Which has grown faster, MP or X?

Over the past five years, MP grew revenue faster — MP at a 14.90% CAGR versus X at 4.51%.

Does MP or X pay a bigger dividend?

X pays a dividend (0.36% yield) while MP does not currently pay one.

Is MP or X more profitable?

X runs the higher net margin — MP at -20.48% versus X at 0.64%.

Which has been the better investment, MP or X?

Over the past 5-year, MP delivered the higher annualized total return — MP at 12.44% versus X at 9.88%. Past performance doesn't predict future results.

MP Materials Corp. (MP) vs United States Steel Corporation (X)

X leads on 8 of 10 compared metrics.

A side-by-side comparison of MP Materials Corp. and United States Steel Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

MP Materials Corp.

$10.25B

$57.55Basic Materials

United States Steel Corporation

$12.42B

$54.84Basic Materials

Total return — MP vs X

growth of $100 · last 5y

MP +277.4%X +581.2%X compounded faster

MP X

MP vs X: by the numbers

•X is the larger company ($12.42B vs $10.25B market cap).
•X is profitable (0.64% net margin) while MP runs a net loss (-20.48%).
•MP grew revenue faster over the past five years (14.90% vs 4.51% CAGR).
•X pays a dividend (0.36% yield) while MP does not currently pay one.

Which is better, MP or X?

Metric tally: MP 2 · X 8

It depends on what you're optimizing for:

GrowthMP(faster 5Y revenue CAGR)

QualityX(higher ROIC)

Valuation

Metric	MP	X
P/E ratio	—	189.10
Forward P/E	52.55	—
P/S ratio	32.99	0.81●
P/B ratio	4.82	0.77●
EV / EBITDA	619.59	10.84●

Profitability

Metric	MP	X
Gross margin	24.16%●	7.57%
Operating margin	-39.42%	-2.36%●
Net margin	-20.48%	0.64%●
ROE	-2.99%	0.61%●
ROIC	-2.36%	1.24%●

Dividends

Metric	MP	X
Dividend yield	—	0.36%
Payout ratio	—	11.70%

Growth (annualized)

Metric	MP	X
Revenue CAGR (5Y)	14.90%●	4.51%
EPS CAGR (5Y)	—	-19.55%
FCF CAGR (5Y)	—	24.58%
Total return CAGR (5Y)	12.44%	47.40%●

Frequently asked

Which is better, MP or X?: It depends on your goal. growth: MP (faster 5Y revenue CAGR); quality: X (higher ROIC). Across all compared metrics, X leads 8 to 2.
Which has grown faster, MP or X?: Over the past five years, MP grew revenue faster — MP at a 14.90% CAGR versus X at 4.51%.
Does MP or X pay a bigger dividend?: X pays a dividend (0.36% yield) while MP does not currently pay one.
Is MP or X more profitable?: X runs the higher net margin — MP at -20.48% versus X at 0.64%.
Which has been the better investment, MP or X?: Over the past 5-year, MP delivered the higher annualized total return — MP at 12.44% versus X at 9.88%. Past performance doesn't predict future results.

Go deeper

Full MP analysis Full X analysis Interactive comparison tool

Dig into the metrics

MP Materials P/E ratio United States Steel P/E ratio MP Materials dividend yield United States Steel dividend yield MP Materials ROE United States Steel ROE MP Materials operating margin United States Steel operating margin MP Materials revenue growth United States Steel revenue growth MP Materials free cash flow United States Steel free cash flow

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 June 13, 2026.