KPI data tables

MP Materials operating metrics behind the KPI charts, newest period first (up to 24 periods per chart). Periods use each company's own fiscal labels where the source does; each table names its source.

MP Materials REO in Concentrate (Annual) (tonnes)
PeriodREO in concentrate (t)
FY 202550,692
FY 202445,455
FY 202341,557

Source: MP Materials FY 2023 results: REO 41,557 t. https://investors.mpmaterials.com/investor-news/news-details/2024/MP-Materials-Reports-Fourth-Quarter-and-Full-Year-2023-Results/default.aspx FY 2024 results: 45,455 t. https://investors.mpmaterials.com/investor-news/news-details/2025/MP-Materials-Reports-Fourth-Quarter-and-Full-Year-2024-Results/default.aspx FY 2025 results: 50,692 t. https://investors.mpmaterials.com/investor-news/news-details/2026/MP-Materials-Reports-Fourth-Quarter-and-Full-Year-2025-Results/default.aspx 10-K year ended 31 Dec 2025. https://www.sec.gov/Archives/edgar/data/1801368/000180136826000008/mp-20251231.htm

MP Materials NdPr Oxide vs REO Concentrate (Annual) (tonnes)
PeriodREO in concentrate (t)NdPr oxide (t)
FY 202550,6922,599
FY 202445,4551,294
FY 202341,557200

Source: MP FY 2023-2025 earnings tables: REO production 41,557 / 45,455 / 50,692 t and NdPr production 200 / 1,294 / 2,599 t.

MP Materials Free Cash Flow (Annual) (usd_billions)
PeriodFree cash flow
FY 2025-0.33
FY 2024-0.17
FY 2023-0.2
FY 20220.02
FY 2021-0.02
FY 2020-0.02
FY 20190
FY 20180.01

Source: Financial Modeling Prep annual income statements and cash flow statements, as compiled in src/data/sectors/cm-financials.json (lastUpdated 2026-08-28).

MP Materials Operating Margin (Annual) (percent)
PeriodOperating margin
FY 2025-64.6
FY 2024-83.1
FY 2023-7
FY 202262.1
FY 202149.8
FY 2020-25.8
FY 2019-10.4
FY 2018-13.2

Source: Financial Modeling Prep annual income statements and cash flow statements, as compiled in src/data/sectors/cm-financials.json (lastUpdated 2026-08-28).

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MP Materials (MP) - KPIs | Sterling