MP Materials (MP) EBIT Margin (2020 - 2026)
MP Materials (MP) reported EBIT Margin of 26.61% for Q1 2026, up 3058.0% on a YoY basis from 0.84% in Q1 2025, and down 279.83% quarter-over-quarter from 7.01% in Q4 2025.
MP Materials (MP) EBIT Margin (2020 - 2026) Analysis & Trends
MP Materials has reported EBIT Margin for 7 years, with the latest figure at 26.61% in Q1 2026.
- For the quarter ending Q1 2026, EBIT Margin rose 3058.0% year-over-year to 26.61%; the trailing twelve-month figure through Mar 2026 stood at 54.55% (up 2498.0% YoY), and the FY2025 full-year result was 66.55%, up 1656.0% from the prior year.
- EBIT Margin for Q1 2026 stood at 26.61%, down from 7.01% in the prior quarter.
- The five-year high for EBIT Margin was 69.18% in Q1 2022, with the low at 171.13% in Q2 2024.
- Historically, EBIT Margin has averaged 29.72% across 5 years, with a median of 33.39% in 2023.
- Annual changes were most pronounced in 2024 — EBIT Margin slumped 17188 bps — and 2025, when it jumped 9467 bps.
- MP Materials' EBIT Margin stood at 40.18% in 2022, then slumped by 303 bps to 81.61% in 2023, then grew by 12 bps to 72.09% in 2024, then jumped by 90 bps to 7.01% in 2025, then slumped by 280 bps to 26.61% in 2026.
- The last three EBIT Margin figures came in at 26.61% (Q1 2026), 7.01% (Q4 2025), and 125.15% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (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 | -26.61% |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 5.12% |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 88.21% |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | -109.42% |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - | -1,632.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -26.61% |
| Dec 31, 2025 | -7.01% |
| Sep 30, 2025 | -125.15% |
| Jun 30, 2025 | -76.46% |
| Mar 31, 2025 | -57.19% |
| Dec 31, 2024 | -72.09% |
| Sep 30, 2024 | -62.83% |
| Jun 30, 2024 | -171.13% |
| Mar 31, 2024 | -66.62% |
| Dec 31, 2023 | -81.61% |
| Sep 30, 2023 | -33.39% |
| Jun 30, 2023 | 0.75% |
| Mar 31, 2023 | 34.44% |
| Dec 31, 2022 | 40.18% |
| Sep 30, 2022 | 63.62% |
| Jun 30, 2022 | 66.70% |
| Mar 31, 2022 | 69.18% |
| Dec 31, 2021 | 57.59% |
| Sep 30, 2021 | 54.23% |
| Jun 30, 2021 | 44.40% |