MP Materials Corp. (MP) Return on Invested Capital (ROIC): -2.36%
Is MP Materials Corp.’s return on invested capital (ROIC) high or low?
MP Materials Corp.'s return on invested capital (ROIC) of -2.36% is 238% below its 5-year average of 1.71%, near the low end of its 5-year range (-5.47%–12.96%).
As of Friday, June 12, 2026. 39.72% above its 12-month average of -3.92%.
MP Return on Invested Capital (ROIC) Chart
MP Average Return on Invested Capital (ROIC) Chart
MP Current vs Average Return on Invested Capital (ROIC) Chart
MP Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
-2.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-3.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
1.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
1.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-1.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-1.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-1.40%
CURRENT VS TTM AVG
+39.72%
CURRENT VS 3Y AVG
-307.47%
CURRENT VS 5Y AVG
-237.74%
CURRENT VS 10Y AVG
-69.18%
CURRENT VS 15Y AVG
-69.18%
CURRENT VS 20Y AVG
-69.18%
MP Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MP Materials Corp. (MP) | $10.25B | -2.36% | -3.92% | 1.14% | 1.71% |
| United States Steel Corporation (X) | $12.42B | 1.24% | 5.50% | 14.46% | 8.82% |
| Alcoa Corporation (AA) | $18.20B | 6.12% | 3.51% | 1.90% | 2.78% |
| DuPont de Nemours, Inc. (DD) | $19.20B | 2.18% | 2.86% | 3.62% | 3.63% |
| International Flavors & Fragrances Inc. (IFF) | $20.02B | 3.19% | 2.91% | -1.44% | -0.11% |
| Vulcan Materials Company (VMC) | $36.36B | 8.02% | 7.30% | 6.97% | 6.71% |
| Nucor Corporation (NUE) | $59.42B | 6.74% | 7.30% | 14.93% | 15.58% |
| Air Products and Chemicals, Inc. (APD) | $63.08B | -1.82% | 4.05% | 5.72% | 6.36% |
| Ecolab Inc. (ECL) | $74.12B | 11.95% | 11.88% | 10.14% | 9.59% |
| The Sherwin-Williams Company (SHW) | $78.49B | 15.21% | 15.30% | 14.71% | 14.42% |
Capital Efficiency
ROIC
-2.4%
ROE
-3.0%
MP Materials Corp. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
MP Materials Corp. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for MP Materials Corp. (MP)?
- The return on invested capital (ROIC) for MP stock is -2.36%.
- Is MP Materials Corp.'s return on invested capital (ROIC) high or low?
- MP Materials Corp.'s return on invested capital (ROIC) of -2.36% is 238% below its 5-year average of 1.71%, near the low end of its 5-year range (-5.47%–12.96%).
- What is the TTM average return on invested capital (ROIC) for MP Materials Corp. (MP)?
- The TTM average return on invested capital (ROIC) for MP stock is -3.92%.
- What is the 3Y average return on invested capital (ROIC) for MP Materials Corp. (MP)?
- The 3Y average return on invested capital (ROIC) for MP stock is 1.14%.
- What is the 5Y average return on invested capital (ROIC) for MP Materials Corp. (MP)?
- The 5Y average return on invested capital (ROIC) for MP stock is 1.71%.
- What is the 10Y average return on invested capital (ROIC) for MP Materials Corp. (MP)?
- The 10Y average return on invested capital (ROIC) for MP stock is -1.40%.
- What is the 15Y average return on invested capital (ROIC) for MP Materials Corp. (MP)?
- The 15Y average return on invested capital (ROIC) for MP stock is -1.40%.
- What is the 20Y average return on invested capital (ROIC) for MP Materials Corp. (MP)?
- The 20Y average return on invested capital (ROIC) for MP stock is -1.40%.
MP Materials Corp. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | -2.36% |
| 2024-12-31 | -5.47% |
| 2023-12-31 | -0.58% |
| 2022-12-31 | 12.96% |
| 2021-12-31 | 7.55% |
| 2020-12-31 | -1.82% |
| 2019-12-31 | -10.14% |
| 2018-12-31 | -11.30% |
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