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MP Materials Corp
NYSE:MP

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MP Materials Corp Logo
MP Materials Corp
NYSE:MP
Watchlist
Price: 61.34 USD 8.47% Market Closed
Market Cap: $10.9B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-56%
5Y
-
10Y
-
Operating Income
+
3Y
-
5Y
-
10Y
-
Net Income
+
3Y
-
5Y
-
10Y
-

Earnings Waterfall
MP Materials Corp

Income Statement
MP Materials Corp

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Income Statement
Currency: USD
Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
5
6
9
11
9
10
8
7
6
5
5
5
5
7
12
17
23
28
26
28
Revenue
134
N/A
194
+45%
267
+38%
367
+37%
332
-10%
438
+32%
509
+16%
533
+5%
528
-1%
457
-13%
377
-17%
305
-19%
253
-17%
206
-19%
174
-16%
184
+6%
204
+11%
216
+6%
242
+12%
233
-4%
Gross Profit
Cost of Revenue
(66)
(84)
(102)
(124)
(74)
(82)
(86)
(86)
(90)
(93)
(94)
(94)
(93)
(104)
(123)
(158)
(193)
(206)
(215)
(206)
Gross Profit
68
N/A
110
+62%
165
+50%
243
+47%
258
+6%
357
+39%
423
+19%
447
+6%
437
-2%
364
-17%
284
-22%
212
-25%
161
-24%
102
-36%
51
-50%
26
-48%
11
-57%
10
-10%
27
+169%
27
-2%
Operating Income
Operating Expenses
(36)
(57)
(77)
(97)
(89)
(94)
(99)
(99)
(109)
(115)
(128)
(152)
(139)
(155)
(157)
(152)
(163)
(167)
(172)
(178)
Selling, General & Administrative
(27)
(41)
(54)
(65)
(58)
(63)
(68)
(72)
(77)
(75)
(75)
(77)
(79)
(81)
(84)
(86)
(75)
(81)
(82)
(67)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
(3)
(0)
(1)
(2)
(9)
(3)
(5)
(23)
Depreciation & Amortization
(7)
(13)
(20)
(27)
(24)
(24)
(22)
(17)
(18)
(21)
(28)
(43)
(56)
(66)
(72)
(75)
(78)
(81)
(84)
(87)
Other Operating Expenses
(2)
(3)
(3)
(5)
(7)
(7)
(9)
(10)
(13)
(20)
(25)
(32)
(1)
(8)
(1)
10
(1)
(1)
(1)
(1)
Operating Income
32
N/A
54
+68%
88
+65%
147
+66%
169
+15%
263
+56%
324
+23%
348
+7%
328
-6%
249
-24%
156
-37%
60
-61%
21
-64%
(53)
N/A
(107)
-102%
(126)
-18%
(152)
-20%
(156)
-3%
(144)
+8%
(151)
-5%
Pre-Tax Income
Interest Income Expense
(5)
(6)
(9)
(12)
(9)
(10)
(8)
(7)
(6)
(5)
(5)
(6)
51
(7)
(12)
(17)
24
(28)
(26)
(13)
Non-Reccuring Items
(67)
(67)
(69)
(70)
(3)
(4)
(2)
(1)
(1)
(3)
(5)
(6)
(39)
16
16
13
35
(9)
(11)
(32)
Gain/Loss on Disposition of Assets
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
0
0
4
4
4
4
3
9
20
33
45
53
0
55
53
50
(1)
49
43
34
Pre-Tax Income
(40)
N/A
(19)
+52%
15
N/A
69
+372%
160
+131%
253
+58%
316
+25%
349
+10%
341
-2%
273
-20%
189
-31%
101
-47%
33
-67%
11
-66%
(50)
N/A
(80)
-61%
(93)
-17%
(144)
-54%
(139)
+4%
(162)
-17%
Net Income
Tax Provision
18
13
7
(2)
(25)
(49)
(66)
(78)
(52)
(32)
(14)
7
(9)
(8)
12
21
28
40
37
45
Income from Continuing Operations
(22)
(6)
22
68
135
205
251
271
289
241
175
108
24
3
(38)
(59)
(65)
(105)
(101)
(118)
Net Income (Common)
(22)
N/A
(6)
+74%
22
N/A
68
+211%
135
+99%
205
+52%
251
+23%
271
+8%
289
+7%
241
-17%
175
-27%
108
-39%
24
-77%
3
-86%
(38)
N/A
(59)
-56%
(65)
-10%
(105)
-60%
(101)
+3%
(118)
-16%
EPS (Diluted)
-0.27
N/A
-0.03
+89%
0.11
N/A
0.35
+218%
0.71
+103%
1.06
+49%
1.3
+23%
1.41
+8%
1.49
+6%
1.26
-15%
0.98
-22%
0.6
-39%
0.14
-77%
0.02
-86%
-0.23
N/A
-0.36
-57%
-0.39
-8%
-0.64
-64%
-0.62
+3%
-0.67
-8%

See Also

Summary
MP intrinsic value, competitors valuation, and company profile.
DCF Valuation
MP stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MP stock valuation using valuation multiples.
Wall Street Estimates
MP price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MP stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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