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MP Materials MP Interest coverage

Interest coverage at other companies

Westlake logo
WestlakeWLK
-9.1×-13.1×
Albemarle logo
AlbemarleALB
-0.7×-0.4×
Reliance logo
RelianceRS
18.6×-6.2×
Martin Marietta Materials logo
Martin Marietta MaterialsMLM
6.4×-0.8×
Steel Dynamics logo
Steel DynamicsSTLD
19.1×-6.9×
Entegris logo
EntegrisENTG
2.4×-0.2×

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

Calculated from MP Materials’s reported figures.

Based on trailing twelve months.

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 interest coverage?
MP Materials (MP) reported interest coverage of -4.1× in Q1 2026.
How has MP Materials's interest coverage changed year-over-year?
MP Materials's interest coverage increased by 33.5% year-over-year, from -6.2× to -4.1×.
What is the long-term trend for MP Materials's interest coverage?
Over 4 years (2021 to 2025), MP Materials's interest coverage has grown at a -28.9% compound annual growth rate (CAGR), from 18.6× to -4.7×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.