MP Materials (MP) EBT Margin (2020 - 2026)

MP Materials (MP) reported EBT Margin of 15.05% for Q1 2026, up 2964.0% on a YoY basis from 0.49% in Q1 2025, and down 175.1% quarter-over-quarter from 20.04% in Q4 2025.

MP Materials (MP) EBT Margin (2020 - 2026) Analysis & Trends

MP Materials has reported EBT Margin for 7 years, with the latest figure at 15.05% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin rose 2964.0% year-over-year to 15.05%; the trailing twelve-month figure through Mar 2026 stood at 40.99% (up 2575.0% YoY), and the FY2025 full-year result was 52.47%, down 668.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 15.05%, down from 20.04% in the prior quarter.
  • The five-year high for EBT Margin was 68.15% in Q1 2022, with the low at 154.05% in Q2 2024.
  • Historically, EBT Margin has averaged 10.44% across 5 years, with a median of 8.52% in 2023.
  • Annual changes were most pronounced in 2024 — EBT Margin tumbled 17422 bps — and 2025, when it soared 7961 bps.
  • MP Materials' EBT Margin stood at 50.5% in 2022, then plunged by 199 bps to 50.13% in 2023, then declined by 11 bps to 55.69% in 2024, then jumped by 136 bps to 20.04% in 2025, then slumped by 175 bps to 15.05% in 2026.
  • The last three EBT Margin figures came in at 15.05% (Q1 2026), 20.04% (Q4 2025), and 109.11% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT 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 -15.05%
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 3.80%
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 36.41%
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -91.93%
10 USA Rare Earth 2.20 Bn 2.20 Bn - -1,434.94%

Historic Data

Download Data
DateValue
Mar 31, 2026 -15.05%
Dec 31, 2025 20.04%
Sep 30, 2025 -109.11%
Jun 30, 2025 -74.44%
Mar 31, 2025 -44.69%
Dec 31, 2024 -55.69%
Sep 30, 2024 -55.41%
Jun 30, 2024 -154.05%
Mar 31, 2024 48.54%
Dec 31, 2023 -50.13%
Sep 30, 2023 -8.52%
Jun 30, 2023 20.17%
Mar 31, 2023 47.33%
Dec 31, 2022 50.50%
Sep 30, 2022 67.59%
Jun 30, 2022 67.32%
Mar 31, 2022 68.15%
Dec 31, 2021 55.18%
Sep 30, 2021 51.69%
Jun 30, 2021 45.58%