MP Materials Corp.
MPFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
204
Cost of Revenue
271
Gross Profit
-67
Gross Margin
-32.8%
Operating Income
-169
Operating Margin
-83.1%
Net Income
-65
Net Margin
-32.1%
EPS (Basic)
$-0.57
EPS (Diluted)
$-0.57
EBITDA
8
EBITDA Margin
3.8%
2023
12/31/2023
Revenue
253
Cost of Revenue
148
Gross Profit
105
Gross Margin
41.4%
Operating Income
-18
Operating Margin
-7.0%
Net Income
24
Net Margin
9.6%
EPS (Basic)
$0.14
EPS (Diluted)
$0.14
EBITDA
94
EBITDA Margin
37.1%
2022
12/31/2022
Revenue
528
Cost of Revenue
111
Gross Profit
417
Gross Margin
79.0%
Operating Income
327
Operating Margin
62.1%
Net Income
289
Net Margin
54.8%
EPS (Basic)
$1.64
EPS (Diluted)
$1.52
EBITDA
365
EBITDA Margin
69.2%
2021
12/31/2021
Revenue
332
Cost of Revenue
101
Gross Profit
231
Gross Margin
69.7%
Operating Income
165
Operating Margin
49.8%
Net Income
135
Net Margin
40.7%
EPS (Basic)
$0.78
EPS (Diluted)
$0.73
EBITDA
193
EBITDA Margin
58.3%
2020
12/31/2020
Revenue
134
Cost of Revenue
71
Gross Profit
64
Gross Margin
47.3%
Operating Income
-35
Operating Margin
-25.8%
Net Income
-22
Net Margin
-16.2%
EPS (Basic)
$-0.27
EPS (Diluted)
$-0.27
EBITDA
-28
EBITDA Margin
-20.5%