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MP Materials MP Inventories

Inventories at other companies

Westlake logo
WestlakeWLK
$1.68B-5.8%
Element Solutions logo
Element SolutionsESI
$421.6M+56.2%
Albemarle logo
AlbemarleALB
$1.35B-18.7%
Reliance logo
RelianceRS
$2.23B+5.7%
Martin Marietta Materials logo
Martin Marietta MaterialsMLM
$1.21B+3.4%
Steel Dynamics logo
Steel DynamicsSTLD
$3.91B+26.1%

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:InventoryNoncurrent.

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 inventories?
MP Materials (MP) reported inventories of $96.45M in Q1 2026.
How has MP Materials's inventories changed year-over-year?
MP Materials's inventories increased by 374.3% year-over-year, from $20.34M to $96.45M.
What is the long-term trend for MP Materials's inventories?
Over 4 years (2021 to 2025), MP Materials's inventories has grown at a 18.8% compound annual growth rate (CAGR), from $104.73M to $208.88M.
What does inventories mean?
The value of all raw materials and finished products the company currently has in stock.
How do you interpret inventories?
Rising inventory levels can signal either anticipated growth in sales or, conversely, a buildup of unsold product due to weak demand.
How does inventories compare across companies?
Inventory turnover ratios are key for comparing efficiency among peers in the materials and mining sector.