MP Materials (MP) Invested Capital (2019 - 2026)
MP Materials (MP) reported Invested Capital of $3.0 billion for Q1 2026, up 52.51% on a YoY basis from $1.9 billion in Q1 2025, and little changed quarter-over-quarter from $3.0 billion in Q4 2025.
MP Materials (MP) Invested Capital (2019 - 2026) Analysis & Trends
MP Materials has reported Invested Capital for 8 years, with the latest figure at $3.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital rose 52.51% year-over-year to $3.0 billion; the trailing twelve-month figure through Mar 2026 stood at $3.0 billion (up 52.51% YoY), and the FY2025 full-year result was $3.0 billion, up 51.63% from the prior year.
- Invested Capital for Q1 2026 stood at $3.0 billion, roughly flat from $3.0 billion in the prior quarter.
- The five-year high for Invested Capital was $3.0 billion in Q4 2025, with the low at $1.1 billion in Q3 2024.
- Historically, Invested Capital has averaged $1.9 billion across 5 years, with a median of $1.9 billion in 2025.
- Annual changes were most pronounced in 2024 — Invested Capital sank 48.25% — and 2025, when it jumped 178.25%.
- MP Materials' Invested Capital stood at $2.0 billion in 2022, then plunged by 31.17% to $1.4 billion in 2023, then surged by 43.27% to $2.0 billion in 2024, then surged by 51.63% to $3.0 billion in 2025, then slipped by 0.33% to $3.0 billion in 2026.
- The last three Invested Capital figures came in at $3.0 billion (Q1 2026), $3.0 billion (Q4 2025), and $3.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | 318.79 Mn |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | 24.59 Bn |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | 131.49 Mn |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | 1.23 Bn |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 2.97 Bn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | 111.55 Mn |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 1.45 Bn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 120.59 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | - |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - | 495.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.97 Bn |
| Dec 31, 2025 | 2.98 Bn |
| Sep 30, 2025 | 2.96 Bn |
| Jun 30, 2025 | 1.92 Bn |
| Mar 31, 2025 | 1.95 Bn |
| Dec 31, 2024 | 1.96 Bn |
| Sep 30, 2024 | 1.06 Bn |
| Jun 30, 2024 | 1.11 Bn |
| Mar 31, 2024 | 1.14 Bn |
| Dec 31, 2023 | 1.37 Bn |
| Sep 30, 2023 | 2.06 Bn |
| Jun 30, 2023 | 2.05 Bn |
| Mar 31, 2023 | 2.03 Bn |
| Dec 31, 2022 | 1.99 Bn |
| Sep 30, 2022 | 1.92 Bn |
| Jun 30, 2022 | 1.85 Bn |
| Mar 31, 2022 | 1.77 Bn |
| Dec 31, 2021 | 1.02 Bn |
| Sep 30, 2021 | 1.63 Bn |
| Jun 30, 2021 | 1.58 Bn |