MP Materials Corp. / DE vs Triple Flag Precious Metals
Triple Flag Precious Metals is the larger business, with $389m of revenue in fiscal 2025 against $224m for MP Materials Corp. / DE (1.7 times as much). Triple Flag Precious Metals grew faster (44.5% against 10.1%). Triple Flag Precious Metals kept more of each dollar of sales as profit: a net margin of 61.7% against -38.3%.
| Latest fiscal year | MP Materials Corp. / DEMP, 2025 | Triple Flag Precious MetalsTFPM, 2025 |
|---|---|---|
| Revenue | $224m | $389m |
| Revenue growth | 10.1% | 44.5% |
| Net income | −$85.9m | $240m |
| Operating margin | — | 56.8% |
| Net margin | -38.3% | 61.7% |
| Return on equity | -5.7% | 12.7% |
| Free cash flow | −$328m | — |
| Cash | $1.17bn | $71.3m |
| Total debt | $1.08bn | $0 |
| Debt to equity | — | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | 0.8% |
| Share buybacks | $0 | $9.0m |
| Employees | 300 | — |
| Market value | $6.68bn | $5.83bn |
| Price vs our value range | — | Below our value range |
| Moat score | 19 (Weak) | — |
| Insider trades, 12 months | 2 buys, 32 sales | 0 buys, 0 sales |