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.
View Metrics Details
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
Loading Price Chart...
Performance Comparison
Short-term Returns
| Stock | 1D | 1W | 1M | 3M | 6M | YTD |
|---|---|---|---|---|---|---|
| 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
| Stock | 1Y | 3Y | 5Y | 10Y | 15Y | 20Y |
|---|---|---|---|---|---|---|
| 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.
| Metric | MP | TMC |
|---|---|---|
| Market Information | ||
| Market Cap | $11.25B | $2.92B |
| Market Cap Category | Large cap | Mid cap |
| 10 Day Avg. Volume | 5,634,013 | 5,048,751 |
| 90 Day Avg. Volume | 5,550,161 | 5,924,050 |
| 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 Growth | 0.70% | N/A |
| Quarterly Earnings Growth | -0.14% | N/A |
| Financial Health | ||
| Profit Margin (TTM) | -0.31% | 0.00% |
| Operating Margin (TTM) | -0.01% | 0.00% |
| Return on Equity (TTM) | -0.05% | 9.56% |
| Debt to Equity (MRQ) | 43.25 | 0.00 |
| Cash & Liquidity | ||
| Book Value per Share (MRQ) | $11.16 | $-0.08 |
| Cash per Share (MRQ) | $10.30 | $0.27 |
| Operating Cash Flow (TTM) | $-155,755,008 | $-42,851,000 |
| Levered Free Cash Flow (TTM) | $-237,324,752 | $16.81M |
| Dividends | ||
| Last 12-Month Dividend Yield | N/A | N/A |
| Last 12-Month Dividend | N/A | N/A |
Valuation & Enterprise Metrics Analysis: Mp Materials Corp. vs TMC The Metals Co. Inc.
| Metric | MP (Apr 24, 2026) | TMC (Apr 24, 2026) |
|---|---|---|
| Price Ratios | ||
| P/E Ratio (TTM) | 770.50 | -6.11 |
| Forward P/E | 52.02 | -31.03 |
| PEG Ratio | -5.68 | -31.03 |
| Price to Sales (TTM) | 44.63 | N/A |
| Price to Book (MRQ) | 6.20 | N/A |
| Market Capitalization | ||
| Market Capitalization | $11.25B | $2.92B |
| Enterprise Value | $11.91B | $2.37B |
| Enterprise Value Metrics | ||
| Enterprise to Revenue | 43.24 | N/A |
| Enterprise to EBITDA | -329.01 | -16.94 |
| Risk & Other Metrics | ||
| Beta | 1.68 | 2.00 |
| Book Value per Share (MRQ) | $11.16 | $-0.08 |
Financial Statements Comparison: Mp Materials Corp. vs TMC The Metals Co. Inc.
Financial Metrics
Loading Financial Charts...
Revenue
Operating Margin
Profit Margin
Long Term Debt
Income Flow Analysis
Financial Statements Comparison
Income Statement
| Metric | MP (2025) | TMC (2025) |
|---|---|---|
| Revenue/Sales | 224.44M | 0 |
| Cost of Goods Sold | 282.06M | N/A |
| COGS % of Revenue | 125.7% | - |
| Gross Profit | -57.62M | N/A |
| Gross Margin | -25.7% | - |
| Research & Development | 24.21M | N/A |
| Operating Income (EBIT) | -145.09M | -140.05M |
| Operating Margin | -64.6% | - |
| EBITDA | 7.26M | -267.72M |
| EBITDA Margin | 3.2% | - |
| Pre-Tax Income | -117.77M | -319.70M |
| Pre-Tax Income % of Revenue | -52.5% | - |
| Income Tax | -31.90M | 144,000 |
| Income Tax % of Revenue | -14.2% | - |
| Net Income (Profit) | -85.87M | -319.84M |
| Profit Margin | -38.3% | - |
Balance Sheet & Liquidity Metrics
| Metric | MP (2025) | TMC (2025) |
|---|---|---|
| Cash & Equivalents | 1.17B | 117.63M |
| Total Current Assets | 2.17B | 120.68M |
| Total Current Assets % of Revenue | 965.0% | - |
| Total Current Liabilities | 299.05M | 59.40M |
| Total Current Liabilities % of Revenue | 133.2% | - |
| Long-Term Debt | 939.76M | N/A |
| Long-Term Debt % of Revenue | 418.7% | - |
| Total Shareholders Equity | 1.98B | -33.44M |
| Retained Earnings | 234.43M | -951.28M |
| Retained Earnings % of Revenue | 104.4% | - |
| Property, Plant & Equipment | 13.21M | 5.20M |
Cash Flow Statement Comparison
| Metric | MP (2025) | TMC (2025) |
|---|---|---|
| Operating Cash Flow | -126.11M | -91.21M |
| Operating Cash Flow % of Revenue | -56.2% | - |
| Capital Expenditures | -168.31M | -245,000 |
| Free Cash Flow | -328.13M | -43.10M |
| FCF Margin | -146.2% | - |
| Debt Repayment | -6.14M | -11.78M |
| Common Stock Repurchase | -31.10M | N/A |
Short Interest & Institutional Ownership Analysis
| Metric | MP | TMC |
|---|---|---|
| Shares Short | 25.72M | 29.52M |
| Short Ratio | 4.41 | 4.78 |
| Short % of Float | 15.85% | 10.77% |
| Shares Outstanding | 177.36M | 422.97M |
| Float Shares | 142.70M | 240.02M |
| % Held by Insiders | 19.75% | 47.28% |
| % Held by Institutions | 65.38% | 11.40% |
| % Held by Public | 14.87% | 41.32% |
Dividend Analysis & Yield Comparison: Mp Materials Corp. vs TMC The Metals Co. Inc.
| Metric | MP | TMC |
|---|---|---|
| Last 12-Month Dividend | N/A | N/A |
| Last 12-Month Dividend Yield | N/A | N/A |
| 3-Year Avg Annual Dividend | N/A | N/A |
| 3-Year Avg Dividend Yield | N/A | N/A |
| 3-Year Total Dividends | N/A | N/A |
| Ex-Dividend Date | N/A | N/A |