MP Materials (MP) Stock Price

MP Materials Price

🇺🇸NASDAQ·CLOSED
59.15USD
Market closed
Today +/-
Today %

MP Materials (MP) Stock | ISIN US5533681012 | WKN A2P9A9. The current MP Materials stock price is 59.15 USD (2026). Revenue is 592.49 M USD. Net income is 118.07 M USD. The P/E ratio is 83.58. Market capitalization is 9.87 B USD. MP Materials operates in the Commodities sector.

Revenue has compounded at 22.7% per year over the past 5 years to 203.86 M USD. Earnings per share have declined at 56.2% per year over the last 2 years. MP Materials's net margin stands at -32.1%, down from -16.2% several years earlier.

MP Materials stock price

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of MP Materials over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how MP Materials stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing MP Materials's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

MP Materials Stock Price History
DateMP Materials Price
Access this data via the Eulerpool API

MP Materials Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
73.4 M USD
-7.6 M USD
-6.8 M USD
Jan 1, 2020
134.3 M USD
31.9 M USD
-21.8 M USD
Jan 1, 2021
332 M USD
168.7 M USD
135 M USD
Jan 1, 2022
527.5 M USD
328.2 M USD
289 M USD
Jan 1, 2023
253.45 M USD
21.37 M USD
24.31 M USD
Jan 1, 2024
203.86 M USD
-151.96 M USD
-65.42 M USD
Invalid Date
256.54 M USD
-135.54 M USD
-51.3 M USD
Invalid Date
592.49 M USD
123.55 M USD
118.07 M USD
Invalid Date
817.1 M USD
276.89 M USD
208.74 M USD
Invalid Date
1.07 B USD
499.79 M USD
273.34 M USD
Invalid Date
1.26 B USD
819.73 M USD
376.45 M USD

MP Materials Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 18, 2026, 2:46 AM
 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
20242025e2026e2027e2028e2029e2030e2031e
0.20.260.590.821.071.261.981.48
-19.7626.11131.2538.0131.4617.1357.07-25
5.424.31.861.351.020.870.560.74
1111111111111111
-65-51118208273376589-
-370.83-21.54-331.3776.2731.2537.7356.65
166.84166.84166.84166.84166.84166.84166.84166.84
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales MP Materials generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue MP Materials retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare MP Materials's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares MP Materials has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against MP Materials's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

MP Materials stock margins

The MP Materials margin analysis displays the gross margin, EBIT margin, as well as the profit margin of MP Materials. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for MP Materials.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2019
14.03 %
-10.35 %
-9.26 %
Jan 1, 2020
50.71 %
23.75 %
-16.23 %
Jan 1, 2021
77.59 %
50.81 %
40.66 %
Jan 1, 2022
82.88 %
62.22 %
54.79 %
Jan 1, 2023
63.42 %
8.43 %
9.59 %
Jan 1, 2024
5.53 %
-74.54 %
-32.09 %
Invalid Date
5.53 %
-52.83 %
-20 %
Invalid Date
5.53 %
20.85 %
19.93 %
Invalid Date
5.53 %
33.89 %
25.55 %

MP Materials Stock Revenue, EBIT, Earnings per Share

The MP Materials earnings per share therefore indicates how much revenue MP Materials has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2019
1.1 USD
-0.11 USD
-0.1 USD
Jan 1, 2020
1.69 USD
0.4 USD
-0.27 USD
Jan 1, 2021
1.75 USD
0.89 USD
0.71 USD
Jan 1, 2022
2.73 USD
1.7 USD
1.49 USD
Jan 1, 2023
1.42 USD
0.12 USD
0.14 USD
Jan 1, 2024
1.22 USD
-0.91 USD
-0.39 USD
Invalid Date
1.54 USD
-0.81 USD
-0.31 USD
Invalid Date
3.55 USD
0.74 USD
0.71 USD
Invalid Date
4.9 USD
1.66 USD
1.25 USD

MP Materials business model & stock analysis

Mp Materials Corp is a company specializing in the extraction and processing of metals. The company was founded in 2017 and is headquartered in Nevada, USA. History: Mp Materials Corp has its roots in the Molybdenum mine Mountain Pass, founded in the 1960s in California. The mine was a major supplier of Rare Earth Metals (REM), which were needed for many high-tech applications. Unfortunately, the mine was closed in 2002 after the market for Rare Earth Metals was flooded with cheaper Chinese competition. In 2017, the company MP Materials purchased the mine and decided to resume production. Business model: The business model of Mp Materials Corp focuses on the extraction and processing of Rare Earth Metals. These metals are crucial for the production of many high-tech products, including smartphones, electric cars, and wind turbines. Most of these metals are currently produced in China, which increases the risk of supply shortages for many companies. Mp Materials Corp aims to diversify and ensure the supply chain for Rare Earth Metals in the USA. Divisions: Mp Materials Corp operates the Mountain Pass Mine in California, which is considered one of the largest sources of Rare Earth Metals outside of China. Rare earth-containing minerals are mined in the mine and then processed to extract the metals for use in various applications. The company also operates a refinery in Utah, which further processes the metals and prepares them for sale to customers. Products: The products of Mp Materials Corp include various Rare Earth Metals, including Neodymium, Praseodymium, Europium, and Cerium. These metals are used for a variety of applications, including magnets, batteries, lighting systems, and catalysts. Summary: Mp Materials Corp is a company specializing in the extraction and processing of Rare Earth Metals. The company operates the Mountain Pass Mine in California and a refinery in Utah. The goal of Mp Materials Corp is to diversify and ensure the supply chain for Rare Earth Metals in the USA. The metals produced by the company are used for a variety of applications, from batteries to lighting systems.

MP Materials SWOT Analysis

Strengths

1. Vertical Integration: MP Materials Corp benefits from being vertically integrated, controlling the entire rare earth supply chain, from mining to processing and distribution. This allows the company to have greater control over quality and costs.

2. Leading Market Position: MP Materials Corp is one of the largest producers of rare earth materials outside of China, giving the company a strong market position and the ability to influence prices.

3. Strategic Assets: The company owns the Mountain Pass mine in California, which is one of the most significant and developed rare earth deposits in the world. This provides MP Materials with a valuable and sustainable resource base.

Weaknesses

1. Dependency on Chinese Demand: MP Materials Corp heavily relies on demand from China, which accounts for a significant portion of the global rare earth market. This dependency exposes the company to market fluctuations and potential geopolitical risks.

2. Long Capital Payback Period: Developing and operating rare earth mines require substantial upfront capital investments. MP Materials Corp may face challenges in managing cash flows during the initial phase of mine development and production ramp-up.

Opportunities

1. Growing Demand for Electric Vehicles: The increasing adoption of electric vehicles worldwide presents a significant opportunity for MP Materials Corp, as rare earth elements are essential in the manufacturing of electric vehicle components such as batteries, magnets, and motors.

2. Renewable Energy Development: The global shift towards renewable energy sources, such as wind turbines and solar panels, requires rare earth materials for their production. MP Materials can benefit from this trend by supplying the necessary raw materials.

3. Diversification of Supply Chain: As governments and companies seek to reduce dependence on China for rare earths, MP Materials Corp can strategically position itself as a reliable alternative supplier, attracting customers who prioritize a diversified supply chain.

Threats

1. Intense Competitiveness: The rare earth market is highly competitive, with several players vying for market share. MP Materials Corp may face challenges in maintaining its competitive edge, especially if new entrants or existing competitors increase production capacities.

2. Environmental Regulations: Rare earth mining and processing operations face strict environmental regulations due to the potential ecological impact. Non-compliance or stricter regulations could increase costs and hinder business operations.

MP Materials Segments

MP Materials Revenue by Segment (1/2)

  • 3 Years

  • Max

Product sales (including related party)
Rare earth concentrate (including related party)
Rare earth concentrate
Revenue Under Bill-and-Hold Arrangement
NdPr oxide and metal
Other sales (including related party)
Other rare earth products (including related party)
Other revenue
Details
Date
Product sales (including related party)
Rare earth concentrate (including related party)
Rare earth concentrate
Revenue Under Bill-and-Hold Arrangement
NdPr oxide and metal
Other sales (including related party)
Other rare earth products (including related party)
Other revenue
Jan 1, 2022
517.27 M USD
0 USD
0 USD
0 USD
0 USD
10.24 M USD
0 USD
0 USD
Jan 1, 2023
0 USD
242.52 M USD
0 USD
0 USD
695,000 USD
0 USD
0 USD
0 USD
Jan 1, 2024
0 USD
0 USD
143.59 M USD
0 USD
14.45 M USD
0 USD
0 USD
0 USD
Jan 1, 2025
0 USD
0 USD
0 USD
66.9 M USD
0 USD
0 USD
0 USD
0 USD

MP Materials Revenue by Segment (2/2)

  • Max

Rare earth concentrate
NdPr oxide and metal
Details
Date
Rare earth concentrate
NdPr oxide and metal
Jan 1, 2022
0 USD
0 USD
Jan 1, 2023
0 USD
0 USD
Jan 1, 2024
0 USD
0 USD
Jan 1, 2025
41.99 M USD
9.32 M USD

MP Materials Eulerpool Fair Value

MP Materials historical P/E ratio, EBIT multiple, and P/S ratio

MP Materials annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

MP Materials shares outstanding

The number of shares was MP Materials in 2025 — This indicates how many shares 166.841 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2019
66.6 M base_Shares
Jan 1, 2020
79.7 M base_Shares
Jan 1, 2021
189.8 M base_Shares
Jan 1, 2022
193.5 M base_Shares
Jan 1, 2023
178.15 M base_Shares
Jan 1, 2024
166.84 M base_Shares
Invalid Date
166.84 M base_Shares
Invalid Date
166.84 M base_Shares
Invalid Date
166.84 M base_Shares
Price targets and forecasts for MP Materials are not yet available.

MP Materials Earnings Estimates

MP Materials Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/7/2026-0.01USD81.34 MUSD2026 Q1
4/30/20260.02USD82.89 MUSD2026 Q1
2/26/20260USD69.4 MUSD2025 Q4
2/19/20260.01USD81.41 MUSD2025 Q4
5/2/20240.01USD82.44 MUSD2024 Q1
2/21/2024-0.04USD52.02 MUSD2023 Q4
8/2/20230.29USD125.96 MUSD2023 Q2
5/3/20230.25USD110.67 MUSD2023 Q1
2/22/20230.18USD89.09 MUSD2022 Q4
11/3/20220.31USD118.57 MUSD2022 Q3

EESG©

Eulerpool ESG Scorecard© for the MP Materials stock

54/100
59
Environment
52
Social
50
Governance
E

Environment

20
Scope 1 - Direct Emissions73,627
Scope 2 - Indirect emissions from purchased energy1,080
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions74,707
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees17
Percentage of women in management
Percentage of Asian employees8
Share of Asian management
Percentage of Hispanic/Latino employees25
Hispano/Latino Management share
Percentage of Black employees10
Black Management Share
Percentage of white employees51
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

MP Materials shareholder structure

% Name
8.30806%
Hancock Prospecting Pty. Ltd.
Hancock Prospecting Pty. Ltd.
8.22119%
Shenghe Resources Holding Co., Ltd.
Shenghe Resources Holding Co., Ltd.
8.17957%
Litinsky (James H.)
Litinsky (James H.)
8.16914%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
7.7619%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
7.15273%
Bank of Nova Scotia
Bank of Nova Scotia
3.96214%
BofA Global Research (US)
BofA Global Research (US)
3.90055%
State Street Investment Management (US)
State Street Investment Management (US)
3.00824%
UBS Financial Services, Inc.
UBS Financial Services, Inc.
2.42489%
Two Sigma Investments, LP
Two Sigma Investments, LP
...

MP Materials Executives and Management Board

JL

Mr. James Litinsky

(47)

Chairman of the Board, Chief Executive Officer, Founder

Compensation6.04 M USD
MR

Mr. Michael Rosenthal

(46)

Chief Operating Officer

Compensation3.79 M USD
RC

Mr. Ryan Corbett

(35)

Chief Financial Officer

Compensation3.53 M USD
EH

Mr. Elliot Hoops

(50)

General Counsel, Secretary

Compensation2.67 M USD
RW

Mr. Randall Weisenburger

(66)

Independent Director

Compensation312,500 USD

Frequently asked questions about MP Materials

The business model of Mp Materials Corp is focused on the mining and production of rare earth materials. As the leading producer of rare earth oxides in the Western Hemisphere, Mp Materials Corp aims to meet the global demand for these critical elements used in various industries. Through their flagship mine, Mountain Pass, located in California, the company utilizes advanced technology and sustainable mining practices to extract and refine rare earth minerals. Mp Materials Corp also actively engages in recycling and processing rare earth materials to reduce waste and ensure a reliable supply chain.

All fundamentals and in-depth analysis of MP Materials

Our stock analysis for MP Materials Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MP Materials Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.