Stocktoria

MP Materials Corp. / DE MP

NYSE · stock · Metal Mining · website · IPO 2020-04-30

MP Materials Corp. / DE statistics & valuation

Market cap$9.6B
P / S42.8×
P / B4.8×
Net margin-38.3%
Return on equity-4.3%
FCF margin-146.2%
Net cash$167.3M
Enterprise value USD$9.4B
Earnings yield EBIT/EV-1.6%
Return on capital-4.2%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-9.20% -16.20% 40.70% 54.80% 9.60% -32.10% -38.30% 2019202020212022202320242025
Gross margin (%)
2019202020212022202320242025
Operating margin (%)
-10.40% -25.80% 49.80% 62.10% -7.00% -83.10% -66.60% 2019202020212022202320242025
Return on equity (%)
-2.60% 13.40% 22.00% 1.80% -6.20% -4.30% 2019202020212022202320242025
Shares outstanding
66.6M 170.7M 189.8M 193.5M 178.2M 169.9M 177.4M 2019202020212022202320242025
Net debt ($)
-$516.3M -$504.4M $541.8M $418.6M $626.3M -$167.3M 2019202020212022202320242025
Share buybacks ($)
2019202020212022202320242025
Return on assets (%)
-6.60% -2.00% 7.10% 12.90% 1.00% -2.80% -2.20% 2019202020212022202320242025
Free cash flow margin (%)
-3.70% -14.20% -6.60% 3.20% -78.60% -84.90% -146.20% 2019202020212022202320242025
Debt / equity (×)
0.00× 0.67× 0.52× 0.50× 0.86× 0.50× 2019202020212022202320242025
EPS ($)
-$0.10 -$0.27 $0.73 $1.52 $0.14 -$0.57 -$0.50 2019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating margin-66.6%-83.1%-7.0%62.1%49.8%-25.8%-10.4%
Net margin-38.3%-32.1%9.6%54.8%40.7%-16.2%-9.2%
FCF margin-146.2%-84.9%-78.6%3.2%-6.6%-14.2%-3.7%
Return on assets-2.2%-2.8%1.0%12.9%7.1%-2.0%-6.6%
Return on equity-4.3%-6.2%1.8%22.0%13.4%-2.6%37.5%
Debt / equity0.50×0.86×0.50×0.52×0.67×0.00×—
Current ratio7.246.2910.4213.2721.4413.030.88

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.