MP Materials (MP) Depreciation and Depletion (2020 - 2026)
MP Materials (MP) reported Depreciation and Depletion of $2.2 million for Q1 2026, down 87.94% on a YoY basis from $18.1 million in Q1 2025, and down 84.18% quarter-over-quarter from $13.8 million in Q4 2025.
MP Materials (MP) Depreciation and Depletion (2020 - 2026) Analysis & Trends
MP Materials has reported Depreciation and Depletion for 7 years, with the latest figure at $2.2 million in Q1 2026.
- For the quarter ending Q1 2026, Depreciation and Depletion fell 87.94% year-over-year to $2.2 million; the trailing twelve-month figure through Mar 2026 stood at $53.6 million (down 48.4% YoY), and the FY2025 full-year result was $69.6 million, up 9.49% from the prior year.
- Depreciation and Depletion for Q1 2026 stood at $2.2 million, down from $13.8 million in the prior quarter.
- The five-year high for Depreciation and Depletion was $54.7 million in Q4 2024, with the low at -$17.3 million in Q4 2023.
- Historically, Depreciation and Depletion has averaged $9.9 million across 5 years, with a median of $3.1 million in 2024.
- The largest YoY upside for Depreciation and Depletion was 2226.68% in 2023 against a maximum downside of 922.32% in 2023.
- MP Materials' Depreciation and Depletion stood at $2.1 million in 2022, then tumbled by 922.32% to -$17.3 million in 2023, then surged by 415.82% to $54.7 million in 2024, then sank by 74.72% to $13.8 million in 2025, then tumbled by 84.18% to $2.2 million in 2026.
- The last three Depreciation and Depletion figures came in at $2.2 million (Q1 2026), $13.8 million (Q4 2025), and $18.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 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 | 2.19 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | - |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 2.60 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | - |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - | 330,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.19 Mn |
| Mar 31, 2026 | 2.19 Mn |
| Dec 31, 2025 | 13.83 Mn |
| Dec 31, 2025 | 13.83 Mn |
| Sep 30, 2025 | 18.50 Mn |
| Sep 30, 2025 | 18.50 Mn |
| Jun 30, 2025 | 19.12 Mn |
| Jun 30, 2025 | 19.12 Mn |
| Mar 31, 2025 | 18.14 Mn |
| Mar 31, 2025 | 18.14 Mn |
| Dec 31, 2024 | 54.69 Mn |
| Dec 31, 2024 | 54.69 Mn |
| Sep 30, 2024 | 16.02 Mn |
| Sep 30, 2024 | 16.02 Mn |
| Jun 30, 2024 | 15.09 Mn |
| Jun 30, 2024 | 15.09 Mn |
| Mar 31, 2024 | 3.13 Mn |
| Mar 31, 2024 | 3.13 Mn |
| Dec 31, 2023 | -17.32 Mn |
| Dec 31, 2023 | -17.32 Mn |