MP Materials (MP) Shares Outstanding (Diluted) (2019 - 2026)
MP Materials (MP) posted Shares Outstanding (Diluted) 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 (Diluted) (2019 - 2026) Analysis & Trends
For FY2025, MP Materials' Shares Outstanding (Diluted) came in at 170.13 million, up 0.1% from FY2024.
- Annual Shares Outstanding (Diluted) shows a five-year compound annual growth rate of 16.4% (FY2020 to FY2025).
- In prior years, MP Materials' Shares Outstanding (Diluted) was 169.88 million in FY2024 (-4.6%), 178.15 million in FY2023 (-7.9%), 193.45 million in FY2022 (+1.9%) and 189.84 million in FY2021 (+138.2%).
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding (Diluted) since Q1 2024.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased in each of the last four quarters, with an average decline of 0.1% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding (Diluted) in the past five years was Q3 2021, with growth of 168.6%; the weakest was Q1 2025, with a decline of 12.3%.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 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 (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | 1.64 Bn |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 829.10 Mn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 1.07 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 1.44 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 503.43 Mn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 1.71 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 228.50 Mn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 766.00 Mn |
| 10 | MP Materials | 8.42 Bn | 6.97 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 | 169.88 Mn |
| Sep 30, 2024 | 164.15 Mn |
| Jun 30, 2024 | 165.34 Mn |
| Mar 31, 2024 | 186.79 Mn |
| Dec 31, 2023 | 178.15 Mn |
| Sep 30, 2023 | 177.23 Mn |
| Jun 30, 2023 | 177.86 Mn |
| Mar 31, 2023 | 193.61 Mn |
| Dec 31, 2022 | 193.45 Mn |
| Sep 30, 2022 | 193.41 Mn |
| Jun 30, 2022 | 193.41 Mn |
| Mar 31, 2022 | 193.49 Mn |
| Dec 31, 2021 | 189.84 Mn |
| Sep 30, 2021 | 193.22 Mn |
API Access
MP Materials Shares Outstanding (Diluted) 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-diluted&ticker=MP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();