MP - MP Materials Corp.
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$77.00
DETAILS
HIGH:
$82.00
LOW:
$71.00
MEDIAN:
$77.00
CONSENSUS:
$77.00
UPSIDE:
11.63%
| Metric | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 53.6 | 57.4 | 60.8 | 61.0 | 62.9 | 31.3 | 48.7 | 41.2 | 52.5 | 64.0 |
| Cost of Revenue | 48.5 | 71.2 | 70.2 | 80.4 | 76.6 | 59.7 | 54.0 | 42.2 | 39.0 | 34.9 |
| Gross Profit | 5.1 | (13.8) | (9.4) | (19.4) | (13.7) | (28.4) | (5.3) | (1.0) | 13.5 | 29.1 |
| Operating Expenses | ||||||||||
| R&D Expenses | 0.0 | 2.5 | 0.5 | 1.2 | 2.1 | 1.9 | 4.2 | (10.8) | 2.9 | 3.1 |
| SG&A Expenses | 28.4 | 27.4 | 24.2 | 19.1 | 21.5 | 21.4 | 21.3 | 21.4 | 19.6 | 18.9 |
| Other Expenses | 43.7 | 0.1 | 0.7 | 4.3 | 2.3 | 1.8 | 1.7 | 22.0 | 8.7 | 6.7 |
| Operating Expenses | 72.1 | 30.1 | 25.4 | 24.6 | 25.9 | 25.1 | 27.1 | 32.6 | 31.1 | 28.6 |
| Operating Income | ||||||||||
| Operating Income | (67.0) | (43.9) | (34.8) | (44.0) | (39.5) | (53.5) | (32.4) | (33.6) | (17.5) | 0.5 |
| Interest Expense | 8.6 | 5.4 | 7.6 | 6.8 | 6.6 | 6.7 | 2.9 | 1.1 | 1.4 | 1.4 |
| Interest Income | 16.5 | 8.1 | 8.6 | 10.1 | 11.8 | 12.4 | 12.9 | 14.0 | 14.5 | 13.8 |
| Profitability | ||||||||||
| EBITDA | (27.4) | (16.5) | 1.8 | (5.1) | (8.9) | (23.2) | 44.9 | (0.9) | 13.7 | 26.5 |
| EBIT | (49.9) | (37.3) | (19.6) | (27.2) | (28.2) | (41.4) | 26.5 | (19.6) | (3.1) | 14.3 |
| Income Before Tax | (58.4) | (42.7) | (27.2) | (34.0) | (34.9) | (48.2) | 23.6 | (20.7) | (4.5) | 12.9 |
| Income Tax Expense | (16.7) | (11.9) | (4.5) | (11.6) | (9.3) | (14.1) | 7.1 | (4.4) | (0.2) | 5.5 |
| Net Income | (41.8) | (30.9) | (22.6) | (22.3) | (25.5) | (34.1) | 16.5 | (16.3) | (4.3) | 7.4 |
| Per Share Data | ||||||||||
| EPS (Basic) | -0.24 | -0.19 | -0.14 | -0.14 | -0.16 | -0.21 | -0.06 | -0.09 | -0.02 | 0.04 |
| EPS (Diluted) | -0.24 | -0.19 | -0.14 | -0.14 | -0.16 | -0.21 | -0.08 | -0.09 | -0.02 | 0.04 |
| Shares Outstanding | 174.1 | 163.8 | 163.8 | 163.4 | 164.1 | 165.3 | 174.6 | 177.6 | 177.2 | 177.0 |
| Metric | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 1,147.2 | 261.5 | 198.3 | 282.4 | 284.4 | 296.7 | 297.2 | 264.6 | 547.7 | 927.2 |
| Short-Term Investments | 793.2 | 492.1 | 560.8 | 568.4 | 582.1 | 641.4 | 650.3 | 734.5 | 537.0 | 200.8 |
| Net Receivables | 14.8 | 64.9 | 112.7 | 62.3 | 22.4 | 27.8 | 40.9 | 29.3 | 17.3 | 15.2 |
| Inventory | 144.4 | 128.0 | 133.1 | 107.9 | 116.7 | 115.4 | 108.5 | 95.2 | 77.2 | 67.8 |
| Other Current Assets | 59.7 | 13.8 | 17.9 | 10.2 | 11.6 | 9.3 | 9.3 | 7.5 | 9.2 | 12.8 |
| Total Current Assets | 2,174.4 | 960.4 | 1,022.9 | 1,031.3 | 1,017.2 | 1,090.6 | 1,106.2 | 1,131.2 | 1,188.3 | 1,223.9 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 1,306.2 | 1,299.2 | 1,288.5 | 1,260.2 | 1,239.5 | 1,226.9 | 1,206.7 | 1,168.7 | 1,108.1 | 1,055.0 |
| Goodwill | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Intangible Assets | 6.5 | 6.8 | 7.1 | 7.4 | 8.0 | 8.3 | 8.6 | 8.9 | 9.2 | 0.0 |
| Long-Term Investments | 0.0 | 0.0 | 0.0 | 0.0 | 9.0 | 9.7 | 10.0 | 10.0 | 0.0 | 0.0 |
| Other Non-Current Assets | 311.3 | 69.8 | 49.7 | 34.7 | 26.6 | (78.9) | (99.3) | 17.7 | (118.8) | 10.6 |
| Total Non-Current Assets | 1,624.0 | 1,375.8 | 1,345.3 | 1,302.2 | 1,283.1 | 1,273.7 | 1,247.8 | 1,261.9 | 1,133.9 | 1,065.6 |
| Total Assets | 3,798.3 | 2,336.2 | 2,368.1 | 2,333.6 | 2,300.3 | 2,364.3 | 2,354.0 | 2,393.1 | 2,322.2 | 2,289.4 |
| Current Liabilities | ||||||||||
| Account Payables | 25.4 | 21.7 | 20.9 | 23.6 | 21.7 | 19.8 | 26.1 | 28.0 | 92.1 | 71.7 |
| Short-Term Debt | 71.3 | 67.4 | 67.3 | 0.0 | 0.0 | 1.2 | 1.2 | 1.2 | 2.2 | 0.0 |
| Deferred Revenue | 0.0 | 79.9 | 75.3 | 56.9 | 50.0 | 50.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Current Liabilities | 134.7 | 23.4 | 15.5 | 18.9 | 8.9 | 73.0 | 6.3 | 5.5 | 1.8 | 3.8 |
| Total Current Liabilities | 270.2 | 266.9 | 248.2 | 164.0 | 146.8 | 158.1 | 107.5 | 108.5 | 97.0 | 75.8 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 951.1 | 843.4 | 842.4 | 908.7 | 937.6 | 936.6 | 935.6 | 682.0 | 681.1 | 680.2 |
| Deferred Tax Liabilities | 0.0 | 93.7 | 105.9 | 110.8 | 98.5 | 107.7 | 121.9 | 187.4 | 135.4 | 135.6 |
| Other Non-Current Liabilities | 189.3 | 48.6 | 37.6 | 26.1 | 26.9 | 27.5 | 26.0 | 24.7 | 22.0 | 25.9 |
| Total Non-Current Liabilities | 1,149.7 | 1,058.8 | 1,083.8 | 1,114.7 | 1,089.0 | 1,097.2 | 1,108.7 | 918.8 | 849.1 | 848.7 |
| Total Liabilities | 1,419.9 | 1,325.6 | 1,332.0 | 1,278.7 | 1,235.7 | 1,255.3 | 1,216.3 | 1,027.3 | 946.1 | 924.5 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 225.0 | 266.8 | 297.7 | 320.3 | 342.6 | 368.2 | 402.2 | 385.7 | 402.0 | 406.3 |
| Accumulated Other Comprehensive Income | 0.3 | (0.0) | (0.0) | 0.2 | 0.3 | (0.1) | (0.1) | 0.1 | (0.0) | (0.2) |
| Total Stockholders' Equity | 2,378.4 | 1,010.5 | 1,036.1 | 1,054.9 | 1,064.5 | 1,109.0 | 1,137.8 | 1,365.8 | 1,376.1 | 1,364.9 |
| Total Liabilities & Equity | 3,798.3 | 2,336.2 | 2,368.1 | 2,333.6 | 2,300.3 | 2,364.3 | 2,354.0 | 2,393.1 | 2,322.2 | 2,289.4 |
| Debt Metrics | ||||||||||
| Total Debt | 1,034.9 | 916.8 | 916.2 | 914.5 | 943.6 | 944.4 | 943.7 | 690.4 | 694.8 | 687.6 |
| Net Debt | (112.3) | 655.3 | 717.8 | 632.1 | 659.2 | 647.7 | 646.5 | 425.7 | 147.1 | (239.7) |
| Metric | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (41.8) | (30.9) | (22.6) | (22.3) | (25.5) | (34.1) | 16.5 | (16.3) | (4.3) | 7.4 |
| Depreciation & Amortization | 24.0 | 42.2 | 0.0 | 0.0 | 18.9 | 19.0 | 18.4 | 18.9 | 13.7 | 7.2 |
| Stock-Based Compensation | 0.0 | 5.6 | 7.4 | 4.6 | 5.5 | 5.7 | 7.5 | 6.2 | 6.3 | 5.7 |
| Change in Working Capital | (15.7) | 14.4 | (56.3) | 40.5 | (6.5) | 49.5 | (43.0) | (12.5) | (5.6) | (17.5) |
| Other Non-Cash Items | (8.6) | (21.5) | 13.0 | 19.2 | 10.1 | 4.8 | (47.6) | (5.4) | 1.1 | 1.1 |
| Operating Cash Flow | (42.0) | (3.7) | (63.2) | 30.5 | (6.8) | 30.8 | (41.1) | (13.8) | 11.0 | 10.0 |
| Investing Activities | ||||||||||
| Capital Expenditure | (50.5) | (29.0) | (30.5) | (41.6) | (46.4) | (46.5) | (51.8) | (73.0) | (58.7) | (55.8) |
| Acquisitions | 0.0 | 0.0 | 1.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Purchases of Investments | 0.0 | (319.1) | (364.7) | (417.4) | (316.9) | (443.1) | (390.6) | (489.9) | (384.4) | 0.0 |
| Sales/Maturities of Investments | 0.0 | 393.6 | 377.8 | 437.4 | 384.1 | 459.8 | 483.1 | 292.0 | 51.7 | 321.7 |
| Other Investing Activities | (282.6) | 24.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 1.8 | 1.1 | 0.0 |
| Investing Cash Flow | (333.1) | 69.7 | (15.7) | (21.6) | 20.7 | (29.7) | 40.7 | (269.1) | (390.3) | 265.9 |
| Financing Activities | ||||||||||
| Net Debt Issuance | (1.1) | (2.5) | (1.4) | (0.8) | (0.5) | (1.4) | 318.1 | (0.6) | (0.6) | (0.6) |
| Stock Repurchased | (1.6) | (0.2) | (3.6) | (5.5) | (24.3) | (0.2) | (200.8) | (0.7) | (0.3) | (0.2) |
| Dividends Paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Financing Activities | 1,263.4 | 0.0 | 0.0 | (4.5) | (0.5) | 0.0 | (84.4) | 0.0 | 0.0 | 0.0 |
| Financing Cash Flow | 1,260.6 | (2.7) | (5.0) | (10.8) | (25.3) | (1.6) | 32.9 | (1.3) | (1.0) | (0.8) |
| Cash Position | ||||||||||
| Net Change in Cash | 885.5 | 63.3 | (83.9) | (2.0) | (11.4) | (0.5) | 32.5 | (284.3) | (380.2) | 275.1 |
| Cash at Beginning | 263.0 | 199.7 | 283.6 | 285.6 | 296.7 | 297.2 | 264.6 | 548.9 | 929.5 | 654.4 |
| Cash at End | 1,148.5 | 263.0 | 199.7 | 283.6 | 285.6 | 296.7 | 297.2 | 264.6 | 549.2 | 929.5 |
| Free Cash Flow | (92.5) | (32.7) | (93.7) | (11.2) | (53.3) | (15.6) | (93.0) | (86.8) | (47.7) | (45.8) |
| Key Metrics | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 53.6 | 57.4 | 60.8 | 61.0 | 62.9 | 31.3 | 48.7 | 41.2 | 52.5 | 64.0 |
| Gross Profit | 5.1 | (13.8) | (9.4) | (19.4) | (13.7) | (28.4) | (5.3) | (1.0) | 13.5 | 29.1 |
| Operating Income | (67.0) | (43.9) | (34.8) | (44.0) | (39.5) | (53.5) | (32.4) | (33.6) | (17.5) | 0.5 |
| Net Income | (41.8) | (30.9) | (22.6) | (22.3) | (25.5) | (34.1) | 16.5 | (16.3) | (4.3) | 7.4 |
| EPS (Diluted) | -0.24 | -0.19 | -0.14 | -0.14 | -0.16 | -0.21 | -0.08 | -0.09 | -0.02 | 0.04 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 1,147.2 | 261.5 | 198.3 | 282.4 | 284.4 | 296.7 | 297.2 | 264.6 | 547.7 | 927.2 |
| Total Assets | 3,798.3 | 2,336.2 | 2,368.1 | 2,333.6 | 2,300.3 | 2,364.3 | 2,354.0 | 2,393.1 | 2,322.2 | 2,289.4 |
| Total Debt | 1,034.9 | 916.8 | 916.2 | 914.5 | 943.6 | 944.4 | 943.7 | 690.4 | 694.8 | 687.6 |
| Stockholders' Equity | 2,378.4 | 1,010.5 | 1,036.1 | 1,054.9 | 1,064.5 | 1,109.0 | 1,137.8 | 1,365.8 | 1,376.1 | 1,364.9 |
| Cash Flow | ||||||||||
| Operating Cash Flow | (42.0) | (3.7) | (63.2) | 30.5 | (6.8) | 30.8 | (41.1) | (13.8) | 11.0 | 10.0 |
| Capital Expenditure | (50.5) | (29.0) | (30.5) | (41.6) | (46.4) | (46.5) | (51.8) | (73.0) | (58.7) | (55.8) |
| Free Cash Flow | (92.5) | (32.7) | (93.7) | (11.2) | (53.3) | (15.6) | (93.0) | (86.8) | (47.7) | (45.8) |