MP Materials (MP) Total Debt (2019 - 2026)
MP Materials' (MP) quarterly Total Debt came in at $1.0 billion in Q1 2026, up 9.97% YoY from $909.8 million in Q1 2025, and down 6.16% on a QoQ basis from $1.1 billion in Q4 2025.
MP Materials (MP) Total Debt (2019 - 2026) Analysis & Trends
MP Materials (MP) has 8 years of Total Debt data on file, last reported at $1.0 billion in Q1 2026.
- Quarterly Total Debt rose 9.97% year-over-year to $1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.0 billion (up 9.97% YoY) and the FY2025 annual result came in at $1.1 billion, up 17.32% from the prior year.
- Total Debt declined to $1.0 billion in Q1 2026, from $1.1 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $1.1 billion in Q4 2025 to a low of $675.8 million in Q1 2022.
- A 5-year average of $829.5 million and a median of $908.7 million in 2024 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2022 — Total Debt fell 5.88% — and 2024, when it jumped 37.72%.
- Tracing MP's Total Debt over 5 years: stood at $678.4 million in 2022, then rose by 0.52% to $682.0 million in 2023, then soared by 33.25% to $908.7 million in 2024, then climbed by 17.32% to $1.1 billion in 2025, then slipped by 6.16% to $1.0 billion in 2026.
- The last three Total Debt figures came in at $1.0 billion (Q1 2026), $1.1 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | 317.00 Mn |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | 21.41 Bn |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | 2.78 Bn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | 934.58 Mn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 587.85 Mn |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 459.81 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 698.79 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | - |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | 6.20 Mn |
| 10 | Nexa Resources | 1.86 Bn | 1.47 Bn | 257.20 Mn | 1.63 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 934.58 Mn |
| Mar 31, 2026 | 1.00 Bn |
| Dec 31, 2025 | 1.07 Bn |
| Sep 30, 2025 | 1.06 Bn |
| Jun 30, 2025 | 910.80 Mn |
| Mar 31, 2025 | 909.76 Mn |
| Dec 31, 2024 | 908.73 Mn |
| Sep 30, 2024 | 937.63 Mn |
| Jun 30, 2024 | 936.61 Mn |
| Mar 31, 2024 | 935.59 Mn |
| Dec 31, 2023 | 681.98 Mn |
| Sep 30, 2023 | 681.09 Mn |
| Jun 30, 2023 | 680.21 Mn |
| Mar 31, 2023 | 679.33 Mn |
| Dec 31, 2022 | 678.44 Mn |
| Sep 30, 2022 | 677.56 Mn |
| Jun 30, 2022 | 676.68 Mn |
| Mar 31, 2022 | 675.80 Mn |
| Dec 31, 2021 | 691.01 Mn |
| Sep 30, 2021 | 704.99 Mn |