MP Materials (MP) EBITDA (2020 - 2026)
MP Materials' EBITDA came in at $3.35 million for Q2 2026, compared with -$23.11 million a year earlier and down 58.2% from the prior quarter.
MP Materials (MP) EBITDA (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, MP Materials reported EBITDA of -$12.24 million; for FY2025, it came in at -$60.11 million.
- Going back by year, EBITDA was -$91.37 million in FY2024, $37.99 million in FY2023 (-89.0%), $345.77 million in FY2022 (+82.2%) and $189.73 million in FY2021.
- The five-year range for quarterly EBITDA is -$44.53 million (Q3 2025) to $120.28 million (Q1 2022).
- The fastest year-over-year change in EBITDA over five years came in Q4 2021 (growth of 527.0%), and the weakest in Q2 2023 (a decline of 87.5%).
- Business Quant data shows MP's EBITDA at $8.02 million (Q1 2026), $20.92 million (Q4 2025) and -$44.53 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 2.85 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 1.61 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 722.41 Mn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 2.53 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 3.29 Bn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 2.01 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | - |
| 10 | MP Materials | 8.27 Bn | 6.81 Bn | 36.20 Mn | 3.35 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.35 Mn |
| Mar 31, 2026 | 8.02 Mn |
| Dec 31, 2025 | 20.92 Mn |
| Sep 30, 2025 | -44.53 Mn |
| Jun 30, 2025 | -23.11 Mn |
| Mar 31, 2025 | -13.39 Mn |
| Dec 31, 2024 | -21.84 Mn |
| Sep 30, 2024 | -20.20 Mn |
| Jun 30, 2024 | -35.28 Mn |
| Mar 31, 2024 | -14.05 Mn |
| Dec 31, 2023 | -15.00 Mn |
| Sep 30, 2023 | -785,000.00 |
| Jun 30, 2023 | 12.69 Mn |
| Mar 31, 2023 | 41.08 Mn |
| Dec 31, 2022 | 43.06 Mn |
| Sep 30, 2022 | 81.26 Mn |
| Jun 30, 2022 | 101.16 Mn |
| Mar 31, 2022 | 120.28 Mn |
| Dec 31, 2021 | 61.69 Mn |
| Sep 30, 2021 | 61.04 Mn |
MP Materials EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=MP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "MP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();