MP Materials (MEX:MP) Pre-Tax Income : MXN-1,527 Mil (TTM As of Sep. 2024)

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What is MP Materials Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. MP Materials's pretax income for the three months ended in Sep. 2024 was MXN-687 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was MXN-1,527 Mil. MP Materials's pretax margin was -55.41%.

During the past 5 years, MP Materials's highest Pretax Margin was 64.67%. The lowest was -43.48%. And the median was 13.05%.

MP Materials Pre-Tax Income Historical Data

The historical data trend for MP Materials's Pre-Tax Income 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.

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MP Materials Pre-Tax Income Chart

MP Materials Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

-127.38

-784.96

3,286.24

6,651.10

561.42

MP Materials Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Pre-Tax Income	Get a 7-Day Free Trial															-77.97	-350.64	392.22	-882.17	-686.52

Competitive Comparison of MP Materials's Pre-Tax Income

For the Other Industrial Metals & Mining subindustry, MP Materials's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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's Pre-Tax Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MP Materials's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where MP Materials's Pre-Tax Income falls into.

MP Materials Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

MP Materials's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	61.294	+	589.312	+	-89.183	+	0	+	0
	=	561

MP Materials's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-746.518	+	190.858	+	-130.862	+	0	+	-1.1368683772162E-13
	=	-687

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-1,527 Mil.

MP Materials (MEX:MP) Pre-Tax Income Explanation

MP Materials's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-686.522	/	1239.052
	=	-55.41%

During the past 5 years, MP Materials's highest Pretax Margin was 64.67%. The lowest was -43.48%. And the median was 13.05%.

MP Materials Pre-Tax Income Related Terms

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MP Materials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MP Materials Corp (MEX:MP) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

MP:USA 55H0:Germany

Address

1700 S. Pavilion Center Drive, 8th Floor, Las Vegas, NV, USA, 89135

Website

https://www.mpmaterials.com

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.