MP Materials Interest Expense History
MP / Materials|6 years of SEC 10-K data (FY2019-FY2024)
$23M in FY2024 with a 5-year CAGR of +47.0%.
Increased from $6M to $23M over the past 2 years.
Interest Expense changed +345% YoY in FY2024, a notable deviation from the 5-year average annual change of +85%.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.78 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +38.0%
- 5-Year CAGR
- +47.0%
- 10-Year CAGR
- -
Interest Expense Trend
#15 of 48 in MaterialsTop 29% of 48This company $23.4M Sector average $156.1M
▼
-85.0% below sector average
Key Insights
- 5-year CAGR of +47.0%, indicating consistent growth.
- In FY2024, interest expense increased 345.4% year-over-year.
- Ranks #34 out of 48 companies in the Materials sector.
- Lowest interest expense in the period was in FY2019.
Annual Data
| Year | Interest Expense | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $23.4M | +345.4% |
| FY2023 | $5.3M | -9.2% |
| FY2022 | $5.8M | -35.0% |
| FY2021 | $8.9M | +77.8% |
| FY2020 | $5.0M | +46.8% |
| FY2019 | $3.4M | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026