MP · MP Materials Corp.
MP Materials Corp (MP)
What's happening
- MP is up 1.19% today, trading at $39.51. — Live quote
- Volume today (137,488) is well below its 3-month average of 5,703,050. (Finnhub fundamentals)
- Reports earnings on 2026-11-05, 14 days away. (Finnhub earnings calendar)
- Last quarter's EPS missed estimates: $-0.01 actual vs. $-0.00 estimated (-127.3%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Aggregate ratings for 2026-09-01 (28 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Quarterly history (5 periods)
| Measure | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 |
|---|---|---|---|---|---|
| Market cap | $10.33B | $9.62B | $11.67B | $5.40B | $3.95B |
| P/E | -102.39 | -93.17 | -96.60 | -47.73 | -60.08 |
| Price/Sales | 33.32 | 36.67 | 49.73 | 25.41 | 19.39 |
| Price/Book | 5.28 | 4.89 | 5.94 | 5.34 | 3.81 |
| EV/Revenue | 34.95 | 37.10 | 49.09 | 28.47 | 22.88 |
| EV/EBITDA | -192.62 | -133.35 | -113.82 | — | — |
| ROE | -5.16% | -5.25% | -6.15% | -11.19% | -6.34% |
| ROA | -2.71% | -2.69% | -3.18% | -4.84% | -2.78% |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E/PEG unavailable (no free data source).
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-09-30. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Not investment advice — read several signals together.
Indicators None active
History limited by data provider; markers are heuristics, not signals.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Revenue growth is 89.0% on the provider's reported measure. Finnhub fundamentals ↗
- Latest SEC filing is Form 4, filed 2026-10-13; review it for current changes and risks. SEC EDGAR ↗
Potential concerns
- Net profit margin is -15.2%. Finnhub fundamentals ↗
- Trailing 52-week price return is -52.1%. Finnhub market metrics ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on MP
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $108.5M | $90.6M | $53.6M | $57.4M | $60.8M | $62.9M | $31.3M | $48.7M |
| Operating income | -$32.0M | -$24.1M | -$67.0M | -$43.9M | -$34.8M | -$39.5M | -$53.5M | -$32.4M |
| Net income | -$20.3M | -$8.0M | -$41.8M | -$30.9M | -$22.6M | -$25.5M | -$34.1M | $16.5M |
| EPS (diluted) | $-0.11 | $-0.04 | $-0.24 | $-0.19 | $-0.14 | $-0.16 | $-0.21 | $-0.08 |
| EPS (basic) | $-0.11 | $-0.04 | $-0.24 | $-0.19 | $-0.14 | $-0.16 | $-0.21 | $0.09 |
| Operating margin | -$30 | -$27 | -$125 | -$76 | -$57 | -$63 | -$171 | -$67 |
| Net margin | -$19 | -$9 | -$78 | -$54 | -$37 | -$41 | -$109 | $34 |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.73B | $3.84B | $3.86B | $3.80B | $2.34B | $2.37B | $2.33B | $2.30B |
| Total liabilities | $1.36B | $1.46B | $1.47B | $1.42B | $1.33B | $1.33B | $1.28B | $1.24B |
| Stockholders' equity | $1.96B | $1.97B | $1.98B | $1.96B | $1.01B | $1.04B | $1.05B | $1.06B |
| Total current assets | $1.75B | $2.05B | $2.17B | $2.17B | $960.4M | $1.02B | $1.03B | $1.02B |
| Total current liabilities | $183.5M | $285.3M | $299.0M | $270.2M | $266.9M | $248.2M | $164.0M | $146.8M |
| Cash & equivalents | $429.1M | $886.3M | $1.17B | $1.15B | $261.5M | $198.3M | $282.4M | $284.4M |
| Accounts receivable | $40.4M | $47.3M | $14.6M | $14.8M | $21.8M | $69.7M | $18.6M | $14.5M |
| Inventory | $173.4M | $169.2M | $171.6M | $144.4M | $128.0M | $133.1M | $107.9M | $116.7M |
| Property, plant & equipment | $1.61B | $1.43B | $1.37B | $1.31B | $1.29B | $1.28B | $1.25B | $1.23B |
| Intangible assets | — | — | $6.2M | $6.5M | $6.8M | $7.1M | $7.4M | $8.0M |
| Other non-current assets | $79.1M | $64.1M | $38.3M | $33.9M | $24.6M | $29.4M | $31.7M | $6.8M |
| Accounts payable | $46.0M | $33.0M | $36.7M | $25.4M | $21.7M | $20.9M | $23.6M | $21.7M |
| Accrued liabilities | $60.3M | $99.4M | $95.1M | $78.0M | $74.4M | $69.1M | $64.7M | $66.2M |
| Deferred revenue (current) | $45.5M | $62.1M | $74.3M | $82.2M | $79.9M | $75.3M | $56.9M | $50.0M |
| Short-term debt | $0 | $67.5M | $67.4M | $67.5M | $67.4M | $67.3M | $0 | — |
| Other current liabilities | $31.6M | $23.3M | $25.6M | $17.1M | $23.4M | $15.5M | $18.9M | $8.9M |
| Long-term debt | $934.6M | $932.9M | $931.3M | $929.7M | $843.4M | $842.4M | $908.7M | $937.6M |
| Other non-current liabilities | $68.4M | $67.4M | $57.0M | $58.2M | $48.6M | $37.6M | $31.9M | $4.6M |
| Common stock & paid-in capital | $19.0K | $19.0K | $19.0K | $19.0K | $18.0K | $18.0K | $18.0K | $18.0K |
| Retained earnings | $206.2M | $226.5M | $234.4M | $225.0M | $266.8M | $297.7M | $320.3M | $342.6M |
| Accumulated other comprehensive income (loss) | -$258.0K | -$42.0K | $387.0K | $298.0K | -$26.0K | -$1.0K | $173.0K | $296.0K |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $6.8M | -$1.9M | -$46.9M | -$42.0M | -$3.7M | -$63.2M | $30.5M | -$6.8M |
| Investing cash flow | -$394.9M | -$259.8M | $73.0M | -$333.1M | $69.7M | -$15.7M | -$21.6M | $20.7M |
| Financing cash flow | -$69.4M | -$18.5M | -$7.3M | $1.26B | -$2.7M | -$5.0M | -$10.8M | -$25.3M |
| Free cash flow | -$223.5M | -$79.3M | -$188.8M | -$92.5M | -$32.7M | -$93.7M | -$104.1M | -$53.3M |
| Capital expenditures | $230.3M | $77.4M | $141.9M | $50.5M | $29.0M | $30.5M | $134.6M | $46.4M |
| Depreciation & amortization | $35.4M | $32.1M | $67.9M | $22.5M | $20.8M | $21.4M | $59.7M | $19.3M |
| Share-based compensation | $11.3M | $12.9M | $9.6M | $7.7M | $5.6M | $7.4M | $4.6M | $5.5M |
| Deferred income taxes | — | — | -$30.4M | — | — | — | -$27.8M | — |
| Change in accounts receivable | -$6.9M | $32.6M | $79.0K | -$6.8M | $2.4M | $318.0K | $4.4M | $6.1M |
| Change in inventory | $12.0M | $8.9M | $31.0M | $31.6M | $21.3M | $31.1M | -$1.3M | $1.3M |
| Purchases of investments | $659.9M | $576.6M | $427.8M | $707.4M | $319.1M | $364.7M | $417.4M | $316.9M |
| Sales/maturities of investments | $0 | $15.8M | $87.4M | $8.3M | $57.2M | $23.2M | $34.6M | $41.1M |
| Share repurchases | — | — | $0 | $0 | $0 | $0 | $24.3M | $24.3M |
| Debt issued | — | — | $0 | $61.5M | $0 | $0 | $0 | $0 |
| Tax withholding on stock comp | $612.0K | $17.6M | $5.4M | $1.6M | $235.0K | $3.6M | $5.5M | $453.0K |
| Other financing activities | — | — | — | — | — | — | — | — |
Income statement
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Revenue | $224.4M | $203.9M | $253.4M | $527.5M | $332.0M |
| Operating income | -$149.4M | -$169.4M | -$17.7M | $327.4M | $165.3M |
| Net income | -$85.9M | -$65.4M | $24.3M | $289.0M | $135.0M |
| EPS (diluted) | $-0.50 | $-0.57 | $0.14 | $1.52 | $0.73 |
| EPS (basic) | $-0.50 | $-0.39 | $0.14 | $1.64 | $0.78 |
| Operating margin | -$67 | -$83 | -$7 | $62 | $50 |
| Net margin | -$38 | -$32 | $10 | $55 | $41 |
Balance sheet
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Total assets | $3.86B | $2.33B | $2.34B | $2.24B | $1.89B |
| Total liabilities | $1.47B | $1.28B | $970.7M | $925.2M | $880.9M |
| Stockholders' equity | $1.98B | $1.05B | $1.37B | $1.31B | $1.01B |
| Total current assets | $2.17B | $1.03B | $1.13B | $1.29B | $1.28B |
| Total current liabilities | $299.0M | $164.0M | $108.5M | $97.5M | $59.5M |
| Cash & equivalents | $1.17B | $282.4M | $263.4M | $136.6M | $1.18B |
| Accounts receivable | $14.6M | $18.6M | $10.0M | $32.9M | $51.0M |
| Inventory | $171.6M | $107.9M | $95.2M | $57.6M | $38.7M |
| Property, plant & equipment | $1.37B | $1.25B | $1.16B | $935.7M | $610.6M |
| Intangible assets | $6.2M | $7.4M | $8.9M | $89.0K | — |
| Other non-current assets | $38.3M | $31.7M | $14.9M | $2.3M | $2.2M |
| Accounts payable | $36.7M | $23.6M | $28.0M | $15.3M | — |
| Accrued liabilities | $95.1M | $64.7M | $73.9M | $56.9M | — |
| Deferred revenue (current) | $74.3M | $56.9M | $0 | — | — |
| Short-term debt | $67.4M | $0 | — | — | $0 |
| Other current liabilities | $25.6M | $18.9M | $6.6M | $4.1M | $4.3M |
| Long-term debt | $931.3M | $908.7M | $682.0M | $678.4M | $674.9M |
| Other non-current liabilities | $57.0M | $31.9M | $25.1M | $5.0M | $7.8M |
| Common stock & paid-in capital | $19.0K | $18.0K | $17.0K | $18.0K | $18.0K |
| Retained earnings | $234.4M | $320.3M | $385.7M | $361.4M | $72.4M |
| Accumulated other comprehensive income (loss) | $387.0K | $173.0K | $145.0K | $189.0K | $0 |
Cash flow
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Operating cash flow | -$155.8M | $13.3M | $62.7M | $343.5M | $102.0M |
| Investing cash flow | -$206.0M | $10.1M | $68.7M | -$1.36B | -$119.4M |
| Financing cash flow | $1.25B | -$4.8M | -$9.9M | -$24.2M | $666.1M |
| Free cash flow | -$328.1M | -$173.1M | -$199.2M | $16.9M | -$21.9M |
| Capital expenditures | $172.4M | $186.4M | $261.9M | $326.6M | $123.9M |
| Depreciation & amortization | $89.3M | $78.1M | $55.7M | $18.4M | $24.4M |
| Share-based compensation | $30.2M | $23.2M | $25.2M | $31.8M | $22.9M |
| Deferred income taxes | -$30.4M | -$27.8M | $8.5M | $17.8M | $17.4M |
| Change in accounts receivable | -$4.0M | $8.9M | -$23.1M | -$18.2M | $47.4M |
| Change in inventory | $115.0M | $41.5M | $47.1M | $24.3M | $8.2M |
| Purchases of investments | $1.82B | $1.57B | $1.19B | $2.78B | $0 |
| Sales/maturities of investments | $176.1M | $166.4M | $507.7M | $1.46B | $0 |
| Share repurchases | $0 | $225.1M | $0 | $0 | — |
| Debt issued | $61.5M | $747.5M | $0 | $0 | — |
| Tax withholding on stock comp | $10.9M | $10.1M | $7.2M | $18.4M | $3.3M |
| Other financing activities | — | — | $0 | $0 | -$377.0K |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding MP as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2026-03-16 to 2026-10-13
Recent transactions
- Insiders have net sold 885,125 shares over the last 182 days, across 2 purchases and 18 sales.
- Most recent: Infuso David Gregory (Chief Accounting Officer) — Tax withholding of 338 shares on 2026-10-13.
Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.
Insider purchases & sales, last 6 months
Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.
Insider roster
| Name | Title | Most Recent Transaction | Date | Shares |
|---|---|---|---|---|
| Infuso David Gregory | Chief Accounting Officer | Tax withholding | 2026-10-13 | 338 |
| DUCKWORTH CONNIE K | Director | Grant / award | 2026-09-30 | 740 |
| WEISENBURGER RANDALL J | Director | Option exercise | 2026-06-15 | 3,998 |
| Lavan Maryanne | Director | Option exercise | 2026-06-15 | 3,998 |
| MYERS RICHARD B | Director | Option exercise | 2026-06-15 | 3,998 |
| Rosenthal Michael Stuart | Chief Operating Officer | Open market purchase | 2026-06-09 | 10,000 |
| Litinsky James H. | Chairman and CEO | Open market sale | 2026-06-03 | 11,740 |
| Hoops Elliot Dean | General Counsel and Secretary | Open market sale | 2026-05-08 | 6,958 |
| Corbett Ryan | Chief Financial Officer | Open market sale | 2026-05-08 | 20,000 |
Recent transactions
| Date | Insider | Title | Transaction | Shares | Price |
|---|---|---|---|---|---|
| 2026-10-13 | Infuso David Gregory | Chief Accounting Officer | Tax withholding | 338 | $42.43 |
| 2026-09-30 | DUCKWORTH CONNIE K | Director | Grant / award | 740 | $0.00 |
| 2026-06-30 | DUCKWORTH CONNIE K | Director | Grant / award | 624 | $0.00 |
| 2026-06-15 | DUCKWORTH CONNIE K | Director | Option exercise | 3,998 | — |
| 2026-06-15 | WEISENBURGER RANDALL J | Director | Option exercise | 3,998 | — |
| 2026-06-15 | Lavan Maryanne | Director | Option exercise | 3,998 | — |
| 2026-06-15 | MYERS RICHARD B | Director | Option exercise | 3,998 | — |
| 2026-06-09 | Rosenthal Michael Stuart | Chief Operating Officer | Open market purchase | 10,000 | $54.30 |
| 2026-06-03 | Litinsky James H. | Chairman and CEO | Open market sale | 11,740 | $71.31 |
| 2026-06-03 | Litinsky James H. | Chairman and CEO | Open market sale | 37,286 | $70.23 |
| 2026-06-03 | Litinsky James H. | Chairman and CEO | Open market sale | 136,141 | $68.65 |
| 2026-05-29 | Litinsky James H. | Chairman and CEO | Open market sale | 1,950 | $65.13 |
| 2026-05-29 | Litinsky James H. | Chairman and CEO | Open market sale | 48,050 | $64.56 |
| 2026-05-28 | Litinsky James H. | Chairman and CEO | Open market sale | 6,710 | $68.18 |
| 2026-05-28 | Litinsky James H. | Chairman and CEO | Open market sale | 39,445 | $67.78 |
| 2026-05-28 | Litinsky James H. | Chairman and CEO | Open market sale | 49,265 | $66.52 |
| 2026-05-28 | Litinsky James H. | Chairman and CEO | Open market sale | 44,117 | $65.65 |
| 2026-05-28 | Litinsky James H. | Chairman and CEO | Open market sale | 95,114 | $64.67 |
| 2026-05-27 | Litinsky James H. | Chairman and CEO | Open market sale | 23,113 | $66.06 |
| 2026-05-27 | Litinsky James H. | Chairman and CEO | Open market sale | 92,236 | $65.20 |
| 2026-05-20 | Rosenthal Michael Stuart | Chief Operating Officer | Open market purchase | 17,000 | $56.62 |
| 2026-05-13 | Litinsky James H. | Chairman and CEO | Open market sale | 93,959 | $65.31 |
| 2026-05-13 | Litinsky James H. | Chairman and CEO | Open market sale | 83,229 | $64.93 |
| 2026-05-12 | Litinsky James H. | Chairman and CEO | Open market sale | 19,844 | $67.12 |
| 2026-05-12 | Litinsky James H. | Chairman and CEO | Open market sale | 102,968 | $65.67 |
| 2026-05-08 | Hoops Elliot Dean | General Counsel and Secretary | Open market sale | 6,958 | $75.00 |
| 2026-05-08 | Corbett Ryan | Chief Financial Officer | Open market sale | 20,000 | $75.00 |
| 2026-04-20 | Litinsky James H. | Chairman and CEO | Open market sale | 259,179 | $64.03 |
| 2026-04-17 | Litinsky James H. | Chairman and CEO | Open market sale | 40,821 | $64.05 |
| 2026-04-01 | Infuso David Gregory | Chief Accounting Officer | Tax withholding | 804 | $48.41 |
| 2026-03-31 | DUCKWORTH CONNIE K | Director | Grant / award | 725 | $0.00 |
| 2026-03-17 | Corbett Ryan | Chief Financial Officer | Open market sale | 46,000 | $60.00 |
| 2026-03-16 | Hoops Elliot Dean | General Counsel and Secretary | Open market sale | 13,914 | $60.01 |
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-10-22 00:36 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-10-13 | 4 | 2026-10-13 | View on SEC.gov → |
| 2026-09-30 | 4 | 2026-09-30 | View on SEC.gov → |
| 2026-08-07 | 10-Q | 2026-06-30 | View on SEC.gov → |
| 2026-08-06 | 8-K | 2026-08-06 | View on SEC.gov → |
| 2026-06-30 | 4 | 2026-06-30 | View on SEC.gov → |
| 2026-06-15 | 4 | 2026-06-15 | View on SEC.gov → |
| 2026-06-15 | 4 | 2026-06-15 | View on SEC.gov → |
| 2026-06-15 | 4 | 2026-06-15 | View on SEC.gov → |
| 2026-06-15 | 4 | 2026-06-15 | View on SEC.gov → |
| 2026-06-10 | 4 | 2026-06-09 | View on SEC.gov → |
| 2026-06-10 | 4 | 2026-06-09 | View on SEC.gov → |
| 2026-06-10 | 4 | 2026-06-09 | View on SEC.gov → |
Recent news
Headlines about MP (MP Materials Corp.). Links open the publisher — we don’t host full articles.
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