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MP Materials MP Net debt / EBITDA

Net debt / EBITDA at other companies

Idaho Strategic Resources logo
Idaho Strategic ResourcesIDR
-0.7×-1.1×
Materion logo
MaterionMTRN
2.5×
Perimeter Solutions logo
Perimeter SolutionsPRM
950.9×
NewMarket logo
NewMarketNEU
1.3×+0.1×
Cleveland-Cliffs logo
Cleveland-CliffsCLF
26.9×
Nucor logo
NucorNUE
-0.5×-0.2×

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$8.45B-29.3%
Enterprise value$8.96B-28.9%
P/S27.7×-21.7×

Profitability

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Gross margin21.4%+10.1pp
Operating margin-41.5%-11.4pp
Net margin-50.5%
FCF margin-169.7%-1,273pp

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 the most recent quarter.

The source filing: MP Materials’s 10-K, filed February 26, 2026. Open the filing →

Filed
Feb 26, 2026, 4:45 PM EST
Fiscal year
FY2025
Accession
0001801368-26-000008

FAQ

What is MP Materials's net debt / EBITDA?
MP Materials (MP) reported net debt / EBITDA of 11.2× in Q4 2023.
How has MP Materials's net debt / EBITDA changed year-over-year?
MP Materials's net debt / EBITDA increased by 622.7% year-over-year, from 1.6× to 11.2×.
What is the long-term trend for MP Materials's net debt / EBITDA?
Over 2 years (2021 to 2023), MP Materials's net debt / EBITDA has grown at a 105.1% compound annual growth rate (CAGR), from -2.7× to 11.2×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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