MP Materials (MP) Non-Current Debt (2020 - 2026)
MP Materials' (MP) quarterly Non-Current Debt came in at $932.9 million in Q1 2026, up 10.75% YoY from $842.4 million in Q1 2025, and down 6.59% on a QoQ basis from $998.7 million in Q4 2025.
MP Materials (MP) Non-Current Debt (2020 - 2026) Analysis & Trends
MP Materials (MP) has 7 years of Non-Current Debt data on file, last reported at $932.9 million in Q1 2026.
- Quarterly Non-Current Debt rose 10.75% year-over-year to $932.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $932.9 million (up 10.75% YoY) and the FY2025 annual result came in at $998.7 million, up 9.91% from the prior year.
- Non-Current Debt declined to $932.9 million in Q1 2026, from $998.7 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $998.7 million in Q4 2025 to a low of $675.8 million in Q1 2022.
- A 5-year average of $809.7 million and a median of $842.4 million in 2025 frame the typical range for Non-Current Debt.
- Annual changes were most pronounced in 2024 — Non-Current Debt jumped 37.72% — and 2025, when it slipped 9.96%.
- Tracing MP's Non-Current Debt over 5 years: stood at $678.4 million in 2022, then rose by 0.52% to $682.0 million in 2023, then soared by 33.25% to $908.7 million in 2024, then increased by 9.91% to $998.7 million in 2025, then declined by 6.59% to $932.9 million in 2026.
- The last three Non-Current Debt figures came in at $932.9 million (Q1 2026), $998.7 million (Q4 2025), and $997.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 244.81 Bn | 215.36 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | 20.19 Bn |
| 3 | Teck Resources | 33.57 Bn | 28.37 Bn | 1.21 Bn | 2.48 Bn |
| 4 | MP Materials | 10.67 Bn | 8.19 Bn | 36.20 Mn | 934.58 Mn |
| 5 | Almonty Industries | 5.40 Bn | 4.52 Bn | 18.87 Mn | 546.22 Mn |
| 6 | Materion | 4.75 Bn | 4.73 Bn | 104.34 Mn | 442.33 Mn |
| 7 | USA Rare Earth | 4.40 Bn | 4.40 Bn | -1.58 Mn | - |
| 8 | Skeena Resources | 4.32 Bn | 3.90 Bn | - | 698.79 Mn |
| 9 | Evolution Metals & Technologies | 2.54 Bn | 2.54 Bn | -115,000.00 | 3.57 Mn |
| 10 | TMC the metals | 2.11 Bn | 2.02 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 934.58 Mn |
| Mar 31, 2026 | 932.94 Mn |
| Dec 31, 2025 | 998.74 Mn |
| Sep 30, 2025 | 997.27 Mn |
| Jun 30, 2025 | 843.37 Mn |
| Mar 31, 2025 | 842.42 Mn |
| Dec 31, 2024 | 908.73 Mn |
| Sep 30, 2024 | 937.63 Mn |
| Jun 30, 2024 | 936.61 Mn |
| Mar 31, 2024 | 935.59 Mn |
| Dec 31, 2023 | 681.98 Mn |
| Sep 30, 2023 | 681.09 Mn |
| Jun 30, 2023 | 680.21 Mn |
| Mar 31, 2023 | 679.33 Mn |
| Dec 31, 2022 | 678.44 Mn |
| Sep 30, 2022 | 677.56 Mn |
| Jun 30, 2022 | 676.68 Mn |
| Mar 31, 2022 | 675.80 Mn |
| Dec 31, 2021 | 674.93 Mn |
| Sep 30, 2021 | 674.05 Mn |