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MP MaterialsMEX:MP -4.10%61 Debt-to-Equity is 0.51 as of Mar. 2026, which is 12% below its 10-year median of 0.58. GuruFocus rates MEX:MP with a GF Score™ of 61/100 and a GF Value™ of MXN585.40 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,221 Metals & Mining companies, MP Materials ranks worse than 74.53% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for MP Materials's Debt-to-Equity or its related term are showing as below:
MEX:MP'
s Debt-to-Equity Range Over the Past 10 Years
Min: -1.04 Med: 0.58 Max: 0.91
Current: 0.51
During the past 7 years, the highest Debt-to-Equity Ratio of MP Materials was 0.91. The lowest was -1.04. And the median was 0.58.
MEX:MP's Debt-to-Equity is ranked worse than 74.53% of 1221
companies
in the Metals & Mining industry
Industry Median: 0.15
vs MEX:MP: 0.51
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
MP Materials Debt-to-Equity Related Terms
MP Materials Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for MP Materials's Debt-to-Equity 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.
MEX:MP vs MTRN, USAR, EMAT: Debt-to-Equity Comparison
For the Other Industrial Metals & Mining subindustry, MP Materials's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MP Materials Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MP Materials's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where MP Materials's Debt-to-Equity falls into.
* 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 (MEX:MP) has a Debt-to-Equity of 0.51 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on MP Materials and its competitors. This is 12% below median its historical median of 0.58. According to the industry distribution chart, MP Materials ranks #910 out of 1221 companies in the Metals & Mining industry, placing it in the top 74.5%.
Is MP Materials' Debt-to-Equity too high?
MP Materials' current Debt-to-Equity of 0.51 is 12% below median its 10-year median of 0.58. The Metals & Mining industry median Debt-to-Equity is 0.15. MP Materials' value of 0.51 is 240% above this industry median. Based on the distribution chart, MP Materials ranks #910 out of 1221 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, MP Materials has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MP Materials' Debt-to-Equity compare to MTRN and USAR?
According to the Metals & Mining industry distribution chart, MP Materials ranks #910 out of 1221 companies for Debt-to-Equity. This places MP Materials in the lower half of its industry. The industry median Debt-to-Equity is 0.15. MP Materials' value of 0.51 is 240% above this benchmark. While the company's 10-year median is 0.58 vs. the industry median of 0.15, MP Materials has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,221 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MP Materials's current Debt-to-Equity of 0.51 is 240% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on MP Materials and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MP Materials's current Debt-to-Equity is 0.51, which is 12% below median its own 10-year median of 0.58. 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 Significantly Overvalued. The stock's GF Value™ is MXN585.40, compared to a current price of MXN865.00 — trading 47.8% above its estimated fair value. The current Debt-to-Equity is 0.51, which is 12% below median its 10-year median of 0.58 and 240% above the Metals & Mining industry median of 0.15. MP Materials' overall GF Score™ is 61/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For MP Materials (MEX:MP), the current Debt-to-Equity is 0.51 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 MXN865.00 is trading 47.8% above its estimated GF Value™ of MXN585.40.
GuruFocus considers MP Materials to be Significantly Overvalued.
Key valuation signals for MEX:MP:
Debt-to-Equity: 0.51 (12% below median its 10-year median of 0.58)
GF Value™: MXN585.40 vs. price of MXN865.00 (47.8% above fair value)
Industry Position: 240% above the Metals & Mining median (#910 of 1221)
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 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.
61GF Score
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