MP Materials Corp

NYSE:MP USA Other Industrial Metals & Mining
Market Cap
$10.51 Billion
Market Cap Rank
#1897 Global
#1374 in USA
Share Price
$59.30
Change (1 day)
-0.10%
52-Week Range
$18.77 - $98.65
All Time High
$98.65
About

MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. The company operates in two segments, Materials and Magnetics. The Materials segment owns and operates the Mountain Pass Rare Earth Mine and Processing facility located near Mountain Pass, San Bernardino County, California. The Magnetics segment produces magnetic precursor products. The co… Read more

Market Cap & Net Worth: MP Materials Corp (MP)

MP Materials Corp (NYSE:MP) has a market capitalization of $10.51 Billion ($10.51 Billion) as of March 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #1897 globally and #1374 in its home market, demonstrating a -1.66% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying MP Materials Corp's stock price $59.30 by its total outstanding shares 177230483 (177.23 Million).

MP Materials Corp Market Cap History: 2020 to 2026

MP Materials Corp's market capitalization history from 2020 to 2026. Data shows growth from $5.70 Billion to $10.51 Billion (36.38% CAGR).

Index Memberships

MP Materials Corp is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
S&P Small-Cap 600 Index
SML
$1.36 Trillion 0.25% #11 of 602

Weight: MP Materials Corp's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

MP Materials Corp Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how MP Materials Corp's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

13.56x

MP Materials Corp's market cap is 13.56 times its annual revenue

Industry average:
3.43x
Higher than industry average

Latest Price to Earnings (P/E) Ratio

N/A

P/E ratio not applicable due to negative or zero earnings

What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2020 $5.70 Billion $134.31 Million -$21.82 Million 42.45x N/A
2021 $8.05 Billion $331.95 Million $135.04 Million 24.25x 59.61x
2022 $4.30 Billion $527.51 Million $289.00 Million 8.16x 14.89x
2023 $3.52 Billion $253.44 Million $24.31 Million 13.88x 144.73x
2024 $2.76 Billion $203.85 Million -$65.42 Million 13.56x N/A

Competitor Companies of MP by Market Capitalization

Companies near MP Materials Corp in the global market cap rankings as of March 18, 2026.

Key companies related to MP Materials Corp by market ranking:

  • BHP Group Limited (NYSE:BHP): Ranked #83 globally with a market cap of $188.50 Billion USD.
  • RIO Tinto Ltd (AU:RIO): Ranked #136 globally with a market cap of $137.49 Billion USD ( AU$222.06 Billion AUD).
  • Rio Tinto Group (PINK:RTNTF): Ranked #208 globally with a market cap of $97.13 Billion USD.
  • Glencore PLC (PINK:GLCNF): Ranked #728 globally with a market cap of $27.97 Billion USD.

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#83 BHP Group Limited NYSE:BHP $188.50 Billion $70.48
#136 RIO Tinto Ltd AU:RIO $137.49 Billion AU$155.18
#208 Rio Tinto Group PINK:RTNTF $97.13 Billion $67.88
#728 Glencore PLC PINK:GLCNF $27.97 Billion $3.02

MP Materials Corp Historical Marketcap From 2020 to 2026

Between 2020 and today, MP Materials Corp's market cap moved from $5.70 Billion to $ 10.51 Billion, with a yearly change of 36.38%.

Year Market Cap Change (%)
2026 $10.51 Billion +17.38%
2025 $8.95 Billion +223.85%
2024 $2.76 Billion -21.41%
2023 $3.52 Billion -18.25%
2022 $4.30 Billion -46.54%
2021 $8.05 Billion +41.19%
2020 $5.70 Billion --

End of Day Market Cap According to Different Sources

On Mar 18th, 2026 the market cap of MP Materials Corp was reported to be:

Source Market Cap
Yahoo Finance $10.51 Billion USD
MoneyControl $10.51 Billion USD
MarketWatch $10.51 Billion USD
marketcap.company $10.51 Billion USD
Reuters $10.51 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.