MP Materials (MP) Shares Outstanding (2019 - 2026)
MP Materials (MP) reported Shares Outstanding of 178.41 million for Q2 2026, up 8.9% from 163.83 million a year earlier and up 0.2% from the prior quarter.
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Analysis
MP Materials (MP) Shares Outstanding (2019 - 2026) Analysis & Trends
For FY2025, MP Materials posted Shares Outstanding of 170.13 million, up 2.0% from FY2024.
- Shares Outstanding has a five-year compound annual growth rate of 16.4% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 166.84 million in FY2024 (-5.8%), 177.18 million in FY2023 (+0.4%), 176.52 million in FY2022 (+1.8%) and 173.47 million in FY2021 (+117.7%).
- The Q2 2026 figure ranks as the highest quarterly Shares Outstanding in data going back to Q4 2019.
- Year over year, Shares Outstanding has now increased in each of the last four quarters, with growth averaging 0.7% over the last eight quarters.
- The high point for year-over-year Shares Outstanding in five years was Q3 2021 (growth of 308.2%); the low point was Q3 2024 (a decline of 7.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 178.02 million (Q1 2026), 170.13 million (Q4 2025) and 175.03 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | 1.62 Bn |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 829.10 Mn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 1.07 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 1.96 Bn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 1.44 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 501.99 Mn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 1.71 Bn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 228.20 Mn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 763.00 Mn |
| 10 | MP Materials | 8.27 Bn | 6.81 Bn | 36.20 Mn | 178.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 178.41 Mn |
| Mar 31, 2026 | 178.02 Mn |
| Dec 31, 2025 | 170.13 Mn |
| Sep 30, 2025 | 175.03 Mn |
| Jun 30, 2025 | 163.83 Mn |
| Mar 31, 2025 | 163.76 Mn |
| Dec 31, 2024 | 166.84 Mn |
| Sep 30, 2024 | 164.15 Mn |
| Jun 30, 2024 | 165.34 Mn |
| Mar 31, 2024 | 174.56 Mn |
| Dec 31, 2023 | 177.18 Mn |
| Sep 30, 2023 | 177.23 Mn |
| Jun 30, 2023 | 176.98 Mn |
| Mar 31, 2023 | 176.88 Mn |
| Dec 31, 2022 | 176.52 Mn |
| Sep 30, 2022 | 176.54 Mn |
| Jun 30, 2022 | 176.53 Mn |
| Mar 31, 2022 | 176.36 Mn |
| Dec 31, 2021 | 173.47 Mn |
| Sep 30, 2021 | 176.05 Mn |
API Access
MP Materials Shares Outstanding 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=shares-outstanding&ticker=MP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();