MP Materials (MP) Return on Equity [ROE] (2020 - 2026)
MP Materials' Return on Equity [ROE] came in at -3.09% for Q2 2026, up 6.82 percentage points from -9.91% a year earlier and up 0.52 percentage points from the prior quarter.
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Analysis
MP Materials (MP) Return on Equity [ROE] (2020 - 2026) Analysis & Trends
For FY2025, MP Materials' Return on Equity [ROE] was -5.66%, down 0.26 percentage points from FY2024.
- Return on Equity [ROE] has declined in each of the last three years, with a five-year change of -0.44 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was -5.41% in FY2024 (-7.22 pp), 1.82% in FY2023 (-23.08 pp), 24.90% in FY2022 (+10.40 pp) and 14.50% in FY2021 (+19.72 pp).
- The Q2 2026 figure represents the highest quarterly Return on Equity [ROE] since Q1 2024.
- Year-over-year, Return on Equity [ROE] has increased for three consecutive quarters, with an average year-over-year change of -3.18 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q1 2022 (a gain of 20.36 percentage points), and the weakest in Q4 2023 (a drop of 20.85 percentage points).
- Business Quant data shows MP's Return on Equity [ROE] at -3.61% (Q1 2026), -4.36% (Q4 2025) and -7.91% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 46.23% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 24.87% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 4.44% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 14.40% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 21.41% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 34.97% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 14.21% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 3.26% |
| 10 | MP Materials | 8.42 Bn | 6.97 Bn | 36.20 Mn | -3.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.09% |
| Mar 31, 2026 | -3.61% |
| Dec 31, 2025 | -4.36% |
| Sep 30, 2025 | -7.91% |
| Jun 30, 2025 | -9.91% |
| Mar 31, 2025 | -10.00% |
| Dec 31, 2024 | -6.17% |
| Sep 30, 2024 | -5.46% |
| Jun 30, 2024 | -3.39% |
| Mar 31, 2024 | 0.27% |
| Dec 31, 2023 | 1.77% |
| Sep 30, 2023 | 7.85% |
| Jun 30, 2023 | 12.89% |
| Mar 31, 2023 | 18.08% |
| Dec 31, 2022 | 22.62% |
| Sep 30, 2022 | 22.46% |
| Jun 30, 2022 | 22.16% |
| Mar 31, 2022 | 19.48% |
| Dec 31, 2021 | 13.76% |
| Sep 30, 2021 | 11.84% |
API Access
MP Materials Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=MP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();