MP vs USAR
MP: MP Materials is a vertically integrated rare earth company aiming to restore the full domestic supply chain for high-performance magnets used in electric vehicles and other advanced technologies. USAR: USA Rare Earth is developing a vertically integrated domestic supply chain for rare earth metals to support high-tech manufacturing.
Side-by-side fundamentals
| Metric | MP | USAR | Edge |
|---|---|---|---|
| Price as of 2026-10-21 close | $39.50 | $10.23 | |
| Market cap | $7.0B | $3.8B | |
| Net margin FY2025, SEC XBRL | -38.3% | -18110.7% | MP higher |
| Gross margin FY2025, SEC XBRL | n/a | +11.9% | |
| Operating margin FY2025, SEC XBRL | -66.6% | -3621.6% | MP higher |
| ROE FY2025, SEC XBRL | -4.3% | -60.2% | MP higher |
| ROA FY2025, SEC XBRL | -2.2% | -42.8% | MP higher |
| Debt / equity filed borrowings, leases excl., balance sheet 2026-06-30 | 0.48 | n/a | |
| Revenue growth (YoY) FY2025, SEC XBRL | +10.1% | n/a | |
| Revenue CAGR (3y) SEC XBRL | -24.8% | n/a | |
| Dividend streak (yrs) SEC XBRL | 0 | 0 | Tie |
| Beta as of 2026-09-03 | 1.33 | 0.56 | |
| 1-year return as of 2026-10-21 close | -46.7% | -61.7% | MP higher |
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.