MP Materials (MP) Change in Taxes (2021 - 2023)
MP Materials' (MP) quarterly Change in Taxes came in at -$21.2 million in Q2 2023, down 303.37% YoY from $10.4 million in Q2 2022, and down 1057950.0% on a QoQ basis from -$2000.0 in Q1 2023.
MP Materials (MP) Change in Taxes (2021 - 2023) Analysis & Trends
MP Materials (MP) has 3 years of Change in Taxes data on file, last reported at -$21.2 million in Q2 2023.
- Quarterly Change in Taxes fell 303.37% year-over-year to -$21.2 million in Q2 2023, while the trailing twelve-month figure through Sep 2024 was -$21.2 million (changed N/A YoY) and the FY2025 annual result came in at $360000.0, changed N/A from the prior year.
- Change in Taxes eased to -$21.2 million in Q2 2023, from -$2000.0 in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $21.2 million in Q4 2022 to a low of -$21.2 million in Q2 2023.
- A 3-year average of $0.0 and a median of $890500.0 in 2022 frame the typical range for Change in Taxes.
- The widest YoY moves for Change in Taxes: up 556.69% in 2022, down 314.04% in 2022.
- Tracing MP's Change in Taxes over 3 years: stood at -$4.6 million in 2021, then jumped by 556.69% to $21.2 million in 2022, then slumped by 199.99% to -$21.2 million in 2023.
- The last three Change in Taxes figures came in at -$21.2 million (Q2 2023), -$2000.0 (Q1 2023), and $21.2 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 246.38 Bn | 216.93 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.91 Bn | 28.71 Bn | 1.21 Bn | -310.13 Mn |
| 4 | MP Materials | 10.71 Bn | 8.24 Bn | 36.20 Mn | - |
| 5 | Almonty Industries | 5.27 Bn | 4.38 Bn | 18.87 Mn | - |
| 6 | Materion | 4.79 Bn | 4.77 Bn | 104.34 Mn | - |
| 7 | USA Rare Earth | 4.43 Bn | 4.43 Bn | -1.58 Mn | - |
| 8 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | - |
| 9 | Evolution Metals & Technologies | 2.46 Bn | 2.46 Bn | -115,000.00 | - |
| 10 | TMC the metals | 2.15 Bn | 2.05 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -21.16 Mn |
| Jun 30, 2023 | -21.16 Mn |
| Mar 31, 2023 | -2,000.00 |
| Mar 31, 2023 | -2,000.00 |
| Dec 31, 2022 | 21.16 Mn |
| Dec 31, 2022 | 21.16 Mn |
| Jun 30, 2022 | -5.25 Mn |
| Jun 30, 2022 | -5.25 Mn |
| Mar 31, 2022 | 1.78 Mn |
| Mar 31, 2022 | 1.78 Mn |
| Dec 31, 2021 | -4.63 Mn |
| Dec 31, 2021 | -4.63 Mn |
| Sep 30, 2021 | 5.65 Mn |
| Sep 30, 2021 | 5.65 Mn |
| Jun 30, 2021 | 2.45 Mn |
| Jun 30, 2021 | 2.45 Mn |