Mp Materials [MP] vs TMC The Metals [TMC] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 19 vital metrics comparison: Mp Materials Corp. wins in 8 metrics, TMC The Metals Co. Inc. wins in 6 metrics, with 1 ties. Mp Materials Corp. appears stronger overall.

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Vital Metrics Comparison

Metric Mp Materials Corp. TMC The Metals Co. Inc. Better
P/E Ratio (TTM) 770.50 -6.11 Mp Materials Corp.
Price-to-Book Ratio 6.20 N/A N/A
Debt-to-Equity Ratio 43.25 0.00 Tie
PEG Ratio -5.68 -31.03 Mp Materials Corp.
EV/EBITDA -329.01 -16.94 TMC The Metals Co. Inc.
Profit Margin (TTM) -31.18% 0.00% TMC The Metals Co. Inc.
Operating Margin (TTM) -0.92% 0.00% TMC The Metals Co. Inc.
Return on Equity -4.98% 956.39% TMC The Metals Co. Inc.
Return on Assets (TTM) -2.53% -71.56% Mp Materials Corp.
Free Cash Flow (TTM) $-328.13M $-43.10M TMC The Metals Co. Inc.
1-Year Return 88.38% 25.12% Mp Materials Corp.
Price-to-Sales Ratio (TTM) 44.63 N/A N/A
Enterprise Value $11.91B $2.37B Mp Materials Corp.
EV/Revenue Ratio 43.24 N/A N/A
Gross Profit Margin (TTM) -32.22% N/A N/A
Revenue per Share (TTM) $2 $0 Mp Materials Corp.
Earnings per Share (Diluted) $-0.50 $-0.83 Mp Materials Corp.
Beta (Stock Volatility) 1.68 2.00 Mp Materials Corp.
Short % of Float 15.85% 10.77% TMC The Metals Co. Inc.

Mp Materials Corp. vs TMC The Metals Co. Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Mp Materials Corp.1.23%1.18%-4.91%-1.85%9.39%5.99%
TMC The Metals Co. Inc.-1.66%4.50%-1.48%-12.32%-17.59%-21.24%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Mp Materials Corp.88.38%152.74%86.79%478.97%478.97%478.97%
TMC The Metals Co. Inc.25.12%296.35%-42.30%-42.30%-42.30%-42.30%

Performance & Financial Health Analysis: Mp Materials Corp. vs TMC The Metals Co. Inc.

MetricMPTMC
Market Information
Market Cap i$11.25B$2.92B
Market Cap CategoryLarge capMid cap
10 Day Avg. Volume i5,634,0135,048,751
90 Day Avg. Volume i5,550,1615,924,050
Last Close$58.26$5.34
52 Week Range$29.58 - $100.25$3.93 - $11.35
% from 52W High-41.89%-52.95%
All-Time High$97.00 (Oct 15, 2025)$15.39 (Sep 13, 2021)
% from All-Time High-39.94%-65.30%
Growth Metrics
Quarterly Revenue Growth0.70%N/A
Quarterly Earnings Growth-0.14%N/A
Financial Health
Profit Margin (TTM) i-0.31%0.00%
Operating Margin (TTM) i-0.01%0.00%
Return on Equity (TTM) i-0.05%9.56%
Debt to Equity (MRQ) i43.250.00
Cash & Liquidity
Book Value per Share (MRQ)$11.16$-0.08
Cash per Share (MRQ)$10.30$0.27
Operating Cash Flow (TTM) i$-155,755,008$-42,851,000
Levered Free Cash Flow (TTM) i$-237,324,752$16.81M
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend iN/AN/A

Valuation & Enterprise Metrics Analysis: Mp Materials Corp. vs TMC The Metals Co. Inc.

MetricMP (Apr 24, 2026)TMC (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i770.50-6.11
Forward P/E i52.02-31.03
PEG Ratio i-5.68-31.03
Price to Sales (TTM) i44.63N/A
Price to Book (MRQ) i6.20N/A
Market Capitalization
Market Capitalization i$11.25B$2.92B
Enterprise Value i$11.91B$2.37B
Enterprise Value Metrics
Enterprise to Revenue i43.24N/A
Enterprise to EBITDA i-329.01-16.94
Risk & Other Metrics
Beta i1.682.00
Book Value per Share (MRQ) i$11.16$-0.08

Financial Statements Comparison: Mp Materials Corp. vs TMC The Metals Co. Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricMP (2025)TMC (2025)
Revenue/Sales i224.44M0
Cost of Goods Sold i282.06MN/A
COGS % of Revenue i125.7%-
Gross Profit i-57.62MN/A
Gross Margin i-25.7%-
Research & Development i24.21MN/A
Operating Income (EBIT) i-145.09M-140.05M
Operating Margin i-64.6%-
EBITDA i7.26M-267.72M
EBITDA Margin i3.2%-
Pre-Tax Income i-117.77M-319.70M
Pre-Tax Income % of Revenue i-52.5%-
Income Tax i-31.90M144,000
Income Tax % of Revenue i-14.2%-
Net Income (Profit) i-85.87M-319.84M
Profit Margin i-38.3%-

Balance Sheet & Liquidity Metrics

MetricMP (2025)TMC (2025)
Cash & Equivalents i1.17B117.63M
Total Current Assets i2.17B120.68M
Total Current Assets % of Revenue i965.0%-
Total Current Liabilities i299.05M59.40M
Total Current Liabilities % of Revenue i133.2%-
Long-Term Debt i939.76MN/A
Long-Term Debt % of Revenue i418.7%-
Total Shareholders Equity i1.98B-33.44M
Retained Earnings i234.43M-951.28M
Retained Earnings % of Revenue i104.4%-
Property, Plant & Equipment i13.21M5.20M

Cash Flow Statement Comparison

MetricMP (2025)TMC (2025)
Operating Cash Flow i-126.11M-91.21M
Operating Cash Flow % of Revenue i-56.2%-
Capital Expenditures i-168.31M-245,000
Free Cash Flow i-328.13M-43.10M
FCF Margin i-146.2%-
Debt Repayment i-6.14M-11.78M
Common Stock Repurchase i-31.10MN/A

Short Interest & Institutional Ownership Analysis

MetricMPTMC
Shares Short i25.72M29.52M
Short Ratio i4.414.78
Short % of Float i15.85%10.77%
Shares Outstanding i177.36M422.97M
Float Shares i142.70M240.02M
% Held by Insiders i19.75%47.28%
% Held by Institutions i65.38%11.40%
% Held by Public i14.87%41.32%

Dividend Analysis & Yield Comparison: Mp Materials Corp. vs TMC The Metals Co. Inc.

MetricMPTMC
Last 12-Month Dividend iN/AN/A
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend iN/AN/A
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends iN/AN/A
Ex-Dividend DateN/AN/A