MP Materials Corp.

MP Materials Corp.verified

MP

Price:

$59.44

Market Cap:

$10.58B

MP Materials Corp. manages and operates facilities dedicated to the extraction and refinement of rare earth elements. The company's primary asset is the Mountain Pass Rare Earth mine, a key operation situated within the Western Hemisphere. MP Materials holds comprehensive mineral rights for this significant deposit and its surrounding areas, alongside proprietary intellectual property essential for the ongoing processing and technological development of rare earth minerals. Its product offerings include critical elements such as cerium, lanthanum, neodymium, praseodymium, and samarium. Established in 2017, the company is headquartered in Las Vegas, Nevada.

Industry

Industrial Materials

IPO Date

2020-06-22

Stock Exchange

NYSE

Ticker

MP

The PE Ratio as of June 2026 (TTM) for MP Materials Corp. (MP) is -148.60

According to MP Materials Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -148.60. This represents a change of 310.02% compared to the average of -36.24 of the last 4 quarters.

MP Materials Corp. (MP) Historical PE Ratio (quarterly & annually)

How has MP PE Ratio performed in the past?

The mean historical PE Ratio of MP Materials Corp. over the last ten years is -23.43. The current -148.60 PE Ratio has changed 63.33% with respect to the historical average. Over the past ten years (40 quarters), MP's PE Ratio was at its highest in in the December 2025 quarter at 238.06. The PE Ratio was at its lowest in in the March 2026 quarter at -269.02.

Quarterly (TTM)
Annual

Average

-23.43

Median

-44.60

Minimum

-117.46

Maximum

144.69

MP Materials Corp. (MP) PE Ratio by Quarter and Year

Discovering the peaks and valleys of MP Materials Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 875.69%

Maximum Annual PE Ratio = 144.69

Minimum Annual Increase = -149.67%

Minimum Annual PE Ratio = -117.46

Quarterly (TTM)
Annual
YearPE RatioChange
2025-100.09151.59%
2024-39.78-127.49%
2023144.69875.69%
202214.83-74.58%
202158.35-149.67%
2020-117.4619.22%
2019-98.5399.35%

MP Materials Corp. (MP) Average PE Ratio

How has MP PE Ratio performed in the past?

The current PE Ratio of MP Materials Corp. (MP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.61

5-year avg

15.60

10-year avg

-23.43

MP Materials Corp. (MP) PE Ratio vs. Peers

How is MP’s PE Ratio compared to its peers?

MP Materials Corp.’s PE Ratio is less than Harmony Gold Mining Company Limited (11.17), less than Coeur Mining, Inc. (15.26), less than Alcoa Corporation (15.99), less than Equinox Gold Corp. (15.17), less than Albemarle Corporation (-85.12), less than James Hardie Industries plc (134.30), less than Suzano S.A. (4.69), less than Royal Gold, Inc. (30.04), less than Westlake Corporation (-6.75), less than The Mosaic Company (9.85),

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