MP Materials
MP
#3843
Rank
$2.40 B
Marketcap
$14.53
Share price
6.37%
Change (1 day)
-45.23%
Change (1 year)

Operating Margin for MP Materials (MP)

Operating Margin as of March 2024 (TTM): 51.59%

According to MP Materials's latest financial reports and stock price the company's current Operating Margin is 51.59%. At the end of 2022 the company had an Operating Margin of 64.67%.

Operating Margin history for MP Materials from 2020 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
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.