MP Materials (MEX:MP) Interest Expense: MXN-615 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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MEX:MP MP Materials Corp MEX:MP
62 GF Score
Price MXN902.00
GF Value MXN584.27
Valuation Significantly Overvalued
! 2 Warning Signs
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What is MP Materials Interest Expense?

MP Materials MEX:MP -0.99% 62 Interest Expense is MXN-615 Mil as of Mar. 2026. GuruFocus rates MEX:MP with a GF Score™ of 62/100 and a GF Value™ of MXN584.27 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MP Materials's interest expense for the three months ended in Mar. 2026 was MXN -178 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-615 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. MP Materials's Operating Income for the three months ended in Mar. 2026 was MXN -329 Mil. MP Materials's Interest Expense for the three months ended in Mar. 2026 was MXN -178 Mil. MP Materials did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

MP Materials  (MEX:MP) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

MP Materials's Interest Expense for the three months ended in Mar. 2026 was MXN-178 Mil. Its Operating Income for the three months ended in Mar. 2026 was MXN-329 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was MXN16,823 Mil.

MP Materials's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

MP Materials did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's financial strength is.

MP Materials Interest Expense Historical Data

* Premium members only.

The historical data trend for MP Materials's Interest 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 Interest Expense Chart

MP Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial -182.66 -112.80 -89.18 -479.89 -566.84

MP Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest 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 -155.79 -101.94 -157.14 -178.00 -177.55
MEX:MP
62GF Score
MP Materials Corp MEX:MP
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MP Materials Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-615 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of MXN-615 Mil mean?
MP Materials (MEX:MP) has a Interest Expense of MXN-615 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on MP Materials and its competitors.
Is MP Materials' Interest Expense too high?
MP Materials' current Interest Expense is MXN-615 Mil. Overall, MP Materials has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MP Materials' Interest Expense compare to MTRN and USAR?
MP Materials' Interest Expense of MXN-615 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 Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on MP Materials and its competitors. MP Materials's current Interest Expense is MXN-615 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 Significantly Overvalued. The stock's GF Value™ is MXN584.27, compared to a current price of MXN902.00 — trading 54.4% above its estimated fair value. The current Interest Expense is MXN-615 Mil. MP Materials' overall GF Score™ is 62/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For MP Materials (MEX:MP), the current Interest Expense is MXN-615 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 MXN902.00 is trading 54.4% above its estimated GF Value™ of MXN584.27. GuruFocus considers MP Materials to be Significantly Overvalued.

Key valuation signals for MEX:MP:

  • Interest Expense: MXN-615 Mil
  • GF Value™: MXN584.27 vs. price of MXN902.00 (54.4% above fair value)
  • GF Score™: 62/100 with 2 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.
62GF Score

Get the complete analysis for MEX:MP

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

MXN902.00
Price
MXN584.27
GF Value