MP Materials (MP) Interest Coverage Ratio (2020 - 2026)
MP Materials' (MP) quarterly Interest Coverage Ratio came in at 1.81 in Q1 2026, up 32.47% YoY from 1.36 in Q1 2025, and up 26.49% on a QoQ basis from 2.46 in Q4 2025.
MP Materials (MP) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
MP Materials (MP) has 7 years of Interest Coverage Ratio data on file, last reported at 1.81 in Q1 2026.
- Quarterly Interest Coverage Ratio rose 32.47% year-over-year to 1.81 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.81 (up 50.48% YoY) and the FY2025 annual result came in at 1.83, up 75.12% from the prior year.
- Interest Coverage Ratio rose to 1.81 in Q1 2026, from 2.46 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 222.17 in Q2 2022 to a low of 30.38 in Q4 2023.
- A 5-year average of 19.33 and a median of 2.23 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio surged 1705.94% — and 2024, when it sank 2385.59%.
- Tracing MP's Interest Coverage Ratio over 5 years: stood at 8.06 in 2022, then tumbled by 476.7% to 30.38 in 2023, then surged by 135.12% to 10.67 in 2024, then plunged by 123.04% to 2.46 in 2025, then climbed by 26.49% to 1.81 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.81 (Q1 2026), 2.46 (Q4 2025), and 7.82 (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (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 | -7.77 |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | -3.30 |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 1.26 |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 6.87 |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 3.50 |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | -12.28 |
| 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 | -5.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.41 |
| Mar 31, 2026 | -1.81 |
| Dec 31, 2025 | -2.46 |
| Sep 30, 2025 | -7.82 |
| Jun 30, 2025 | -2.23 |
| Mar 31, 2025 | -2.68 |
| Dec 31, 2024 | 10.67 |
| Sep 30, 2024 | -5.89 |
| Jun 30, 2024 | -7.93 |
| Mar 31, 2024 | -11.35 |
| Dec 31, 2023 | -30.38 |
| Sep 30, 2023 | -12.56 |
| Jun 30, 2023 | 0.35 |
| Mar 31, 2023 | 24.25 |
| Dec 31, 2022 | 8.06 |
| Sep 30, 2022 | 60.34 |
| Jun 30, 2022 | 222.17 |
| Mar 31, 2022 | 87.94 |
| Dec 31, 2021 | 7.72 |
| Sep 30, 2021 | 20.61 |