MP Materials Corp. (MP) Tax Rate: 27.09%
Is MP Materials Corp.’s tax rate high or low?
MP Materials Corp.'s tax rate of 27.09% is in line with its 5-year average of 26.53%, around the middle of its 5-year range (15.29%–44.69%).
4.95% below its 12-month average of 28.50%.
MP Tax Rate Chart
MP Average Tax Rate Chart
MP Current vs Average Tax Rate Chart
MP Tax Rate Metrics
TAX RATE
27.09%
TAX RATE AVG TTM
28.50%
TAX RATE AVG 3Y
24.70%
TAX RATE AVG 5Y
26.53%
TAX RATE AVG 10Y
19.90%
TAX RATE AVG 15Y
19.90%
TAX RATE AVG 20Y
19.90%
CURRENT VS TTM AVG
-4.95%
CURRENT VS 3Y AVG
+9.68%
CURRENT VS 5Y AVG
+2.10%
CURRENT VS 10Y AVG
+36.16%
CURRENT VS 15Y AVG
+36.16%
CURRENT VS 20Y AVG
+36.16%
MP Materials Corp. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
MP Materials Corp. Tax Rate FAQ
- What is the tax rate for MP Materials Corp. (MP)?
- The tax rate for MP stock is 27.09%.
- Is MP Materials Corp.'s tax rate high or low?
- MP Materials Corp.'s tax rate of 27.09% is in line with its 5-year average of 26.53%, around the middle of its 5-year range (15.29%–44.69%).
- What is the TTM average tax rate for MP Materials Corp. (MP)?
- The TTM average tax rate for MP stock is 28.50%.
- What is the 3Y average tax rate for MP Materials Corp. (MP)?
- The 3Y average tax rate for MP stock is 24.70%.
- What is the 5Y average tax rate for MP Materials Corp. (MP)?
- The 5Y average tax rate for MP stock is 26.53%.
- What is the 10Y average tax rate for MP Materials Corp. (MP)?
- The 10Y average tax rate for MP stock is 19.90%.
- What is the 15Y average tax rate for MP Materials Corp. (MP)?
- The 15Y average tax rate for MP stock is 19.90%.
- What is the 20Y average tax rate for MP Materials Corp. (MP)?
- The 20Y average tax rate for MP stock is 19.90%.
MP Materials Corp. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 27.09% |
| 2024-12-31 | 29.91% |
| 2023-12-31 | 26.51% |
| 2022-12-31 | 15.29% |
| 2021-12-31 | 15.70% |
| 2020-12-31 | 44.69% |
| 2019-12-31 | -0.01% |
| 2018-12-31 | -0.01% |
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