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MP Materials Corp. (MP)
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MP Materials Corp. (MP) Operating Margin: -39.42%

Is MP Materials Corp.’s operating margin high or low?

MP Materials Corp.'s operating margin of -39.42% is 386% below its 5-year average of -8.10%, around the middle of its 5-year range (-83.11%–62.07%).

As of Wednesday, June 17, 2026. 38.25% above its 12-month average of -63.84%.

MP Operating Margin Chart

MP Operating Margin
-44.57%+46.37% 1Y
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MP Average Operating Margin Chart

MP Current vs Average Operating Margin Chart

MP Operating Margin Metrics

OPERATING MARGIN

-39.42%

OPERATING MARGIN AVG TTM

-63.84%

OPERATING MARGIN AVG 3Y

-18.15%

OPERATING MARGIN AVG 5Y

-8.10%

OPERATING MARGIN AVG 10Y

N/A

OPERATING MARGIN AVG 15Y

N/A

OPERATING MARGIN AVG 20Y

N/A

CURRENT VS TTM AVG

+38.25%

CURRENT VS 3Y AVG

-117.19%

CURRENT VS 5Y AVG

-386.37%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

MP Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
MP Materials Corp. (MP)$10.83B-39.42%-63.84%-18.15%-8.10%
United States Steel Corporation (X)vs ›$12.42B-2.36%6.03%12.42%7.18%
The Mosaic Company (MOS)vs ›$7.17B3.71%7.15%12.27%12.31%
Alcoa Corporation (AA)vs ›$16.30B3.82%7.74%7.14%8.88%
CEMEX, S.A.B. de C.V. (CX)vs ›$18.28B12.07%11.22%10.89%8.53%
International Flavors & Fragrances Inc. (IFF)vs ›$19.48B7.56%7.20%-3.66%0.25%
DuPont de Nemours, Inc. (DD)vs ›$19.66B15.35%13.66%14.27%14.36%
Dow Inc. (DOW)vs ›$23.42B-2.31%2.73%5.11%6.91%
Nutrien Ltd. (NTR)vs ›$30.93B14.15%12.88%16.89%14.85%
Vulcan Materials Company (VMC)vs ›$38.25B20.62%19.23%17.45%17.74%

Operating Efficiency

Gross Margin

24.2%

Operating Margin

-39.4%

MP Materials Corp. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

MP Materials Corp. Operating Margin FAQ

What is the operating margin for MP Materials Corp. (MP)?
The operating margin for MP stock is -39.42%.
Is MP Materials Corp.'s operating margin high or low?
MP Materials Corp.'s operating margin of -39.42% is 386% below its 5-year average of -8.10%, around the middle of its 5-year range (-83.11%–62.07%).
What is the TTM average operating margin for MP Materials Corp. (MP)?
The TTM average operating margin for MP stock is -63.84%.
What is the 3Y average operating margin for MP Materials Corp. (MP)?
The 3Y average operating margin for MP stock is -18.15%.
What is the 5Y average operating margin for MP Materials Corp. (MP)?
The 5Y average operating margin for MP stock is -8.10%.

MP Materials Corp. Operating Margin History

DATEOPERATING MARGIN
2025-12-31-44.57%
2024-12-31-83.11%
2023-12-31-6.99%
2022-12-3162.07%
2021-12-3149.81%
2020-12-31-25.84%
2019-12-31-10.38%
2018-12-31-13.18%

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