Friday 6 November 2026 Export MP’s income statement to Excel — free account

MP Materials Corp.

MP Basic Materials Other Industrial Metals & Mining

MP Materials Corp.’s revenue for fiscal 2025 (year ended December 2025) was $224.4 million, up 10.1% from fiscal 2024.

Revenue: +175.7%
EPS: +50.0%
Free cash flow: −638.5%
Total debt: −6.12%

Quarter to September 2026, against a year earlier

Insider buying

34.00 1.91 −5.32%

Follow MP

Alert me

Market cap: $6.0B
P/E: 0.0×
Fwd P/E: −135×
Dividend yield: —
F-score: 4/9
Altman Z: 4.10
Beneish M: −0.49
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

MP Materials Corp. (MP) Current ratio

Alert me on Current ratio

MP Materials Corp.'s current ratio at the end of the quarter to 30 September 2026 was 6.8×, down 0.5× from fiscal 2025 (7.2×). Over the past ten years it has ranged from 0.9× (fiscal 2019) to 21.4× (fiscal 2021); the current reading is higher than 43% of that period. That is above the Other Industrial Metals & Mining industry median of 2.5× and above the Basic Materials sector median of 2.5×.

Embed this chart

Code for your page

<iframe src="https://stockrow.com/embed/MP/current-ratio" width="100%" height="360" style="border:0" loading="lazy" title="MP Materials Corp. current ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/MP/metrics/current-ratio">MP Materials Corp. (MP) current ratio — stockrow.com</a></p>

Period	Current ratio	Change
FY2025	7.2×	15.18%
FY2024	6.3×	(39.66%)
FY2023	10.4×	(21.49%)
FY2022	13.3×	(38.10%)
FY2021	21.4×	64.58%
FY2020	13.0×	1,388.53%
FY2019	0.9×	—

Period	Current ratio	Change
Sep 2026	6.8×	(28.97%)
Jun 2026	9.5×	32.53%
Mar 2026	7.2×	(0.92%)
Dec 2025	7.2×	(10.01%)
24 more quarters	Free account

Against its own ten years

Low 0.9× High 21.4×

Ten-year median 10.4×

Current reading's percentile 43

Company	Current ratio
VZLA Vizsla Silver Corp. compare	55.2×
USAR USA Rare Earth Inc. compare	32.8×
SSMR Sunshine Silver Mining & Refining Company compare	24.5×
ALM Almonty Industries Inc. compare	9.6×
MP MP Materials Corp.	9.5×
SKE Skeena Resources Limited compare	3.2×
MTRN Materion Corporation compare	2.8×
NEXA Nexa Resources S.A. compare	0.8×
EMAT Evolution Metals & Technologies Corp. compare	0.2×
Other Industrial Metals & Mining industry median	2.5×
Basic Materials sector median	2.5×
Market median	1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

MP Materials Corp. (MP) Current ratio

Current ratio, annual

Annual newest first

Quarterly newest first

Against its own ten years

Current ratio against peers

What Current ratio is

More on MP

Current ratio, annual

Annual newest first

Quarterly newest first

Against its own ten years

Current ratio against peers

What Current ratio is

More on MP

Stockrow Weekly