State Ledger
Company profile

MP Materials Corp. / DE CIK 1801368

Ticker
MP (NYSE)
Industry
Metal Mining
Headquarters
Las Vegas, NV 89135
Fiscal year end
2025 (FY)
Market Data
Close
$43.34
Change
-$2.80
Change %
-6.07%
Volume
256,487

MP · trading date Oct 12, 2026 · previous close $46.14 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$224.44M
Net income
-$85.87M
Total assets
$3.86B
Total liabilities
$1.47B
Stockholders' equity
$1.98B
Cash & equivalents
$1.17B
Operating income
-$149.37M
Operating cash flow
-$155.76M
Capital expenditures
$172.38M

Fiscal year 2025, via 10-K filed 2026-02-26. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-66.6%
Net margin
-38.3%
Free cash flow
-$328.13M
Free cash flow margin
-146.2%
Liabilities / assets
38.1%
Equity / assets
51.2%
CapEx / revenue
76.8%
Operating cash flow / net income
1.81×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $224.44M -$85.87M $3.86B $1.47B $1.98B
2024 $203.86M -$65.42M $2.33B $1.28B $1.05B
2023 $253.45M $24.31M $2.34B $970.67M $1.37B
2022 $527.51M $289.00M $2.24B $925.15M $1.31B
2021 $331.95M $135.04M $1.89B $880.93M $1.01B
Company Details
SIC code
1000
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 10-Q
2026-08-07
Financials filed via
Form 10-K
filed 2026-02-26

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Las Vegas, NV 89135
1700 S. PAVILION CENTER DR.
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:38 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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