What are MP Materials's profit margins?

MP Materials (MP) runs a 14.2% gross margin and a -54.6% 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.

MP Materials MP Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	14.2%+0.1pp	14.1%+2.6pp	11.5%+0.2pp	11.3%+6.6pp	4.7%-0.8pp
Operating margin	-54.6%+12.0pp	-66.6%+14.9pp	-81.5%-14.5pp	-67%+12.6pp	-79.5%+3.6pp
Returns
Return on invested capital	-7.2%+1.3pp	-8.5%+2.2pp	-10.7%-1.2pp	-9.5%+0.2pp	-9.7%0.0pp
Efficiency
Asset turnover	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Liquidity
Current ratio	7.2×-0.1×	7.2×-0.8×	8×+4.4×	3.6×-0.5×	4.1×-2.2×
Leverage
Debt-to-equity	0.5×0.0×	0.5×0.0×	0.5×-0.4×	0.9×0.0×	0.9×0.0×
Per Share
Book value per share	$11.05-5.0%	$11.63+3.6%	$11.23+82.0%	$6.17-2.5%	$6.33+1.9%
Valuation
Market capitalization	$8.57B-4.2%	$8.95B-24.6%	$11.88B+108%	$5.71B+43.0%	$3.99B+56.7%
Price / sales	33.7×-6.2×	39.9×-11.1×	51×+27.5×	23.6×+5.1×	18.5×+6.0×
Price / book	4.4×-0.2×	4.5×-1.5×	6×+0.4×	5.6×+1.8×	3.9×+1.4×

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Questions, answered.

What are MP Materials's profit margins?: MP Materials (MP) runs a 14.2% gross margin and a -54.6% 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.