MP Materials (MP) Current Assets (2019 - 2026)
MP Materials (MP) posted Current Assets of $1.75 billion for Q2 2026, up 81.7% from $960.4 million a year earlier but down 14.7% from the prior quarter.
MP Materials (MP) Current Assets (2019 - 2026) Analysis & Trends
At the end of FY2025, MP Materials' Current Assets came in at $2.17 billion, up 110.0% from FY2024.
- Annual Current Assets shows a five-year compound annual growth rate of 31.0% (FY2020 to FY2025).
- In prior years, MP Materials' Current Assets was $1.03 billion in FY2024 (-8.8%), $1.13 billion in FY2023 (-12.6%), $1.29 billion in FY2022 (+1.3%) and $1.28 billion in FY2021 (+127.6%).
- Quarterly Current Assets has run from a low of $960.4 million in Q2 2025 to a high of $2.17 billion in Q3 2025 over five years.
- On a year-over-year basis, Current Assets has increased in each of the last four quarters, with growth averaging 45.4% over the last eight quarters.
- The strongest year-over-year quarter for Current Assets in the past five years was Q4 2021, with growth of 127.6%; the weakest was Q3 2024, with a decline of 14.4%.
- According to Business Quant data, Current Assets for the three prior quarters was $2.05 billion (Q1 2026), $2.17 billion (Q4 2025) and $2.17 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | 22.13 Bn |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 10.79 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 13.31 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 9.87 Bn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 14.17 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 5.52 Bn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 9.65 Bn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 13.16 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 31.99 Bn |
| 10 | MP Materials | 8.27 Bn | 6.81 Bn | 36.20 Mn | 1.75 Bn |
Historic 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 |
MP Materials Current 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=current-assets&ticker=MP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-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=current-assets&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();