MP Materials (MP) Operating Leases (2022 - 2025)
MP Materials (MP) reported Operating Leases of $6.0 million for Q2 2025, down 17.72% on a YoY basis from $7.3 million in Q2 2024, and down 22.94% quarter-over-quarter from $7.8 million in Q1 2025.
MP Materials (MP) Operating Leases (2022 - 2025) Analysis & Trends
MP Materials has reported Operating Leases for 4 years, with the latest figure at $6.0 million in Q2 2025.
- For the quarter ending Q2 2025, Operating Leases fell 17.72% year-over-year to $6.0 million; the trailing twelve-month figure through Jun 2025 stood at $6.0 million (down 17.72% YoY), and the FY2024 full-year result was $5.8 million, down 15.1% from the prior year.
- Operating Leases for Q2 2025 stood at $6.0 million, down from $7.8 million in the prior quarter.
- The five-year high for Operating Leases was $7.8 million in Q1 2025, with the low at $99000.0 in Q4 2022.
- Historically, Operating Leases has averaged $6.2 million across 4 years, with a median of $6.9 million in 2023.
- Annual changes were most pronounced in 2023 — Operating Leases jumped 6797.98% — and 2025, when it retreated 17.72%.
- MP Materials' Operating Leases stood at $99000.0 in 2022, then jumped by 6797.98% to $6.8 million in 2023, then slipped by 15.1% to $5.8 million in 2024, then grew by 3.76% to $6.0 million in 2025.
- The last three Operating Leases figures came in at $6.0 million (Q2 2025), $7.8 million (Q1 2025), and $5.8 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 6.02 Mn |
| Mar 31, 2025 | 7.81 Mn |
| Dec 31, 2024 | 5.80 Mn |
| Sep 30, 2024 | 7.07 Mn |
| Jun 30, 2024 | 7.31 Mn |
| Mar 31, 2024 | 6.57 Mn |
| Dec 31, 2023 | 6.83 Mn |
| Sep 30, 2023 | 7.01 Mn |
| Jun 30, 2023 | 7.30 Mn |
| Dec 31, 2022 | 99,000.00 |