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MP Materials MP Free cash flow margin

Free cash flow margin at other companies

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-78%-25.7pp
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2.4%-2.9pp
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15.7%-19.7pp
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17.3%-1.6pp
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100.2%-15.3pp

Other financials

Income statement

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Revenue$108.5M+89.0%
Gross profit$36.2M+420%
Operating income-$32.0M+27.0%
Net income-$20.3M+34.3%
EPS (diluted)-$0.11+42.1%

Balance sheet

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Cash & equivalents$429.1M+63.2%
Total debt$934.6M+1.7%
Total equity$2.0B+93.7%
Total assets$3.7B+59.5%

Cash flow

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Operating cash flow-$6.8M-87.4%
CapEx$230.3M+694%
Free cash flow-$237.2M-626%

Valuation

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Market cap$8.53B-28.7%
Enterprise value$9.03B-28.4%
P/S27.9×-21.4×

Profitability

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Gross margin21.4%+10.1pp
Operating margin-41.5%-11.4pp
Net margin-50.5%

Returns & leverage

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Return on equity-7.8%
Debt / equity0.5×-0.4×
Current ratio9.5×+5.9×

Where this comes from

Calculated from MP Materials’s reported figures.

Based on trailing twelve months.

The source filing: MP Materials’s 8-K, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 4:04 PM EDT
Accession
0001801368-26-000047

FAQ

What is MP Materials's free cash flow margin?
MP Materials (MP) reported free cash flow margin of -169.7% in Q2 2026.
How has MP Materials's free cash flow margin changed year-over-year?
MP Materials's free cash flow margin decreased by 115.4% year-over-year, from -78.8% to -169.7%.
What is the long-term trend for MP Materials's free cash flow margin?
Over 4 years (2020 to 2025), MP Materials's free cash flow margin has grown at a 79.1% compound annual growth rate (CAGR), from -14.2% to -146.2%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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