MP Materials (MP) FCF Margin (2020 - 2026)
MP Materials (MP) reported FCF Margin of 87.46% for Q1 2026, up 6657.0% on a YoY basis from 1.29% in Q1 2025, and up 57.83% quarter-over-quarter from 207.38% in Q4 2025.
MP Materials (MP) FCF Margin (2020 - 2026) Analysis & Trends
MP Materials has reported FCF Margin for 7 years, with the latest figure at 87.46% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 6657.0% year-over-year to 87.46%; the trailing twelve-month figure through Mar 2026 stood at 123.39% (down 4293.0% YoY), and the FY2025 full-year result was 146.2%, down 6130.0% from the prior year.
- FCF Margin for Q1 2026 stood at 87.46%, up from 207.38% in the prior quarter.
- The five-year high for FCF Margin was 39.72% in Q1 2022, with the low at 210.54% in Q4 2023.
- Historically, FCF Margin has averaged 84.75% across 5 years, with a median of 84.68% in 2024.
- Annual changes were most pronounced in 2024 — FCF Margin jumped 19221 bps — and 2025, when it plunged 18906 bps.
- MP Materials' FCF Margin stood at 89.19% in 2022, then sank by 136 bps to 210.54% in 2023, then soared by 91 bps to 18.32% in 2024, then tumbled by 1032 bps to 207.38% in 2025, then soared by 58 bps to 87.46% in 2026.
- The last three FCF Margin figures came in at 87.46% (Q1 2026), 207.38% (Q4 2025), and 172.81% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF 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 | -87.46% |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | -3.56% |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 6.12% |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | -242.39% |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - | -3,240.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -87.46% |
| Dec 31, 2025 | -207.38% |
| Sep 30, 2025 | -172.81% |
| Jun 30, 2025 | -56.91% |
| Mar 31, 2025 | -154.03% |
| Dec 31, 2024 | -18.32% |
| Sep 30, 2024 | -84.68% |
| Jun 30, 2024 | -50.05% |
| Mar 31, 2024 | -190.95% |
| Dec 31, 2023 | -210.54% |
| Sep 30, 2023 | -90.77% |
| Jun 30, 2023 | -71.55% |
| Mar 31, 2023 | -19.82% |
| Dec 31, 2022 | -89.19% |
| Sep 30, 2022 | 2.26% |
| Jun 30, 2022 | 21.76% |
| Mar 31, 2022 | 39.72% |
| Dec 31, 2021 | -6.00% |
| Sep 30, 2021 | -19.28% |
| Jun 30, 2021 | 18.11% |