MP Materials Corp. (MP) Gross Margin: 24.16%
Is MP Materials Corp.’s gross margin high or low?
MP Materials Corp.'s gross margin of 24.16% is 28% below its 5-year average of 33.72%, around the middle of its 5-year range (-32.76%–79.04%).
As of Friday, June 12, 2026. 237.43% above its 12-month average of -17.58%.
MP Gross Margin Chart
MP Average Gross Margin Chart
MP Current vs Average Gross Margin Chart
MP Gross Margin Metrics
GROSS MARGIN
24.16%
GROSS MARGIN AVG TTM
-17.58%
GROSS MARGIN AVG 3Y
21.33%
GROSS MARGIN AVG 5Y
33.72%
GROSS MARGIN AVG 10Y
28.12%
GROSS MARGIN AVG 15Y
28.12%
GROSS MARGIN AVG 20Y
28.12%
CURRENT VS TTM AVG
+237.43%
CURRENT VS 3Y AVG
+13.27%
CURRENT VS 5Y AVG
-28.36%
CURRENT VS 10Y AVG
-14.09%
CURRENT VS 15Y AVG
-14.09%
CURRENT VS 20Y AVG
-14.09%
MP Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MP Materials Corp. (MP) | $10.25B | 24.16% | -17.58% | 21.33% | 33.72% |
| United States Steel Corporation (X) | $12.42B | 7.57% | 11.28% | 17.81% | 13.29% |
| Alcoa Corporation (AA) | $18.20B | 15.20% | 14.62% | 11.66% | 12.65% |
| DuPont de Nemours, Inc. (DD) | $19.20B | 33.79% | 30.91% | 30.71% | 30.89% |
| International Flavors & Fragrances Inc. (IFF) | $20.02B | 36.35% | 36.03% | 34.38% | 35.10% |
| Vulcan Materials Company (VMC) | $36.36B | 27.61% | 27.13% | 25.15% | 25.29% |
| Nucor Corporation (NUE) | $59.42B | 13.98% | 12.64% | 19.48% | 19.86% |
| Air Products and Chemicals, Inc. (APD) | $63.08B | 31.98% | 31.95% | 30.06% | 30.75% |
| Ecolab Inc. (ECL) | $74.12B | 44.29% | 43.99% | 41.63% | 41.51% |
| The Sherwin-Williams Company (SHW) | $78.49B | 49.12% | 48.70% | 46.55% | 46.05% |
Gross Margin Analysis
Gross Margin
24.2%
(Revenue - COGS) / Revenue
MP Materials Corp. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
MP Materials Corp. Gross Margin FAQ
- What is the gross margin for MP Materials Corp. (MP)?
- The gross margin for MP stock is 24.16%.
- Is MP Materials Corp.'s gross margin high or low?
- MP Materials Corp.'s gross margin of 24.16% is 28% below its 5-year average of 33.72%, around the middle of its 5-year range (-32.76%–79.04%).
- What is the TTM average gross margin for MP Materials Corp. (MP)?
- The TTM average gross margin for MP stock is -17.58%.
- What is the 3Y average gross margin for MP Materials Corp. (MP)?
- The 3Y average gross margin for MP stock is 21.33%.
- What is the 5Y average gross margin for MP Materials Corp. (MP)?
- The 5Y average gross margin for MP stock is 33.72%.
- What is the 10Y average gross margin for MP Materials Corp. (MP)?
- The 10Y average gross margin for MP stock is 28.12%.
- What is the 15Y average gross margin for MP Materials Corp. (MP)?
- The 15Y average gross margin for MP stock is 28.12%.
- What is the 20Y average gross margin for MP Materials Corp. (MP)?
- The 20Y average gross margin for MP stock is 28.12%.
MP Materials Corp. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | -2.40% |
| 2024-12-31 | -32.76% |
| 2023-12-31 | 41.44% |
| 2022-12-31 | 79.04% |
| 2021-12-31 | 69.68% |
| 2020-12-31 | 47.34% |
| 2019-12-31 | 7.60% |
| 2018-12-31 | 15.03% |
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