MP Materials Corp. (MP) quarterly balance sheet — complete assets, liabilities & equity history
MP Materials Corp. (MP) balance sheet — 8-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 1.75B | 2.05B | 2.17B | 2.17B | 960.39M | 1.02B | 1.03B | 1.02B | 1.09B | 1.11B | 1.13B | 1.19B | 1.22B | 1.27B | 1.29B | 1.36B | 1.35B | 1.32B | 1.28B | 1.26B |
| Cash & Short-Term Investments | 1.45B | 1.74B | 1.83B | 1.94B | 753.66M | 759.16M | 850.87M | 866.49M | 938.09M | 947.46M | 999.13M | 1.08B | 1.13B | 1.17B | 1.18B | 1.26B | 1.26B | 1.23B | 1.18B | 1.18B |
| Cash Only | 429.07M | 887.09M | 1.17B | 1.15B | 261.54M | 198.34M | 282.44M | 284.43M | 296.69M | 297.16M | 264.64M | 547.67M | 927.25M | 651.22M | 136.63M | 427.97M | 664.46M | 1.23B | 1.18B | 1.18B |
| Short-Term Investments | 1.02B | 852.06M | 664.27M | 793.22M | 492.12M | 560.81M | 568.43M | 582.06M | 641.4M | 650.3M | 734.49M | 536.99M | 200.83M | 517.83M | 1.05B | 836.29M | 599.67M | 0 | 0 | 0 |
| Accounts Receivable | 96.72M | 119.27M | 146.68M | 14.79M | 64.9M | 112.73M | 62.34M | 22.39M | 27.83M | 40.9M | 29.33M | 17.31M | 15.23M | 22.97M | 32.86M | 19.88M | 37.02M | 37.11M | 51.01M | 37.09M |
| Days Sales Outstanding | 90.58 | 132.03 | 140.99 | 68.45 | 140.82 | 129.56 | 63.92 | 36.71 | 100.05 | 65.64 | 52.07 | 28.5 | 27.15 | 26.25 | 26.01 | 21.03 | 23.49 | 23.85 | 40.89 | 20.88 |
| Inventory | 173.43M | 169.19M | 171.56M | 144.37M | 128.05M | 133.08M | 107.91M | 116.7M | 115.38M | 108.51M | 95.18M | 77.18M | 67.78M | 61.8M | 57.55M | 61.65M | 42.24M | 39.62M | 38.69M | 34.13M |
| Days Inventory Outstanding | 215.64 | 144.14 | 208.62 | 258.49 | 166.86 | 154.45 | 128.54 | 139.35 | 170.72 | 171.7 | 187.84 | 171.12 | 168.91 | 166.09 | 181.99 | 194.95 | 135.45 | 123.94 | 145.19 | 110.99 |
| Other Current Assets | 0 | 19.29M | 18.27M | 59.66M | 13.79M | 17.9M | 10.2M | 11.6M | 9.33M | 9.33M | 7.53M | 9.16M | 12.79M | 13.57M | 21.07M | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 1.98B | 1.79B | 1.84B | 1.62B | 1.38B | 1.35B | 1.3B | 1.28B | 1.27B | 1.25B | 1.26B | 1.13B | 1.07B | 1.01B | 943.96M | 832.38M | 752.37M | 670.74M | 612.86M | 593.91M |
| Property, Plant & Equipment | 1.61B | 1.45B | 1.38B | 1.31B | 1.3B | 1.29B | 1.26B | 1.24B | 1.23B | 1.21B | 1.17B | 1.11B | 1.05B | 1B | 935.84M | 830.03M | 749.85M | 668.49M | 610.61M | 583.68M |
| Fixed Asset Turnover | 0.07x | 0.06x | 0.04x | 0.04x | 0.04x | 0.05x | 0.05x | 0.05x | 0.03x | 0.04x | 0.04x | 0.05x | 0.06x | 0.10x | 0.11x | 0.16x | 0.20x | 0.26x | 0.17x | 0.17x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 6.17M | 6.47M | 6.77M | 7.07M | 7.37M | 7.97M | 8.28M | 8.58M | 8.88M | 9.18M | 0 | 0 | 89K | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 538K | 0 | 0 | 0 | 0 | 8.96M | 9.69M | 9.98M | 10.02M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 372.71M | 340.52M | 308.62M | 311.33M | 69.79M | 49.72M | 34.69M | 26.65M | -78.89M | -99.33M | 17.66M | -118.78M | 10.6M | 11.47M | 8.03M | 2.35M | 2.52M | 2.25M | 2.25M | 10.22M |
| Total Assets | 3.73B | 3.84B | 4.01B | 3.8B | 2.34B | 2.37B | 2.33B | 2.3B | 2.36B | 2.35B | 2.39B | 2.32B | 2.29B | 2.28B | 2.24B | 2.19B | 2.1B | 1.99B | 1.89B | 1.85B |
| Asset Turnover | 0.03x | 0.02x | 0.01x | 0.02x | 0.02x | 0.03x | 0.03x | 0.03x | 0.01x | 0.02x | 0.02x | 0.02x | 0.03x | 0.04x | 0.04x | 0.06x | 0.07x | 0.09x | 0.05x | 0.05x |
| Asset Growth % | 59.52% | 62.16% | 71.84% | 65.12% | -1.19% | 0.6% | -2.49% | -0.94% | 3.27% | 3.2% | 6.94% | 6.08% | 8.96% | 14.79% | 18.42% | 18.37% | 15.58% | 11.48% | 75.9% | 1076.59% |
| Total Current Liabilities | 183.54M | 285.25M | 299.05M | 270.18M | 266.87M | 248.21M | 164.02M | 146.79M | 158.08M | 107.55M | 108.55M | 97.01M | 75.77M | 93.87M | 97.48M | 74.75M | 66.15M | 51.58M | 59.54M | 70.77M |
| Accounts Payable | 46.02M | 32.99M | 36.66M | 25.38M | 21.73M | 20.87M | 23.56M | 21.71M | 19.75M | 26.14M | 28M | 92.1M | 71.66M | 68.57M | 15.33M | 70.24M | 62.1M | 41.65M | 35.73M | 27.84M |
| Days Payables Outstanding | 49.73 | 29.46 | 40.97 | 44.7 | 27.22 | 28.47 | 25.91 | 24.9 | 34.99 | 45.63 | 130.87 | 193.31 | 182.79 | 116.75 | 130.64 | 248.34 | 171.67 | 122.48 | 126.77 | 88.76 |
| Short-Term Debt | 0 | 76.21M | 74.53M | 71.29M | 67.43M | 67.35M | 0 | 0 | 1.19M | 1.17M | 1.15M | 2.19M | 0 | 0 | 0 | 0 | 0 | 0 | 16.08M | 30.94M |
| Deferred Revenue (Current) | 45.55M | 62.06M | 74.3M | 0 | 79.89M | 75.33M | 56.88M | 50M | 50M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 31.64M | 97.18M | 89.56M | 134.66M | 23.37M | 15.52M | 18.85M | 8.85M | 72.97M | 6.25M | 5.46M | 1.8M | 3.8M | 4.14M | 4.05M | 4.5M | 4.05M | 4.67M | 4.01M | 3.64M |
| Current Ratio | 9.51x | 7.18x | 7.24x | 8.05x | 3.60x | 4.12x | 6.29x | 6.93x | 6.90x | 10.29x | 10.42x | 12.25x | 16.15x | 13.50x | 13.27x | 18.15x | 20.39x | 25.53x | 21.44x | 17.74x |
| Quick Ratio | 8.56x | 6.58x | 6.67x | 7.51x | 3.12x | 3.58x | 5.63x | 6.13x | 6.17x | 9.28x | 9.54x | 11.45x | 15.26x | 12.84x | 12.68x | 17.33x | 19.75x | 24.76x | 20.79x | 17.26x |
| Cash Conversion Cycle | 256.5 | 246.71 | 308.64 | 282.25 | 280.46 | 255.53 | 166.54 | 151.17 | 235.77 | 191.7 | 109.03 | 6.32 | 13.27 | 75.59 | 77.36 | -32.36 | -12.72 | 25.31 | 59.32 | 43.1 |
| Total Non-Current Liabilities | 1.17B | 1.17B | 1.32B | 1.15B | 1.06B | 1.08B | 1.11B | 1.09B | 1.1B | 1.11B | 918.77M | 849.14M | 848.74M | 835.42M | 827.67M | 872.11M | 864.36M | 845.27M | 821.39M | 824.49M |
| Long-Term Debt | 934.58M | 958.22M | 960.13M | 951.14M | 843.37M | 842.41M | 908.73M | 937.63M | 936.61M | 935.59M | 681.98M | 681.09M | 680.21M | 679.33M | 678.44M | 677.56M | 676.68M | 675.8M | 674.93M | 674.05M |
| Capital Lease Obligations | 0 | 13.52M | 8.43M | 9.25M | 6.02M | 6.39M | 5.8M | 6.02M | 6.6M | 6.9M | 7.22M | 10.59M | 7.05M | 0 | 15K | 0 | 0 | 0 | 554K | 625K |
| Deferred Tax Liabilities | 27.02M | 35.23M | 197.3M | 0 | 93.74M | 105.87M | 110.81M | 98.54M | 107.7M | 121.88M | 187.44M | 135.44M | 135.59M | 129.71M | 122.35M | 167.03M | 146.61M | 127.98M | 104.5M | 98.44M |
| Other Non-Current Liabilities | 129.79M | 64.85M | 46.64M | 189.33M | 48.56M | 37.63M | 26.11M | 26.93M | 27.53M | 26.02M | 24.7M | 22.02M | 25.89M | 26.39M | 26.86M | 27.52M | 41.07M | 41.48M | 41.41M | 51.37M |
| Total Liabilities | 1.77B | 1.46B | 1.62B | 1.42B | 1.33B | 1.33B | 1.28B | 1.24B | 1.26B | 1.22B | 1.03B | 946.15M | 924.51M | 929.3M | 925.15M | 946.86M | 930.5M | 896.84M | 880.93M | 895.26M |
| Total Debt | 934.58M | 1.05B | 1.04B | 1.03B | 916.82M | 916.15M | 914.53M | 943.65M | 944.4M | 943.66M | 690.35M | 694.8M | 687.57M | 679.33M | 678.46M | 677.56M | 676.68M | 675.8M | 691.82M | 705.87M |
| Net Debt | 505.51M | 160.86M | -122.93M | -112.28M | 655.28M | 717.81M | 632.09M | 659.22M | 647.71M | 646.5M | 425.71M | 147.14M | -239.68M | 28.11M | 541.83M | 249.59M | 12.23M | -557.5M | -487.48M | -473.5M |
| Debt / Equity | 0.48x | 0.44x | 0.44x | 0.44x | 0.91x | 0.88x | 0.87x | 0.89x | 0.85x | 0.83x | 0.51x | 0.50x | 0.50x | 0.50x | 0.52x | 0.55x | 0.58x | 0.62x | 0.69x | 0.74x |
| Debt / EBITDA | 45.14x | 75.37x | 47.30x | - | - | - | - | - | - | - | - | - | 54.20x | 16.54x | 15.76x | 8.34x | 6.69x | 5.62x | 11.21x | 11.56x |
| Net Debt / EBITDA | 24.42x | 11.57x | -5.57x | - | - | - | - | - | - | - | - | - | -18.89x | 0.68x | 12.58x | 3.07x | 0.12x | -4.63x | -7.90x | -7.76x |
| Interest Coverage | -2.02x | -0.52x | 2.07x | -5.82x | -6.89x | -2.57x | -4.02x | -4.25x | -6.14x | 9.27x | -17.66x | -2.21x | 10.28x | 34.33x | 36.38x | 69.72x | 73.88x | 60.48x | 22.99x | 20.65x |
| Total Equity | 1.96B | 2.38B | 2.39B | 2.38B | 1.01B | 1.04B | 1.05B | 1.06B | 1.11B | 1.14B | 1.37B | 1.38B | 1.36B | 1.35B | 1.31B | 1.24B | 1.17B | 1.09B | 1.01B | 954.2M |
| Equity Growth % | 93.69% | 129.78% | 126.79% | 123.42% | -8.88% | -8.93% | -22.76% | -22.64% | -18.75% | -15.83% | 4.05% | 10.77% | 16.59% | 23.98% | 30.13% | 30.19% | 29.13% | 24.59% | 18.14% | 9532.53% |
| Book Value per Share | 10.98 | 11.95 | 12.01 | 13.59 | 6.17 | 6.33 | 6.46 | 6.49 | 6.71 | 6.09 | 7.69 | 7.76 | 7.67 | 6.98 | 6.78 | 6.42 | 6.05 | 5.64 | 5.22 | 4.94 |
| Total Shareholders' Equity | 1.96B | 2.38B | 2.39B | 2.38B | 1.01B | 1.04B | 1.05B | 1.06B | 1.11B | 1.14B | 1.37B | 1.38B | 1.36B | 1.35B | 1.31B | 1.24B | 1.17B | 1.09B | 1.01B | 954.2M |
| Common Stock | 19K | 19K | 19K | 19K | 18K | 18K | 18K | 18K | 18K | 18K | 17K | 17K | 17K | 17K | 18K | 18K | 18K | 18K | 18K | 18K |
| Retained Earnings | 206.16M | 226.46M | 234.43M | 225M | 266.78M | 297.65M | 320.3M | 342.64M | 368.16M | 402.21M | 385.73M | 401.99M | 406.26M | 398.87M | 361.42M | 294.41M | 231.24M | 157.97M | 72.42M | 23.43M |
| Treasury Stock | -227.05M | -227.05M | -227.05M | -227.05M | -227.05M | -227.05M | -227.05M | -227.1M | -202.56M | -202.56M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -258K | -42K | 387K | 298K | -26K | -1K | 173K | 296K | -90K | -130K | 145K | -32K | -166K | 131K | 189K | -97K | -416K | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |