MP Materials Corp. (MP)财务
NYSE · Basic Materials · Industrial Materials · 员工998人 · CEO James Henry Litinsky
- 股价
- $39.57 -4.97%
- 市值
- $70.5亿
- 企业价值
- $75.5亿
- 最近财报
- Q2 '26 2026-08-07提交
- 下次财报
- 2026-11-05 EPS预期 -$0.02
营收(TTM)$3.05亿+26.1% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)-33.1%+33.9 百分点 对比去年同期营业利润 -$1.01亿
净利润(TTM)-$6060万+40.2% 对比去年同期税后,含营业外收益
自由现金流(TTM)-$5.05亿-164.5% 对比去年同期资本支出 $4.21亿
稀释EPS(TTM)-$0.34+45.6% 对比去年同期最近4个季度之和
净现金$5.18亿+417.5% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $70.5亿 EV $75.5亿
- 营收
- $3.05亿 过去12个月
- 营收增速
- +99% FY2026年一致预期
- 净利润率
- -19.9% 净利润 / 营收,TTM
- P/E
- -115.8× 预期 -756.3×(FY2026)
- P/S
- 23.1× 股价 / 营收,TTM
- EV / EBITDA
- 122.3× TTM
- 自由现金流
- -$5.05亿 过去12个月
- 净利润
- -$6060万 过去12个月
- 营收预期
- $4.47亿 FY2026年一致预期
- 盈利
- 2026-11-05 营收预期 $1.17亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-06):营收超预期12.0%,EPS 超预期0.6%营收$1.08亿,预期$9690万(+12.0%);EPS -$0.01,预期-$0.01(+0.6%)。
- 营收增长加速:同比89.0%Q2 '26营收$1.08亿,此前四个季度的平均值为26.0%。
- 营业利润率-33.1%(TTM),较去年同期+33.9 百分点营收增长26.1%,营业利润增长37.7%。
- 资本支出占营收的137.7%(去年为60.9%)最近4个季度投入$4.21亿(同比+185.0%)。自由现金流-$5.05亿。
- 稀释股数一年内增加8.8%Q2 '26稀释股数1.78亿,一年前为1.64亿。
- 净现金 $5.18亿现金 + 短期投资 $14.5亿,含租赁债务 $9.35亿;一年前净债务 $1.63亿。
上一季度:Q2 '26
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $1.08亿 | $5740万 | +89.0% |
| 毛利率 | 33.4% | -24.1% | +57.4 百分点 |
| 营业利润 | -$1470万 | -$4390万 | +66.6% |
| 营业利润率 | -13.5% | -76.5% | +62.9 百分点 |
| 净利润 | -$2030万 | -$3090万 | +34.3% |
| 稀释EPS | -$0.11 | -$0.19 | +42.1% |
| 经营现金流 | $685万 | -$366万 | +287.4% |
| 资本支出 | $2.3亿 | $2900万 | +694.1% |
| 自由现金流 | -$2.23亿 | -$3270万 | -584.3% |
| R&D | $128万 | $250万 | -48.6% |
| 股权激励费用 | $1130万 | $555万 | +103.3% |
实际 vs 一致预期
2026-08-06| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $1.08亿 | $9690万 | +12.0% |
| EPS(一致预期口径) | -$0.01 | -$0.01 | +0.6% |
来自2026-08-06发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q3 '24 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Product | – | – | – | – | – | |
| Product and Service, Other | – | – | – | – | – | |
| Other Revenue | $69.5万 | – | 100.0% | – | – |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- -$8400万
- 资本支出
- -$4.21亿
- 股票回购
- -$5100万
- 股息
- $0
- 收购
- $167万
- 债务净发行
- -$7200万
- 股权激励费用
- $4150万
- 自由现金流
- -$5.05亿
- 股东回报 / FCF
- -10.1%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | -115.8× | 71.6× 5年中的3年 | 14.8× – 141.8× |
| EV / EBITDA | 122.3× | 672.2× | 13.2× – 2,848.6× |
| EV / 营收 | 24.7× | 20.1× | 9.2× – 37.7× |
| 股价 / FCF | -14.0× | 253.3× 5年中的1年 | 253.3× – 253.3× |
| 股价 / 净资产 | 3.6× | 3.9× | 2.5× – 7.8× |
| FCF收益率 | -7.2% | -3.2% | -6.6% – 0.4% |
| 投入资本回报率 | -1.9% | 2.3% | -5.5% – 13.0% |
| 净资产收益率 | -2.7% | 5.5% | -6.2% – 22.0% |
分析师
一致目标价 $80.70 (+103.9%)
区间 $69.00 – $100.00 · 评级 Buy
强烈买入0
买入13
持有1
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $4.47亿 | +99.0% | -$0.05 | +89.5% | -756.3× | 10 |
| FY2027 | $7.75亿 | +73.6% | $0.61 | +1,260.2% | 65.2× | 10 |
| FY2028 | $9.7亿 | +25.1% | $1.19 | +96.0% | 33.3× | 9 |
| FY2029 | $11.5亿 | +18.3% | $1.51 | +26.5% | 26.3× | 3 |
| FY2030 | $19.2亿 | +67.5% | $2.60 | +72.5% | 15.2× | 3 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
MP Materials Corp.在近期10-Q / 10-K文件中标记的全部281项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| $3650万2026-04-17 | – | – | – | – | – | |
| Accounts Payable, Current | $4600万 | $2170万 | +111.8% | $3670万 | $2360万 | +55.6% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $4040万 | $2180万 | +85.3% | $1460万 | $1860万 | -21.5% |
| Accounts Receivable, Allowance for Credit Loss, Current | $0 | $0 | – | $0 | $0 | – |
| Accretion (Amortization) of Discounts and Premiums, Investments | $718万 | $577万 | +24.5% | $2410万 | $3030万 | -20.4% |
| Accretion Expense, Including Asset Retirement Obligations | $38.5万 | $37.2万 | +3.5% | $149万 | $92.9万 | +60.4% |
| Accrual for Environmental Loss Contingencies | $1930万2025-12-31 | $1900万 | +1.4% | $1930万 | $1900万 | +1.4% |
| Accrual for Environmental Loss Contingencies, Discount | $2100万2025-12-31 | $2040万 | +3.0% | $2100万 | $2040万 | +3.0% |
| Accrual for Environmental Loss Contingencies, Discount Rate | 4.8% | 4.8% | +1.3% | 4.8% | 4.8% | +1.3% |
| Accrual for Environmental Loss Contingencies, Gross | $3990万 | $3900万 | +2.3% | $4030万 | $3950万 | +2.1% |
| Accrual for Environmental Loss Contingencies, Revision in Estimates | – | – | – | $25.9万 | $200万 | -87.0% |
| Accrual for Environmental Loss Contingency, Undiscounted, to be Paid, after Year Five | $3550万2025-12-31 | $3470万 | +2.2% | $3550万 | $3470万 | +2.2% |
| Accrual for Environmental Loss Contingency, Undiscounted, to be Paid, Year Five | $101万2025-12-31 | $99.2万 | +2.2% | $101万 | $99.2万 | +2.2% |
| Accrual for Environmental Loss Contingency, Undiscounted, to be Paid, Year Four | $98.9万2025-12-31 | $96.8万 | +2.2% | $98.9万 | $96.8万 | +2.2% |
| Accrual for Environmental Loss Contingency, Undiscounted, to be Paid, Year One | $91.9万2025-12-31 | $89.9万 | +2.2% | $91.9万 | $89.9万 | +2.2% |
| Accrual for Environmental Loss Contingency, Undiscounted, to be Paid, Year Three | $96.5万2025-12-31 | $94.4万 | +2.2% | $96.5万 | $94.4万 | +2.2% |
| Accrual for Environmental Loss Contingency, Undiscounted, to be Paid, Year Two | $94.2万2025-12-31 | $92.1万 | +2.3% | $94.2万 | $92.1万 | +2.3% |
| Accrual for Taxes Other than Income Taxes, Current | $187万 | $216万 | -13.5% | $211万 | $404万 | -47.9% |
| Accrued Environmental Loss Contingencies, Noncurrent | $1840万 | $1810万 | +1.7% | $1840万 | $1810万 | +1.7% |
| Accrued Liabilities, Current | $6030万 | $7440万 | -19.0% | $9510万 | $6470万 | +46.9% |
| Accumulated Deferred Investment Tax Credit | $3530万 | $2640万 | +33.5% | $2690万 | $2550万 | +5.3% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $3.24亿 | $2.27亿 | +43.0% | $2.73亿 | $1.92亿 | +42.4% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$25.8万 | -$2.6万 | -892.3% | $38.7万 | $17.3万 | +123.7% |
| Additional Paid in Capital | $19.8亿 | $9.71亿 | +103.8% | $19.7亿 | $9.61亿 | +105.0% |
| Adjustments to Additional Paid in Capital, Warrant Issued | $02025-12-31 | – | – | $2.61亿 | – | – |
| Amortization of Debt Issuance Costs | – | – | – | $390万2024-12-31 | $354万 | +10.3% |
| Amortization of Debt Issuance Costs and Discounts | $178万 | $104万 | +71.1% | $541万 | $390万 | +38.7% |
| Amortization of Intangible Assets | $30万2025-12-31 | $30万 | 0.0% | $120万 | $120万 | 0.0% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 6650万 | 4180万 | +59.0% | 6650万 | 4120万 | +61.3% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $1130万 | $557万 | +103.1% | $3100万 | $2350万 | +32.0% |
| Area of Real Estate Property | 120 acre2026-04-30 | – | – | – | – | – |
| Asset Impairment Charges | $0 | $0 | – | $0 | $0 | – |
| Asset Retirement Obligation | $779万2025-12-31 | $740万 | +5.4% | $779万 | $740万 | +5.4% |
| Asset Retirement Obligation, Accretion Expense | – | – | – | $58万 | $42.9万 | +35.2% |
| Asset Retirement Obligation, Liabilities Incurred | – | – | – | $0 | $15.9万 | -100.0% |
| Asset Retirement Obligation, Liabilities Settled | – | – | – | $18.4万 | $18.4万 | 0.0% |
| Asset Retirement Obligation, Revision of Estimate | – | – | – | $0 | $129万 | -100.0% |
| Asset Retirement Obligations, Noncurrent | $800万 | $750万 | +6.7% | $770万 | $720万 | +6.9% |
| Assets | $37.3亿 | $23.4亿 | +59.5% | $38.6亿 | $23.3亿 | +65.6% |
| Assets, Current | $17.5亿 | $9.6亿 | +81.7% | $21.7亿 | $10.3亿 | +110.0% |
| Assets, Noncurrent | $19.8亿 | $13.8亿 | +44.0% | $17亿 | $13亿 | +30.4% |
| Cash and Cash Equivalents, at Carrying Value | $4.29亿 | $2.62亿 | +64.1% | $11.7亿 | $2.82亿 | +312.8% |
| Cash and Cash Equivalents, Fair Value Disclosure | $4.29亿 | $2.62亿 | +64.1% | $11.7亿 | $2.82亿 | +312.8% |
| Cash, Cash Equivalents, and Short-term Investments | $14.5亿 | $7.54亿 | +92.7% | $18.3亿 | $8.51亿 | +115.1% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $4.3亿 | $2.63亿 | +63.4% | $11.7亿 | $2.84亿 | +311.6% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$4.57亿 | $6330万 | -822.8% | $8.84亿 | $1860万 | +4,647.5% |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | 0.0% | $0.00 | $0.00 | 0.0% |
| Common Stock, Shares Authorized | 4.5亿 | 4.5亿 | 0.0% | 4.5亿 | 4.5亿 | 0.0% |
| Common Stock, Shares, Issued | 1.93亿 | 1.79亿 | +8.2% | 1.93亿 | 1.78亿 | +7.9% |
| Common Stock, Shares, Outstanding | 1.78亿 | 1.63亿 | +8.9% | 1.77亿 | 1.63亿 | +8.7% |
| Common Stock, Value, Issued | $1.9万 | $1.8万 | +5.6% | $1.9万 | $1.8万 | +5.6% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | -$2050万 | -$3090万 | +33.6% | -$8570万 | -$6540万 | -31.0% |
| Contract with Customer, Liability | $1.26亿 | $1.25亿 | +1.2% | $1.58亿 | $1亿 | +58.2% |
| Contract with Customer, Liability, Current | $4550万 | $7990万 | -43.0% | $7430万 | $5690万 | +30.6% |
| Contract with Customer, Liability, Noncurrent | $8090万 | $4510万 | +79.5% | $8390万 | $4310万 | +94.5% |
| Contract with Customer, Liability, Revenue Recognized | $1650万 | $1990万 | -17.1% | $6690万 | $0 | – |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | $7230万 | $5040万 | +43.3% | $1.93亿 | $1.93亿 | +0.1% |
| Costs and Expenses | $1.58亿 | $1.01亿 | +56.1% | $4.25亿 | $3.73亿 | +13.8% |
| Current Federal Tax Expense (Benefit) | – | – | – | -$187万 | -$14.8万 | -1,166.2% |
| Current Income Tax Expense (Benefit) | – | – | – | -$151万 | -$14.8万 | -918.2% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
数据截至 2026-11-02