MP Materials (MP) Current Taxes (2020 - 2023)
MP Materials (MP) reported Current Taxes of $21.2 million for Q1 2023, up 303.37% on a YoY basis from $5.2 million in Q1 2022, and little changed quarter-over-quarter from $21.2 million in Q4 2022.
MP Materials (MP) Current Taxes (2020 - 2023) Analysis & Trends
MP Materials has reported Current Taxes for 4 years, with the latest figure at $21.2 million in Q1 2023.
- For the quarter ending Q1 2023, Current Taxes rose 303.37% year-over-year to $21.2 million; the trailing twelve-month figure through Mar 2023 stood at $21.2 million (up 303.37% YoY), and the FY2022 full-year result was $21.2 million, up 511.12% from the prior year.
- Current Taxes for Q1 2023 stood at $21.2 million, roughly flat from $21.2 million in the prior quarter.
- The five-year high for Current Taxes was $21.2 million in Q4 2022, with the low at $86814.0 in Q2 2020.
- Historically, Current Taxes has averaged $8.5 million across 4 years, with a median of $5.2 million in 2022.
- Annual changes were most pronounced in 2021 — Current Taxes surged 5808.24% — and 2023, when it soared 303.37%.
- MP Materials' Current Taxes stood at $137046.0 in 2020, then surged by 2426.89% to $3.5 million in 2021, then soared by 511.12% to $21.2 million in 2022, then decreased by 0.01% to $21.2 million in 2023.
- The last three Current Taxes figures came in at $21.2 million (Q1 2023), $21.2 million (Q4 2022), and $5.2 million (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | 1.33 Bn |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | - |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 4.16 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 1.79 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | - |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 21.16 Mn |
| Dec 31, 2022 | 21.16 Mn |
| Mar 31, 2022 | 5.25 Mn |
| Dec 31, 2021 | 3.46 Mn |
| Sep 30, 2021 | 8.10 Mn |
| Sep 30, 2020 | 137,046.00 |
| Jun 30, 2020 | 86,814.00 |