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MP Materials MP Price / sales

Price / sales at other companies

Westlake logo
WestlakeWLK
1.4×+0.3×
Element Solutions logo
Element SolutionsESI
+0.8×
Albemarle logo
AlbemarleALB
3.9×+2.2×
Reliance logo
RelianceRS
1.1×-0.1×
Martin Marietta Materials logo
Martin Marietta MaterialsMLM
5.6×+0.5×
Steel Dynamics logo
Steel DynamicsSTLD
1.4×+0.3×

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%

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 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 price / sales?
MP Materials (MP) reported price / sales of 33.7× in Q1 2026.
How has MP Materials's price / sales changed year-over-year?
MP Materials's price / sales increased by 82.5% year-over-year, from 18.5× to 33.7×.
What is the long-term trend for MP Materials's price / sales?
Over 5 years (2020 to 2025), MP Materials's price / sales has grown at a -0.3% compound annual growth rate (CAGR), from 40.5× to 39.9×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.