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
DateValue
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