MP Materials (MP) Net Margin (2020 - 2026)
MP Materials' (MP) quarterly Net Margin came in at 8.79% in Q1 2026, up 2845.0% YoY from 0.3% in Q1 2025, and down 149.13% on a QoQ basis from 17.89% in Q4 2025.
MP Materials (MP) Net Margin (2020 - 2026) Analysis & Trends
MP Materials (MP) has 7 years of Net Margin data on file, last reported at 8.79% in Q1 2026.
- Quarterly Net Margin rose 2845.0% year-over-year to 8.79% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 28.0% (up 2041.0% YoY) and the FY2025 annual result came in at 38.26%, down 617.0% from the prior year.
- Net Margin fell to 8.79% in Q1 2026, from 17.89% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 71.86% in Q4 2022 to a low of 108.95% in Q2 2024.
- A 5-year average of 4.94% and a median of 8.14% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin tumbled 12050 bps — and 2025, when it soared 5516 bps.
- Tracing MP's Net Margin over 5 years: stood at 71.86% in 2022, then sank by 155 bps to 39.46% in 2023, then rose by 7 bps to 36.63% in 2024, then surged by 149 bps to 17.89% in 2025, then plunged by 149 bps to 8.79% in 2026.
- The last three Net Margin figures came in at 8.79% (Q1 2026), 17.89% (Q4 2025), and 78.02% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net 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 | 24.52% |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | -18.71% |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 422.89% |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 6.31% |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | - |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | -205.51% |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | -728.00% |
| 10 | Nexa Resources | 1.86 Bn | 1.47 Bn | 257.20 Mn | 13.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -18.71% |
| Mar 31, 2026 | -8.79% |
| Dec 31, 2025 | 17.89% |
| Sep 30, 2025 | -78.02% |
| Jun 30, 2025 | -53.79% |
| Mar 31, 2025 | -37.24% |
| Dec 31, 2024 | -36.63% |
| Sep 30, 2024 | -40.55% |
| Jun 30, 2024 | -108.95% |
| Mar 31, 2024 | 33.87% |
| Dec 31, 2023 | -39.46% |
| Sep 30, 2023 | -8.14% |
| Jun 30, 2023 | 11.55% |
| Mar 31, 2023 | 39.13% |
| Dec 31, 2022 | 71.86% |
| Sep 30, 2022 | 50.77% |
| Jun 30, 2022 | 51.04% |
| Mar 31, 2022 | 51.46% |
| Dec 31, 2021 | 49.43% |
| Sep 30, 2021 | 42.87% |