MP Materials Corp. / DE
MPNYSEMaterials · Metal Mining · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $224.4M | $203.9M | $253.4M | $527.5M | $332.0M | $134.3M |
| Operating income | −$149.4M | −$169.4M | −$17.7M | $327.4M | $165.3M | −$34.7M |
| Net income | −$85.9M | −$65.4M | $24.3M | $289.0M | $135.0M | −$21.8M |
| Total assets | $3.86B | $2.33B | $2.34B | $2.24B | $1.89B | $1.07B |
| Total liabilities | $1.47B | $1.28B | $970.7M | $925.2M | $880.9M | $220.4M |
| Equity | $1.98B | $1.05B | $1.37B | $1.31B | $1.01B | $853.9M |
| EPS (diluted) | $-0.50 | $-0.57 | $0.14 | $1.52 | $0.73 | $-0.27 |
| Shares out. | 163.4M | 178.1M | 177.6M | 177.5M | 170.7M | 149.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −66.6%
- Net margin
- −38.3%
- Return on equity
- −4.3%
- Return on assets
- −2.2%
- Return on capital (ROCE)
- −4.2%
- Liabilities / assets
- 38.1%
- Debt / equity
- 0.74×
- Book value / share
- $12.11
- Revenue growth (YoY)
- 10.1%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 4.52safe
- Accruals / assets
- 1.8%clean
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 warning● 4 good- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Group IncPassive (13G)Mar 27, 2026
- Bank Of Nova ScotiaPassive (13G)Jan 27, 2026
- Litinsky James H.Activist (13D)Jan 13, 2026
- Shenghe Resources Holding Co., Ltd.Passive (13G)Nov 25, 2025
- Blackrock, Inc.Passive (13G)Oct 17, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 27.5M | 3.7 | +2.4% |
| Apr 30, 2026 | 26.8M | 4.5 | -0.9% |
| Apr 15, 2026 | 27.1M | 5.7 | +5.2% |
| Mar 31, 2026 | 25.7M | 4.3 | +10.6% |
| Mar 13, 2026 | 23.3M | 4.1 | -0.3% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 7, 2026
- Results of operationsFeb 26, 2026
- Other material eventNov 19, 2025
- Results of operationsNov 6, 2025
- Director / officer changeOct 17, 2025
- Entered a material agreement · New financial obligationAug 25, 2025
- Other material eventAug 15, 2025
- Results of operationsAug 7, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.