MP Materials/$MP
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About MP Materials
MP Materials Corp is the producer of rare earth materials in the Western Hemisphere. The company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility, the only rare earth mining and processing site of scale in North America. The company is also developing a rare earth metal, alloy, and magnet manufacturing facility in Fort Worth, Texas. The company's operations are organized into two reportable segments: Materials and Magnetics.
- Ticker
- $MP
- Sector
- Materials
- Primary listing
- NYSE
- Employees
- 998
- Headquarters
- Las Vegas, United States
- Website
- mpmaterials.com
MP Materials Metrics
BasicAdvanced
$7B
-
-$0.34
1.92
-
Price and volume
Market cap
$7B
Beta
1.92
52-week high
$76.80
52-week low
$37.11
Average daily volume
5.2M
Financial strength
Current ratio
9.51
Quick ratio
8.442
Long term debt to equity
0.394
Total debt to equity
0.394
Interest coverage (TTM)
-1.95%
Profitability
EBITDA (TTM)
40.676
Gross margin (TTM)
42.33%
Net profit margin (TTM)
-14.56%
Operating margin (TTM)
-17.76%
Effective tax rate (TTM)
33.28%
Revenue per employee (TTM)
$420,000
Management effectiveness
Return on assets (TTM)
-1.52%
Return on equity (TTM)
-3.59%
Valuation
Price to revenue (TTM)
16.858
Price to book
3.6
Price to tangible book (TTM)
3.6
Price to free cash flow (TTM)
-13.907
Free cash flow yield (TTM)
-7.19%
Free cash flow per share (TTM)
-2.845
Growth
Revenue change (TTM)
71.92%
Earnings per share change (TTM)
-44.78%
3-year revenue growth (CAGR)
3.32%
3-year earnings per share growth (CAGR)
-28.31%
What the Analysts think about MP Materials
Analyst ratings (Buy, Hold, Sell) for MP Materials stock.
Analyst projections of the future price of MP Materials stock.
Bulls say / Bears say
NdPr production rose 41% year on year to 840 tonnes in Q2, while sales more than doubled and revenue grew 89%. Adjusted EBITDA improved to $28.5 million, showing that rising volumes are beginning to strengthen operating performance. (MP Materials, Reuters)
The price-protection agreement contributed $17.6 million in Q2, cushioning MP when realised NdPr prices are below the agreed floor. That support makes near-term revenue less exposed to swings in rare-earth prices. (MP Materials, Reuters)
MP is broadening beyond NdPr: it signed a long-term gadolinium supply deal with an aerospace and defence customer and has secured interest from multiple US and allied customers for its drone-industry initiative. Its Magnetics segment also generated $7.5 million of adjusted EBITDA in Q2. (MP Materials)
MP remained loss-making in Q2, with a $20.3 million GAAP net loss, and used about $223 million in cash after capital spending. Its $1.45 billion cash balance provides a buffer, but continued expansion spending may keep cash generation under pressure. (U.S. Securities and Exchange Commission, Trefis)
Management has acknowledged reliability problems in several Mountain Pass circuits that affect yield and throughput, while magnet production still needs to advance through customer qualification and its ramp. Delays could push out the higher-value sales expected from the integrated business. (The Motley Fool, MP Materials)
MP trades at a steep valuation: a recent analysis put it at 69 times EV/EBITDA, well above the sector median, despite ongoing GAAP losses. That leaves the shares vulnerable if growth or the magnet ramp falls short of expectations. (Seeking Alpha)
Data summarised monthly by Lightyear AI. Last updated on 27 Oct 2026.
MP Materials Financial Performance
Revenues and expenses
MP Materials Earnings Performance
Company profitability
Upcoming events
No upcoming events
MP Materials News
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Funds containing MP Materials
AllUSDGBPEUR
Fund name | Fund size | $MP weighting |
|---|---|---|
VanEck Rare Earth and Strategic Metals£REGB | $1.1B | 7.13% |
VanEck Rare Earth and Strategic Metals€VVMX | $1.1B | 7.13% |
WisdomTree Strategic Metals and Rare Earths Miners$RARE | $800M | 3.54% |
WisdomTree Energy Transition Metals and Rare Earths Miners£WREE | £1B | 3.11% |
iShares Essential Metals Producers€CEBT | $987M | 1.20% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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