MP Materials (MP) Debt to Equity (2019 - 2026)
MP Materials (MP) reported Debt to Equity of $0.51 for Q1 2026, down 42.08% on a YoY basis from $0.88 in Q1 2025, and up 0.76% quarter-over-quarter from $0.5 in Q4 2025.
MP Materials (MP) Debt to Equity (2019 - 2026) Analysis & Trends
MP Materials has reported Debt to Equity for 8 years, with the latest figure at $0.51 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 42.08% year-over-year to $0.51; the trailing twelve-month figure through Mar 2026 stood at $0.51 (down 42.08% YoY), and the FY2025 full-year result was $0.5, down 41.41% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.51, up from $0.5 in the prior quarter.
- The five-year high for Debt to Equity was $0.9 in Q2 2025, with the low at $0.49 in Q3 2023.
- Historically, Debt to Equity has averaged $0.64 across 5 years, with a median of $0.55 in 2022.
- Annual changes were most pronounced in 2022 — Debt to Equity soared 1582.21% — and 2025, when it slumped 42.37%.
- MP Materials' Debt to Equity stood at $0.52 in 2022, then dropped by 3.39% to $0.5 in 2023, then jumped by 72.52% to $0.86 in 2024, then tumbled by 41.41% to $0.5 in 2025, then grew by 0.76% to $0.51 in 2026.
- The last three Debt to Equity figures came in at $0.51 (Q1 2026), $0.5 (Q4 2025), and $0.51 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | 0.18 |
| 2 | Bhp | 421.29 Bn | 411.77 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 | 0.51 |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | 0.03 |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 0.51 |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 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, 2026 | 0.51 |
| Dec 31, 2025 | 0.50 |
| Sep 30, 2025 | 0.51 |
| Jun 30, 2025 | 0.90 |
| Mar 31, 2025 | 0.88 |
| Dec 31, 2024 | 0.86 |
| Sep 30, 2024 | 0.88 |
| Jun 30, 2024 | 0.84 |
| Mar 31, 2024 | 0.82 |
| Dec 31, 2023 | 0.50 |
| Sep 30, 2023 | 0.49 |
| Jun 30, 2023 | 0.50 |
| Mar 31, 2023 | 0.50 |
| Dec 31, 2022 | 0.52 |
| Sep 30, 2022 | 0.55 |
| Jun 30, 2022 | 0.58 |
| Mar 31, 2022 | 0.62 |
| Dec 31, 2021 | 0.69 |
| Sep 30, 2021 | 0.03 |
| Mar 31, 2021 | 0.04 |