MP Materials (MP) Property, Plant & Equipment (Net) (2019 - 2026)
MP Materials' Property, Plant & Equipment (Net) came in at $1.61 billion for Q2 2026, up 24.7% from $1.29 billion a year earlier and up 12.2% from the prior quarter.
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Analysis
MP Materials (MP) Property, Plant & Equipment (Net) (2019 - 2026) Analysis & Trends
At the end of FY2025, MP Materials' Property, Plant & Equipment (Net) was $1.37 billion, up 9.5% from FY2024.
- Property, Plant & Equipment (Net) has increased in each of the last six years, with a five-year compound annual growth rate of 22.2% (FY2020 to FY2025).
- Going back by year, Property, Plant & Equipment (Net) was $1.25 billion in FY2024 (+8.1%), $1.16 billion in FY2023 (+23.8%), $935.74 million in FY2022 (+53.2%) and $610.61 million in FY2021 (+21.6%).
- The Q2 2026 figure represents the highest quarterly Property, Plant & Equipment (Net) in data going back to Q4 2019.
- Year-over-year, Property, Plant & Equipment (Net) has increased for 19 consecutive quarters, with growth averaging 10.7% over the last eight quarters.
- Over the past five years, the year-over-year growth in Property, Plant & Equipment (Net) ranged from 6.0% (Q2 2025) to 53.2% (Q4 2022).
- Business Quant data shows MP's Property, Plant & Equipment (Net) at $1.43 billion (Q1 2026), $1.37 billion (Q4 2025) and $1.31 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | 88.03 Bn |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | 10.66 Bn |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 33.58 Bn |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 10.97 Bn |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 41.71 Bn |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 25.74 Bn |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 30.47 Bn |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 15.86 Bn |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 41.40 Bn |
| 10 | MP Materials | 8.36 Bn | 6.91 Bn | 36.20 Mn | 1.61 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.61 Bn |
| Mar 31, 2026 | 1.43 Bn |
| Dec 31, 2025 | 1.37 Bn |
| Sep 30, 2025 | 1.31 Bn |
| Jun 30, 2025 | 1.29 Bn |
| Mar 31, 2025 | 1.28 Bn |
| Dec 31, 2024 | 1.25 Bn |
| Sep 30, 2024 | 1.23 Bn |
| Jun 30, 2024 | 1.22 Bn |
| Mar 31, 2024 | 1.20 Bn |
| Dec 31, 2023 | 1.16 Bn |
| Sep 30, 2023 | 1.10 Bn |
| Jun 30, 2023 | 1.04 Bn |
| Mar 31, 2023 | 1.00 Bn |
| Dec 31, 2022 | 935.74 Mn |
| Sep 30, 2022 | 830.03 Mn |
| Jun 30, 2022 | 749.85 Mn |
| Mar 31, 2022 | 668.49 Mn |
| Dec 31, 2021 | 610.61 Mn |
| Sep 30, 2021 | 582.84 Mn |
API Access
MP Materials Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=MP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();