MP Materials MP Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 14.2%+9.5pp | 14.1%+8.6pp | 11.5%-15.0pp | 11.3%-36.7pp | 4.7%-60.0pp | |
| Operating margin | -54.6%+25.0pp | -66.6%+16.6pp | -81.5%+4.9pp | -67%+12.0pp | -79.5%-39.3pp | |
| Returns | ||||||
| Return on invested capital | -7.2%+2.5pp | -8.5%+1.2pp | -10.7%-0.9pp | -9.5%0.0pp | -9.7%-4.4pp | |
| 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×+3.1× | 7.2×+1.0× | 8×+1.1× | 3.6×-3.3× | 4.1×-6.2× | |
| Leverage | ||||||
| Debt-to-equity | 0.5×-0.4× | 0.5×-0.4× | 0.5×-0.4× | 0.9×+0.1× | 0.9×+0.1× | |
| Per Share | ||||||
| Book value per share | $11.05+74.7% | $11.63+87.3% | $11.23+73.1% | $6.17-8.0% | $6.33+3.9% | |
| Valuation | ||||||
| Market capitalization | $8.57B+115% | $8.95B+252% | $11.88B+307% | $5.71B+157% | $3.99B+59.8% | |
| Price / sales | 33.7×+15.2× | 39.9×+27.4× | 51×+35.2× | 23.6×+10.8× | 18.5×+6.4× | |
| Price / book | 4.4×+0.5× | 4.5×+2.1× | 6×+3.3× | 5.6×+3.6× | 3.9×+1.7× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
