TMC the metals company inc. (TMC) vs USA Rare Earth Inc (USAR)

A side-by-side comparison of TMC the metals company inc. and USA Rare Earth Inc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

TMC

TMC the metals company inc.

$1.60B

$3.70Basic MaterialsDelayed quote: Oct 6, 2026, 4:00 PM EDT

USAR

USA Rare Earth Inc

$1.82B

$13.74Basic MaterialsDelayed quote: Oct 6, 2026, 4:00 PM EDT

Total return — TMC vs USAR

growth of $100 · dividends reinvested · last 3y

TMC +74.5% (+20.4%/yr)USAR +35.6% (+10.7%/yr)TMC compounded faster over this window

TMC USAR

TMC vs USAR: by the numbers

•USAR is the larger company ($1.82B vs $1.60B market cap).
•Both run net losses; TMC's is the smaller (0.00% vs -2159.30% net margin).

Metrics side by side

Valuation

Metric	TMC	USAR
P/S ratio	N/A	138.46
P/B ratio	N/A	0.72

Profitability

Metric	TMC	USAR
Gross margin	0.00%	-84.66%
Operating margin	0.00%	-3621.61%
Net margin	0.00%	-2159.30%
ROE	N/A	-11.20%
ROIC	-160.45%	-4.24%

Growth (annualized)

Metric	TMC	USAR
Revenue CAGR (5Y)	N/A	-57.64%
Total return CAGR (5Y)	-3.31%	N/A

Go deeper

Full TMC analysis Full USAR analysis Interactive comparison tool

Dig into the metrics

TMC the metals ROE USA Rare Earth ROE TMC the metals operating margin USA Rare Earth operating margin TMC the metals revenue growth USA Rare Earth revenue growth TMC the metals free cash flow USA Rare Earth 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 October 6, 2026.