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

34.00 1.91 −5.32%
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

MP Materials Corp. (MP) Net margin

Alert me on Net margin

MP Materials Corp.'s net margin over the twelve months to 30 September 2026 was −9.90%, up 28.4 percentage points from fiscal 2025 (−38.3%). Over the past ten years it has ranged from −38.3% (fiscal 2025) to 54.8% (fiscal 2022) — the current reading is the lowest in ten years. That is below the Other Industrial Metals & Mining industry median of 0.00% and below the Basic Materials sector median of 1.42%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 −38.3% (6.17)
FY2024 −32.1% (41.68)
FY2023 9.59% (45.20)
FY2022 54.8% 14.11
FY2021 40.7% 56.93
FY2020 −16.3% (7.05)
FY2019 −9.20% —

Quarterly newest first

Period Net margin Change (points)
Sep 2026 −14.0% 4.68
Jun 2026 −18.7% (9.92)
Mar 2026 −8.79% (26.68)
Dec 2025 17.9% 95.91
23 more quarters

Against its own ten years

Low −38.3% High 54.8%
Ten-year median −9.20%
Current reading's percentile 39

Net margin against peers

Company Net margin
ALM Almonty Industries Inc. compare 125.2%
MTRN Materion Corporation compare 4.64%
NEXA Nexa Resources S.A. compare 4.00%
SKE Skeena Resources Limited compare 0.00%
USAR USA Rare Earth Inc. compare 0.00%
EMAT Evolution Metals & Technologies Corp. compare 0.00%
VZLA Vizsla Silver Corp. compare 0.00%
MP MP Materials Corp. −19.9%
SSMR Sunshine Silver Mining & Refining Company compare —
Other Industrial Metals & Mining industry median 0.00%
Basic Materials sector median 1.42%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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