MP (MP Materials) Retained Earnings: $226.5 Mil (As of Mar. 2026)


MP MP Materials Corp MP
68 GF Score
Price $56.01
GF Value $32.51
Valuation Significantly Overvalued
! 2 Warning Signs
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What is MP Materials Retained Earnings?

MP Materials MP +2.32% 68 Retained Earnings is $226.5 Mil as of Mar. 2026. GuruFocus rates MP with a GF Score™ of 68/100 and a GF Value™ of $32.51 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MP Materials's retained earnings for the quarter that ended in Mar. 2026 was $226.5 Mil.

MP Materials's quarterly retained earnings increased from Sep. 2025 ($225.0 Mil) to Dec. 2025 ($234.4 Mil) but then declined from Dec. 2025 ($234.4 Mil) to Mar. 2026 ($226.5 Mil).

MP Materials's annual retained earnings declined from Dec. 2023 ($385.7 Mil) to Dec. 2024 ($320.3 Mil) and declined from Dec. 2024 ($320.3 Mil) to Dec. 2025 ($234.4 Mil).


MP Materials  (NYSE:MP) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


MP Materials Retained Earnings Historical Data

* Premium members only.

The historical data trend for MP Materials's Retained Earnings 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 Retained Earnings Chart

MP Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial 72.42 361.42 385.73 320.30 234.43

MP Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings 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 297.65 266.78 225.00 234.43 226.46
MP
68GF Score
MP Materials Corp MP
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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MP Materials Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $226.5 Mil mean?
MP Materials (MP) has a Retained Earnings of $226.5 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on MP Materials and its competitors.
Is MP Materials' Retained Earnings too high?
MP Materials' current Retained Earnings is $226.5 Mil. Overall, MP Materials has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MP Materials' Retained Earnings compare to MTRN and USAR?
MP Materials' Retained Earnings of $226.5 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 Retained Earnings for a Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on MP Materials and its competitors. MP Materials's current Retained Earnings is $226.5 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 (MP) is currently considered Significantly Overvalued. The stock's GF Value™ is $32.51, compared to a current price of $56.01 — trading 72.3% above its estimated fair value. The current Retained Earnings is $226.5 Mil. MP Materials' overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For MP Materials (MP), the current Retained Earnings is $226.5 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 (MP) Overvalued in 2026?

Based on GuruFocus' analysis, MP Materials stock appears to be overvalued. The current stock price of $56.01 is trading 72.3% above its estimated GF Value™ of $32.51. GuruFocus considers MP Materials to be Significantly Overvalued.

Key valuation signals for MP:

  • Retained Earnings: $226.5 Mil
  • GF Value™: $32.51 vs. price of $56.01 (72.3% above fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the 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.
68GF Score

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

$56.01
Price
$32.51
GF Value