MP Materials (MP) Other Working Capital Changes (2020 - 2026)
MP Materials' (MP) quarterly Other Working Capital Changes came in at -$19.2 million in Q1 2026, down 142.84% YoY from $44.8 million in Q1 2025, and down 242.68% on a QoQ basis from $13.5 million in Q4 2025.
MP Materials (MP) Other Working Capital Changes (2020 - 2026) Analysis & Trends
MP Materials (MP) has 3 years of Other Working Capital Changes data on file, last reported at -$19.2 million in Q1 2026.
- Quarterly Other Working Capital Changes fell 142.84% year-over-year to -$19.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$5.8 million (down 104.02% YoY) and the FY2025 annual result came in at $58.2 million, down 41.81% from the prior year.
- Other Working Capital Changes eased to -$19.2 million in Q1 2026, from $13.5 million in the prior quarter.
- In the past five years, Other Working Capital Changes ranged from a high of $7.4 million in Q1 2026 to a low of -$2.7 million in Q2 2025.
- A 5-year average of $1.4 million and a median of $98000.0 in 2022 frame the typical range for Other Working Capital Changes.
- Annual changes were most pronounced in 2025 — Other Working Capital Changes tumbled 73.09% — and 2026, when it tumbled 142.84%.
- Tracing MP's Other Working Capital Changes over 3 years: stood at $50.0 million in 2024, then plunged by 73.09% to $13.5 million in 2025, then sank by 242.68% to -$19.2 million in 2026.
- The last three Other Working Capital Changes figures came in at -$19.2 million (Q1 2026), $13.5 million (Q4 2025), and $19.8 million (Q3 2025), per Business Quant data.
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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, 2026 | 6.33 Mn |
| Jun 30, 2026 | 6.33 Mn |
| Jun 30, 2026 | 6.33 Mn |
| Mar 31, 2026 | 7.37 Mn |
| Mar 31, 2026 | 7.37 Mn |
| Mar 31, 2026 | 7.37 Mn |
| Dec 31, 2025 | 1.35 Mn |
| Dec 31, 2025 | 1.35 Mn |
| Dec 31, 2025 | 1.35 Mn |
| Sep 30, 2025 | 3.32 Mn |
| Sep 30, 2025 | 3.32 Mn |
| Sep 30, 2025 | 3.32 Mn |
| Jun 30, 2025 | -2.70 Mn |
| Jun 30, 2025 | -2.70 Mn |
| Jun 30, 2025 | -2.70 Mn |
| Mar 31, 2025 | 6.99 Mn |
| Mar 31, 2025 | 6.99 Mn |
| Mar 31, 2025 | 6.99 Mn |
| Dec 31, 2024 | -714,000.00 |
| Dec 31, 2024 | -714,000.00 |