MP Materials (MP) Operating Leases (2022 - 2025)
MP Materials' (MP) quarterly Operating Leases came in at $6.0 million in Q2 2025, down 17.72% YoY from $7.3 million in Q2 2024, and down 22.94% on a QoQ basis from $7.8 million in Q1 2025.
MP Materials (MP) Operating Leases (2022 - 2025) Analysis & Trends
MP Materials (MP) has 4 years of Operating Leases data on file, last reported at $6.0 million in Q2 2025.
- Quarterly Operating Leases fell 17.72% year-over-year to $6.0 million in Q2 2025, while the trailing twelve-month figure through Jun 2025 was $6.0 million (down 17.72% YoY) and the FY2024 annual result came in at $5.8 million, down 25.55% from the prior year.
- Operating Leases retreated to $6.0 million in Q2 2025, from $7.8 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $7.8 million in Q1 2025 to a low of $15000.0 in Q4 2022.
- A 4-year average of $6.3 million and a median of $7.3 million in 2023 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2023 — Operating Leases jumped 51820.0% — and 2024, when it fell 25.55%.
- Tracing MP's Operating Leases over 4 years: stood at $15000.0 in 2022, then jumped by 51820.0% to $7.8 million in 2023, then slipped by 25.55% 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 | 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 |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 |
| 10 | Nexa Resources | 1.86 Bn | 1.47 Bn | 257.20 Mn |
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 | 6.02 Mn |
| Jun 30, 2024 | 7.31 Mn |
| Mar 31, 2024 | 7.55 Mn |
| Dec 31, 2023 | 7.79 Mn |
| Sep 30, 2023 | 7.74 Mn |
| Jun 30, 2023 | 7.30 Mn |
| Dec 31, 2022 | 15,000.00 |