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Taxonomy & unit
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us-gaap: USD
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Description
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The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
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Summary
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MP Materials Corp. / DE quarterly/annual Depreciation history and growth rate from 2019 to 2023.
- MP Materials Corp. / DE Depreciation for the quarter ending September 30, 2024 was $16M, a 14.8% increase year-over-year.
- MP Materials Corp. / DE Depreciation for the twelve months ending September 30, 2024 was $61.6M, a 102% increase year-over-year.
- MP Materials Corp. / DE annual Depreciation for 2023 was $44M, a 658% increase from 2022.
- MP Materials Corp. / DE annual Depreciation for 2022 was $5.81M, a 14.9% decline from 2021.
- MP Materials Corp. / DE annual Depreciation for 2021 was $6.83M, a 45.2% increase from 2020.
Depreciation, Trailing 12 Months (USD)
Depreciation, Annual (USD)
Depreciation, YoY Annual Growth (%)