MP Materials (MEX:MP) Current Accrued Expense: MXN1,762 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:MP MP Materials Corp MEX:MP
66 GF Score
Price MXN710.00
GF Value MXN593.04
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is MP Materials Current Accrued Expense?

MP Materials MEX:MP -5.33% 66 Current Accrued Expense is MXN1,762 Mil as of Mar. 2026. GuruFocus rates MEX:MP with a GF Score™ of 66/100 and a GF Value™ of MXN593.04 (Modestly Overvalued). The stock has 3 warning signs investors should review.

MP Materials's Current Accrued Expense for the quarter that ended in Mar. 2026 was MXN1,762 Mil.

MP Materials's quarterly Current Accrued Expense increased from Sep. 2025 (MXN1,355 Mil) to Dec. 2025 (MXN1,674 Mil) and increased from Dec. 2025 (MXN1,674 Mil) to Mar. 2026 (MXN1,762 Mil).

MP Materials's annual Current Accrued Expense increased from Dec. 2023 (MXN1,198 Mil) to Dec. 2024 (MXN1,266 Mil) and increased from Dec. 2024 (MXN1,266 Mil) to Dec. 2025 (MXN1,674 Mil).

MP Materials Current Accrued Expense Historical Data

* Premium members only.

The historical data trend for MP Materials's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MP Materials Current Accrued Expense Chart

MP Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Accrued Expense
Get a 7-Day Free Trial 0.00 1,110.08 1,197.81 1,265.69 1,674.19

MP Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,339.40 1,361.07 1,354.63 1,674.19 1,761.78
MEX:MP
66GF Score
MP Materials Corp MEX:MP
Current Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MP Materials Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of MXN1,762 Mil mean?
MP Materials (MEX:MP) has a Current Accrued Expense of MXN1,762 Mil as of Mar. 2026. Current Accrued Expense records the total amount of accrued expenses. View historical data on MP Materials and its competitors.
Is MP Materials' Current Accrued Expense too high?
MP Materials' current Current Accrued Expense is MXN1,762 Mil. Overall, MP Materials has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MP Materials' Current Accrued Expense compare to MTRN and USAR?
MP Materials' Current Accrued Expense of MXN1,762 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for a Metals & Mining company?
A good Current Accrued Expense depends on the Metals & Mining industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on MP Materials and its competitors. MP Materials's current Current Accrued Expense is MXN1,762 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MP Materials stock overvalued right now?
Based on GuruFocus' analysis, MP Materials (MEX:MP) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN593.04, compared to a current price of MXN710.00 — trading 19.7% above its estimated fair value. The current Current Accrued Expense is MXN1,762 Mil. MP Materials' overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For MP Materials (MEX:MP), the current Current Accrued Expense is MXN1,762 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MP Materials (MEX:MP) Overvalued in 2026?

Based on GuruFocus' analysis, MP Materials stock appears to be overvalued. The current stock price of MXN710.00 is trading 19.7% above its estimated GF Value™ of MXN593.04. GuruFocus considers MP Materials to be Modestly Overvalued.

Key valuation signals for MEX:MP:

  • Current Accrued Expense: MXN1,762 Mil
  • GF Value™: MXN593.04 vs. price of MXN710.00 (19.7% above fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the MEX:MP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MP Materials Business Description

Address 1700 S. Pavilion Center Drive, Suite 800, Las Vegas, NV, USA, 89135
MP Materials Corp is the producer of rare earth materials in the Western Hemisphere. The company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility, the only rare earth mining and processing site of scale in North America. The company is also developing a rare earth metal, alloy, and magnet manufacturing facility in Fort Worth, Texas. The company's operations are organized into two reportable segments: Materials and Magnetics.
66GF Score

Get the complete analysis for MEX:MP

Current Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN710.00
Price
MXN593.04
GF Value