MP Materials Corp. is an American rare-earth materials company headquartered in Las Vegas, Nevada. MP Materials owns and operates the Mountain Pass mine, the only operating rare earth mine and processing facility in the United States. MP Materials focuses its production on neodymium-praseodymium (NdPr), a rare-earth material used in high-strength permanent magnets that power the traction motors found in electric vehicles, robotics, wind turbines, drones, and other advanced motion technologies. MP Materials is listed on the New York Stock Exchange under the ticker symbol "MP". As of December 2021, JHL Capital Group, QVT Financial and CEO James Litinsky were the company's three largest shareholders, with about 7.7% of the company owned by Shenghe Resources, a Chinese company partly owned by the country's Ministry of Natural Resources. In July 2025, the United States Department of Defense announced a deal that would make it the largest shareholder of MP Materials.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| MP | MP Materials Corp. / DE | 2026-10-08 08:45:54 | 46.41 | 0.09 | 0.21 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MP | 0001801368 | MP Materials Corp. / DE | US5533681012 | 89450063PHPS61USMT84 | 844465489 | NYSE | 1000 | Metal Mining | 1231 | DE | 1700 S. PAVILION CENTER DR. | LAS VEGAS | NV | 89135 | UNITED STATES | US | (702) 844-6111 | 1700 S. PAVILION CENTER DR., LAS VEGAS, NV, 89135 | 1700 S. PAVILION CENTER DR., LAS VEGAS, NV, 89135 | Fortress Value Acquisition Corp. | Materials | 2017 | James Litinsky | 681 | https://mpmaterials.com | 5,000,000,000 | 193,301,058 | 178,101,588 | MP Materials Corp. is an American rare-earth materials company headquartered in Las Vegas, Nevada. MP Materials owns and operates the Mountain Pass mine, the only operating rare earth mine and processing facility in the United States. MP Materials focuses its production on neodymium-praseodymium (NdPr), a rare-earth material used in high-strength permanent magnets that power the traction motors found in electric vehicles, robotics, wind turbines, drones, and other advanced motion technologies. MP Materials is listed on the New York Stock Exchange under the ticker symbol "MP". As of December 2021, JHL Capital Group, QVT Financial and CEO James Litinsky were the company's three largest shareholders, with about 7.7% of the company owned by Shenghe Resources, a Chinese company partly owned by the country's Ministry of Natural Resources. In July 2025, the United States Department of Defense announced a deal that would make it the largest shareholder of MP Materials. | 2026-10-01 18:57:26 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 5,000,000,000 | 3,200,000,000 | 177.7778 | 177,667,450 | 14,225,233 | 8.7035 |
| 2024 | 1,800,000,000 | -1,800,000,000 | -50 | 163,442,217 | -14,635,461 | -8.2186 |
| 2023 | 3,600,000,000 | 200,000,000 | 5.8824 | 178,077,678 | 459,883 | 0.2589 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Michael Rosenthal | Chief Operating Officer | 2022 | 425,000 | 0 | 280,980 | 707,647 | 4,000 | 1,417,627 |
| Elliot D. Hoops | General Counsel, Secretary | 2022 | 400,000 | 0 | 805,616 | 666,021 | 4,000 | 1,875,637 |
| James H. Litinsky | Chairman Of The Board, Chief Executive Officer | 2022 | 600,000 | 0 | 0 | 999,032 | 0 | 1,599,032 |
| Ryan Corbett | Chief Financial Officer | 2022 | 425,000 | 0 | 1,904,857 | 707,647 | 4,000 | 3,041,504 |
| Elliot D. Hoops | General Counsel, Secretary | 2021 | 215,385 | 275,000 | 1,249,963 | 0 | 3,500 | 1,743,848 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 224,441,000 | 203,855,000 | 253,445,000 |
| Cost Of Revenue | 192,789,000 | 192,586,000 | 92,714,000 |
| Gross Profit | 31,652,000 | 11,269,000 | 160,731,000 |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | 112,066,000 | 83,299,000 | 79,245,000 |
| Operating Expenses | 424,831,000 | 373,281,000 | 271,164,000 |
| Operating Income | -149,374,000 | -169,426,000 | -17,719,000 |
| Net Income | -85,874,000 | -65,424,000 | 24,307,000 |
| Earnings Per Share Basic | -0.5 | -0.39 | 0.14 |
| Earnings Per Share Diluted | -0.5 | -0.57 | 0.14 |
| Weighted Average Shares Outstanding Basic | 170,126,753 | 166,840,611 | 177,181,661 |
| Weighted Average Shares Outstanding Diluted | 170,126,753 | 169,882,640 | 178,152,212 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 1,166,011,000 | 282,442,000 | 263,351,000 |
| Marketable Securities Current | 664,275,000 | 568,426,000 | 734,493,000 |
| Accounts Receivable | 14,642,000 | 18,874,000 | 10,029,000 |
| Inventories | 171,560,000 | 107,905,000 | 95,182,000 |
| Non Trade Receivables | 131,038,000 | 23,672,000 | — |
| Other Assets Current | 17,271,000 | 10,204,000 | 8,820,000 |
| Total Assets Current | 2,165,801,000 | 1,031,322,000 | 1,131,177,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 1,369,817,000 | 1,251,496,000 | 1,158,054,000 |
| Other Assets Non Current | 38,335,000 | 15,659,000 | 5,252,000 |
| Total Assets Non Current | 1,698,359,000 | 1,302,236,000 | 1,205,275,000 |
| Total Assets | 3,864,160,000 | 2,333,558,000 | 2,336,452,000 |
| Accounts Payable | 36,655,000 | 23,562,000 | 27,995,000 |
| Deferred Revenue | 74,301,000 | 56,880,000 | — |
| Short Term Debt | 67,411,000 | — | — |
| Other Liabilities Current | 25,596,000 | 18,850,000 | 6,616,000 |
| Total Liabilities Current | 299,049,000 | 164,019,000 | 108,550,000 |
| Long Term Debt | 998,741,000 | 908,729,000 | 681,980,000 |
| Other Liabilities Non Current | 57,005,000 | 26,114,000 | 3,025,000 |
| Total Liabilities Non Current | 1,172,743,000 | 1,114,659,000 | 862,123,000 |
| Total Liabilities | 1,471,792,000 | 1,278,678,000 | 970,673,000 |
| Common Stock | 19,000 | 18,000 | 17,000 |
| Retained Earnings | 234,428,000 | 320,302,000 | 385,726,000 |
| Accumulated Other Comprehensive Income | 387,000 | 173,000 | 145,000 |
| Total Shareholders Equity | 1,978,757,000 | 1,054,880,000 | 1,365,779,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 89,267,000 | 78,057,000 | 55,709,000 |
| Share Based Compensation Expense | 30,163,000 | 23,183,000 | 25,236,000 |
| Other Non Cash Income Expense | 7,082,000 | -4,837,000 | -808,000 |
| Change In Accounts Receivable | -4,003,000 | 8,845,000 | -22,827,000 |
| Change In Inventories | 115,019,000 | 41,537,000 | 47,099,000 |
| Change In Non Trade Receivables | 110,439,000 | 497,000 | 19,302,000 |
| Change In Other Assets | 8,959,000 | 1,301,000 | -2,377,000 |
| Change In Accounts Payable | 9,392,000 | 1,332,000 | 11,305,000 |
| Change In Other Liabilities | -1,221,000 | 26,988,000 | -294,000 |
| Cash From Operating Activities | -155,755,000 | 13,349,000 | 62,699,000 |
| Purchases Of Marketable Securities | 1,819,026,000 | 1,567,983,000 | 1,185,477,000 |
| Sales Of Marketable Securities | 176,074,000 | 166,371,000 | 507,736,000 |
| Acquisition Of Property Plant And Equipment | 172,375,000 | 186,418,000 | 261,897,000 |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -206,049,000 | 10,057,000 | 68,697,000 |
| Tax Withholding For Share Based Compensation | 10,919,000 | 10,112,000 | 7,185,000 |
| Payments Of Dividends | — | — | — |
| Issuance Of Common Stock | 747,500,000 | — | — |
| Repurchase Of Common Stock | 0 | 225,068,000 | — |
| Issuance Of Long Term Debt | 61,540,000 | 747,500,000 | — |
| Repayment Of Long Term Debt | — | — | 2,732,000 |
| Other Financing Activities | — | — | 0 |
| Cash From Financing Activities | 1,245,560,000 | -4,791,000 | -9,917,000 |
| Change In Cash | 883,756,000 | 18,615,000 | 121,479,000 |
| Cash At End Of Period | 1,166,011,000 | 282,442,000 | 263,351,000 |
| Income Taxes Paid | — | — | 20,105,000 |
| Interest Paid | 23,097,000 | 12,127,000 | 2,059,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | -0.5 | -0.39 | 0.14 |
| Price To Earnings Ratio | -101.04 | -40 | 141.7857 |
| Earnings Growth Rate | 28.2051 | -378.5714 | -91.4634 |
| Price Earnings To Growth Ratio | -3.5823 | 0.1057 | -1.5502 |
| Book Value Per Share | 14.0623 | 6.3227 | 7.7084 |
| Price To Book Ratio | 3.5926 | 2.4673 | 2.5751 |
| Ebitda | 34,874,000 | 36,034,000 | 105,375,000 |
| Enterprise Value | 8,494,944,561.56 | 3,229,000,531.6 | 3,935,684,970.85 |
| Dividend Yield | — | — | — |
| Dividend Payout Ratio | — | — | — |
| Debt To Equity Ratio | 0.5388 | 0.8615 | 0.4993 |
| Capital Expenditures | 207,588,000 | 171,499,000 | 278,020,000 |
| Free Cash Flow | -363,343,000 | -158,150,000 | -215,321,000 |
| Return On Equity | -0.0434 | -0.062 | 0.0178 |
| One Year Beta | 1.0093 | 1.6989 | 1.8117 |
| Three Year Beta | 1.3498 | 1.7521 | 1.8068 |
| Five Year Beta | 1.5881 | 1.6863 | 1.6873 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| DUCKWORTH CONNIE K | Director | 2026-09-30 | 740 | A | 42,514 |
| DUCKWORTH CONNIE K | Director | 2026-06-30 | 624 | A | 41,774 |
| MYERS RICHARD B | Director | 2026-06-15 | 3,998 | A | 7,792 |
| MYERS RICHARD B | Director | 2026-06-15 | 3,998 | D | 0 |
| Lavan Maryanne | Director | 2026-06-15 | 3,998 | A | 23,753 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Thomas Suozzi | 2022-05-20 | NY03 | Purchase | 2022-05-05 | — | $15,001 - $50,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Rye Brook Capital LLC | 2026-09-30 | 648,000 | 13,698 | 47.3062 |
| Investors Research Corp | 2026-09-30 | 6,431 | 136 | 47.2868 |
| Crumly & Associates Inc. | 2026-09-30 | 460,888 | 9,746 | 47.29 |
| Great Waters Wealth Management | 2026-09-30 | 271,492 | 5,741 | 47.29 |
| MOODY NATIONAL BANK TRUST DIVISION | 2026-09-30 | 485,999 | 10,277 | 47.29 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS INC | 2026-07-31 | R5 CLASS | AACGX | 828 | 34,254.36 | 0.0124 |
| AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS INC | 2026-07-31 | R6 CLASS | AACDX | 828 | 34,254.36 | 0.0124 |
| AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS INC | 2026-07-31 | C CLASS | AACCX | 828 | 34,254.36 | 0.0124 |
| AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS INC | 2026-07-31 | I CLASS | ACCIX | 828 | 34,254.36 | 0.0124 |
| AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS INC | 2026-07-31 | A CLASS | ACCAX | 828 | 34,254.36 | 0.0124 |