MP Materials Corp.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from MP Materials Corp.'s yearly results (2022–2025), compared with Basic Materials companies in United States. Tap ? on any ratio for what it means.
What stands out
- Cash Locked Ratio: For every $100 of sales, $125 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $10 tied up three years earlier. More money tied up than almost all Basic Materials companies in United States.
- Tangible Net Worth Ratio: Of every $100 of net worth, $100 is tangible; the rest is goodwill and other intangibles, often from buying other companies. More tangible than 95% of Basic Materials companies in United States.
- Tangible Assets Ratio: Of every $100 the company owns, $100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles. More tangible than 95% of Basic Materials companies in United States.
Where $100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
—Loss-making or profit too small
Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.
Self-Funding Ratio
-0.1×Over the last 3 years operating cash was negative while the company kept spending on investment (capex).
Lower than 83% of Basic Materials companies in United States.
Cash Locked Ratio
$125For every $100 of sales, $125 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $10 tied up three years earlier.
More money tied up than almost all Basic Materials companies in United States.
Growth quality
Steadiness Ratio
1/3 · 0/3Sales grew in 1 of the last 3 years; profit grew in 0 of 3.
Less steady than 85% of Basic Materials companies in United States.
Growth Efficiency Ratio
—Sales fell 57%
Sales fell 57% in 3 years, so extra profit per extra sales cannot be measured.
Asset Productivity Ratio
-57% / +73%In 3 years sales changed by -57% while total assets changed by +73%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
-2.3×Operating cash was negative last year, while some debt falls due within a year.
Lower than 81% of Basic Materials companies in United States.
Cash Cushion Ratio
+12%Cash, after subtracting all debt, equals 12% of its market value (net cash).
Higher than 85% of Basic Materials companies in United States.
Tangible Assets Ratio
100%Of every $100 the company owns, $100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 95% of Basic Materials companies in United States.
Tangible Net Worth Ratio
100%Of every $100 of net worth, $100 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 95% of Basic Materials companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (13)
MP Materials Corp. made a loss over the last year. MP Materials Corp. owes $0.47 for every $1 it owns. MP Materials Corp. made a loss in each of the last two years.
Compared with Basic Materials companies in United States · latest annual results Dec 2025.
P/E ratio
LossMP Materials Corp. made a loss over the last year, so its P/E ratio is not meaningful.
P/B ratio
3.51The share price is 3.51 times MP Materials Corp.'s book value per share, higher than 73% of Basic Materials companies in United States.
Market cap
$6.9 BThe total market value of all of MP Materials Corp.'s shares at today's price (share price × number of shares), larger than 77% of Basic Materials companies in United States. PosiCap size class: Meso Cap.
Net worth (book value)
$2.0 BWhat MP Materials Corp. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
$10.99Net worth divided by the number of shares. The share price of $38.56 is 3.5 times this, which is the P/B above.
Return on equity (ROE)
-3.6%MP Materials Corp. lost 3.6% of its shareholders' money over the last year, lower than 61% of Basic Materials companies in United States.
Owes vs Owns
0.47×MP Materials Corp. owes $0.47 for every $1 it owns (low), higher than 56% of Basic Materials companies in United States.
Dividend yield
NoneMP Materials Corp. does not currently pay a dividend.
Revenue growth
+10%Revenue rose 10% in the year to Dec 2025, and shrank 25% a year on average over 3 years.
Profit growth
LossMP Materials Corp. made a loss in each of the last two years.
Profit margin
-38.3%MP Materials Corp. lost $38 for every $100 of revenue.
Interest cover
Not coveredMP Materials Corp.'s operating profit did not cover its interest costs in the year to Dec 2025.
Cash vs debt
Net cashMP Materials Corp. held $823 M more cash than debt (net cash) at Dec 2025.
Questions
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For MP Materials Corp.: $6.9 B ÷ $2.0 B (30 Jun 2026) = 3.5.
What is MP Materials Corp.'s return on equity?
MP Materials Corp. lost 3.6% of its shareholders' money over the last year, lower than 61% of Basic Materials companies in United States.
How much does MP Materials Corp. owe compared with what it owns?
MP Materials Corp. owes $0.47 for every $1 it owns (low), higher than 56% of Basic Materials companies in United States.
Does MP Materials Corp. pay a dividend?
No. MP Materials Corp. does not currently pay a dividend.
Is MP Materials Corp.'s revenue growing?
Revenue rose 10% in the year to Dec 2025, and shrank 25% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.