MP Materials (MP) Return on Assets [ROA] (2020 - 2026)
MP Materials (MP) recorded Return on Assets [ROA] of -1.60% in Q2 2026, up 2.71 percentage points from -4.31% a year earlier and up 0.25 percentage points from the prior quarter.
MP Materials (MP) Return on Assets [ROA] (2020 - 2026) Analysis & Trends
For FY2025, MP Materials reported Return on Assets [ROA] of -2.77%, up 0.03 percentage points from FY2024.
- Annual Return on Assets [ROA] has a five-year change of +0.94 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at -2.80% in FY2024 (-3.86 pp), 1.06% in FY2023 (-12.94 pp), 14.00% in FY2022 (+4.89 pp) and 9.11% in FY2021 (+12.82 pp).
- The Q2 2026 figure is the highest quarterly Return on Assets [ROA] since Q1 2024.
- On a year-over-year basis, Return on Assets [ROA] has increased for three consecutive quarters, with an average year-over-year change of -1.72 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 11.08 percentage points in Q1 2022, against a drop of 12.01 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -1.85% (Q1 2026), -2.24% (Q4 2025) and -3.84% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 24.66% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 15.21% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 3.02% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 7.74% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 16.10% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 24.54% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 8.97% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 1.88% |
| 10 | MP Materials | 8.42 Bn | 6.97 Bn | 36.20 Mn | -1.60% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.60% |
| Mar 31, 2026 | -1.85% |
| Dec 31, 2025 | -2.24% |
| Sep 30, 2025 | -3.84% |
| Jun 30, 2025 | -4.31% |
| Mar 31, 2025 | -4.45% |
| Dec 31, 2024 | -2.82% |
| Sep 30, 2024 | -2.54% |
| Jun 30, 2024 | -1.62% |
| Mar 31, 2024 | 0.14% |
| Dec 31, 2023 | 1.04% |
| Sep 30, 2023 | 4.67% |
| Jun 30, 2023 | 7.66% |
| Mar 31, 2023 | 10.66% |
| Dec 31, 2022 | 13.06% |
| Sep 30, 2022 | 12.63% |
| Jun 30, 2022 | 12.26% |
| Mar 31, 2022 | 10.55% |
| Dec 31, 2021 | 7.22% |
| Sep 30, 2021 | 6.01% |
MP Materials Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=MP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();