MP Materials (MP) Asset Utilization Ratio (2020 - 2026)
MP Materials' (MP) quarterly Asset Utilization Ratio came in at 0.07 in Q1 2026, down 28.15% YoY from 0.09 in Q1 2025, and up 12.68% on a QoQ basis from 0.06 in Q4 2025.
MP Materials (MP) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
MP Materials (MP) has 7 years of Asset Utilization Ratio data on file, last reported at 0.07 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 28.15% year-over-year to 0.07 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.07 (down 28.15% YoY) and the FY2025 annual result came in at 0.07, down 17.04% from the prior year.
- Asset Utilization Ratio rose to 0.07 in Q1 2026, from 0.06 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.25 in Q2 2022 to a low of 0.06 in Q4 2025.
- A 5-year average of 0.13 and a median of 0.1 in 2025 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 107.69% — and 2024, when it slumped 56.48%.
- Tracing MP's Asset Utilization Ratio over 5 years: stood at 0.24 in 2022, then slumped by 54.34% to 0.11 in 2023, then decreased by 19.14% to 0.09 in 2024, then slumped by 33.42% to 0.06 in 2025, then gained by 12.68% to 0.07 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.07 (Q1 2026), 0.06 (Q4 2025), and 0.08 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | 0.72 |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | 0.08 |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | - |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 1.12 |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | - |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | - |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | - |
| 10 | Nexa Resources | 1.86 Bn | 1.47 Bn | 257.20 Mn | 0.65 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.08 |
| Mar 31, 2026 | 0.07 |
| Dec 31, 2025 | 0.06 |
| Sep 30, 2025 | 0.08 |
| Jun 30, 2025 | 0.10 |
| Mar 31, 2025 | 0.09 |
| Dec 31, 2024 | 0.09 |
| Sep 30, 2024 | 0.08 |
| Jun 30, 2024 | 0.07 |
| Mar 31, 2024 | 0.09 |
| Dec 31, 2023 | 0.11 |
| Sep 30, 2023 | 0.13 |
| Jun 30, 2023 | 0.17 |
| Mar 31, 2023 | 0.20 |
| Dec 31, 2022 | 0.24 |
| Sep 30, 2022 | 0.25 |
| Jun 30, 2022 | 0.25 |
| Mar 31, 2022 | 0.23 |
| Dec 31, 2021 | 0.18 |
| Sep 30, 2021 | 0.15 |