MP Materials (MP) Non-Current Assets (2019 - 2026)
MP Materials (MP) recorded Non-Current Assets of $1.98 billion in Q2 2026, up 44.0% from $1.38 billion a year earlier and up 10.5% from the prior quarter.
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Analysis
MP Materials (MP) Non-Current Assets (2019 - 2026) Analysis & Trends
At the end of FY2025, MP Materials reported Non-Current Assets of $1.7 billion, up 30.4% from FY2024.
- Annual Non-Current Assets has increased for six straight years, with a five-year compound annual growth rate of 27.0% (FY2020 to FY2025).
- Across earlier years, Non-Current Assets came in at $1.3 billion in FY2024 (+8.0%), $1.21 billion in FY2023 (+27.7%), $943.96 million in FY2022 (+54.0%) and $612.86 million in FY2021 (+19.4%).
- The Q2 2026 figure is the highest quarterly Non-Current Assets in data going back to Q4 2019.
- On a year-over-year basis, Non-Current Assets has increased for 21 consecutive quarters, with growth averaging 21.4% over the last eight quarters.
- The year-over-year growth in Non-Current Assets has ranged between 7.8% (Q1 2025) and 72.1% (Q3 2021) over the last five years.
- Per Business Quant, the preceding three quarters came in at $1.79 billion (Q1 2026), $1.7 billion (Q4 2025) and $1.62 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | 111.37 Bn |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 13.34 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 44.34 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 14.68 Bn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 45.56 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 32.27 Bn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 42.70 Bn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 23.80 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 99.15 Bn |
| 10 | MP Materials | 8.27 Bn | 6.81 Bn | 36.20 Mn | 1.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.98 Bn |
| Mar 31, 2026 | 1.79 Bn |
| Dec 31, 2025 | 1.70 Bn |
| Sep 30, 2025 | 1.62 Bn |
| Jun 30, 2025 | 1.38 Bn |
| Mar 31, 2025 | 1.35 Bn |
| Dec 31, 2024 | 1.30 Bn |
| Sep 30, 2024 | 1.28 Bn |
| Jun 30, 2024 | 1.27 Bn |
| Mar 31, 2024 | 1.25 Bn |
| Dec 31, 2023 | 1.21 Bn |
| Sep 30, 2023 | 1.13 Bn |
| Jun 30, 2023 | 1.07 Bn |
| Mar 31, 2023 | 1.01 Bn |
| Dec 31, 2022 | 943.96 Mn |
| Sep 30, 2022 | 832.38 Mn |
| Jun 30, 2022 | 752.37 Mn |
| Mar 31, 2022 | 670.74 Mn |
| Dec 31, 2021 | 612.86 Mn |
| Sep 30, 2021 | 593.91 Mn |
API Access
MP Materials Non-Current Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-assets&ticker=MP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "ticker": "MP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-assets&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();