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

$9.10 Billion USD  · Rank #2449

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

MP Materials Corp (NYSE:MP) has a market capitalization of $9.10 Billion ($9.10 Billion) as of August 20, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #2449 globally and #897 in its home market, demonstrating a 3.68% increase 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 $56.67 by its total outstanding shares 178022198 (178.02 Million). See MP Materials Corp net asset quality index to understand what proportion of total assets are financed by equity.

MP Materials Corp Market Cap History: 2020 to 2026

MP Materials Corp's market capitalization history from 2020 to 2026. Data shows growth from $5.73 Billion to $10.09 Billion (32.53% CAGR). Also see total assets of MP Materials Corp for a full breakdown of the balance sheet.

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
$1.68 Trillion 0.25% #19 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. Check MP share price today for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

32.65x

MP Materials Corp's market cap is 32.65 times its annual revenue

Industry average: 137.73x Lower 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 $5.73 Billion $134.31 Million -$21.82 Million 42.64x N/A
2021 $8.09 Billion $331.95 Million $135.04 Million 24.36x 59.88x
2022 $4.32 Billion $527.51 Million $289.00 Million 8.19x 14.96x
2023 $3.53 Billion $253.44 Million $24.31 Million 13.94x 145.38x
2024 $2.78 Billion $203.85 Million -$65.42 Million 13.62x N/A
2025 $8.99 Billion $275.46 Million -$85.87 Million 32.65x N/A

Competitor Companies of MP by Market Capitalization

Companies near MP Materials Corp in the global market cap rankings as of August 20, 2026. Also see MP operating cash flow for how efficiently the company converts equity into cash flow.

Key companies related to MP Materials Corp by market ranking:

  • BHP Group Ltd (AU:BHP): Ranked #86 globally with a market cap of $229.54 Billion USD ( AU$324.40 Billion AUD).
  • BHP Group (MX:BHPN): Ranked #92 globally with a market cap of $219.15 Billion USD ( MX$3.81 Trillion MXN).
  • Rio Tinto Group (MX:RION): Ranked #200 globally with a market cap of $124.04 Billion USD ( MX$2.16 Trillion MXN).
  • Rio Tinto Group (F:RIOA): Ranked #206 globally with a market cap of $121.14 Billion USD ( €103.62 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#86 BHP Group Ltd AU:BHP $229.54 Billion AU$63.85
#92 BHP Group MX:BHPN $219.15 Billion MX$1499.00
#200 Rio Tinto Group MX:RION $124.04 Billion MX$1718.09
#206 Rio Tinto Group F:RIOA $121.14 Billion €82.60

MP Materials Corp Historical Marketcap From 2020 to 2026

Between 2020 and today, MP Materials Corp's market cap moved from $5.73 Billion to $ 10.09 Billion, with a yearly change of 32.53%.

Year Market Cap Change (%)
2026 $10.09 Billion +12.17%
2025 $8.99 Billion +223.85%
2024 $2.78 Billion -21.41%
2023 $3.53 Billion -18.25%
2022 $4.32 Billion -46.54%
2021 $8.09 Billion +41.19%
2020 $5.73 Billion --

End of Day Market Cap According to Different Sources

On Aug 19th, 2026 the market cap of MP Materials Corp was reported to be:

Source Market Cap
Yahoo Finance $9.10 Billion USD
MoneyControl $9.10 Billion USD
MarketWatch $9.10 Billion USD
marketcap.company $9.10 Billion USD
Reuters $9.10 Billion USD

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

About MP Materials Corp

NYSE:MP USA Other Industrial Metals & Mining
Market Cap
$10.09 Billion
Market Cap Rank
#2449 Global
#897 in USA
Share Price
$56.67
Change (1 day)
-3.14%
52-Week Range
$38.10 - $98.65
All Time High
$98.65
About

MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. It 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, including NdPr … Read more