MP Materials (MP) EBITDA Margin (2020 - 2026)
MP Materials' (MP) quarterly EBITDA Margin came in at 26.61% in Q1 2026, up 3058.0% YoY from 0.84% in Q1 2025, and down 279.83% on a QoQ basis from 7.01% in Q4 2025.
MP Materials (MP) EBITDA Margin (2020 - 2026) Analysis & Trends
MP Materials (MP) has 7 years of EBITDA Margin data on file, last reported at 26.61% in Q1 2026.
- Quarterly EBITDA Margin rose 3058.0% year-over-year to 26.61% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 54.55% (up 2498.0% YoY) and the FY2025 annual result came in at 66.55%, up 1656.0% from the prior year.
- EBITDA Margin fell to 26.61% in Q1 2026, from 7.01% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 69.18% in Q1 2022 to a low of 171.13% in Q2 2024.
- A 5-year average of 29.72% and a median of 33.39% in 2023 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2024 — EBITDA Margin slumped 17188 bps — and 2025, when it jumped 9467 bps.
- Tracing MP's EBITDA Margin over 5 years: 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 EBITDA Margin figures came in at 26.61% (Q1 2026), 7.01% (Q4 2025), and 125.15% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | 0.00% |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | -9.53% |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 60.72% |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 8.42% |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | - |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | -795.64% |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | -744.93% |
| 10 | Nexa Resources | 1.86 Bn | 1.47 Bn | 257.20 Mn | 31.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -29.52% |
| 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% |