MP Materials Past Earnings Performance
Past criteria checks 0/6
MP Materials has been growing earnings at an average annual rate of 16%, while the Metals and Mining industry saw earnings growing at 13.4% annually. Revenues have been growing at an average rate of 15.9% per year.
Key information
16.0%
Earnings growth rate
5.2%
EPS growth rate
| Metals and Mining Industry Growth | 33.9% |
| Revenue growth rate | 15.9% |
| Return on equity | -5.6% |
| Net Margin | -32.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How MP Materials makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 184 | -59 | 86 | 0 |
| 30 Jun 24 | 174 | -38 | 84 | 0 |
| 31 Mar 24 | 206 | 3 | 81 | 0 |
| 31 Dec 23 | 253 | 24 | 79 | 0 |
| 30 Sep 23 | 305 | 108 | 78 | 0 |
| 30 Jun 23 | 377 | 175 | 76 | 0 |
| 31 Mar 23 | 457 | 241 | 75 | 0 |
| 31 Dec 22 | 528 | 289 | 76 | 0 |
| 30 Sep 22 | 533 | 271 | 76 | 0 |
| 30 Jun 22 | 509 | 251 | 70 | 0 |
| 31 Mar 22 | 438 | 204 | 63 | 0 |
| 31 Dec 21 | 332 | 135 | 57 | 0 |
| 30 Sep 21 | 275 | 110 | 41 | 0 |
| 30 Jun 21 | 216 | 82 | 35 | 0 |
| 31 Mar 21 | 174 | -8 | 29 | 0 |
| 31 Dec 20 | 134 | -22 | 23 | 0 |
| 30 Sep 20 | 113 | -45 | 15 | 0 |
| 30 Jun 20 | 99 | -57 | 13 | 0 |
| 31 Mar 20 | 81 | 0 | 11 | 0 |
| 31 Dec 19 | 73 | -7 | 11 | 0 |
| 31 Dec 18 | 67 | -13 | 15 | 0 |
Quality Earnings: M2PM34 is currently unprofitable.
Growing Profit Margin: M2PM34 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: M2PM34 is unprofitable, but has reduced losses over the past 5 years at a rate of 16% per year.
Accelerating Growth: Unable to compare M2PM34's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: M2PM34 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (13.6%).
Return on Equity
High ROE: M2PM34 has a negative Return on Equity (-5.57%), as it is currently unprofitable.