MP Materials (MP) Current Leases (2019 - 2023)
MP Materials' (MP) quarterly Current Leases came in at $728000.0 in Q3 2023, up 135.6% on a QoQ basis from $309000.0 in Q2 2023.
MP Materials (MP) Current Leases (2019 - 2023) Analysis & Trends
MP Materials (MP) has 5 years of Current Leases data on file, last reported at $728000.0 in Q3 2023.
- Quarterly Current Leases changed N/A year-over-year to $728000.0 in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $728000.0 (changed N/A YoY) and the FY2022 annual result came in at $84000.0, down 66.93% from the prior year.
- Current Leases advanced to $728000.0 in Q3 2023, from $309000.0 in the prior quarter.
- In the past five years, Current Leases ranged from a high of $728000.0 in Q3 2023 to a low of $84000.0 in Q4 2022.
- A 5-year average of $291555.6 and a median of $256000.0 in 2021 frame the typical range for Current Leases.
- Annual changes were most pronounced in 2020 — Current Leases surged 37.11% — and 2022, when it plunged 66.93%.
- Tracing MP's Current Leases over 5 years: stood at $194000.0 in 2019, then surged by 37.11% to $266000.0 in 2020, then dropped by 4.51% to $254000.0 in 2021, then tumbled by 66.93% to $84000.0 in 2022, then soared by 766.67% to $728000.0 in 2023.
- The last three Current Leases figures came in at $728000.0 (Q3 2023), $309000.0 (Q2 2023), and $84000.0 (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (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 | 141.69 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 | 350,000.00 |
| 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 |
|---|---|
| Sep 30, 2023 | 728,000.00 |
| Jun 30, 2023 | 309,000.00 |
| Dec 31, 2022 | 84,000.00 |
| Dec 31, 2021 | 254,000.00 |
| Sep 30, 2021 | 254,000.00 |
| Jun 30, 2021 | 256,000.00 |
| Mar 31, 2021 | 279,000.00 |
| Dec 31, 2020 | 266,000.00 |
| Dec 31, 2019 | 194,000.00 |