MP Materials Corporation - Class A logo

MP

MP Materials Corporation - Class A

$36.47

Earnings Summary

Revenue
$166.26Mn
Net Profits
$85.55Mn
Net Profit Margins
51.46%
PE Ratio
27.87

Highlights

Revenue:

MP Materials Corporation - Class A’s revenue jumped 177.23% since last year same period to $166.26Mn in the Q1 2022. On a quarterly growth basis, MP Materials Corporation - Class A has generated 67.75% jump in its revenue since last 3-months.

Net Profits:

MP Materials Corporation - Class A’s net profit jumped 430.75% since last year same period to $85.55Mn in the Q1 2022. On a quarterly growth basis, MP Materials Corporation - Class A has generated 74.63% jump in its net profits since last 3-months.

Net Profit Margins:

MP Materials Corporation - Class A’s net profit margin jumped 91.45% since last year same period to 51.46% in the Q1 2022. On a quarterly growth basis, MP Materials Corporation - Class A has generated 4.1% jump in its net profit margins since last 3-months.

PE Ratio:

MP Materials Corporation - Class A’s price-to-earnings ratio after this Q1 2022 earnings stands at 27.87.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the MP Materials Corporation - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.33
EPS Estimate Current Year
0.33

Highlights

EPS Estimate Current Quarter:

MP Materials Corporation - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.33 - a -19.51% fall from last quarter’s estimates.

EPS Estimate Current Year:

MP Materials Corporation - Class A’s earning per share (EPS) estimates for the current year stand at 0.33.

Key Ratios

Key ratios of the MP Materials Corporation - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
0.5
Return on Assets (ROA)
0.11
Return on Equity (ROE)
0.24
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

MP Materials Corporation - Class A’s earning per share (EPS) jumped 284.62% since last year same period to 0.5 in the Q1 2022. This indicates that the MP Materials Corporation - Class A has generated 284.62% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. MP Materials Corporation - Class A’s return on assets (ROA) stands at 0.11.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. MP Materials Corporation - Class A’s return on equity (ROE) stands at 0.24.

Dividend Per Share (DPS):

MP Materials Corporation - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-06
0.41
0.5
21.95%

Company Information

MP Materials Corp. is the largest producer of rare earth materials in the Western Hemisphere. With over 270 employees, the Company owns and operates Mountain Pass, an iconic American industrial asset, which is the only rare earth mining and processing site of scale in the Western Hemisphere and currently produces approximately 15% of global rare earth content. Separated rare earth elements are critical inputs for the magnets that enable the mobility of electric vehicles, drones, defense systems, wind turbines, robotics and many other high-growth, advanced technologies. MP Materials’ integrated operations at Mountain Pass uniquely combine low production costs with best-in-class environmental standards, thereby restoring American leadership to a critical industry with a strong commitment to sustainability.

Organisation
MP Materials Corporation - Class A
Employees
277
Industry
Finance