MP Materials (MP) Cash & Equivalents (2019 - 2026)
MP Materials (MP) reported Cash & Equivalents of $429.08 million for Q2 2026, up 64.1% from $261.54 million a year earlier but down 51.6% from the prior quarter.
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Analysis
MP Materials (MP) Cash & Equivalents (2019 - 2026) Analysis & Trends
At the end of FY2025, MP Materials posted Cash & Equivalents of $1.17 billion, up 312.8% from FY2024.
- Cash & Equivalents has increased for three consecutive years, with a five-year compound annual growth rate of 17.5% (FY2020 to FY2025).
- By year, Cash & Equivalents came in at $282.44 million in FY2024 (+7.2%), $263.35 million in FY2023 (+92.8%), $136.63 million in FY2022 (-88.4%) and $1.18 billion in FY2021 (+126.9%).
- Five-year quarterly Cash & Equivalents spans a low of $136.63 million in Q4 2022 and a high of $1.23 billion in Q1 2022.
- Year over year, Cash & Equivalents has now increased in each of the last four quarters, with growth averaging 117.7% over the last eight quarters.
- The high point for year-over-year Cash & Equivalents in five years was Q1 2026 (growth of 346.8%); the low point was Q4 2022 (a decline of 88.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $886.28 million (Q1 2026), $1.17 billion (Q4 2025) and $1.15 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | 8.91 Bn |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 5.67 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 9.01 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 9.87 Bn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 4.08 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 3.46 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 5.93 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 2.48 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 4.85 Bn |
| 10 | MP Materials | 8.42 Bn | 6.97 Bn | 36.20 Mn | 429.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 429.08 Mn |
| Mar 31, 2026 | 886.28 Mn |
| Dec 31, 2025 | 1.17 Bn |
| Sep 30, 2025 | 1.15 Bn |
| Jun 30, 2025 | 261.54 Mn |
| Mar 31, 2025 | 198.34 Mn |
| Dec 31, 2024 | 282.44 Mn |
| Sep 30, 2024 | 284.43 Mn |
| Jun 30, 2024 | 295.60 Mn |
| Mar 31, 2024 | 296.47 Mn |
| Dec 31, 2023 | 263.35 Mn |
| Sep 30, 2023 | 547.67 Mn |
| Jun 30, 2023 | 927.25 Mn |
| Mar 31, 2023 | 651.22 Mn |
| Dec 31, 2022 | 136.63 Mn |
| Sep 30, 2022 | 427.97 Mn |
| Jun 30, 2022 | 664.46 Mn |
| Mar 31, 2022 | 1.23 Bn |
| Dec 31, 2021 | 1.18 Bn |
| Sep 30, 2021 | 1.18 Bn |
API Access
MP Materials Cash & Equivalents 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-equivalents&ticker=MP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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-equivalents&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();