USA Rare Earth (USAR) Invested Capital (2023 - 2025)

USA Rare Earth's (USAR) quarterly Invested Capital came in at $495.2 million in Q4 2025, up 1355.46% year-on-year from $34.0 million in Q4 2024, and up 945.24% quarter-over-quarter from -$58.6 million in Q3 2025.

USA Rare Earth (USAR) Invested Capital (2023 - 2025) Analysis & Trends

USA Rare Earth has disclosed Invested Capital across 3 years of filings, most recently posting $495.2 million for Q4 2025.

  • Invested Capital for Q4 2025 came in at $495.2 million, up 1355.46% year-over-year; the trailing twelve-month figure through Dec 2025 was $495.2 million (up 1355.46% YoY), and the FY2025 annual result was $495.2 million, up 1355.46% from the prior year.
  • Invested Capital came in at $495.2 million for Q4 2025 at USA Rare Earth, up from -$58.6 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $495.2 million in Q4 2025 to a low of -$131.9 million in Q2 2025.
  • The 3-year median for Invested Capital is $35.6 million (2024), against an average of $49.2 million.
  • Peak annual rise in Invested Capital reached 1355.46% in 2025, while the deepest fall reached 470.17% in 2025.
  • USA Rare Earth's Invested Capital stood at $42.5 million in 2023, then fell by 19.92% to $34.0 million in 2024, then soared by 1355.46% to $495.2 million in 2025.
  • The last three Invested Capital figures came in at $495.2 million (Q4 2025), -$58.6 million (Q3 2025), and -$131.9 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 318.79 Mn
2 Bhp 421.29 Bn 411.77 Bn - 24.59 Bn
3 Skeena Resources 17.36 Bn 17.34 Bn - 131.49 Mn
4 Ioneer 10.78 Bn 10.76 Bn - 1.23 Bn
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 2.97 Bn
6 Iperionx 8.57 Bn 8.52 Bn - 111.55 Mn
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 1.45 Bn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 120.59 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -
10 USA Rare Earth 2.20 Bn 2.20 Bn - 495.16 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 495.16 Mn
Sep 30, 2025 -58.58 Mn
Jun 30, 2025 -131.93 Mn
Mar 31, 2025 -52.66 Mn
Dec 31, 2024 34.02 Mn
Sep 30, 2024 39.66 Mn
Jun 30, 2024 35.64 Mn
Mar 31, 2024 38.78 Mn
Dec 31, 2023 42.48 Mn