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MP Materials MP Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin21.4%+10.1pp14.2%+9.5pp14.1%+8.6pp11.5%-15.0pp11.3%-36.7pp
Operating margin-41.5%+25.4pp-54.6%+25.0pp-66.6%+16.6pp-81.5%+4.9pp-67%+12.0pp
Returns
Return on invested capital-6.1%+3.3pp-7.2%+2.5pp-8.5%+1.2pp-10.7%-0.9pp-9.5%0.0pp
Efficiency
Asset turnover0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Liquidity
Current ratio9.5×+5.9×7.2×+3.1×7.2×+1.0×+1.1×3.6×-3.3×
Leverage
Debt-to-equity0.5×-0.4×0.5×-0.4×0.5×-0.4×0.5×-0.4×0.9×+0.1×
Per Share
Book value per share$10.97+77.9%$11.05+74.7%$11.63+87.3%$11.23+73.1%$6.17-8.0%
Valuation
Market capitalization$8.53B-28.7%$8.57B+115%$8.95B+252%$11.88B+307%$5.71B+157%
Price / sales27.9×-21.4×33.7×+15.2×39.9×+27.4×51×+35.2×23.6×+10.8×
Price / book4.4×-7.5×4.4×+0.5×4.5×+2.1×+3.3×5.6×+3.6×

FAQ

What are MP Materials's profit margins?
MP Materials (MP) runs a 21.4% gross margin and a -41.5% operating margin, with a -50.5% net margin.
Where do MP Materials's ratios come from?
Every ratio is computed from MP Materials's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.