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

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34.00 1.91 −5.32%

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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

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MP Materials Corp. (MP) P/E ratio

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MP Materials Corp. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 921× (May 2024) — the current reading is the lowest in ten years.

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

Period	P/E ratio	Change
FY2025	0.0×	—
FY2024	0.0×	—
FY2023	140×	859.85%
FY2022	14.6×	(74.88%)
FY2021	58.2×	—
FY2020	0.0×	—
FY2019	0.0×	—

Period	P/E ratio	Change
Sep 2026	0.0×	—
Jun 2026	0.0×	—
Mar 2026	0.0×	—
Dec 2025	0.0×	—
23 more quarters	Free account

Against its own ten years

Low 0.0× High 921×

Ten-year median 0.0×

Current reading's percentile 53

Company	P/E ratio
MP MP Materials Corp.	n/m
VZLA Vizsla Silver Corp. compare	n/m
EMAT Evolution Metals & Technologies Corp. compare	n/m
USAR USA Rare Earth Inc. compare	n/m
SKE Skeena Resources Limited compare	n/m
NEXA Nexa Resources S.A. compare	9.4×
MTRN Materion Corporation compare	35.8×
ALM Almonty Industries Inc. compare	40.7×
SSMR Sunshine Silver Mining & Refining Company compare	—
Other Industrial Metals & Mining industry median	22.7×
Basic Materials sector median	19.0×
Market median	17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

MP Materials Corp. (MP) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on MP

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on MP

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