MP Materials (MP) Retained Earnings (2019 - 2026)
MP Materials' Retained Earnings came in at $206.16 million for Q2 2026, down 22.7% from $266.78 million a year earlier and down 9.0% from the prior quarter.
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Analysis
MP Materials (MP) Retained Earnings (2019 - 2026) Analysis & Trends
At the end of FY2025, MP Materials' Retained Earnings was $234.43 million, down 26.8% from FY2024.
- Going back by year, Retained Earnings was $320.3 million in FY2024 (-17.0%), $385.73 million in FY2023 (+6.7%), $361.42 million in FY2022 (+399.1%) and $72.42 million in FY2021.
- The Q2 2026 figure represents the lowest quarterly Retained Earnings since Q1 2022.
- Year-over-year, Retained Earnings has declined for nine consecutive quarters, with an average decline of 24.1% over the last eight quarters.
- The fastest year-over-year change in Retained Earnings over five years came in Q4 2022 (growth of 399.1%), and the weakest in Q3 2025 (a decline of 34.3%).
- Business Quant data shows MP's Retained Earnings at $226.46 million (Q1 2026), $234.43 million (Q4 2025) and $225 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | 49.29 Bn |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 4.59 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 5.72 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 2.82 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 8.13 Bn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 582.00 Mn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 33.15 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | - |
| 10 | MP Materials | 8.27 Bn | 6.81 Bn | 36.20 Mn | 206.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 206.16 Mn |
| Mar 31, 2026 | 226.46 Mn |
| Dec 31, 2025 | 234.43 Mn |
| Sep 30, 2025 | 225.00 Mn |
| Jun 30, 2025 | 266.78 Mn |
| Mar 31, 2025 | 297.65 Mn |
| Dec 31, 2024 | 320.30 Mn |
| Sep 30, 2024 | 342.64 Mn |
| Jun 30, 2024 | 368.16 Mn |
| Mar 31, 2024 | 402.22 Mn |
| Dec 31, 2023 | 385.73 Mn |
| Sep 30, 2023 | 401.99 Mn |
| Jun 30, 2023 | 406.26 Mn |
| Mar 31, 2023 | 398.87 Mn |
| Dec 31, 2022 | 361.42 Mn |
| Sep 30, 2022 | 294.41 Mn |
| Jun 30, 2022 | 231.24 Mn |
| Mar 31, 2022 | 157.97 Mn |
| Dec 31, 2021 | 72.42 Mn |
| Sep 30, 2021 | 23.43 Mn |
API Access
MP Materials Retained Earnings 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=retained-earnings&ticker=MP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();