Cash flow MP Materials Corp.

Equities

MP

US5533681012

Non-Gold Precious Metals & Minerals

Real-time Estimate Cboe BZX Other stock markets 15:38:51 13/01/2026 GMT			5-day change	1st Jan Change
64.73 ^USD	-0.93%		+9.18%	+29.28%

12:19pm	William Blair Initiates MP Materials at Outperform	MT
01-12	MP Materials Insider Sold Shares Worth $19,246,616, According to a Recent SEC Filing	MT

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Published financial data: MP MATERIALS CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	134M	332M	528M	253M	204M
Total Revenues	134M	332M	528M	253M	204M
Cost of Goods Sold, Total	66.2M	78.06M	92.22M	92.71M	193M
Gross Profit	68.11M	254M	435M	161M	11.27M
Selling General & Admin Expenses, Total	23.75M	40.92M	75.84M	79.24M	83.3M
Stock-Based Compensation (IS)	-	-	373K	73K	417K
Depreciation & Amortization - (IS)	6.93M	24.38M	18.36M	55.71M	78.06M
Other Operating Expenses	2.26M	6.95M	12.92M	15.77M	11.82M
Other Operating Expenses, Total	32.94M	72.24M	107M	151M	174M
Operating Income	35.17M	182M	328M	9.94M	-162M
Interest Expense, Total	-5.01M	-8.9M	-5.79M	-5.25M	-23.01M
Interest And Investment Income	163K	353K	19.8M	55.64M	47.11M
Net Interest Expenses	-4.85M	-8.55M	14.01M	50.38M	24.1M
Income (Loss) On Equity Invest.	-	-	-	-	-600K
Other Non Operating Income (Expenses)	189K	-	27K	39K	-341K
EBT, Excl. Unusual Items	30.51M	173M	342M	60.36M	-139M
Merger & Related Restructuring Charges	-3.26M	-15.3M	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-300K	372K	5K
Gain (Loss) On Sale Of Assets	-101K	-	-391K	-826K	-1.42M
Legal Settlements	-	-1M	-	-	-
Other Unusual Items	-66.62M	3.4M	-	-26.83M	47.23M
EBT, Incl. Unusual Items	-39.46M	160M	341M	33.08M	-93.35M
Income Tax Expense	-17.64M	25.16M	52.15M	8.77M	-27.92M
Earnings From Continuing Operations	-21.82M	135M	289M	24.31M	-65.42M
Net Income to Company	-21.82M	135M	289M	24.31M	-65.42M
Net Income - (IS)	-21.82M	135M	289M	24.31M	-65.42M
Net Income to Common Incl Extra Items	-21.82M	135M	289M	24.31M	-65.42M
Net Income to Common Excl. Extra Items	-21.82M	135M	289M	24.31M	-65.42M
Per Share Items
Net EPS - Basic	-0.27	0.78	1.64	0.14	-0.39
Basic EPS - Continuing Operations	-0.27	0.78	1.64	0.14	-0.39
Basic Weighted Average Shares Outstanding	79.69M	173M	177M	177M	167M
Net EPS - Diluted	-0.27	0.73	1.52	0.14	-0.57
Diluted EPS - Continuing Operations	-0.27	0.73	1.52	0.14	-0.57
Diluted Weighted Average Shares Outstanding	79.69M	190M	193M	178M	170M
Normalized Basic EPS	0.24	0.62	1.21	0.21	-0.52
Normalized Diluted EPS	0.24	0.57	1.1	0.21	-0.51
American Depositary Receipts Ratio (ADR)	0.2	0.2	0.2	0.2	0.2
Supplemental Items
EBITDA	44.36M	208M	348M	66.55M	-84.26M
EBITA	37.42M	184M	329M	11.24M	-161M
EBIT	35.17M	182M	328M	9.94M	-162M
EBITDAR	48.07M	210M	350M	70.02M	-79.18M
Total Revenues (As Reported)	-	332M	528M	253M	-
Effective Tax Rate - (Ratio)	44.69	15.7	15.29	26.51	29.91
Current Domestic Taxes	156K	7.73M	34.36M	313K	-148K
Total Current Taxes	156K	7.73M	34.36M	313K	-148K
Deferred Domestic Taxes	-17.79M	17.42M	17.79M	8.46M	-27.78M
Total Deferred Taxes	-17.79M	17.42M	17.79M	8.46M	-27.78M
Normalized Net Income	19.07M	108M	214M	37.72M	-86.97M
Interest Capitalized	162K	264K	360K	326K	391K
Interest on Long-Term Debt	5.17M	9.17M	6.15M	5.58M	23.4M
Supplemental Operating Expense Items
General and Administrative Expenses	23.75M	40.92M	-	-	-
Net Rental Expense, Total	3.71M	1.94M	1.93M	3.46M	5.08M
Imputed Operating Lease Interest Expense	3.24M	367K	137K	224K	1.18M
Imputed Operating Lease Depreciation	477K	1.58M	1.8M	3.24M	3.9M
Stock-Based Comp., COGS (Total)	277K	4.29M	2.85M	3.93M	3.31M
Stock-Based Comp., G&A Exp. (Total)	4.74M	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	-	-	28.55M	20.51M	19.07M
Stock-Based Comp., Other (Total)	-	18.64M	373K	796K	798K
Total Stock-Based Compensation	5.01M	22.93M	31.78M	25.24M	23.18M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	520M	1.18B	137M	263M	282M
Short Term Investments	-	-	1.05B	734M	568M
Total Cash And Short Term Investments	520M	1.18B	1.18B	998M	851M
Accounts Receivable, Total	3.59M	51.01M	32.86M	10.03M	18.87M
Other Receivables	-	-	4.7M	20.2M	44.07M
Total Receivables	3.59M	51.01M	37.56M	30.23M	62.94M
Inventory	32.27M	38.69M	57.55M	95.18M	108M
Prepaid Expenses	1.85M	6.46M	10.08M	6.63M	8.79M
Restricted Cash	3.69M	1.34M	6.29M	1.29M	812K
Total Current Assets	561M	1.28B	1.29B	1.13B	1.03B
Gross Property Plant And Equipment	519M	651M	994M	1.28B	1.45B
Accumulated Depreciation	-14.89M	-39.63M	-58.74M	-115M	-192M
Net Property Plant And Equipment	504M	612M	936M	1.17B	1.26B
Long-term Investments	-	-	-	9.67M	9.1M
Other Intangibles, Total	-	-	-	8.88M	7.37M
Other Long-Term Assets, Total	9.15M	1.15M	8.22M	18.01M	24.68M
Total Assets	1.07B	1.89B	2.24B	2.34B	2.33B
Liabilities
Accounts Payable, Total	16.16M	35.73M	72.26M	28M	23.56M
Accrued Expenses, Total	-	-	-	27.46M	38.31M
Current Portion of Long-Term Debt	25.31M	18.65M	2.39M	2.11M	2.1M
Current Portion of Leases	1.03M	611K	-	1.15M	1.58M
Current Income Taxes Payable	-	3.46M	21.16M	-	-
Unearned Revenue Current, Total	-	-	-	1.7M	58.88M
Other Current Liabilities	567K	1.09M	1.66M	48.13M	39.58M
Total Current Liabilities	43.06M	59.54M	97.48M	109M	164M
Long-Term Debt	46.61M	682M	683M	685M	909M
Long-Term Leases	1.09M	554K	-	7.22M	6.02M
Unearned Revenue Non Current	-	-	-	17.43M	63.21M
Deferred Tax Liability Non Current	87.47M	104M	122M	131M	111M
Other Non Current Liabilities	42.18M	34.32M	22.13M	22.06M	25.36M
Total Liabilities	220M	881M	925M	971M	1.28B
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	17K	18K	18K	17K	18K
Additional Paid In Capital	916M	936M	951M	980M	961M
Retained Earnings	-62.62M	72.42M	361M	386M	320M
Treasury Stock	-	-	-	-	-227M
Comprehensive Income and Other	-	-	189K	145K	173K
Total Common Equity	854M	1.01B	1.31B	1.37B	1.05B
Total Equity	854M	1.01B	1.31B	1.37B	1.05B
Total Liabilities And Equity	1.07B	1.89B	2.24B	2.34B	2.33B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	171M	178M	178M	178M	163M
ECS Total Common Shares Outstanding	171M	178M	178M	178M	163M
Book Value / Share	5	5.67	7.39	7.67	6.46
Tangible Book Value	854M	1.01B	1.31B	1.36B	1.05B
Tangible Book Value Per Share	5	5.67	7.39	7.62	6.42
Total Debt	74.04M	702M	686M	695M	919M
Net Debt	-446M	-477M	-497M	-303M	68.1M
Debt Equivalent Oper. Leases	29.7M	15.54M	15.46M	27.7M	40.63M
Equity Method Investments, Total	-	-	-	9.67M	9.1M
Account Code - Inventory Valuation	6	-	3	-	3
Inventories - Raw Materials, Total	5.12M	10.71M	28.59M	42.37M	48.4M
Inventories - Work In Process, Total	24.52M	25.57M	27.21M	43.53M	45.59M
Inventories - Finished Goods, Total	2.62M	2.41M	1.75M	9.28M	13.92M
Land - (BS)	6.53M	61.82M	16.1M	27.09M	42.79M
Buildings, Total	2.95M	8.79M	15.11M	92.2M	96.96M
Machinery, Total	22.91M	7.92M	186M	503M	662M
Full Time Employees	277	365	486	681	804
Assets under Capital Lease - Gross	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-21.82M	135M	289M	24.31M	-65.42M
Depreciation & Amortization - CF	6.93M	24.38M	18.36M	55.31M	76.86M
Amortization of Goodwill and Intangible Assets - (CF)	2.26M	2.38M	1.48M	1.31M	1.2M
Depreciation & Amortization, Total	9.19M	26.76M	19.83M	56.62M	78.06M
Amortization of Deferred Charges, Total - (CF)	3.15M	7.38M	4.03M	3.54M	3.9M
(Gain) Loss From Sale Of Asset	101K	569K	391K	808K	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-9.96M	-26.32M	-30.26M
Stock-Based Compensation (CF)	5.01M	22.93M	31.78M	25.24M	23.18M
Other Operating Activities, Total	45.3M	-39M	4.22M	10.74M	-54.32M
Change In Accounts Receivable	-3.22M	-47.42M	18.15M	22.83M	-8.84M
Change In Inventories	-9.22M	-8.23M	-24.31M	-47.1M	-41.54M
Change In Accounts Payable	-3.85M	5.53M	1.96M	11.3M	1.33M
Change in Unearned Revenues	1.93M	-	-	19.12M	105M
Change In Income Taxes	-	3.46M	15.5M	-21.16M	-22.84M
Change In Deferred Taxes	-17.79M	-	-	-	-
Change in Other Net Operating Assets	-5.5M	-5.06M	-7.09M	-17.22M	25.19M
Cash from Operations	3.28M	102M	344M	62.7M	13.35M
Capital Expenditure	-22.37M	-124M	-327M	-262M	-186M
Sale of Property, Plant, and Equipment	-	125K	-	18K	-
Investment in Marketable and Equity Securities, Total	-	-	-1.04B	328M	196M
Other Investing Activities, Total	-	4.38M	5.13M	2.8M	96K
Cash from Investing	-22.37M	-119M	-1.36B	68.7M	10.06M
Long-Term Debt Issued, Total	3.36M	690M	-	-	748M
Total Debt Issued	3.36M	690M	-	-	748M
Long-Term Debt Repaid, Total	-20.18M	-2.44M	-5.83M	-2.73M	-431M
Total Debt Repaid	-20.18M	-2.44M	-5.83M	-2.73M	-431M
Issuance of Common Stock	545M	-	-	-	-
Repurchase of Common Stock	-	-3.33M	-18.36M	-7.18M	-235M
Other Financing Activities, Total	-5.94M	-18.13M	-	-	-85.98M
Cash from Financing	522M	666M	-24.19M	-9.92M	-4.79M
Net Change in Cash	503M	649M	-1.04B	121M	18.62M
Supplemental Items
Cash Interest Paid	3.09M	1.2M	2.1M	2.06M	12.13M
Cash Income Tax Paid (Refund)	255K	4.17M	18.86M	20.1M	870K
Levered Free Cash Flow	-12.1M	8.61M	-29.47M	-185M	-189M
Unlevered Free Cash Flow	-12.11M	6.79M	-29.88M	-185M	-179M
Change In Net Working Capital	25.92M	32.56M	-40.22M	11.21M	-7.93M
Net Debt Issued / Repaid	-16.82M	688M	-5.83M	-2.73M	316M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.74	7.66	9.93	0.27	-4.34
Return on Total Capital	4.72	8.61	11.05	0.31	-5.03
Return On Equity %	-5.22	14.5	24.9	1.82	-5.41
Return on Common Equity	-5.22	14.5	24.9	1.82	-5.41
Margin Analysis
Gross Profit Margin %	50.71	76.48	82.52	63.42	5.53
SG&A Margin	17.68	12.33	14.38	31.27	40.86
EBITDA Margin %	33.02	62.78	65.9	26.26	-41.34
EBITA Margin %	27.86	55.44	62.42	4.44	-79.04
EBIT Margin %	26.19	54.72	62.14	3.92	-79.63
Income From Continuing Operations Margin %	-16.25	40.68	54.79	9.59	-32.09
Net Income Margin %	-16.25	40.68	54.79	9.59	-32.09
Net Avail. For Common Margin %	-16.25	40.68	54.79	9.59	-32.09
Normalized Net Income Margin	14.2	32.59	40.5	14.88	-42.66
Levered Free Cash Flow Margin	-9.01	2.59	-5.59	-72.91	-92.8
Unlevered Free Cash Flow Margin	-9.02	2.05	-5.67	-73.01	-87.66
Asset Turnover
Asset Turnover	0.23	0.22	0.26	0.11	0.09
Fixed Assets Turnover	0.49	0.6	0.68	0.24	0.17
Receivables Turnover (Average Receivables)	67.85	12.16	12.58	11.82	14.11
Inventory Turnover (Average Inventory)	2.39	2.2	1.92	1.21	1.9
Short Term Liquidity
Current Ratio	13.03	21.44	13.27	10.42	6.29
Quick Ratio	12.15	20.66	12.51	9.47	5.57
Operating Cash Flow to Current Liabilities	0.08	1.71	3.52	0.58	0.08
Days Sales Outstanding (Average Receivables)	5.39	30.02	29.01	30.88	25.95
Days Outstanding Inventory (Average Inventory)	152.91	165.91	190.47	300.65	192.98
Average Days Payable Outstanding	73.59	112.1	177.44	60.66	45.95
Cash Conversion Cycle (Average Days)	84.71	83.82	42.05	270.87	172.97
Long Term Solvency
Total Debt/Equity	8.67	69.58	52.23	50.89	87.12
Total Debt / Total Capital	7.98	41.03	34.31	33.73	46.56
LT Debt/Equity	5.59	67.67	52.05	50.65	86.77
Long-Term Debt / Total Capital	5.14	39.9	34.19	33.57	46.37
Total Liabilities / Total Assets	20.52	46.62	41.34	41.54	54.8
EBIT / Interest Expense	7.02	20.4	56.65	1.89	-7.05
EBITDA / Interest Expense	9.6	23.62	60.08	13.33	-3.44
(EBITDA - Capex) / Interest Expense	5.13	9.71	3.64	-36.52	-11.54
Total Debt / EBITDA	1.54	3.34	1.97	9.93	-11.61
Net Debt / EBITDA	-9.27	-2.27	-1.43	-4.32	-0.86
Total Debt / (EBITDA - Capex)	2.88	8.12	32.58	-3.62	-3.46
Net Debt / (EBITDA - Capex)	-17.34	-5.52	-23.61	1.58	-0.26
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	82.96	147.15	58.91	-51.95	-19.57
Gross Profit, 1 Yr. Growth %	563.48	272.79	71.45	-63.08	-92.99
EBITDA, 1 Yr. Growth %	-5.39K	322.74	79.5	-81.26	-228.36
EBITA, 1 Yr. Growth %	-777.25	334.35	94.51	-96.66	-1.66K
EBIT, 1 Yr. Growth %	-561.55	352.84	96.39	-97.04	-1.73K
Earnings From Cont. Operations, 1 Yr. Growth %	223.09	-718.73	114.02	-91.59	-369.16
Net Income, 1 Yr. Growth %	223.09	-718.73	114.02	-91.59	-369.16
Normalized Net Income, 1 Yr. Growth %	-389.52	389.6	115.86	-82.73	-330.55
Diluted EPS Before Extra, 1 Yr. Growth %	169.85	-366.2	108.07	-90.96	-516.67
Accounts Receivable, 1 Yr. Growth %	870	1.32K	-35.59	-69.48	88.19
Inventory, 1 Yr. Growth %	40.02	19.89	48.75	65.38	13.37
Net Property, Plant and Equip., 1 Yr. Growth %	960.29	21.35	53.25	24.82	7.9
Total Assets, 1 Yr. Growth %	955.35	75.9	18.42	4.41	-0.12
Tangible Book Value, 1 Yr. Growth %	-4.84K	18.14	30.13	3.38	-22.8
Common Equity, 1 Yr. Growth %	-4.84K	18.14	30.13	4.05	-22.76
Cash From Operations, 1 Yr. Growth %	-849.89	3.01K	236.87	-81.75	-78.71
Capital Expenditures, 1 Yr. Growth %	883.73	453.73	163.66	-19.81	-28.82
Levered Free Cash Flow, 1 Yr. Growth %	288.61	-195.55	-241K	633.72	1.87
Unlevered Free Cash Flow, 1 Yr. Growth %	511.29	-175.23	1.55K	622.73	-3.9
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	41.15	112.65	98.18	-12.62	-37.84
Gross Profit, 2 Yr. CAGR %	159.24	397.33	152.81	-20.72	-83.91
EBITDA, 2 Yr. CAGR %	216.39	1.48K	179.5	-41.28	-51.19
EBITA, 2 Yr. CAGR %	133.13	477.07	196.06	-74.18	-30.69
EBIT, 2 Yr. CAGR %	98.97	388.24	204.68	-75.56	-30.43
Earnings From Cont. Operations, 2 Yr. CAGR %	27.31	347.11	263.89	-57.57	-52.42
Net Income, 2 Yr. CAGR %	27.31	347.11	263.89	-57.57	-52.42
Normalized Net Income, 2 Yr. CAGR %	41.36	406.24	234.48	-38.14	-36.89
Diluted EPS Before Extra, 2 Yr. CAGR %	-	168.02	135.34	-56.62	-38.61
Accounts Receivable, 2 Yr. CAGR %	299.39	1.07K	202.57	-55.66	-24.21
Inventory, 2 Yr. CAGR %	54.76	29.57	33.54	56.84	36.93
Net Property, Plant and Equip., 2 Yr. CAGR %	208.59	258.7	36.25	38.35	16.06
Total Assets, 2 Yr. CAGR %	234.05	330.86	44.33	11.2	2.12
Tangible Book Value, 2 Yr. CAGR %	694.07	648.15	23.99	15.98	-10.66
Common Equity, 2 Yr. CAGR %	694.07	648.15	23.99	16.36	-10.35
Cash From Operations, 2 Yr. CAGR %	-59.72	1.43K	923.84	-21.59	-80.29
Capital Expenditures, 2 Yr. CAGR %	69.46	638.05	282.1	45.41	-24.45
Levered Free Cash Flow, 2 Yr. CAGR %	-	66.29	56.65	2.12K	166.37
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	85.1	57.66	818.06	156.88
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	70.12	92.97	23.57	-15
Gross Profit, 3 Yr. CAGR %	-	192.61	248.72	33.14	-64.68
EBITDA, 3 Yr. CAGR %	-	260.97	645.51	14.36	-24.14
EBITA, 3 Yr. CAGR %	-	198.97	290.59	-33.11	-1.51
EBIT, 3 Yr. CAGR %	-	173.45	250.39	-34.47	-0.8
Earnings From Cont. Operations, 3 Yr. CAGR %	-	115.64	249.75	3.66	-21.46
Net Income, 3 Yr. CAGR %	-	115.64	249.75	3.66	-21.46
Normalized Net Income, 3 Yr. CAGR %	-	124.64	269.9	25.47	-4.09
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	146.32	-20.58	-7.79
Accounts Receivable, 3 Yr. CAGR %	-	509.75	346.14	40.85	-28.21
Inventory, 3 Yr. CAGR %	-	42.14	35.67	43.41	40.76
Net Property, Plant and Equip., 3 Yr. CAGR %	-	126.08	170	32.35	27.35
Total Assets, 3 Yr. CAGR %	-	169.75	180.13	29.56	7.29
Tangible Book Value, 3 Yr. CAGR %	-	320.76	317.62	16.69	1.27
Common Equity, 3 Yr. CAGR %	-	320.76	317.62	16.95	1.5
Cash From Operations, 3 Yr. CAGR %	-	71.56	822.9	167.46	-49.22
Capital Expenditures, 3 Yr. CAGR %	-	151.46	423.69	127.07	14.6
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	111.54	148.74	695.01
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	147.07	148.74	333.38
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	30.32	22.66
Gross Profit, 5 Yr. CAGR %	-	-	-	73.81	1.88
EBITDA, 5 Yr. CAGR %	-	-	-	71.92	151.41
EBITA, 5 Yr. CAGR %	-	-	-	10.3	96.31
EBIT, 5 Yr. CAGR %	-	-	-	2.27	84.37
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	12.54	57.48
Net Income, 5 Yr. CAGR %	-	-	-	12.54	57.48
Normalized Net Income, 5 Yr. CAGR %	-	-	-	31.64	83.14
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	41.3
Accounts Receivable, 5 Yr. CAGR %	-	-	-	113.71	119.55
Inventory, 5 Yr. CAGR %	-	-	-	47.85	36.17
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	85.69	92.63
Total Assets, 5 Yr. CAGR %	-	-	-	89.24	87.09
Tangible Book Value, 5 Yr. CAGR %	-	-	-	151.29	125.36
Common Equity, 5 Yr. CAGR %	-	-	-	151.62	125.67
Cash From Operations, 5 Yr. CAGR %	-	-	-	25.43	98.15
Capital Expenditures, 5 Yr. CAGR %	-	-	-	101.98	141.4
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	127.37
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	146.05