MP Materials (MP) FCF Margin (2020 - 2026)
MP Materials' (MP) quarterly FCF Margin came in at 87.46% in Q1 2026, up 6657.0% YoY from 1.29% in Q1 2025, and up 57.83% on a QoQ basis from 207.38% in Q4 2025.
MP Materials (MP) FCF Margin (2020 - 2026) Analysis & Trends
MP Materials (MP) has 7 years of FCF Margin data on file, last reported at 87.46% in Q1 2026.
- Quarterly FCF Margin rose 6657.0% year-over-year to 87.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 123.39% (down 4293.0% YoY) and the FY2025 annual result came in at 146.2%, down 6130.0% from the prior year.
- FCF Margin rose to 87.46% in Q1 2026, from 207.38% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 39.72% in Q1 2022 to a low of 210.54% in Q4 2023.
- A 5-year average of 84.75% and a median of 84.68% in 2024 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2024 — FCF Margin jumped 19221 bps — and 2025, when it plunged 18906 bps.
- Tracing MP's FCF Margin over 5 years: 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | -21.55% |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | -206.00% |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | - |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 9.82% |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | - |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | - |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | - |
| 10 | Nexa Resources | 1.86 Bn | 1.47 Bn | 257.20 Mn | 22.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -206.00% |
| 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% |