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
DateValue
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