MP Materials Corp.

MP Basic Materials Other Industrial Metals & Mining

In the quarter to June 2026, revenue grew 119.7%, EPS grew 42.1%, free cash flow fell 638.5% and total debt rose 2.61%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

40.17 1.44 −3.46%
Market cap
$7.4B
P/E
0.0×
Fwd P/E
1,057×
Dividend yield
—
F-score
5/9
Altman Z
4.11
Beneish M
−0.57
Dividend safety
n/a

MP Materials Corp. (MP) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, MP Materials Corp. (MP) trades at a EV/Sales of 16.1×. Over the past ten years it has ranged from 0.0× (December 2020) to 70.1× (October 2025); the current reading is higher than 50% of that period. That is above the Other Industrial Metals & Mining industry median of 4.6× and above the Basic Materials sector median of 1.7×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 28.2× 115.70%
FY2024 13.1× 4.45%
FY2023 12.5× 75.54%
FY2022 7.1× (67.99%)
FY2021 22.3× 41.42%
FY2020 15.7× —
FY2019 0.0× —

Quarterly newest first

Period EV/Sales Change
Jun 2026 22.9× 1.46%
Mar 2026 22.6× (19.83%)
Dec 2025 28.2× (39.24%)
Sep 2025 46.4× 100.28%
22 more quarters

Against its own ten years

Low 0.0× High 70.1×
Ten-year median 16.2×
Current reading's percentile 45

EV/Sales against peers

Company EV/Sales
VZLA Vizsla Silver Corp. compare n/m
TMC TMC the metals company Inc. compare n/m
USAR USA Rare Earth Inc. compare n/m
SKE Skeena Resources Limited compare n/m
NEXA Nexa Resources S.A. compare 0.9×
MTRN Materion Corporation compare 2.6×
USAS Americas Gold and Silver Corporation compare 6.7×
MP MP Materials Corp. 16.1×
ALM Almonty Industries Inc. compare 40.3×
Other Industrial Metals & Mining industry median 4.6×
Basic Materials sector median 1.7×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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