MP Materials Corp. / DE
MPNYSE
$45.24
↓ -0.5%Jul 17 close · end-of-day
Price
1Y↓ -22.7%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$8.1B
Enterprise Value
$7.3B
P/E
—
P/S
31.7
P/B
4.1
EV/EBITDA
—
PEG
—
FCF Yield
-3.9%
Dividend Yield
—
Revenue (TTM)
$254.3M
Net Income (TTM)
-$71.2M
Free Cash Flow (TTM)
-$313.8M
Gross Margin
—
Operating Margin
-54.5%
Net Margin
-28.0%
ROE
-3.6%
ROIC
-8.9%
Debt / Equity
0.5
Net Cash
$737.9M
Return 1Y
-24.9%
Company profile
MP Materials Corp. owns rare earth mining and processing facilities. It owns and operates the Mountain Pass Rare Earth mine located in the Western Hemisphere. The company offers cerium, lanthanum, neodymium, praseody mium, samarium, and samarium.
- CEO
- James H. Litinsky
- Sector
- Mining
- Industry
- Non-Metallic And Industrial Metal Mining
- Employees
- 490
- Headquarters
- Nevada
- Website
- mpmaterials.com
Management & directors
- Rosenthal Michael StuartChief Operating Officer
- Litinsky James H.Chairman and CEO
- Corbett RyanChief Financial Officer
- Hoops Elliot DeanGeneral Counsel and Secretary
- Infuso David GregoryChief Accounting Officer
Roles derived from SEC Form 4 filings.
Earnings
MP Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$90.6M↑ +49.1%
Diluted EPS-$0.04↓ -71.4%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $134.3M | $332.0M | $527.5M | $253.4M | $203.9M | $224.4M |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$34.7M | $165.3M | $327.4M | -$17.7M | -$169.4M | -$149.4M |
| Net income | -$21.8M | $135.0M | $289.0M | $24.3M | -$65.4M | -$85.9M |
| Diluted EPS | -$0.27 | $0.73 | $1.52 | $0.14 | -$0.57 | -$0.50 |
| Operating cash flow | $3.3M | $102.0M | $343.5M | $62.7M | $13.3M | -$155.8M |
| Free cash flow | -$19.1M | -$21.9M | $16.9M | -$199.2M | -$173.1M | -$328.1M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | -25.8% | 49.8% | 62.1% | -7.0% | -83.1% | -66.6% |
| Net margin | -16.2% | 40.7% | 54.8% | 9.6% | -32.1% | -38.3% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $31.3M | $62.9M | $61.0M | $60.8M | $57.4M | $53.6M | $52.7M | $90.6M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | -$53.5M | -$39.5M | -$44.0M | -$34.8M | -$43.9M | -$67.0M | -$3.7M | -$24.1M |
| Net income | -$34.1M | -$25.5M | -$22.3M | -$22.6M | -$30.9M | -$41.8M | $9.4M | -$8.0M |
| Diluted EPS | -$0.21 | -$0.16 | -$0.12 | -$0.14 | -$0.19 | -$0.24 | $0.07 | -$0.04 |
| Operating cash flow | $30.8M | -$6.8M | $30.5M | -$63.2M | -$3.7M | -$42.0M | -$46.9M | -$1.9M |
| Free cash flow | -$15.6M | -$53.3M | -$11.2M | -$93.7M | -$32.7M | -$92.5M | -$109.3M | -$79.3M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | -171.1% | -62.8% | -72.1% | -57.2% | -76.5% | -125.2% | -7.0% | -26.6% |
| Net margin | -108.9% | -40.5% | -36.6% | -37.2% | -53.8% | -78.0% | 17.9% | -8.8% |
Company news
Jul 20, 2026
- 2h agoTrump Order to Secure Critical Minerals Supply Chain Underscores Risk to Defense Industryfinance.yahoo.com
- 3h agoRare Earth Stocks Slide On Oversupply Fearsfinance.yahoo.com
- 5h agoMP Materials (MP) Stock May Still Look Fully Valued After Export Control Newsfinance.yahoo.com
- 8h agoMP vs. LYSDY: Which Rare Earth Stock is the Better Buy Now?finance.yahoo.com
Jul 16, 2026
- 4d agoMP Materials Announces Date for Second Quarter 2026 Financial Results and Webcastfinance.yahoo.com
- 4d agoMP Materials and the U.S. Rare Earth Push are Starting to Alignfinance.yahoo.com
- 4d agoIs MP Stock a Buy Now or Too Pricey for Its Execution Risks?finance.yahoo.com
- 4d agoMP Materials Stock Outlook Hinges on Rare Earth Scale-Up Plansfinance.yahoo.com
Jul 15, 2026
Jul 13, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-30 | DUCKWORTH CONNIE K | Award | 624 | $0.00 | $0.00 | filing |
| 2026-06-15 | DUCKWORTH CONNIE K | Option exercise | 3,998 | — | — | filing |
| 2026-06-15 | WEISENBURGER RANDALL J | Option exercise | 3,998 | — | — | filing |
| 2026-06-15 | Lavan Maryanne | Option exercise | 3,998 | — | — | filing |
| 2026-06-15 | MYERS RICHARD B | Option exercise | 3,998 | — | — | filing |
| 2026-06-09 | Rosenthal Michael Stuart· Chief Operating Officer | Buy | 10,000 | $54.30 | $543,000.00 | filing |
| 2026-06-03 | Litinsky James H.· Chairman and CEO | Sale | 136,141 | $68.65 | $9.3M | filing |
| 2026-06-03 | Litinsky James H.· Chairman and CEO | Sale | 37,286 | $70.23 | $2.6M | filing |
| 2026-06-03 | Litinsky James H.· Chairman and CEO | Sale | 11,740 | $71.31 | $837,179.40 | filing |
| 2026-05-29 | Litinsky James H.· Chairman and CEO | Sale | 48,050 | $64.56 | $3.1M | filing |
| 2026-05-29 | Litinsky James H.· Chairman and CEO | Sale | 1,950 | $65.13 | $127,003.50 | filing |
| 2026-05-28 | Litinsky James H.· Chairman and CEO | Sale | 95,114 | $64.67 | $6.2M | filing |
| 2026-05-28 | Litinsky James H.· Chairman and CEO | Sale | 49,265 | $66.52 | $3.3M | filing |
| 2026-05-28 | Litinsky James H.· Chairman and CEO | Sale | 44,117 | $65.65 | $2.9M | filing |
| 2026-05-28 | Litinsky James H.· Chairman and CEO | Sale | 39,445 | $67.78 | $2.7M | filing |
| 2026-05-28 | Litinsky James H.· Chairman and CEO | Sale | 6,710 | $68.18 | $457,487.80 | filing |
| 2026-05-27 | Litinsky James H.· Chairman and CEO | Sale | 92,236 | $65.20 | $6.0M | filing |
| 2026-05-27 | Litinsky James H.· Chairman and CEO | Sale | 23,113 | $66.06 | $1.5M | filing |
| 2026-05-20 | Rosenthal Michael Stuart· Chief Operating Officer | Buy | 17,000 | $56.62 | $962,540.00 | filing |
| 2026-05-13 | Litinsky James H.· Chairman and CEO | Sale | 93,959 | $65.31 | $6.1M | filing |
| 2026-05-13 | Litinsky James H.· Chairman and CEO | Sale | 83,229 | $64.93 | $5.4M | filing |
| 2026-05-12 | Litinsky James H.· Chairman and CEO | Sale | 102,968 | $65.67 | $6.8M | filing |
| 2026-05-12 | Litinsky James H.· Chairman and CEO | Sale | 19,844 | $67.12 | $1.3M | filing |
| 2026-05-08 | Corbett Ryan· Chief Financial Officer | Sale | 20,000 | $75.00 | $1.5M | filing |
| 2026-05-08 | Hoops Elliot Dean· General Counsel and Secretary | Sale | 6,958 | $75.00 | $521,850.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.