0R15 8884.0068 1.4156% 0R1E 9171.0 0.0% 0M69 None None% 0R2V 255.5 0.0% 0QYR 1619.0 0.0% 0QYP 434.5 0.0% 0RUK None None% 0RYA 1606.0 4.9673% 0RIH 195.2 1.3763% 0RIH 195.2 0.0% 0R1O 225.5 9900.0% 0R1O None None% 0QFP None None% 0M2Z 255.0 0.2457% 0VSO 33.3 -6.4738% 0R1I None None% 0QZI 604.0 0.0% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 246.8 2.9706%

MP Materials Corp

Basic Materials US MP

16.82USD
0.28(1.69%)

Last update at 2024-12-26T18:51:00Z

Day Range

16.3016.95
LowHigh

52 Week Range

14.4736.67
LowHigh

Fundamentals

  • Previous Close 16.54
  • Market Cap3572.30M
  • Volume1129064
  • P/E Ratio34.64
  • Dividend Yield-%
  • EBITDA114.75M
  • Revenue TTM305.48M
  • Revenue Per Share TTM1.73
  • Gross Profit TTM 435.29M
  • Diluted EPS TTM0.58

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 341.15M 160.19M -39.46100M -6.75400M -
Minority interest - - - - -
Net income 289.00M 135.04M -21.82500M -6.75500M -
Selling general administrative 75.84M 57.22M 27.01M 11.10M -
Selling and marketing expenses - - - - -
Gross profit 416.94M 231.32M 31.91M 5.58M -
Reconciled depreciation 18.36M 24.38M 6.93M 4.69M -
Ebit 327.41M 165.34M 25.23M -3.34200M -8.88400M
Ebitda 347.33M 170.91M 32.16M 1.34M -
Depreciation and amortization 19.92M 5.56M 6.93M 4.69M -
Non operating income net other - 3.75M 0.25M - -
Operating income 327.41M 165.34M 25.23M -3.34200M -
Other operating expenses 199.71M 164.80M 102.40M 81.03M 2.00M
Interest expense 5.79M 8.90M 5.01M 3.41M 0.00000M
Tax provision 52.15M 25.16M -17.63600M 0.00100M -
Interest income - 8.90M 0.16M 0.46M -
Net interest income -5.78600M -8.90400M -5.00900M -2.95100M -
Extraordinary items - - - - -
Non recurring - - 2.41M - -
Other items - - - - -
Income tax expense 52.15M 25.16M -17.63600M 0.00100M 0.00100M
Total revenue 527.51M 331.95M 134.31M 73.41M -
Total operating expenses 89.13M 64.16M 29.26M 13.20M -
Cost of revenue 110.57M 100.64M 102.40M 67.83M -
Total other income expense net 13.74M -5.15000M -64.69300M -3.41200M -
Discontinued operations - - - - -
Net income from continuing ops 289.00M 135.04M -21.82500M -6.75500M -
Net income applicable to common shares 289.00M 135.04M -21.82500M -6.75500M -13.46600M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 2237.79M 1889.67M 1074.29M 101.79M -
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 18.87M 7.81M 5.53M 1.23M -
Total liab 925.15M 880.93M 220.41M 119.82M -
Total stockholder equity 1312.63M 1008.73M 853.88M -18.02200M -
Deferred long term liab - 104.50M 87.47M - -
Other current liab -97.13700M 4.01M 18.32M 5.85M 9.84M
Common stock 0.02M 0.02M 0.02M 0.00700M 20.50M
Capital stock 0.02M 0.02M 0.02M 0.00700M -
Retained earnings 361.42M 72.42M -62.62200M -40.79700M -34.04200M
Other liab 144.49M 138.81M 129.65M 73.01M 68.96M
Good will - - - - -
Other assets 8.22M 1.15M 11.27M 26.84M 25.86M
Cash 136.63M 1179.30M 519.65M 2.76M -
Cash and equivalents - 1179.30M 519.65M 2.76M -
Total current liabilities 97.48M 59.54M 43.06M 31.32M 23.05M
Current deferred revenue 122.35M 3.46M 87.47M 6.61M -
Net debt 541.82M -487.48000M -448.83600M 15.91M -
Short term debt - 16.34M 24.74M 4.68M -
Short long term debt - 16.08M 24.47M 4.48M -
Short long term debt total 678.44M 691.82M 70.82M 18.67M -
Other stockholder equity 951.01M 936.30M 916.48M 22.77M -
Property plant equipment 935.74M 611.71M 504.09M 47.54M 52.93M
Total current assets 1293.83M 1276.81M 561.05M 27.41M 17.48M
Long term investments - - - - -
Net tangible assets 1312.63M 954.20M 853.88M -18.02200M -13.54200M
Short term investments 1045.72M - - - -
Net receivables 35.06M 51.01M 3.59M 0.37M 0.23M
Long term debt 678.44M 674.93M 45.34M 13.59M -
Inventory 57.55M 38.69M 32.27M 23.05M 13.47M
Accounts payable 72.27M 35.73M 16.14M 14.18M 7.79M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.19M - - -7.82600M -
Additional paid in capital - - - - -
Common stock total equity - 0.02M 0.02M 0.00700M -
Preferred stock total equity - - - - -
Retained earnings total equity - 72.42M -62.62200M - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -114.13700M -103.01100M -77.23400M 27.41M -
Deferred long term asset charges - - - - -
Non current assets total 943.96M 612.86M 513.24M 74.39M -
Capital lease obligations - 0.81M 1.00M 0.59M -
Long term debt total - 675.48M 46.08M 13.99M -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -1356.97100M -119.36300M -22.37000M 5.62M -
Change to liabilities 1.96M 5.53M -19.70700M 13.31M 15.55M
Total cashflows from investing activities -1356.97100M -119.36300M -22.37000M 5.62M -5.88000M
Net borrowings -5.83400M 687.57M -16.81600M -4.09600M -30.74000M
Total cash from financing activities -24.19100M 666.11M 521.96M -4.09600M -30.74000M
Change to operating activities -9.29400M -5.05600M -5.49800M -1.67900M 2.19M
Net income 289.00M 135.04M -21.82500M -6.75500M -13.46600M
Change in cash -1037.64800M 648.72M 502.87M 1.09M -16.42400M
Begin period cash flow 1181.16M 532.44M 29.57M 28.48M -
End period cash flow 143.51M 1181.16M 532.44M 29.57M 28.48M
Total cash from operating activities 343.51M 101.97M 3.28M -0.43700M 20.20M
Issuance of capital stock - - 544.71M 0.00000M -
Depreciation 18.36M 24.38M 6.93M 4.69M 4.45M
Other cashflows from investing activities 5.13M 4.38M 4.38M 4.38M 4.38M
Dividends paid - - - - -
Change to inventory -24.31400M -8.22900M -9.22400M -9.57300M 4.33M
Change to account receivables 18.15M -47.42000M -3.21900M -0.14500M 4.67M
Sale purchase of stock - - -40.32500M - -
Other cashflows from financing activities -18.35700M 668.54M -2.57100M 7.24M -4.93900M
Change to netincome 26.44M -15.49500M 50.42M -3.37500M 0.72M
Capital expenditures 326.60M 123.87M 22.37M 2.27M 7.79M
Change receivables - -47.42000M -3.21900M - -
Cash flows other operating - -58.98200M -20.33100M - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - 648.72M 502.87M - -
Change in working capital 4.21M -34.28700M -37.64800M 1.91M -
Stock based compensation 31.78M 22.93M 5.01M -4.68800M -
Other non cash items -17.62200M -63.51700M 68.60M 4.41M -
Free cash flow 16.92M -21.89900M -19.09300M -2.71100M -

Peer Comparison

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
MP
MP Materials Corp
0.28 1.69% 16.82 34.64 34.60 11.59 2.35 9.27 19.02
BHP
BHP Group Limited
-0.07 0.14% 49.35 13.32 11.30 3.15 3.88 3.35 6.30
BHPLF
BHP Group Limited
- -% 24.20 13.29 11.21 3.18 3.85 3.35 6.30
RTNTF
Rio Tinto Group
-0.0005 0.0007% 72.34 17.11 11.85 2.81 2.79 2.88 7.27
RTPPF
Rio Tinto Group
- -% 59.00 14.16 9.87 2.26 2.29 2.35 5.93

Reports Covered

Stock Research & News

Profile

MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. The company owns and operates the Mountain Pass Rare Earth mine and processing facility in North America. It holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals. The company was founded in 2017 and is headquartered in Las Vegas, Nevada.

MP Materials Corp

6720 Via Austi Parkway, Las Vegas, NV, United States, 89119

Key Executives

Name Title Year Born
Mr. James Henry Litinsky J.D. Chairman, Pres & CEO 1979
Mr. Ryan S. Corbett Chief Financial Officer 1990
Mr. Michael Stuart Rosenthal Chief Operating Officer 1979
Mr. Elliot Dean Hoops Gen. Counsel & Corp. Sec. 1975
Mr. Martin Sheehan Sr. VP of Investor Relations NA

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