MP Materials (MP) Enterprise Value (2019 - 2026)
MP Materials' (MP) quarterly Enterprise Value came in at -$2.6 billion in Q1 2026, down 241.22% YoY from $1.8 billion in Q1 2025, and down 41.53% on a QoQ basis from -$1.8 billion in Q4 2025.
MP Materials (MP) Enterprise Value (2019 - 2026) Analysis & Trends
MP Materials (MP) has 8 years of Enterprise Value data on file, last reported at -$2.6 billion in Q1 2026.
- Quarterly Enterprise Value fell 241.22% year-over-year to -$2.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.6 billion (down 241.22% YoY) and the FY2025 annual result came in at -$1.8 billion, down 115.11% from the prior year.
- Enterprise Value eased to -$2.6 billion in Q1 2026, from -$1.8 billion in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$753.7 million in Q2 2025 to a low of -$2.6 billion in Q1 2026.
- A 5-year average of -$1.2 billion and a median of -$1.1 billion in 2023 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2024 — Enterprise Value climbed 20.11% — and 2026, when it tumbled 241.22%.
- Tracing MP's Enterprise Value over 5 years: 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 plunged by 115.11% to -$1.8 billion in 2025, then sank by 41.53% to -$2.6 billion in 2026.
- The last three Enterprise Value figures came in at -$2.6 billion (Q1 2026), -$1.8 billion (Q4 2025), and -$1.9 billion (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | -29.46 Bn |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | -9.51 Bn |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | -4.48 Bn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | -2.48 Bn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | -887.20 Mn |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | -19.99 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | -425.61 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | -1.53 Bn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | -5.24 Mn |
| 10 | Nexa Resources | 1.86 Bn | 1.47 Bn | 257.20 Mn | -80.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.48 Bn |
| Mar 31, 2026 | -2.59 Bn |
| Dec 31, 2025 | -1.83 Bn |
| Sep 30, 2025 | -1.94 Bn |
| Jun 30, 2025 | -753.66 Mn |
| 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 |