MP Materials Corp (MP) — Free Cash Flow Generation Index
MP Materials Corp (MP) has a Free Cash Flow Generation Index of -61.30x as of June 2026. Free cash flow of $-302.77 Million represents -61% of operating cash flow ($4.94 Million). Explore MP capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
MP Materials Corp Free Cash Flow Generation Index (2018–2024)
Historical FCF Generation Index trend for MP Materials Corp across 6 annual periods. For the full cash flow conversion analysis, see MP cash flow metrics.
Annual Free Cash Flow Generation for MP Materials Corp (2018–2024)
Year-by-year Free Cash Flow Generation Index for MP Materials Corp. Check MP Materials Corp (MP) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | -12.96x | $-173.07 Million | $13.35 Million | $186.42 Million | ▼ -308.1% |
| 2023 | -3.18x | $-199.20 Million | $62.70 Million | $261.90 Million | ▼ -6550.5% |
| 2022 | 0.05x | $16.92 Million | $343.51 Million | $326.60 Million | ▲ +122.9% |
| 2021 | -0.21x | $-21.90 Million | $101.97 Million | $123.87 Million | ▲ +96.3% |
| 2020 | -5.83x | $-19.09 Million | $3.28 Million | $22.37 Million | ▼ -1048.5% |
| 2018 | 0.61x | $12.41 Million | $20.20 Million | $7.79 Million | — |