SuperworthMP Materials profit margin MP
Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.
- Net margin, 12 months
- −19.9%
- Operating margin, 12 months
- −41.5%
- Net margin on a year earlier
- +22.0 pts
- Peer median
- 8.5%
Over the twelve months to Jun 30, 2026, MP Materials kept −19.9% of its revenue as net profit, with an operating margin of −41.5% and a gross margin of 21.4%.
Five years earlier its net margin was 37.9%.
The median for 10 materials stocks of a similar size is 8.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −38.3% | −66.6% | 14.1% |
| FY2024 | −32.1% | −83.1% | 5.5% |
| FY2023 | 9.6% | −7.0% | 63.4% |
| FY2022 | 54.8% | 62.1% | 82.5% |
| FY2021 | 40.7% | 49.8% | 77.0% |
| FY2020 | −16.2% | −25.8% | 52.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −19.9% | +22.0 pts | −41.5% | |
| Q1 FY26 | −28.0% | +20.4 pts | −54.6% | |
| Q4 FY25 | −38.3% | −6.2 pts | −66.6% | |
| Q3 FY25 | −50.5% | −18.3 pts | −81.5% | |
| Q2 FY25 | −41.9% | −19.9 pts | −67.0% | |
| Q1 FY25 | −48.4% | −50.0 pts | −79.5% | |
| Q4 FY24 | −32.1% | −41.7 pts | −83.1% | |
| Q3 FY24 | −32.2% | −67.5 pts | −86.4% | |
| Q2 FY24 | −21.9% | −68.3 pts | −78.9% | |
| Q1 FY24 | 1.6% | −51.1 pts | −40.3% | |
| Q4 FY23 | 9.6% | −45.2 pts | −7.0% | |
| Q3 FY23 | 35.2% | −15.6 pts | 17.5% |
Against its peers
Companies in Basic Materials nearest MP Materials' size, closest first, today.
| Company | Profit margin |
|---|---|
| MPMP Materials | −19.9% |
| AXTAAxalta Coating Systems | 6.8% |
| EMNEastman Chemical | 5.0% |
| HXLHexcel | 7.8% |
| NEUNewmarket | 15.8% |
| SSRMSSR Mining | 12.3% |
| ESIElement Solutions | 5.7% |
| SXTSensient Technologies | 9.3% |
| BCPCBalchem | 15.1% |
| CTVACorteva | 5.7% |
| EXPEagle Materials | 17.3% |
| Peer median | 8.5% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on MP Materials
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.