MP Materials (MP) Debt Ratio (2019 - 2026)
MP Materials' (MP) quarterly Debt Ratio came in at 0.26 in Q1 2026, down 32.19% YoY from 0.38 in Q1 2025, and down 5.58% on a QoQ basis from 0.28 in Q4 2025.
MP Materials (MP) Debt Ratio (2019 - 2026) Analysis & Trends
MP Materials (MP) has 8 years of Debt Ratio data on file, last reported at 0.26 in Q1 2026.
- Quarterly Debt Ratio fell 32.19% year-over-year to 0.26 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.26 (down 32.19% YoY) and the FY2025 annual result came in at 0.28, down 29.15% from the prior year.
- Debt Ratio retreated to 0.26 in Q1 2026, from 0.28 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.41 in Q3 2024 to a low of 0.26 in Q1 2026.
- A 5-year average of 0.33 and a median of 0.31 in 2022 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2024 — Debt Ratio soared 38.98% — and 2026, when it tumbled 32.19%.
- Tracing MP's Debt Ratio over 5 years: 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 dropped by 29.15% to 0.28 in 2025, then retreated by 5.58% to 0.26 in 2026.
- The last three Debt Ratio figures came in at 0.26 (Q1 2026), 0.28 (Q4 2025), and 0.28 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 245.09 Bn | 215.63 Bn | - | 0.00 |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.52 Bn | 28.32 Bn | 1.21 Bn | 0.20 |
| 4 | MP Materials | 10.71 Bn | 8.23 Bn | 36.20 Mn | 0.25 |
| 5 | Almonty Industries | 5.42 Bn | 4.53 Bn | 18.87 Mn | 0.48 |
| 6 | Materion | 4.77 Bn | 4.75 Bn | 104.34 Mn | 0.25 |
| 7 | USA Rare Earth | 4.42 Bn | 4.42 Bn | -1.58 Mn | - |
| 8 | Skeena Resources | 4.30 Bn | 3.87 Bn | - | 0.50 |
| 9 | Evolution Metals & Technologies | 2.59 Bn | 2.59 Bn | -115,000.00 | 0.07 |
| 10 | TMC the metals | 2.09 Bn | 1.99 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.25 |
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.28 |
| Sep 30, 2025 | 0.28 |
| 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 | 0.38 |