MP Materials (MP) Other Working Capital Changes (2020 - 2026)
MP Materials (MP) posted Other Working Capital Changes of -$10.66 million for Q2 2026, compared with -$32.05 million a year earlier.
MP Materials (MP) Other Working Capital Changes (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Other Working Capital Changes at MP Materials was $26.81 million, down 64.2% year-over-year; for FY2025, it was $110.44 million, up 10.4% from FY2024.
- Annual Other Working Capital Changes has increased for four consecutive years.
- In prior years, MP Materials' Other Working Capital Changes was $100 million in FY2024 (+423.0%), $19.12 million in FY2023 (+217.5%), $6.02 million in FY2022 (+45.0%) and $4.15 million in FY2021.
- Quarterly Other Working Capital Changes has run from a low of -$48.02 million in Q1 2026 to a high of $65.7 million in Q4 2025 over five years.
- According to Business Quant data, Other Working Capital Changes for the three prior quarters was -$48.02 million (Q1 2026), $65.7 million (Q4 2025) and $19.79 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - |
| 10 | MP Materials | 6.96 Bn | 5.51 Bn | 36.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.43 Mn |
| Mar 31, 2026 | 17.23 Mn |
| Dec 31, 2025 | -72.95 Mn |
| Sep 30, 2025 | 3.31 Mn |
| Jun 30, 2025 | 35.13 Mn |
| Mar 31, 2025 | -23.10 Mn |
| Dec 31, 2024 | 63.85 Mn |
| Sep 30, 2024 | 13.02 Mn |
| Jun 30, 2024 | 56.20 Mn |
| Mar 31, 2024 | -2.89 Mn |
| Dec 31, 2023 | 1.61 Mn |
| Sep 30, 2023 | 2.25 Mn |
| Jun 30, 2023 | -3.90 Mn |
| Mar 31, 2023 | 269,000.00 |
| Dec 31, 2022 | -7.98 Mn |
| Sep 30, 2022 | 124,000.00 |
| Jun 30, 2022 | -62,000.00 |
| Mar 31, 2022 | 824,000.00 |
| Dec 31, 2021 | -1.55 Mn |
| Sep 30, 2021 | -21,000.00 |
MP Materials Other Working Capital Changes 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=other-working-capital-changes&ticker=MP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();