Company / Operating Margin
MP Materials Operating Margin History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-66.5%
FY2025
5-year range
-83.1% / -7.0%
FY2021-FY2025
Trend
+19.9%
vs FY2024
Sector context
#77 of 84
Materials
What the data says
Among 84 Materials companies, MP Materials is in the bottom 8% for operating margin. Operating Margin has fluctuated over the past 7 years, ranging from -83.1% in FY2024 to -7.0% in FY2023.
Based on SEC 10-K filings.
-66.5% in FY2025 with a 5-year CAGR of -40.7%.
Declined from -7.0% to -66.5% over the past 2 years.
Materials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -40.7pp
- 5-Year Change
- -40.7pp
- 10-Year Change
- -
Sector benchmark
Bottom 8% in MaterialsTop 92% of 84This company -66.5% Sector average -70.2%
▼
+5.2% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 19.9% year-over-year.
- Currently 3.7pp above the Materials sector average.
- Peak operating margin was recorded in FY2023.
- Lowest operating margin in the period was in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.78 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -66.5% | +19.9% |
| FY2024 | -83.1% | -1089.0% |
| FY2023 | -7.0% | +72.9% |
| FY2022 | -25.8% | -148.9% |
| FY2021 | -10.4% | +59.8% |
| FY2020 | -25.8% | -148.9% |
| FY2019 | -10.4% | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026