MP Materials Corp (MP) — Cash Flow Reinvestment Rate

Latest as of June 2026: 95.63x

MP Materials Corp (MP) has a Cash Flow Reinvestment Rate of 95.63x as of June 2026, reinvesting $472.32 Million (capex $307.71 Million plus investments $-164.61 Million) from operating cash flow of $4.94 Million. See MP free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

95.63x
(Capex + Investments) / Operating CF

Total Reinvested

$472.32 Million
Capex + Investments

Operating Cash Flow

$4.94 Million
USD

Capital Expenditures

$307.71 Million
USD

MP Materials Corp Cash Flow Reinvestment Rate (2018–2024)

Historical reinvestment intensity for MP Materials Corp across 6 annual periods. For the full cash flow conversion analysis, see MP Materials Corp cash conversion from operations.

Annual Cash Flow Reinvestment Rate for MP Materials Corp (2018–2024)

Year-by-year capital reinvestment analysis for MP Materials Corp. See MP free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2024 14.72x $196.47 Million $13.35 Million $186.42 Million ▲ +224.4%
2023 4.54x $284.48 Million $62.70 Million $261.90 Million ▼ -7.4%
2022 4.90x $1.68 Billion $343.51 Million $326.60 Million ▲ +105.5%
2021 2.39x $243.23 Million $101.97 Million $123.87 Million ▼ -82.5%
2020 13.65x $44.74 Million $3.28 Million $22.37 Million ▲ +3439.5%
2018 0.39x $7.79 Million $20.20 Million $7.79 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow