MP Materials Corp (MP)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -65,424 | -59,341 | -38,101 | 3,349 | 24,307 | 107,573 | 175,026 | 240,900 | 289,004 | 270,986 | 250,572 | 204,469 | 135,037 | 110,162 | 82,026 | -7,631 | -21,825 | -44,902 | -56,717 | 472 |
| Revenue (ttm) | US$ in thousands | 203,855 | 184,074 | 173,663 | 206,429 | 253,445 | 305,485 | 377,414 | 456,952 | 527,510 | 533,374 | 508,683 | 438,239 | 331,952 | 275,021 | 216,289 | 173,562 | 134,310 | 113,180 | 99,074 | 81,407 |
| Net profit margin | -32.09% | -32.24% | -21.94% | 1.62% | 9.59% | 35.21% | 46.38% | 52.72% | 54.79% | 50.81% | 49.26% | 46.66% | 40.68% | 40.06% | 37.92% | -4.40% | -16.25% | -39.67% | -57.25% | 0.58% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-65,424K ÷ $203,855K
= -32.09%
The net profit margin of MP Materials Corp has experienced fluctuations over the period from March 31, 2020, to December 31, 2024. Initially, the company had a low net profit margin of 0.58% in March 2020, followed by significant negative margins in the subsequent quarters. However, there was an improvement in profitability starting from June 30, 2021, with the net profit margin turning positive and progressively increasing to reach a peak of 54.79% in December 31, 2022.
Subsequently, the net profit margin showed some variability, with fluctuations observed in the range of 35.21% to 1.62% from March 31, 2023, to March 31, 2024. However, there was a notable decline in profitability in the latter half of 2024, with negative margins recorded in June 30, September 30, and December 31, 2024.
Overall, the trend in the net profit margin of MP Materials Corp displays both positive and negative movements, indicating shifts in the company's profitability during the period under consideration.
Peer comparison
Dec 31, 2024