mp materials - MP

MP

Close Chg Chg %
16.17 -0.32 -1.98%

Closed Market

15.85

-0.32 (1.98%)

Volume: 4.51M

Last Updated:

Dec 20, 2024, 3:59 PM EDT

Company Overview: mp materials - MP

MP Key Data

Open

$16.02

Day Range

15.71 - 16.26

52 Week Range

10.03 - 24.01

Market Cap

$2.64B

Shares Outstanding

163.21M

Public Float

117.21M

Beta

2.24

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.36

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

3.41M

 

MP Performance

1 Week
 
-18.22%
 
1 Month
 
-19.35%
 
3 Months
 
14.04%
 
1 Year
 
-21.15%
 
5 Years
 
N/A
 

MP Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 12
Full Ratings ➔

About mp materials - MP

MP Materials Corp. engages in the production and marketing of rare earth specialty materials. It owns and operates Mountain Pass, an industrial asset, which is the only rare earth mining and processing site of scale in the Western Hemisphere. The company was founded by James Henry Litinsky and Michael Rosenthal in 2017 and is headquartered in Las Vegas, NV.

MP At a Glance

MP Materials Corp.
1700 South Pavilion Center Drive
Las Vegas, Nevada 89135
Phone 1-702-844-6111 Revenue 253.45M
Industry Other Metals/Minerals Net Income 24.31M
Sector Non-Energy Minerals Employees 681
Fiscal Year-end 12 / 2024
View SEC Filings

MP Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 145.528
Price to Sales Ratio 13.953
Price to Book Ratio 2.588
Price to Cash Flow Ratio 56.402
Enterprise Value to EBITDA 40.908
Enterprise Value to Sales 12.735
Total Debt to Enterprise Value 0.214

MP Efficiency

Revenue/Employee 372,165.932
Income Per Employee 35,693.098
Receivables Turnover 8.641
Total Asset Turnover 0.109

MP Liquidity

Current Ratio 10.421
Quick Ratio 9.544
Cash Ratio 9.204

MP Profitability

Gross Margin 41.438
Operating Margin 8.791
Pretax Margin 13.05
Net Margin 9.591
Return on Assets 1.044
Return on Equity 1.815
Return on Total Capital 1.182
Return on Invested Capital 1.20

MP Capital Structure

Total Debt to Total Equity 50.546
Total Debt to Total Capital 33.575
Total Debt to Total Assets 28.848
Long-Term Debt to Equity 50.462
Long-Term Debt to Total Capital 33.519
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Mp Materials - MP

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
134.31M 331.95M 527.51M 253.44M
Sales Growth
+82.96% +147.15% +58.91% -51.95%
Cost of Goods Sold (COGS) incl D&A
72.98M 103.01M 112.05M 148.42M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
9.19M 26.76M 19.83M 56.62M
Depreciation
9.19M 26.76M 19.83M 56.22M
Amortization of Intangibles
- - - 400.00K
-
COGS Growth
+7.26% +41.14% +8.78% +32.46%
Gross Income
61.33M 228.94M 415.46M 105.02M
Gross Income Growth
+1,042.22% +273.32% +81.47% -74.72%
Gross Profit Margin
+45.66% +68.97% +78.76% +41.44%
2020 2021 2022 2023 5-year trend
SG&A Expense
29.41M 60.22M 87.66M 82.74M
Research & Development
- 4.57M 11.82M 3.50M
Other SG&A
29.41M 55.65M 75.84M 79.25M
SGA Growth
+126.45% +104.73% +45.56% -5.61%
Other Operating Expense
- - - 1.81M
-
Unusual Expense
- 66.61M (2.40M) 11.44M
EBIT after Unusual Expense
(34.70M) 169.31M 327.80M 10.85M
Non Operating Income/Expense
251.00K (216.00K) 19.14M 27.48M
Non-Operating Interest Income
163.00K 353.00K 19.83M 55.64M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
5.01M 8.90M 5.79M 5.25M
Interest Expense Growth
+46.81% +77.76% -35.02% -9.19%
Gross Interest Expense
5.17M 9.17M 6.15M 5.58M
Interest Capitalized
162.00K 264.00K 360.00K 326.00K
Pretax Income
(39.46M) 160.19M 341.15M 33.08M
Pretax Income Growth
-484.26% +505.96% +112.96% -90.30%
Pretax Margin
-29.38% +48.26% +64.67% +13.05%
Income Tax
(17.64M) 25.16M 52.15M 8.77M
Income Tax - Current - Domestic
156.00K 7.73M 34.36M 313.00K
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(17.79M) 17.43M 17.79M 8.46M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(21.82M) 135.04M 289.00M 24.31M
Minority Interest Expense
- - - -
-
Net Income
(21.82M) 135.04M 289.00M 24.31M
Net Income Growth
-223.09% +718.73% +114.02% -91.59%
Net Margin Growth
-16.25% +40.68% +54.79% +9.59%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(21.82M) 135.04M 289.00M 24.31M
Preferred Dividends
- - - -
-
Net Income Available to Common
(21.82M) 135.04M 289.00M 24.31M
EPS (Basic)
-0.2739 0.7784 1.6372 0.1372
EPS (Basic) Growth
-169.85% +384.19% +110.33% -91.62%
Basic Shares Outstanding
79.69M 173.47M 176.52M 177.18M
EPS (Diluted)
-0.2739 0.729 1.5169 0.1364
EPS (Diluted) Growth
-169.85% +366.16% +108.08% -91.01%
Diluted Shares Outstanding
79.69M 189.84M 193.45M 178.15M
EBITDA
41.10M 193.67M 347.63M 78.90M
EBITDA Growth
+4,998.45% +371.24% +79.50% -77.30%
EBITDA Margin
+30.60% +58.34% +65.90% +31.13%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 22.282
Number of Ratings 12 Current Quarters Estimate -0.109
FY Report Date 12 / 2024 Current Year's Estimate -0.429
Last Quarter’s Earnings -0.12 Median PE on CY Estimate N/A
Year Ago Earnings 0.39 Next Fiscal Year Estimate -0.026
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 10 6 11 11
Mean Estimate -0.11 -0.07 -0.43 -0.03
High Estimates 0.03 0.03 -0.30 0.40
Low Estimate -0.19 -0.15 -0.64 -0.59
Coefficient of Variance -56.83 -93.19 -22.51 -981.26

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 7 7 7
OVERWEIGHT 1 1 1
HOLD 4 4 4
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Mp Materials - MP

Date Name Shares Transaction Value
Jun 13, 2024 Arnold W. Donald Director 9,316 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 13, 2024 Connie Kadrovach Duckworth Director 9,316 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 13, 2024 Randall John Weisenburger Director 9,316 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 13, 2024 Richard B. Myers Director 9,316 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 13, 2024 Maryanne R. Lavan Director 9,316 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 13, 2024 Andrew A. McKnight Director 9,316 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 29, 2024 Ryan Sean Corbett Chief Financial Officer 325,021 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $16.93 per share 5,502,605.53
May 21, 2024 Elliot Dean Hoops General Counsel and Secretary 78,117 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $18.25 per share 1,425,635.25
May 21, 2024 Elliot Dean Hoops General Counsel and Secretary 71,228 Bona fide gift 0.00
May 21, 2024 Elliot Dean Hoops General Counsel and Secretary 38,114 Bona fide gift 0.00

Mp Materials in the News