Which has grown faster, MP or SPXC?

Over the past five years, SPXC grew revenue faster — MP at a 7.14% CAGR versus SPXC at 13.66%.

Is MP or SPXC more profitable?

SPXC runs the higher net margin — MP at -19.85% versus SPXC at 11.26%.

How have MP and SPXC total returns compared?

Over the past 5 years, MP delivered 8.05% and SPXC delivered 25.28% annualized total return. Past performance doesn't predict future results.

MP Materials Corp. (MP) vs SPX Technologies, Inc. (SPXC)

A side-by-side comparison of MP Materials Corp. and SPX Technologies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 4, 2026. Differences are shown without an overall score or investment verdict.

MP Materials Corp.

$8.36B

$46.97Basic MaterialsDelayed quote: Oct 2, 2026, 4:00 PM EDT

SPXC

SPX Technologies, Inc.

$8.67B

$173.09Basic MaterialsDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — MP vs SPXC

growth of $100 · dividends reinvested · last 6y

MP +369.7% (+29.4%/yr)SPXC +347.4% (+28.4%/yr)MP compounded faster over this window

MP SPXC

MP vs SPXC: by the numbers

•SPXC is the larger company ($8.67B vs $8.36B market cap).
•SPXC is profitable (11.26% net margin) while MP runs a net loss (-19.85%).
•SPXC grew revenue faster over the past five years (13.66% vs 7.14% CAGR).

Metrics side by side

Valuation

Metric	MP	SPXC
P/E ratio	N/A	31.13
Forward P/E	N/A	20.66
PEG ratio	N/A	1.65
P/S ratio	27.38	3.50
P/B ratio	4.27	3.69
EV / EBITDA	654.55	17.06
FCF yield	N/A	3.50%

Profitability

Metric	MP	SPXC
Gross margin	-25.67%	40.24%
Operating margin	-64.64%	16.29%
Net margin	-19.85%	11.26%
ROE	-3.10%	11.88%
ROIC	-2.85%	9.19%

Growth (annualized)

Metric	MP	SPXC
Revenue CAGR (5Y)	7.14%	13.66%
EPS CAGR (5Y)	N/A	18.53%
FCF CAGR (5Y)	N/A	12.17%
Total return CAGR (5Y)	8.05%	25.28%

Frequently asked

Which has grown faster, MP or SPXC?: Over the past five years, SPXC grew revenue faster — MP at a 7.14% CAGR versus SPXC at 13.66%.
Is MP or SPXC more profitable?: SPXC runs the higher net margin — MP at -19.85% versus SPXC at 11.26%.
How have MP and SPXC total returns compared?: Over the past 5 years, MP delivered 8.05% and SPXC delivered 25.28% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MP analysis Full SPXC analysis Interactive comparison tool

Dig into the metrics

SPX Technologies P/E ratio MP Materials ROE SPX Technologies ROE MP Materials operating margin SPX Technologies operating margin MP Materials revenue growth SPX Technologies revenue growth MP Materials free cash flow SPX Technologies free cash flow

MP Materials & SPX Technologies appear in these rankings

Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 4, 2026.