MP Materials (MP) Payables (2019 - 2026)
MP Materials (MP) reported Payables of $46.02 million for Q2 2026, up 111.8% from $21.73 million a year earlier and up 39.5% from the prior quarter.
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Analysis
MP Materials (MP) Payables (2019 - 2026) Analysis & Trends
At the end of FY2025, MP Materials posted Payables of $36.66 million, up 55.6% from FY2024.
- Payables has a five-year compound annual growth rate of 17.8% (FY2020 to FY2025).
- By year, Payables came in at $23.56 million in FY2024 (-15.8%), $28 million in FY2023 (+82.7%), $15.33 million in FY2022 (-57.1%) and $35.73 million in FY2021 (+121.1%).
- The Q2 2026 figure ranks as the highest quarterly Payables since Q3 2023.
- Year over year, Payables has now increased in each of the last five quarters, with growth averaging 17.5% over the last eight quarters.
- The high point for year-over-year Payables in five years was Q3 2021 (growth of 719.8%); the low point was Q3 2024 (a decline of 76.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $32.99 million (Q1 2026), $36.66 million (Q4 2025) and $25.38 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | -8.48 Bn |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 871.90 Mn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 906.00 Mn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 3.82 Bn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 4.80 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 1.28 Bn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 2.08 Bn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 2.49 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 12.93 Bn |
| 10 | MP Materials | 8.27 Bn | 6.81 Bn | 36.20 Mn | 46.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.02 Mn |
| Mar 31, 2026 | 32.99 Mn |
| Dec 31, 2025 | 36.66 Mn |
| Sep 30, 2025 | 25.38 Mn |
| Jun 30, 2025 | 21.73 Mn |
| Mar 31, 2025 | 20.87 Mn |
| Dec 31, 2024 | 23.56 Mn |
| Sep 30, 2024 | 21.71 Mn |
| Jun 30, 2024 | 19.76 Mn |
| Mar 31, 2024 | 26.14 Mn |
| Dec 31, 2023 | 28.00 Mn |
| Sep 30, 2023 | 92.10 Mn |
| Jun 30, 2023 | 71.66 Mn |
| Mar 31, 2023 | 68.57 Mn |
| Dec 31, 2022 | 15.33 Mn |
| Sep 30, 2022 | 70.24 Mn |
| Jun 30, 2022 | 62.10 Mn |
| Mar 31, 2022 | 41.65 Mn |
| Dec 31, 2021 | 35.73 Mn |
| Sep 30, 2021 | 27.84 Mn |
API Access
MP Materials Payables 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=payables&ticker=MP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();