MP Materials Corp. / DE Annual Return On Assets in % from 2020 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
MP Materials Corp. / DE quarterly/annual Return On Assets history and growth rate from 2020 to 2023.
  • MP Materials Corp. / DE Return On Assets for the quarter ending September 30, 2024 was -2.54 %, a 154% decline year-over-year.
  • MP Materials Corp. / DE annual Return On Assets for 2023 was 1.05 %, a 92.2% decline from 2022.
  • MP Materials Corp. / DE annual Return On Assets for 2022 was 13.6 %, a 84.5% increase from 2021.
  • MP Materials Corp. / DE annual Return On Assets for 2021 was 7.36 %.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 1.05 -12.5 -92.2% Jan 1, 2023 Dec 31, 2023
2022 13.6 +6.22 +84.5% Jan 1, 2022 Dec 31, 2022
2021 7.36 +12.3 Jan 1, 2021 Dec 31, 2021
2020 -4.94 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.