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MP Materials MP Debt-to-equity

Debt-to-equity at other companies

Westlake logo
WestlakeWLK
0.7×+0.2×
Element Solutions logo
Element SolutionsESI
0.8×+0.2×
Albemarle logo
AlbemarleALB
0.2×-0.2×
Reliance logo
RelianceRS
0.3×0.0×
Martin Marietta Materials logo
Martin Marietta MaterialsMLM
0.5×-0.1×
Steel Dynamics logo
Steel DynamicsSTLD
0.5×0.0×

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%
Current ratio7.2×+3.1×

Where this comes from

Calculated from MP Materials’s reported figures.

Based on the most recent quarter.

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 debt-to-equity?
MP Materials (MP) reported debt-to-equity of 0.5× in Q1 2026.
How has MP Materials's debt-to-equity changed year-over-year?
MP Materials's debt-to-equity decreased by 41.6% year-over-year, from 0.9× to 0.5×.
What is the long-term trend for MP Materials's debt-to-equity?
Over 5 years (2020 to 2025), MP Materials's debt-to-equity has grown at a 140.1% compound annual growth rate (CAGR), from 0× to 0.5×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.