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
DateValue
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