MP Materials (MP) Non-Current Deferred Tax Liability (2020 - 2026)
MP Materials (MP) posted Non-Current Deferred Tax Liability of $27.02 million for Q2 2026, down 59.9% from $67.31 million a year earlier and down 23.3% from the prior quarter.
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Analysis
MP Materials (MP) Non-Current Deferred Tax Liability (2020 - 2026) Analysis & Trends
At the end of FY2025, MP Materials' Non-Current Deferred Tax Liability came in at $51.56 million, down 39.6% from FY2024.
- Annual Non-Current Deferred Tax Liability shows a five-year compound annual growth rate of -10.0% (FY2020 to FY2025).
- In prior years, MP Materials' Non-Current Deferred Tax Liability was $85.31 million in FY2024 (-34.8%), $130.79 million in FY2023 (+6.9%), $122.35 million in FY2022 (+17.1%) and $104.5 million in FY2021 (+19.5%).
- The Q2 2026 figure stands as the lowest quarterly Non-Current Deferred Tax Liability in data going back to Q4 2020.
- On a year-over-year basis, Non-Current Deferred Tax Liability has declined in each of the last ten quarters, with an average decline of 41.5% over the last eight quarters.
- The strongest year-over-year quarter for Non-Current Deferred Tax Liability in the past five years was Q3 2022, with growth of 69.7%; the weakest was Q2 2026, with a decline of 59.9%.
- According to Business Quant data, Non-Current Deferred Tax Liability for the three prior quarters was $35.23 million (Q1 2026), $51.56 million (Q4 2025) and $55.86 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - |
| 2 | Southern Copper | 168.96 Bn | 147.82 Bn | 2.90 Bn |
| 3 | Newmont | 123.37 Bn | 91.54 Bn | 4.03 Bn |
| 4 | Ternium | 107.07 Bn | 72.12 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 101.67 Bn | 97.82 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 92.92 Bn | 92.92 Bn | 2.43 Bn |
| 7 | Barrick Mining | 69.09 Bn | 53.83 Bn | 2.90 Bn |
| 8 | Nucor | 53.61 Bn | 44.15 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 51.72 Bn | 32.74 Bn | - |
| 10 | MP Materials | 8.09 Bn | 6.64 Bn | 36.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.02 Mn |
| Mar 31, 2026 | 35.23 Mn |
| Dec 31, 2025 | 51.56 Mn |
| Sep 30, 2025 | 55.86 Mn |
| Jun 30, 2025 | 67.31 Mn |
| Mar 31, 2025 | 80.70 Mn |
| Dec 31, 2024 | 85.31 Mn |
| Sep 30, 2024 | 98.54 Mn |
| Jun 30, 2024 | 107.70 Mn |
| Mar 31, 2024 | 121.88 Mn |
| Dec 31, 2023 | 130.79 Mn |
| Sep 30, 2023 | 135.44 Mn |
| Jun 30, 2023 | 135.59 Mn |
| Mar 31, 2023 | 129.71 Mn |
| Dec 31, 2022 | 122.35 Mn |
| Sep 30, 2022 | 167.03 Mn |
| Jun 30, 2022 | 146.61 Mn |
| Mar 31, 2022 | 127.98 Mn |
| Dec 31, 2021 | 104.50 Mn |
| Sep 30, 2021 | 98.44 Mn |
API Access
MP Materials Non-Current Deferred Tax Liability 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-deferred-tax-liability&ticker=MP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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-deferred-tax-liability&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();