MP Materials (MP) Current Assets (2019 - 2026)
MP Materials' (MP) quarterly Current Assets came in at $2.0 billion in Q1 2026, up 100.11% YoY from $1.0 billion in Q1 2025, and down 5.49% on a QoQ basis from $2.2 billion in Q4 2025.
MP Materials (MP) Current Assets (2019 - 2026) Analysis & Trends
MP Materials (MP) has 8 years of Current Assets data on file, last reported at $2.0 billion in Q1 2026.
- Quarterly Current Assets rose 100.11% year-over-year to $2.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.0 billion (up 100.11% YoY) and the FY2025 annual result came in at $2.2 billion, up 110.0% from the prior year.
- Current Assets declined to $2.0 billion in Q1 2026, from $2.2 billion in the prior quarter.
- In the past five years, Current Assets ranged from a high of $2.2 billion in Q3 2025 to a low of $960.4 million in Q2 2025.
- A 5-year average of $1.3 billion and a median of $1.2 billion in 2023 frame the typical range for Current Assets.
- Annual changes were most pronounced in 2024 — Current Assets fell 14.4% — and 2025, when it surged 113.76%.
- Tracing MP's Current Assets over 5 years: stood at $1.3 billion in 2022, then fell by 12.57% to $1.1 billion in 2023, then declined by 8.83% to $1.0 billion in 2024, then jumped by 110.0% to $2.2 billion in 2025, then fell by 5.49% to $2.0 billion in 2026.
- The last three Current Assets figures came in at $2.0 billion (Q1 2026), $2.2 billion (Q4 2025), and $2.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | 31.03 Bn |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | 22.13 Bn |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | 8.82 Bn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | 1.75 Bn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 909.72 Mn |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 869.96 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | - |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | 1.67 Bn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | 14.70 Mn |
| 10 | Nexa Resources | 1.86 Bn | 1.47 Bn | 257.20 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.75 Bn |
| Mar 31, 2026 | 2.05 Bn |
| Dec 31, 2025 | 2.17 Bn |
| Sep 30, 2025 | 2.17 Bn |
| Jun 30, 2025 | 960.40 Mn |
| Mar 31, 2025 | 1.02 Bn |
| Dec 31, 2024 | 1.03 Bn |
| Sep 30, 2024 | 1.02 Bn |
| Jun 30, 2024 | 1.09 Bn |
| Mar 31, 2024 | 1.11 Bn |
| Dec 31, 2023 | 1.13 Bn |
| Sep 30, 2023 | 1.19 Bn |
| Jun 30, 2023 | 1.22 Bn |
| Mar 31, 2023 | 1.27 Bn |
| Dec 31, 2022 | 1.29 Bn |
| Sep 30, 2022 | 1.36 Bn |
| Jun 30, 2022 | 1.35 Bn |
| Mar 31, 2022 | 1.32 Bn |
| Dec 31, 2021 | 1.28 Bn |
| Sep 30, 2021 | 1.26 Bn |