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MP Materials MP Change in Inventories

Change in Inventories at other companies

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WestlakeWLK
$8M-89.2%
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Element SolutionsESI
$93.2M+409%
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RelianceRS
$47.7M-44.5%
Martin Marietta Materials logo
Martin Marietta MaterialsMLM
$22M-61.4%
Steel Dynamics logo
Steel DynamicsSTLD
$174.43M+1,363%
Entegris logo
EntegrisENTG
$15.3M-66.2%

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:IncreaseDecreaseInInventories.

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 inventories?
MP Materials (MP) reported change in inventories of $8.85M in Q1 2026.
How has MP Materials's change in inventories changed year-over-year?
MP Materials's change in inventories decreased by 71.5% year-over-year, from $31.1M to $8.85M.
What is the long-term trend for MP Materials's change in inventories?
Over 3 years (2022 to 2025), MP Materials's change in inventories has grown at a 67.9% compound annual growth rate (CAGR), from $24.31M to $115.02M.
What does change in inventories mean?
The net change in the value of goods held in stock by the company.
How do you interpret change in inventories?
A significant increase may signal slowing sales or overproduction, while a decrease may indicate strong demand or supply chain constraints.
How does change in inventories compare across companies?
Highly industry-specific; mining and manufacturing firms typically carry higher inventory levels than service firms.