MP Materials (MP) Equity Ratio (2019 - 2026)

MP Materials (MP) reported Equity Ratio of 0.51 for Q1 2026, up 17.08% on a YoY basis from 0.44 in Q1 2025, and little changed quarter-over-quarter from 0.51 in Q4 2025.

MP Materials (MP) Equity Ratio (2019 - 2026) Analysis & Trends

MP Materials has reported Equity Ratio for 8 years, with the latest figure at 0.51 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio rose 17.08% year-over-year to 0.51; the trailing twelve-month figure through Mar 2026 stood at 0.51 (up 17.08% YoY), and the FY2025 full-year result was 0.51, up 13.28% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.51, roughly flat from 0.51 in the prior quarter.
  • The five-year high for Equity Ratio was 0.6 in Q2 2023, with the low at 0.43 in Q2 2025.
  • Historically, Equity Ratio has averaged 0.52 across 5 years, with a median of 0.52 in 2025.
  • Annual changes were most pronounced in 2024 — Equity Ratio retreated 22.67% — and 2026, when it increased 17.08%.
  • MP Materials' Equity Ratio stood at 0.59 in 2022, then fell by 0.35% to 0.58 in 2023, then dropped by 22.67% to 0.45 in 2024, then increased by 13.28% to 0.51 in 2025, then advanced by 0.03% to 0.51 in 2026.
  • The last three Equity Ratio figures came in at 0.51 (Q1 2026), 0.51 (Q4 2025), and 0.52 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 0.64
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - 0.16
4 Ioneer 10.78 Bn 10.76 Bn - 0.99
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 0.51
6 Iperionx 8.57 Bn 8.52 Bn - 0.84
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 0.51
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 -
10 USA Rare Earth 2.20 Bn 2.20 Bn - 0.71

Historic Data

Download Data
DateValue
Mar 31, 2026 0.51
Dec 31, 2025 0.51
Sep 30, 2025 0.52
Jun 30, 2025 0.43
Mar 31, 2025 0.44
Dec 31, 2024 0.45
Sep 30, 2024 0.46
Jun 30, 2024 0.47
Mar 31, 2024 0.48
Dec 31, 2023 0.58
Sep 30, 2023 0.59
Jun 30, 2023 0.60
Mar 31, 2023 0.59
Dec 31, 2022 0.59
Sep 30, 2022 0.57
Jun 30, 2022 0.56
Mar 31, 2022 0.55
Dec 31, 2021 0.53
Sep 30, 2021 0.52
Jun 30, 2021 0.50