MP Materials (MP) Enterprise Value (2019 - 2026)
MP Materials (MP) reported Enterprise Value of -$2.6 billion for Q1 2026, down 241.22% on a YoY basis from $1.8 billion in Q1 2025, and down 3.84% quarter-over-quarter from -$2.5 billion in Q4 2025.
MP Materials (MP) Enterprise Value (2019 - 2026) Analysis & Trends
MP Materials has reported Enterprise Value for 8 years, with the latest figure at -$2.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Enterprise Value fell 241.22% year-over-year to -$2.6 billion; the trailing twelve-month figure through Mar 2026 stood at -$2.6 billion (down 241.22% YoY), and the FY2025 full-year result was -$2.5 billion, down 193.18% from the prior year.
- Enterprise Value for Q1 2026 stood at -$2.6 billion, down from -$2.5 billion in the prior quarter.
- The five-year high for Enterprise Value was -$759.2 million in Q1 2025, with the low at -$2.6 billion in Q1 2026.
- Historically, Enterprise Value has averaged -$1.3 billion across 5 years, with a median of -$1.2 billion in 2023.
- Annual changes were most pronounced in 2024 — Enterprise Value climbed 20.11% — and 2026, when it tumbled 241.22%.
- MP Materials' Enterprise Value stood at -$1.2 billion in 2022, then advanced by 15.6% to -$997.8 million in 2023, then advanced by 14.73% to -$850.9 million in 2024, then sank by 193.18% to -$2.5 billion in 2025, then slipped by 3.84% to -$2.6 billion in 2026.
- The last three Enterprise Value figures came in at -$2.6 billion (Q1 2026), -$2.5 billion (Q4 2025), and -$1.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | -45.66 Mn |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | -9.52 Bn |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | -18.63 Mn |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | -17.86 Mn |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | -2.59 Bn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | -54.81 Mn |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | -16.19 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | - |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | -131.60 Mn |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - | -358.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.59 Bn |
| Dec 31, 2025 | -2.49 Bn |
| Sep 30, 2025 | -1.94 Bn |
| Jun 30, 2025 | -1.25 Bn |
| Mar 31, 2025 | -759.16 Mn |
| Dec 31, 2024 | -850.87 Mn |
| Sep 30, 2024 | -866.49 Mn |
| Jun 30, 2024 | -937.00 Mn |
| Mar 31, 2024 | -946.77 Mn |
| Dec 31, 2023 | -997.84 Mn |
| Sep 30, 2023 | -1.08 Bn |
| Jun 30, 2023 | -1.13 Bn |
| Mar 31, 2023 | -1.17 Bn |
| Dec 31, 2022 | -1.18 Bn |
| Sep 30, 2022 | -1.26 Bn |
| Jun 30, 2022 | -1.26 Bn |
| Mar 31, 2022 | -1.23 Bn |
| Dec 31, 2021 | -1.18 Bn |
| Sep 30, 2021 | -1.18 Bn |
| Jun 30, 2021 | -1.20 Bn |