MP Materials Corp.
MPBasic MaterialsNASDAQOther Industrial Metals & Mining · Last scanned Jun 2, 2026
Scan Results
Daily timeframeMP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. The company carries a $12.34B market cap, placing it firmly in the large-cap category. It operates in two segments, Materials and Magnetics.
Market Cap
$12.34B
Beta
1.91
P/E (TTM)
—
P/E (Fwd)
60.19
EPS (TTM)
$-0.40
EPS (Fwd)
$1.15
ROE
-4.2%
ROA
-2.1%
Cash
$1.74B
Total Debt
$1.05B
Free CF
-$174.8M
52W Change
215.0%
Annual Financials
Cash vs Debt
MP Materials Corp. holds $1.74B in cash against $1.05B in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow is running at -$174.8M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -4.2% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has pulled back from $527.5M (2022) to $224.4M (2025), a 57% decline worth watching.
MP Materials Corp.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. No single metric tells the full story. Reviewing MP's risk profile alongside its fundamentals and technical indicators provides a more complete picture.