MP Materials Operating Margin History
MP / Materials|7 years of SEC 10-K data (FY2019-FY2025)
-66.5% in FY2025 with a 5-year CAGR of -40.7%.
Declined from -7.0% to -66.5% over the past 2 years.
Among 83 Materials companies, MP Materials is in the bottom 8% for operating margin. Operating Margin returned to growth in FY2025 after 2 years of decline, reaching -66.5%.
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 Change
- -128.6pp
- 5-Year Change
- -40.7pp
- 10-Year Change
- -
Operating Margin Trend
Bottom 8% in MaterialsTop 92% of 83This company -66.5% Sector average -72.4%
▼
+8.1% above sector average
Key Insights
- In FY2025, operating margin increased 19.9% year-over-year.
- Currently 5.9pp above the Materials sector average.
- Peak operating margin was recorded in FY2022.
- Lowest operating margin in the period was in FY2024.
Annual Data
| Year | Operating Margin | YoY Growth |
|---|---|---|
| FY2025 | -66.5% | +19.9% |
| FY2024 | -83.1% | -1089.0% |
| FY2023 | -7.0% | -111.3% |
| FY2022 | 62.1% | +24.6% |
| FY2021 | 49.8% | +292.8% |
| FY2020 | -25.8% | -148.9% |
| FY2019 | -10.4% | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026