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
DateValue
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