MP Materials (MP) Cash & Current Investments (2019 - 2026)
MP Materials (MP) reported Cash & Current Investments of $1.45 billion for Q2 2026, up 92.7% from $753.66 million a year earlier but down 16.4% from the prior quarter.
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Analysis
MP Materials (MP) Cash & Current Investments (2019 - 2026) Analysis & Trends
At the end of FY2025, MP Materials posted Cash & Current Investments of $1.83 billion, up 115.1% from FY2024.
- Cash & Current Investments has a five-year compound annual growth rate of 28.6% (FY2020 to FY2025).
- By year, Cash & Current Investments came in at $850.87 million in FY2024 (-14.7%), $997.84 million in FY2023 (-15.6%), $1.18 billion in FY2022 (+0.3%) and $1.18 billion in FY2021 (+126.9%).
- Five-year quarterly Cash & Current Investments spans a low of $753.66 million in Q2 2025 and a high of $1.94 billion in Q3 2025.
- Year over year, Cash & Current Investments has now increased in each of the last four quarters, with growth averaging 48.3% over the last eight quarters.
- The high point for year-over-year Cash & Current Investments in five years was Q1 2026 (growth of 129.0%); the low point was Q3 2024 (a decline of 20.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.74 billion (Q1 2026), $1.83 billion (Q4 2025) and $1.94 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Current Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | 10.62 Bn |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | 7.33 Bn |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 9.01 Bn |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 9.87 Bn |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 4.08 Bn |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 5.93 Bn |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 2.69 Bn |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 5.30 Bn |
| 10 | MP Materials | 8.36 Bn | 6.91 Bn | 36.20 Mn | 1.45 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.45 Bn |
| Mar 31, 2026 | 1.74 Bn |
| Dec 31, 2025 | 1.83 Bn |
| Sep 30, 2025 | 1.94 Bn |
| Jun 30, 2025 | 753.66 Mn |
| Mar 31, 2025 | 759.16 Mn |
| Dec 31, 2024 | 850.87 Mn |
| Sep 30, 2024 | 866.49 Mn |
| Jun 30, 2024 | 937.00 Mn |
| Mar 31, 2024 | 946.77 Mn |
| Dec 31, 2023 | 997.84 Mn |
| Sep 30, 2023 | 1.08 Bn |
| Jun 30, 2023 | 1.13 Bn |
| Mar 31, 2023 | 1.17 Bn |
| Dec 31, 2022 | 1.18 Bn |
| Sep 30, 2022 | 1.26 Bn |
| Jun 30, 2022 | 1.26 Bn |
| Mar 31, 2022 | 1.23 Bn |
| Dec 31, 2021 | 1.18 Bn |
| Sep 30, 2021 | 1.18 Bn |
API Access
MP Materials Cash & Current Investments 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=cash-and-current-investments&ticker=MP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-current-investments", "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=cash-and-current-investments&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();