MP Materials Corp. (MP)

MP Materials Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	261.54	282.44	263.35	136.63	1,179	519.65
Short-Term Investments	492.12	568.43	734.49	1,046	-	-
Cash & Short-Term Investments	753.66	850.87	997.84	1,182	1,179	519.65
Cash Growth	-19.57%	-14.73%	-15.60%	0.26%	126.94%	18748.46%
Accounts Receivable	21.82	18.87	10.03	32.86	51.01	3.59
Other Receivables	43.08	44.07	21.03	2.5	-	-
Receivables	64.9	62.95	31.06	35.36	51.01	3.59
Inventory	128.05	107.91	95.18	57.55	38.69	32.27
Prepaid Expenses	13.79	8.79	5.8	12.29	6.47	1.85
Restricted Cash	-	0.81	1.29	6.29	1.34	3.69
Total Current Assets	960.4	1,031	1,131	1,294	1,277	561.05
Property, Plant & Equipment	1,300	1,261	1,169	936.29	610.61	504.09
Long-Term Investments	-	9.1	9.7	-	-	-
Other Intangible Assets	6.77	7.37	8.88	0.09	-	-
Other Long-Term Assets	69.02	24.69	17.98	7.58	2.25	9.15
Total Assets	2,336	2,334	2,336	2,238	1,890	1,074
Accounts Payable	21.73	23.56	28	15.33	35.73	16.16
Accrued Expenses	42.84	38.31	27.86	18.21	-	-
Current Portion of Long-Term Debt	71.23	2.1	2.11	2.39	18.65	25.31
Current Portion of Leases	1.57	1.58	1.15	0.44	-	1.03
Current Income Taxes Payable	-	-	-	21.16	3.46	-
Current Unearned Revenue	82.19	58.88	1.7	-	-	-
Other Current Liabilities	47.3	39.59	47.73	39.95	1.7	0.57
Total Current Liabilities	266.87	164.02	108.55	97.48	59.54	43.06
Long-Term Debt	865.77	909.27	684.62	683.19	682.02	46.61
Long-Term Leases	6.2	6.02	7.22	0.26	-	1.09
Long-Term Unearned Revenue	67.08	63.21	17.43	-	-	-
Long-Term Deferred Tax Liabilities	93.74	110.81	130.79	122.35	104.5	87.47
Other Long-Term Liabilities	25.98	25.36	22.06	21.88	34.87	42.18
Total Liabilities	1,326	1,279	970.67	925.15	880.93	220.41
Common Stock	0.02	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	970.82	961.43	979.89	951.01	936.3	916.48
Retained Earnings	266.78	320.3	385.73	361.42	72.42	-62.62
Treasury Stock	-227.05	-227.05	-	-	-	-
Comprehensive Income & Other	-0.03	0.17	0.15	0.19	-	-
Total Common Equity	1,011	1,055	1,366	1,313	1,009	853.88
Shareholders' Equity	1,011	1,055	1,366	1,313	1,009	853.88
Total Liabilities & Equity	2,336	2,334	2,336	2,238	1,890	1,074
Total Debt	944.77	918.97	695.09	686.27	700.67	74.04
Net Cash (Debt)	-191.12	-68.1	302.75	496.07	478.63	445.62
Net Cash Growth	-	-	-38.97%	3.65%	7.41%	-
Net Cash Per Share	-1.17	-0.40	1.70	2.56	2.52	5.59
Filing Date Shares Outstanding	177.1	163.44	178.08	177.62	177.52	170.74
Total Common Shares Outstanding	163.47	163.2	178.08	177.71	177.82	170.72
Working Capital	693.53	867.3	1,023	1,196	1,217	517.99
Book Value Per Share	6.18	6.46	7.67	7.39	5.67	5.00
Tangible Book Value	1,004	1,048	1,357	1,313	1,009	853.88
Tangible Book Value Per Share	6.14	6.42	7.62	7.39	5.67	5.00
Land	43.03	42.79	27.09	16.1	7.93	6.53
Buildings	99.71	96.96	92.2	15.11	8.79	2.95
Machinery	709.53	662.33	503.15	186.39	61.82	22.91
Construction In Progress	226.2	202.54	211.85	338.48	134.33	46.81

Updated May 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q