MP Materials Corp. (MP)

MP Balance Sheet

Assets, liabilities, and equity analysis

MP Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	2.047B	2.047B	2.166B	2.174B	960.395M	1.023B	1.031B	1.017B	1.091B
Cash & Cash Equivalents	887.092M	887.092M	1.166B	1.147B	261.535M	198.343M	282.442M	284.434M	296.691M
Short-Term Investments	852.058M	852.058M	664.275M	793.217M	492.122M	560.814M	568.426M	582.056M	641.398M
Cash & Short-Term Investments	1.739B	1.739B	1.830B	1.940B	753.657M	759.157M	850.868M	866.490M	938.089M
Accounts Receivable	119.272M	119.272M	146.684M	14.792M	64.899M	112.729M	62.345M	22.395M	27.830M
Inventory	169.192M	169.192M	171.560M	144.366M	128.048M	133.084M	107.905M	116.699M	115.384M
Total Assets	3.840B	3.840B	4.010B	3.798B	2.336B	2.368B	2.334B	2.300B	2.364B
Property, Plant & Equipment	1.453B	1.453B	1.383B	1.306B	1.299B	1.288B	1.260B	1.240B	1.227B
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	0.00	0.00	6.175M	6.473M	6.772M	7.071M	7.370M	7.970M	8.283M
Long-Term Investments	0.00	0.00	538K	0.00	0.00	0.00	0.00	8.962M	9.688M
Total Current Liabilities	285.252M	285.252M	299.049M	270.177M	266.867M	248.207M	164.019M	146.789M	158.078M
Accounts Payable	32.988M	32.988M	36.655M	25.382M	21.726M	20.867M	23.562M	21.711M	19.755M
Short-Term Debt	76.214M	76.214M	74.531M	71.292M	67.434M	67.346M	0.00	0.00	1.187M
Total Liabilities	1.459B	1.459B	1.618B	1.420B	1.326B	1.332B	1.279B	1.236B	1.255B
Long-Term Debt	958.224M	958.224M	960.125M	951.138M	843.369M	842.415M	908.729M	937.634M	936.610M
Total Debt	1.048B	1.048B	1.043B	1.035B	916.819M	916.151M	914.527M	943.650M	944.399M
Net Debt (Cash)	160.862M	160.862M	-122.926M	-112.278M	655.284M	717.808M	632.085M	659.216M	647.708M
Total Shareholders' Equity	2.381B	2.381B	2.392B	2.378B	1.011B	1.036B	1.055B	1.065B	1.109B
Common Stock	19K	19K	19K	19K	18K	18K	18K	18K	18K
Retained Earnings	226.460M	226.460M	234.428M	225.002M	266.782M	297.654M	320.302M	342.644M	368.160M
Current Ratio	7.18	7.18	7.24	8.05	3.60	4.12	6.29	6.93	6.90
Debt to Equity Ratio	0.44	0.44	0.44	0.44	0.91	0.88	0.87	0.89	0.85

MP Annual Balance Sheet (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	2.166B	1.031B	1.131B	1.294B	1.277B	561.047M	27.409M	17.478M
Cash & Cash Equivalents	1.166B	282.442M	263.351M	136.627M	1.179B	519.652M	2.757M	2.832M
Short-Term Investments	664.275M	568.426M	734.493M	1.046B	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	1.830B	850.868M	997.844M	1.182B	1.179B	519.652M	2.757M	2.832M
Accounts Receivable	146.684M	62.345M	30.161M	32.856M	51.009M	3.589M	370K	225K
Inventory	171.560M	107.905M	95.182M	57.554M	38.692M	32.272M	23.048M	13.474M
Total Assets	4.010B	2.334B	2.336B	2.238B	1.890B	1.074B	101.794M	96.270M
Property, Plant & Equipment	1.383B	1.260B	1.168B	935.842M	610.612M	503.002M	46.972M	52.934M
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	6.175M	7.370M	8.881M	89K	0.00	0.00	0.00	0.00
Long-Term Investments	538K	0.00	9.673M	0.00	0.00	0.00	0.00	0.00
Total Current Liabilities	299.049M	164.019M	108.550M	97.481M	59.543M	43.061M	31.315M	23.047M
Accounts Payable	36.655M	23.562M	27.995M	15.326M	35.734M	16.159M	0.00	7.790M
Short-Term Debt	74.531M	0.00	0.00	0.00	16.082M	24.473M	4.484M	5.397M
Total Liabilities	1.618B	1.279B	970.673M	925.153M	880.934M	220.411M	119.816M	107.537M
Long-Term Debt	960.125M	908.729M	681.980M	678.444M	674.927M	45.341M	13.594M	15.530M
Total Debt	1.043B	914.527M	688.809M	678.459M	691.817M	70.816M	18.671M	20.927M
Net Debt (Cash)	-122.926M	632.085M	425.458M	541.832M	-487.480M	-448.836M	15.914M	18.095M
Total Shareholders' Equity	2.392B	1.055B	1.366B	1.313B	1.009B	853.877M	-18.022M	-11.267M
Common Stock	19K	18K	17K	18K	18K	17K	7K	20.500M
Retained Earnings	234.428M	320.302M	385.726M	361.419M	72.415M	-62.622M	-40.797M	-34.042M
Current Ratio	7.24	6.29	10.42	13.27	21.44	13.03	0.88	0.76
Debt to Equity Ratio	0.44	0.87	0.50	0.52	0.69	0.08	-1.04	-1.86

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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.

Las Vegas, NV

804 employees

mpmaterials.com

Basic Materials / Industrial Materials

Sector: Basic Materials
Industry: Industrial Materials
CEO: James Henry Litinsky

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