MP Materials Corp (MP) — Cash Flow Quality Index

Latest as of December 2025: -4.97x

MP Materials Corp (MP) has a Cash Flow Quality Index of -4.97x as of December 2025. Operating cash flow of $-46.85 Million is below net income of $9.43 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore MP Materials Corp (MP) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-4.97x
Operating CF / Net Income

Operating Cash Flow

$-46.85 Million
USD

Net Income

$9.43 Million
USD

Data as of

Dec 2025
Most recent filing

MP Materials Corp Cash Flow Quality Index (2021–2023)

Historical Cash Flow Quality Index for MP Materials Corp across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see MP Materials Corp operating cash flow efficiency.

Annual Cash Flow Quality Index for MP Materials Corp (2021–2023)

Year-by-year earnings quality comparison for MP Materials Corp.

Year Quality Index Operating CF (USD) Net Income YoY Change
2023 2.58x $62.70 Million $24.31 Million ▲ +117.0%
2022 1.19x $343.51 Million $289.00 Million ▲ +57.4%
2021 0.76x $101.97 Million $135.04 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.