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MP Materials MP Change in AP

Change in AP at other companies

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$33M-75.6%
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$11.3M-41.5%
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Eastman ChemicalEMN
$67M+193%
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RelianceRS
$176.5M+55.1%
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Martin Marietta MaterialsMLM
$35M+45.8%
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AlbemarleALB

Other financials

Income statement

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Revenue$90.6M+49.1%
Gross profit$16.4M+36.9%
Operating income-$24.1M+30.6%
Net income-$8.0M+64.8%
EPS (diluted)-$0.04+71.4%

Balance sheet

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Cash & equivalents$887.1M+344%
Total debt$1.0B+10.8%
Total equity$2.0B+89.9%
Total assets$3.8B+62.2%

Cash flow

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Operating cash flow-$1.9M+97.0%
CapEx$77.4M+154%
Free cash flow-$79.3M+15.4%

Valuation

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Market cap$10.84B+115%
Enterprise value$10.97B+84.9%
P/S42.6×+19.3×

Profitability

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Gross margin14.2%+9.5pp
Operating margin-54.6%-13.0pp
Net margin-50.5%
FCF margin-123.4%+141pp

Returns & leverage

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Return on equity-7.8%
Debt / equity0.5×-0.4×
Current ratio7.2×+3.1×

Where this comes from

Reported directly by MP Materials in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities.

The official record: MP Materials’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MP Materials's change in AP?
MP Materials (MP) reported change in AP of -$2.83M in Q1 2026.
How has MP Materials's change in AP changed year-over-year?
MP Materials's change in AP decreased by 58.5% year-over-year, from -$1.79M to -$2.83M.
What is the long-term trend for MP Materials's change in AP?
Over 2 years (2021 to 2025), MP Materials's change in AP has grown at a 30.3% compound annual growth rate (CAGR), from $5.53M to $9.39M.
What does change in AP mean?
The net change in the amount the company owes to its suppliers.
How do you interpret change in AP?
An increase provides a source of cash, suggesting the company is effectively managing its payment terms with vendors.
How does change in AP compare across companies?
Commonly used by analysts to assess working capital efficiency and supplier relationship leverage.