MP Materials Corp. / DE (MP) stock
MPNYSEMetal MiningFiscal year ends December 31
$36.73+0.27 (+0.74%)
Close on Nov 11, 2026Market cap $6.54BP/E –Yield –
MP Materials Corp. / DE operating margin
Operating margin is operating income as a percentage of revenue.
MP Materials Corp. / DE's operating margin for the twelve months ending Sep 30, 2026 was -20.5%. For fiscal 2025 it was -66.6%, against -83.1% the year before. The highest annual figure on record is 62.1% in fiscal 2022.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | -66.6% | +16.6 |
| FY2024 | Dec 31, 2024 | -83.1% | −76.1 |
| FY2023 | Dec 31, 2023 | -7.0% | −69.1 |
| FY2022 | Dec 31, 2022 | 62.1% | +12.3 |
| FY2021 | Dec 31, 2021 | 49.8% | +75.6 |
| FY2020 | Dec 31, 2020 | -25.8% | −15.5 |
| FY2019 | Dec 31, 2019 | -10.4% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | -14.9% | +110.2 |
| Q2 FY2026 | Jun 30, 2026 | -29.5% | +46.9 |
| Q1 FY2026 | Mar 31, 2026 | -26.6% | +30.6 |
| Q4 FY2025 | Dec 31, 2025 | -7.0% | +65.1 |
| Q3 FY2025 | Sep 30, 2025 | -125.2% | −62.3 |
| Q2 FY2025 | Jun 30, 2025 | -76.5% | +94.7 |
| Q1 FY2025 | Mar 31, 2025 | -57.2% | +9.4 |
| Q4 FY2024 | Dec 31, 2024 | -72.1% | +9.5 |
| Q3 FY2024 | Sep 30, 2024 | -62.8% | −29.4 |
| Q2 FY2024 | Jun 30, 2024 | -171.1% | −171.9 |
| Q1 FY2024 | Mar 31, 2024 | -66.6% | −101.1 |
| Q4 FY2023 | Dec 31, 2023 | -81.6% | −121.8 |
| Q3 FY2023 | Sep 30, 2023 | -33.4% | −97.0 |
| Q2 FY2023 | Jun 30, 2023 | 0.8% | −65.9 |
| Q1 FY2023 | Mar 31, 2023 | 34.4% | −34.7 |
| Q4 FY2022 | Dec 31, 2022 | 40.2% | −17.4 |
| Q3 FY2022 | Sep 30, 2022 | 63.6% | +9.4 |
| Q2 FY2022 | Jun 30, 2022 | 66.7% | +22.3 |
| Q1 FY2022 | Mar 31, 2022 | 69.2% | +33.0 |
| Q4 FY2021 | Dec 31, 2021 | 57.6% | +39.2 |
| Q3 FY2021 | Sep 30, 2021 | 54.2% | +14.8 |
| Q2 FY2021 | Jun 30, 2021 | 44.4% | +245.9 |
| Q1 FY2021 | Mar 31, 2021 | 36.2% | +23.4 |
| Q4 FY2020 | Dec 31, 2020 | 18.4% | – |
| Q3 FY2020 | Sep 30, 2020 | 39.4% | – |
| Q2 FY2020 | Jun 30, 2020 | -201.5% | – |
| Q1 FY2020 | Mar 31, 2020 | 12.8% | – |
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