MP Materials's Total Assets for the quarter that ended in Mar. 2026 was $3,840.2 Mil.
During the past 12 months, MP Materials's average Total Assets Growth Rate was 30.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 24.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 29.10% per year.
During the past 7 years, MP Materials's highest 3-Year average Total Assets Growth Rate was 120.10%. The lowest was 24.40%. And the median was 30.95%.
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
MP Materials's Asset Turnover for the quarter that ended in Mar. 2026 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
MP Materials Total Assets Related Terms
MP Materials Total Assets Historical Data
* Premium members only.
The historical data trend for MP Materials's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
MP Materials's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (MP) has a Total Assets of $3,840.2 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on MP Materials and its competitors.
Is MP Materials' Total Assets too high?
MP Materials' current Total Assets is $3,840.2 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' Total Assets compare to USAR and MTRN?
MP Materials' Total Assets of $3,840.2 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 Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on MP Materials and its competitors. MP Materials's current Total Assets is $3,840.2 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 $32.08, compared to a current price of $55.62 — trading 73.4% above its estimated fair value. The current Total Assets is $3,840.2 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 Total Assets calculated?
Total Assets is calculated from a company's financial statements. For MP Materials (MP), the current Total Assets is $3,840.2 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 $55.62 is trading 73.4% above its estimated GF Value™ of $32.08.
GuruFocus considers MP Materials to be Significantly Overvalued.
Key valuation signals for MP:
Total Assets: $3,840.2 Mil
GF Value™: $32.08 vs. price of $55.62 (73.4% above fair value)
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 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
Get the complete analysis for MP
Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MP has been successfully added to your 
