover (USD)	$224.44M	$203.85M	$253.44M	$527.51M	$331.95M	$134.31M	$73.41M	—
Depreciation Expense (USD)	$89.27M	$78.06M	$55.71M	$18.36M	$24.38M	$6.93M	$4.69M	—
Net Income, GAAP (USD)	$-85.87M	$-65.42M	$24.31M	$289.00M	$135.04M	$-21.82M	$-6.75M	—
Operating Cash Flow (USD)	$-155.75M	$13.35M	$62.70M	$343.51M	$101.97M	$3.28M	$-437.00K	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 4 days ago 8 years · 28 quarters

MP Materials Corp. / DE

Analytical Summary

8-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

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Signals

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