MP Materials (MP) Debt Ratio (2019 - 2026)
MP Materials (MP) reported Debt Ratio of 0.26 for Q1 2026, down 32.19% on a YoY basis from 0.38 in Q1 2025, and up 0.8% quarter-over-quarter from 0.26 in Q4 2025.
MP Materials (MP) Debt Ratio (2019 - 2026) Analysis & Trends
MP Materials has reported Debt Ratio for 8 years, with the latest figure at 0.26 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 32.19% year-over-year to 0.26; the trailing twelve-month figure through Mar 2026 stood at 0.26 (down 32.19% YoY), and the FY2025 full-year result was 0.26, down 33.63% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.26, up from 0.26 in the prior quarter.
- The five-year high for Debt Ratio was 0.41 in Q3 2024, with the low at 0.26 in Q4 2025.
- Historically, Debt Ratio has averaged 0.33 across 5 years, with a median of 0.31 in 2022.
- Annual changes were most pronounced in 2022 — Debt Ratio surged 1750.28% — and 2025, when it plunged 35.59%.
- MP Materials' Debt Ratio stood at 0.3 in 2022, then decreased by 3.72% to 0.29 in 2023, then jumped by 33.41% to 0.39 in 2024, then tumbled by 33.63% to 0.26 in 2025, then advanced by 0.8% to 0.26 in 2026.
- The last three Debt Ratio figures came in at 0.26 (Q1 2026), 0.26 (Q4 2025), and 0.26 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | 0.12 |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | 0.22 |
| 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 | 0.26 |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | 0.03 |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 0.26 |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 0.37 |
| 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, 2026 | 0.26 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.39 |
| Mar 31, 2025 | 0.38 |
| Dec 31, 2024 | 0.39 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 0.40 |
| Mar 31, 2024 | 0.40 |
| Dec 31, 2023 | 0.29 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.30 |
| Mar 31, 2023 | 0.30 |
| Dec 31, 2022 | 0.30 |
| Sep 30, 2022 | 0.31 |
| Jun 30, 2022 | 0.32 |
| Mar 31, 2022 | 0.34 |
| Dec 31, 2021 | 0.37 |
| Sep 30, 2021 | 0.02 |
| Mar 31, 2021 | 0.02 |