As of June 18, 2025, MP Materials Corp (MP) reports a ROA (Return on Assets) of -2.80%.
ROA (Return on Assets) evaluates how effectively a company turns its assets into profits, showcasing resource utilization.
Historical Trend of MP Materials Corp's ROA (Return on Assets)
Over recent years, MP Materials Corp's ROA (Return on Assets) has shown significant volatility. The table below summarizes the historical values:
| Date | ROA (Return on Assets) |
|---|---|
| 2024-12-31 | -2.80% |
| 2023-12-31 | 1.04% |
| 2022-12-31 | 12.91% |
| 2021-12-31 | 7.14% |
| 2020-12-31 | -2.03% |
This slight upward trend highlights how MP Materials Corp manages its efficiency in using assets to generate earnings over time.
Comparing MP Materials Corp's ROA (Return on Assets) to Peers
To better understand MP Materials Corp's position, it's useful to compare its ROA (Return on Assets) against industry peers. Below are selected comparisons:
| Company | ROA (Return on Assets) |
|---|---|
| MP Materials Corp (MP) | -2.80% |
| Materion Corp (MTRN) | 0.35% |
| Piedmont Lithium Ltd (PLLDA.AX) | -12.54% |
| Compass Minerals International Inc (CMP) | -12.57% |
| Piedmont Lithium Inc (PLL) | -18.51% |
| Excelsior Mining Corp (MIN.TO) | -24.88% |
Compared to its competitors, MP Materials Corp's ROA (Return on Assets) is among the highest compared to peers, demonstrating superior efficiency in generating earnings from assets.