MP Materials Corp. (MP) Current Ratio: 7.24
Is MP Materials Corp.’s current ratio high or low?
MP Materials Corp.'s current ratio of 7.24 is 39% below its 5-year average of 11.95, near the low end of its 5-year range (6.29–21.44).
As of Friday, June 12, 2026. 7.02% above its 12-month average of 6.77.
MP Current Ratio Chart
MP Average Current Ratio Chart
MP Current vs Average Current Ratio Chart
MP Current Ratio Metrics
CURRENT RATIO
7.24
CURRENT RATIO AVG TTM
6.77
CURRENT RATIO AVG 3Y
9.30
CURRENT RATIO AVG 5Y
11.95
CURRENT RATIO AVG 10Y
9.17
CURRENT RATIO AVG 15Y
9.17
CURRENT RATIO AVG 20Y
9.17
CURRENT VS TTM AVG
+7.02%
CURRENT VS 3Y AVG
-22.19%
CURRENT VS 5Y AVG
-39.41%
CURRENT VS 10Y AVG
-21.01%
CURRENT VS 15Y AVG
-21.01%
CURRENT VS 20Y AVG
-21.01%
MP Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MP Materials Corp. (MP) | $10.25B | 7.24 | 6.77 | 9.30 | 11.95 |
| United States Steel Corporation (X) | $12.42B | 1.55 | 1.66 | 1.79 | 1.71 |
| Alcoa Corporation (AA) | $18.20B | 1.44 | 1.44 | 1.52 | 1.55 |
| DuPont de Nemours, Inc. (DD) | $19.20B | 2.42 | 1.88 | 2.30 | 2.41 |
| International Flavors & Fragrances Inc. (IFF) | $20.02B | 1.42 | 1.63 | 1.73 | 1.74 |
| Vulcan Materials Company (VMC) | $36.36B | 2.69 | 2.26 | 2.42 | 2.34 |
| Nucor Corporation (NUE) | $59.42B | 2.94 | 2.72 | 3.10 | 3.08 |
| Air Products and Chemicals, Inc. (APD) | $63.08B | 1.38 | 1.45 | 1.51 | 2.10 |
| Ecolab Inc. (ECL) | $74.12B | 1.08 | 1.17 | 1.24 | 1.33 |
| The Sherwin-Williams Company (SHW) | $78.49B | 0.87 | 0.83 | 0.87 | 0.89 |
Liquidity Analysis
Current Ratio
7.24
Quick Ratio
6.67
MP Materials Corp. Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
MP Materials Corp. Current Ratio FAQ
- What is the current ratio for MP Materials Corp. (MP)?
- The current ratio for MP stock is 7.24.
- Is MP Materials Corp.'s current ratio high or low?
- MP Materials Corp.'s current ratio of 7.24 is 39% below its 5-year average of 11.95, near the low end of its 5-year range (6.29–21.44).
- What is the TTM average current ratio for MP Materials Corp. (MP)?
- The TTM average current ratio for MP stock is 6.77.
- What is the 3Y average current ratio for MP Materials Corp. (MP)?
- The 3Y average current ratio for MP stock is 9.30.
- What is the 5Y average current ratio for MP Materials Corp. (MP)?
- The 5Y average current ratio for MP stock is 11.95.
- What is the 10Y average current ratio for MP Materials Corp. (MP)?
- The 10Y average current ratio for MP stock is 9.17.
- What is the 15Y average current ratio for MP Materials Corp. (MP)?
- The 15Y average current ratio for MP stock is 9.17.
- What is the 20Y average current ratio for MP Materials Corp. (MP)?
- The 20Y average current ratio for MP stock is 9.17.
MP Materials Corp. Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-12-31 | 7.24 |
| 2024-12-31 | 6.29 |
| 2023-12-31 | 10.42 |
| 2022-12-31 | 13.27 |
| 2021-12-31 | 21.44 |
| 2020-12-31 | 13.03 |
| 2019-12-31 | 0.88 |
| 2018-12-31 | 0.76 |
Related Metrics
About MP Materials Corp.
MP Materials Corp. manages and operates facilities dedicated to the extraction and refinement of rare earth elements. The company's primary asset is the Mountain Pass Rare Earth mine, a key operation situated within the Western Hemisphere. MP Materials holds comprehensive mineral rights for this significant deposit and its surrounding areas, alongside proprietary intellectual property essential for the ongoing processing and technological development of rare earth minerals. Its product offerings include critical elements such as cerium, lanthanum, neodymium, praseodymium, and samarium. Established in 2017, the company is headquartered in Las Vegas, Nevada.
- Sector
- Basic Materials
- Industry
- Industrial Materials
- CEO
- James Henry Litinsky