MP Materials (MP) Asset Utilization Ratio (2020 - 2026)
MP Materials (MP) reported Asset Utilization Ratio of 0.07 for Q1 2026, down 28.15% on a YoY basis from 0.09 in Q1 2025, and up 12.68% quarter-over-quarter from 0.06 in Q4 2025.
MP Materials (MP) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
MP Materials has reported Asset Utilization Ratio for 7 years, with the latest figure at 0.07 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 28.15% year-over-year to 0.07; the trailing twelve-month figure through Mar 2026 stood at 0.07 (down 28.15% YoY), and the FY2025 full-year result was 0.07, down 17.04% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.07, up from 0.06 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.25 in Q2 2022, with the low at 0.06 in Q4 2025.
- Historically, Asset Utilization Ratio has averaged 0.13 across 5 years, with a median of 0.1 in 2025.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio jumped 106.7% — and 2024, when it slumped 56.48%.
- MP Materials' Asset Utilization Ratio 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 0.07 |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 1.04 |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 0.38 |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | - |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.12 |