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) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, MP Materials Corp. (MP) trades at a P/S ratio of 15.2×. Over the past ten years it has ranged from 0.0× (December 2020) to 74.2× (October 2025); the current reading is higher than 46% of that period. That is above the Other Industrial Metals & Mining industry median of 5.4× and above the Basic Materials sector median of 1.6×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 38.3× 199.94%
FY2024 12.8× (7.11%)
FY2023 13.7× 70.15%
FY2022 8.1× (65.97%)
FY2021 23.7× 24.35%
FY2020 19.1× —
FY2019 0.0× —

Quarterly newest first

Period P/S ratio Change
Sep 2026 21.1× (35.42%)
Jun 2026 32.7× (3.15%)
Mar 2026 33.8× (11.77%)
Dec 2025 38.3× (24.08%)
23 more quarters

Against its own ten years

Low 0.0× High 74.2×
Ten-year median 16.6×
Current reading's percentile 54

P/S ratio against peers

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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