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MP Materials (MEX:MP) Research & Development : MXN235 Mil (TTM As of Sep. 2024)


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What is MP Materials Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. MP Materials's Research & Development for the three months ended in Sep. 2024 was MXN40 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was MXN235 Mil.

MP Materials Research & Development Historical Data

The historical data trend for MP Materials's Research & Development 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.

* Premium members only.

MP Materials Research & Development Chart

MP Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
- 2.79 86.06 82.84 253.46

MP Materials Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Research & Development 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 50.04 90.74 69.80 34.55 40.39

MP Materials Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development 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 MXN235 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.

MP Materials  (MEX:MP) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

MP Materials Research & Development 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 » Research & Development
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MTRN NEXA GSM CRML LZM CMP TMC GRO SPGX ABAT ASX:BHP ASX:RIO LSE:RIO LSE:GLEN SAU:1211 MEX:GMEXICOB BSP:VALE3 LSE:AAL ASX:FMG BOM:500188
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.