MP Materials Corp. (MP) scored on five pillars from its reported financial statements, and ranked against 77 Materials companies.
MP Materials Corp. (MP) scores 1.3 out of 10 as of , computed from its reported financial statements. That reads as low quality. The reading rests on solvency, and profitability is what holds it back.
One pillar, growth, is unscored because the filings behind it carry too little to judge. It is shown as a dash rather than a zero, and the overall score is the weighted average of what could be scored.
Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.
We cannot judge MP Materials Corp. yet, because fewer than five years had both a return on capital and a cost of capital we could measure. This is not a “no”.
Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →
As of October 19, 2026, MP Materials Corp. scores 1.3 out of 10 on the Lemma Quality Score, a reading of low quality. Scores this low usually reflect thin margins, a stretched balance sheet or an erratic record, and the pillars below show which. Nothing in it comes from the share price or from forecasts: it is MP Materials Corp.’s own reported numbers, scored pillar by pillar.
Ranked with the 77 Materials companies Lemma publishes, the score sits at the 1st percentile, in the bottom quarter of the group. The median across the group is 4.4, and the top quarter begins at 6.2, so MP Materials Corp. is well below the typical company here.
On profitability, MP Materials Corp. scores 0.0, a weak reading. Its peers have a median of 4.4 across 74 Materials companies, which places it well below them, at the 1st percentile. A low reading here is the first thing to explain: it is the pillar most closely tied to whether the business creates value at all.
On solvency, MP Materials Corp. scores 4.4, an average reading. Its peers have a median of 6.7 across 66 Materials companies, which places it well below them, at the 31st percentile. An average solvency reading suggests debt is present but manageable, the normal state for a company that borrows to fund its operations.
Growth has no score for MP Materials Corp. Fewer than half of the pillar’s metric weight could be computed from the reported statements, so it is drawn as a dash and left out of the overall rather than counted as a zero. For context, the median growth score across 57 Materials companies is 3.2. Growth needs at least three years of comparable annual statements, so a short or interrupted history leaves it blank.
Efficiency scores 0.3 out of 10, which reads as weak. Every other company in the group scores higher here, against a median of 5.2 across 71 Materials companies. A low efficiency score is worth reading alongside profitability: earnings that do not convert into cash are worth less than they look.
On predictability, MP Materials Corp. scores 0.5, a weak reading. Its peers have a median of 4.5 across 76 Materials companies, which places it well below them, at the 3rd percentile. Weak predictability means revenue or earnings have swung widely from year to year, so any single year’s figures are a less reliable guide.
The gap between MP Materials Corp.’s best and worst pillar is wide: solvency at 4.4 against profitability at 0.0, 4.4 points apart. An average of two readings this different deserves a closer look than the headline number. Leading with solvency is a defensive strength: it protects the business more than it grows it. Weak profitability can be cyclical, so it helps to know whether margins are at a low point or a long-run level.
Of everything that could lift MP Materials Corp.’s score, profitability matters most. Bringing it up to the 4.4 median of Materials companies would take the overall from 1.3 to roughly 2.7. With one pillar unscored, the overall rests on 80 of the 100 weight points, spread across the four pillars that could be measured (the full set is profitability 25, solvency 20, growth 20, efficiency 15, predictability 20).
For a fair comparison, start with companies of a similar size: the Materials companies below are nearest to MP Materials Corp. by market value, each scored on the same pillars.
How much profit the company generates from its capital and sales.
The company’s ability to service debt and meet its obligations.
How fast revenue, earnings and cash flow are compounding.
How well assets and earnings convert into cash and output.
How stable and consistent results have been over time.
Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.
This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.
Educational only. Not investment advice.
On this reading MP Materials Corp. scores 1.3 out of 10, which reads as low quality. Its strongest pillar is solvency, its weakest is profitability. Quality is not the same as a good investment: the score says nothing about the price you would pay.
MP Materials Corp. ranks at the 1st percentile of the 77 Materials companies Lemma publishes a score for. The median there is 4.4 and the top quarter starts at 6.2, against MP Materials Corp.’s 1.3.
Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.
This page last changed on October 19, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for MP are in the app.
No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.
Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.
Free to start · No credit card