MP Materials (MP) Assets (2019 - 2026)
MP Materials (MP) recorded Assets of $3.73 billion in Q2 2026, up 59.5% from $2.34 billion a year earlier but down 3.0% from the prior quarter.
Powered by 
Analysis
MP Materials (MP) Assets (2019 - 2026) Analysis & Trends
At the end of FY2025, MP Materials reported Assets of $3.86 billion, up 65.6% from FY2024.
- Annual Assets has a five-year compound annual growth rate of 29.2% (FY2020 to FY2025).
- Across earlier years, Assets came in at $2.33 billion in FY2024 (-0.1%), $2.34 billion in FY2023 (+4.4%), $2.24 billion in FY2022 (+18.4%) and $1.89 billion in FY2021 (+75.9%).
- Quarterly Assets has ranged from $1.85 billion in Q3 2021 to $3.86 billion in Q4 2025 over the past five years.
- On a year-over-year basis, Assets has increased for four consecutive quarters, with growth averaging 31.3% over the last eight quarters.
- Peak year-over-year performance for Assets in the last five years was growth of 434.0% in Q3 2021, against a decline of 1.2% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.84 billion (Q1 2026), $3.86 billion (Q4 2025) and $3.8 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | 133.50 Bn |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 24.13 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 57.64 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 24.55 Bn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 59.73 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 37.80 Bn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 52.35 Bn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 36.95 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 99.15 Bn |
| 10 | MP Materials | 8.27 Bn | 6.81 Bn | 36.20 Mn | 3.73 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.73 Bn |
| 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 |
API Access
MP Materials Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=assets&ticker=MP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "assets", "ticker": "MP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=assets&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();