MP Materials (MP) Assets (2019 - 2026)

MP Materials (MP) reported Assets of $3.8 billion for Q1 2026, up 62.16% on a YoY basis from $2.4 billion in Q1 2025, and down 0.62% quarter-over-quarter from $3.9 billion in Q4 2025.

MP Materials (MP) Assets (2019 - 2026) Analysis & Trends

MP Materials has reported Assets for 8 years, with the latest figure at $3.8 billion in Q1 2026.

  • For the quarter ending Q1 2026, Assets rose 62.16% year-over-year to $3.8 billion; the trailing twelve-month figure through Mar 2026 stood at $3.8 billion (up 62.16% YoY), and the FY2025 full-year result was $3.9 billion, up 65.59% from the prior year.
  • Assets for Q1 2026 stood at $3.8 billion, down from $3.9 billion in the prior quarter.
  • The five-year high for Assets was $3.9 billion in Q4 2025, with the low at $2.0 billion in Q1 2022.
  • Historically, Assets has averaged $2.5 billion across 5 years, with a median of $2.3 billion in 2024.
  • The largest YoY upside for Assets was 65.59% in 2025 against a maximum downside of 1.19% in 2025.
  • MP Materials' Assets stood at $2.2 billion in 2022, then increased by 4.41% to $2.3 billion in 2023, then decreased by 0.12% to $2.3 billion in 2024, then jumped by 65.59% to $3.9 billion in 2025, then decreased by 0.62% to $3.8 billion in 2026.
  • The last three Assets figures came in at $3.8 billion (Q1 2026), $3.9 billion (Q4 2025), and $3.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Assets (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 418.02 Mn
2 Bhp 421.29 Bn 411.77 Bn - 116.01 Bn
3 Skeena Resources 17.36 Bn 17.34 Bn - 825.42 Mn
4 Ioneer 10.78 Bn 10.76 Bn - 232.54 Mn
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 3.84 Bn
6 Iperionx 8.57 Bn 8.52 Bn - 129.16 Mn
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 1.88 Bn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 325.35 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -
10 USA Rare Earth 2.20 Bn 2.20 Bn - 695.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.84 Bn
Dec 31, 2025 3.86 Bn
Sep 30, 2025 3.80 Bn
Jun 30, 2025 2.34 Bn
Mar 31, 2025 2.37 Bn
Dec 31, 2024 2.33 Bn
Sep 30, 2024 2.30 Bn
Jun 30, 2024 2.36 Bn
Mar 31, 2024 2.35 Bn
Dec 31, 2023 2.34 Bn
Sep 30, 2023 2.32 Bn
Jun 30, 2023 2.29 Bn
Mar 31, 2023 2.28 Bn
Dec 31, 2022 2.24 Bn
Sep 30, 2022 2.19 Bn
Jun 30, 2022 2.10 Bn
Mar 31, 2022 1.99 Bn
Dec 31, 2021 1.89 Bn
Sep 30, 2021 1.85 Bn
Jun 30, 2021 1.82 Bn