MP Materials
MP
#3492
Rank
โ‚น270.55 B
Marketcap
โ‚น1,658
Share price
4.86%
Change (1 day)
23.46%
Change (1 year)

Operating Margin for MP Materials (MP)

Operating Margin as of November 2024 (TTM): -21.62%

According to MP Materials's latest financial reports and stock price the company's current Operating Margin is -21.62%. At the end of 2023 the company had an Operating Margin of 13.05%.

Operating Margin history for MP Materials from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202313.05%-79.82%
202264.67%34.01%
202148.26%-264.25%
2020-29.38%219.34%
2019-9.20%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.