Companies: 10,795·Total market cap: $144.5T
MP Materials Corp.

MP Materials Corp.

MPNYSEBasic Materials● Active
$58.33
$-0.86(-1.44%)
Market Cap$10.4B
P/E Ratio—
52W High$100.251
52W Low$23.26
Cash on HandFinancialsRevenue

MP Materials Corp. (MP) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

MP · cash on hand · updated Dec 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$1.83B▲ +115.1% vs prior year
FY · as of Dec 31, 2025 · Reported in USD
Cash & Cash Equiv. (CCE)
$1.17B
cashAndCashEquivalents
Short-Term Investments
$664.3M
shortTermInvestments
YoY Change vs Prior Year
+115.1%
vs prior fiscal year
Latest Quarter
$1.74B
Q1 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash & ST Investments$1.83BCash on Hand
Total Debt$1.04BTotal Debt
Net Cash / Net Debt+$787.2MNet Cash Position
Cash vs Debt Ratio
Cash 64%Debt 36%

MP Materials Corp. has a net cash position of $787.2M, holding more cash than debt.

Net Cash = Cash & ST Investments − Total Debt$1.83B − $1.04B = +$787.2M

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
MP annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2025Latest$1.83B+115.1%
Dec 31, 2024$850.9M-14.7%
Dec 31, 2023$997.8M-15.6%
Dec 31, 2022$1.18B+0.3%
Dec 31, 2021$1.18B+126.9%
MP cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Basic Materials Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
BHP Group Limited
BHP Group Limited
BHP
$12.17B5.7%#2
Rio Tinto Group
Rio Tinto Group
RIO
$9.45B5.7%#3
Linde plc
Linde plc
LIN
$5.06B2.2%#4
Southern Copper Corporation
Southern Copper Corporation
SCCO
$4.91B3.4%
#5
MP Materials Corp.
MP Materials Corp.YOU
MP
$1.83B17.6%
Basic Materials sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

MP Materials Corp. (MP) cash on hand as of December 31, 2025 is $1.83B, comprising $1.17B in cash and cash equivalents (CCE) plus $664.3M in short-term investments — reported as MP Materials Corp. cash and short-term investments on the balance sheet (10-K filing). Also referred to as MP Materials Corp. cash reserves or cash position.

MP Materials Corp. annual cash on hand history shows increased +115.1% in 2025: increased +115.1% in 2025. MP Materials Corp. cash reserves in 2025 reflect the company's capital allocation strategy.

MP Materials Corp. carries total debt of $1.04B against cash of $1.83B, resulting in a net cash position of +$787.2M. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

MP cash on hand · 5 questions

As of December 31, 2025, MP Materials Corp. (MP) has $1.83B in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $1.17B in cash and cash equivalents (CCE) plus $664,275,000 in short-term investments. Latest quarter (March 31, 2026): $1.74B. Data sourced from the annual 10-K filing via FMP.

MP cash on handMP cash reservesMP cash 2025how much cash does MP have

▸ Source: FMP /balance-sheet-statement · US GAAP · MP Materials Corp. · MP Materials Corp. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025