MP MP Materials Corp. Common Stock
$57.48
Price · Aug 21, 2026
Fundamentals as of Aug 7, 2026
52W Range
$38–$100
32% of range
Analyst Rating
BUY
28 analysts
Price Target
$75
+31% upside
P/E (TTM)
-115.0
ROE
-5.8%
Net Profit Margin
-38.3%
MP Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$57.48
Market Cap
$10.19B
P/E (TTM)
-115.0
EPS (TTM)
$-0.50
Revenue (TTM)
$224M
Div Yield
—
ROE
-5.8%
Debt/Equity
0.5
52W Range
$38 – $100
MP Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
Configure
10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$224M
2019-12-31
→
2025-12-31
EPS
$-0.50
2019-12-31
→
2025-12-31
Free Cash Flow
$-328M
2020-12-31
→
2025-12-31
Margins
-38.3%
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
MP
Peer Median
P/E (TTM)
-115.0
111.0
P/S (TTM)
45.4
13.4
P/B
5.2
3.6
EV / EBITDA
-166.8
—
Price / FCF
-31.1
—
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
MP
Peer Median
Operating Margin
-66.5%
—
Net Profit Margin
-38.3%
-10.0%
ROA
-2.8%
-15.1%
ROE
-5.8%
-9.8%
ROIC
-3.7%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
MP
Peer Median
Debt / Equity
0.5
0.0
Current Ratio
7.2
3.0
Quick Ratio
3.9
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
MP
Peer Median
Revenue YoY
10.1%
—
Revenue CAGR 3Y
-24.8%
—
Revenue CAGR 5Y
10.8%
—
EPS YoY
-90.8%
—
Net Income YoY
-91.6%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
MP
Peer Median
MP Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
28 analysts
- Strong Buy 9 32.1%
- Buy 18 64.3%
- Hold 1 3.6%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
16 analysts · 2026-08-20
Median
$75.00
← Below all targets
$57.48
Low
$58.00
High
$100.00
Median target
$75.00
+30.5%
Mean target
$75.38
+31.1%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.05%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $-0.01 | $-0.00 | -0.01% |
| March 31, 2026 | $0.03 | $-0.00 | 0.03% |
| Dec. 31, 2025 | $0.09 | $0.00 | 0.09% |
| Sept. 30, 2025 | $-0.10 | $-0.18 | 0.08% |
| June 30, 2025 | $-0.13 | $-0.20 | 0.07% |
| March 31, 2025 | $-0.12 | $-0.13 | 0.01% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| MP | $8.96B | -101.0 | 10.1% | -38.3% | -5.8% | — |
| ALM | — | — | — | — | — | — |
| MTRN | $2.58B | 34.7 | 6.0% | 4.2% | 8.1% | 17.3% |
| USAR | $1.76B | -3.6 | — | -18110.7% | -164.2% | 11.9% |
| SSMR | — | — | — | — | — | — |
| EMAT | — | — | — | — | 14.9% | — |
| CMP | — | -6.9 | 11.3% | -6.4% | -33.9% | 15.3% |
| CRML | — | — | — | — | — | — |
| UAMY | $703M | -125.5 | 162.8% | -11.1% | -4.9% | 25.1% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $224M | $204M | $253M | $528M | $332M | $134M | $73M | |
| SG&A Expense | $112M | $83M | $79M | $76M | $57M | $27M | $11M | |
| Operating Expenses | $425M | $373M | $271M | $200M | $167M | $169M | $81M | |
| Operating Income | $-149M | $-169M | $-18M | $327M | $165M | $-35M | $-8M | |
| Interest Expense | · | · | $5M | $6M | $9M | $5M | $3M | |
| Other Non-op | $63M | $46M | $56M | $20M | $4M | $251.0K | $4M | |
| Pretax Income | $-118M | $-93M | $33M | $341M | $160M | $-39M | $-7M | |
| Income Tax | $-32M | $-28M | $9M | $52M | $25M | $-18M | $1.0K | |
| Net Income | $-86M | $-65M | $24M | $289M | $135M | $-22M | $-7M | |
| EPS (Basic) | $-0.50 | $-0.39 | $0.14 | $1.64 | $0.78 | $-0.27 | $-0.10 | |
| EPS (Diluted) | $-0.50 | $-0.57 | $0.14 | $1.52 | $0.73 | $-0.27 | $-0.10 | |
| Shares (Basic) | 170,126,753 | 166,840,611 | 177,181,661 | 176,519,203 | 173,469,546 | 79,690,821 | 66,556,975 | |
| Shares (Diluted) | 170,126,753 | 169,882,640 | 178,152,212 | 193,453,087 | 189,844,028 | 79,690,821 | 66,556,975 | |
| EBITDA | $-60M | $-91M | $38M | $346M | $190M | $-28M | · |
Balance Sheet 28
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.17B | $282M | $263M | $137M | $1.18B | $520M | $3M | |
| Receivables | $15M | $19M | $10M | $33M | $51M | $4M | $370.0K | |
| Inventory | $172M | $108M | $95M | $58M | $39M | $32M | $23M | |
| Prepaid Expense | $17M | $10M | $8M | $21M | $8M | $6M | $1M | |
| Current Assets | $2.17B | $1.03B | $1.13B | $1.29B | $1.28B | $561M | $27M | |
| PP&E (Net) | $1.37B | $1.25B | $1.16B | $936M | $611M | $502M | $46M | |
| PP&E (Gross) | $1.64B | $1.44B | $1.27B | $994M | $650M | $517M | $54M | |
| Accum. Depreciation | $273M | $192M | $115M | $59M | $40M | $15M | $8M | |
| Intangibles | $6M | $7M | $9M | $89.0K | · | · | · | |
| Other Non-current Assets | $38M | $32M | $15M | $2M | $2M | $1M | $622.0K | |
| Total Assets | $3.86B | $2.33B | $2.34B | $2.24B | $1.89B | $1.07B | $102M | |
| Accounts Payable | $37M | $24M | $28M | $15M | $36M | $16M | $12M | |
| Accrued Liabilities | $95M | $65M | $74M | $57M | · | · | · | |
| Current Liabilities | $299M | $164M | $109M | $97M | $60M | $43M | $31M | |
| Capital Leases | $8M | $6M | $7M | $15.0K | $0 | $357.0K | $351.0K | |
| Deferred Tax | $52M | $85M | $131M | $122M | $104M | $87M | $0 | |
| Other Non-current Liabilities | $57M | $32M | $25M | $5M | $8M | $2M | $5M | |
| Total Liabilities | $1.47B | $1.28B | $971M | $925M | $881M | $220M | $120M | |
| Long-term Debt | $999M | $909M | · | $678M | $675M | $3M | · | |
| Total Debt | $999M | $909M | $682M | $678M | $675M | · | · | |
| Common Stock | $19.0K | $18.0K | $17.0K | $18.0K | $18.0K | $17.0K | $7.0K | |
| Paid-in Capital | $1.97B | $961M | $980M | $951M | $936M | $916M | $23M | |
| Retained Earnings | $234M | $320M | $386M | $361M | $72M | $-63M | $-41M | |
| Treasury Stock | $227M | $227M | $0 | · | · | · | · | |
| AOCI | $387.0K | $173.0K | $145.0K | $189.0K | $0 | · | · | |
| Stockholders' Equity | $1.98B | $1.05B | $1.37B | $1.31B | $1.01B | $854M | $-18M | |
| Liabilities + Equity | $3.86B | $2.33B | $2.34B | $2.24B | $1.89B | $1.07B | $102M | |
| Shares Outstanding | 177,357,647 | 163,195,788 | 178,082,383 | 177,706,608 | 177,816,554 | 170,719,979 | 66,556,975 |
Cash Flow 18
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| D&A | $89M | $78M | $56M | $18M | $24M | $7M | $5M | |
| Stock-based Comp | $30M | $23M | $25M | $32M | $23M | $5M | $0 | |
| Deferred Tax | $-30M | $-28M | $8M | $18M | $17M | $-18M | $0 | |
| Amort. of Intangibles | $1M | $1M | $400.0K | $0 | $0 | · | · | |
| Other Non-cash | $-159M | $5M | $-51M | $-13M | $-98M | $31M | · | |
| Operating Cash Flow | $-156M | $13M | $63M | $344M | $102M | $3M | $-437.0K | |
| CapEx | $172M | $186M | $262M | $327M | $124M | $22M | $2M | |
| Investing Cash Flow | $-206M | $10M | $69M | $-1.36B | $-119M | $-22M | $6M | |
| Debt Issued | $62M | $748M | $0 | $0 | · | · | · | |
| Net Debt Issued | $62M | $748M | · | · | · | · | · | |
| Stock Issued | $748M | $0 | $0 | · | · | · | · | |
| Stock Repurchased | $0 | $225M | $0 | $0 | · | · | · | |
| Net Stock Activity | $748M | $-225M | · | · | · | · | · | |
| Financing Cash Flow | $1.25B | $-5M | $-10M | $-24M | $666M | $522M | $-4M | |
| Net Change in Cash | $884M | $19M | $121M | $-1.04B | $649M | $503M | $1M | |
| Taxes Paid | · | · | $20M | $19M | $4M | $255.0K | $1.0K | |
| Free Cash Flow | $-328M | $-173M | $-199M | $17M | $-22M | $-19M | · | |
| Levered FCF | · | · | $-203M | $12M | $-29M | $-22M | · |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -66.5% | -83.1% | -7.0% | 62.1% | 49.8% | -25.8% | · | |
| Net Margin | -38.3% | -32.1% | 9.6% | 54.8% | 40.7% | -16.2% | · | |
| Pretax Margin | -52.5% | -45.8% | 13.1% | 64.7% | 48.3% | -29.4% | · | |
| EBITDA Margin | -26.8% | -44.8% | 15.0% | 65.5% | 57.1% | -20.7% | · | |
| ROA | -2.8% | -2.8% | 1.1% | 14.0% | 9.1% | -3.7% | · | |
| ROE | -5.8% | -6.2% | 1.8% | 22.6% | 13.8% | -5.2% | · | |
| ROIC | -3.7% | -6.0% | -0.64% | 13.9% | 8.3% | -2.2% | · |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 7.2 | 6.3 | 10.4 | 13.3 | 21.4 | 13.0 | · | |
| Quick Ratio | 3.9 | 1.8 | 2.5 | 1.7 | 20.7 | 12.2 | · | |
| Debt / Equity | 0.5 | 0.9 | 0.5 | 0.5 | 0.7 | · | · | |
| LT Debt / Equity | 0.5 | 0.9 | 0.5 | 0.5 | 0.7 | · | · | |
| Interest Coverage | · | · | -3.4 | 56.6 | 18.6 | -6.9 | · |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | 0.1 | 0.3 | 0.2 | 0.2 | · | |
| Receivables Turnover | 13.5 | 14.1 | 11.8 | 12.6 | 12.2 | 67.9 | · |
Growth Rates 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 10.1% | -19.6% | -51.9% | 58.9% | 147.2% | · | · | |
| Revenue CAGR 3Y | -24.8% | -15.0% | 23.6% | · | · | · | · | |
| Revenue CAGR 5Y | 10.8% | · | · | · | · | · | · | |
| EPS YoY | · | · | -90.8% | 108.2% | · | · | · | |
| Net Income YoY | · | · | -91.6% | 114.0% | · | · | · |
Valuation (TTM) 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $224M | $204M | $253M | $528M | $332M | $134M | · | |
| Net Income TTM | $-86M | $-65M | $24M | $289M | $135M | $-22M | · | |
| Market Cap | $8.96B | $2.55B | $3.53B | $4.31B | $8.08B | $5.49B | · | |
| Enterprise Value | $8.79B | $3.17B | $3.95B | $4.86B | $7.57B | · | · | |
| P/E | -101.0 | -27.4 | 141.8 | 16.0 | 62.2 | -119.1 | · | |
| P/S | 39.9 | 12.5 | 13.9 | 8.2 | 24.3 | 40.9 | · | |
| P/B | 4.5 | 2.4 | 2.6 | 3.3 | 8.0 | 6.4 | · | |
| P / Tangible Book | 4.5 | 2.4 | 2.6 | 3.3 | 8.0 | 6.4 | · | |
| P / Cash Flow | -57.5 | 190.7 | 56.4 | 12.6 | 79.2 | 1675.9 | · | |
| P / FCF | -27.3 | -14.7 | -17.7 | 255.0 | -368.8 | -287.6 | · | |
| EV / EBITDA | -146.3 | -34.7 | 104.1 | 14.0 | 39.9 | · | · | |
| EV / FCF | -26.8 | -18.3 | -19.8 | 287.0 | -345.8 | · | · | |
| EV / Revenue | 39.2 | 15.6 | 15.6 | 9.2 | 22.8 | · | · | |
| Earnings Yield | -0.99% | -3.6% | 0.71% | 6.3% | 1.6% | -0.84% | · |
Income Statement 13
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $108M | $91M | $53M | $54M | $57M | $61M | $61M | $63M | $31M | $49M | $41M | $53M | $64M | $96M | $93M | $124M | |
| SG&A Expense | $35M | $34M | $32M | $28M | $27M | $24M | $19M | $22M | $21M | $21M | $21M | $20M | $19M | $19M | $20M | $18M | |
| Operating Expenses | $158M | $157M | $107M | $121M | $101M | $96M | $105M | $102M | $85M | $81M | $75M | $70M | $64M | $63M | $56M | $45M | |
| Operating Income | $-32M | $-24M | $-4M | $-67M | $-44M | $-35M | $-44M | $-40M | $-53M | $-32M | $-34M | $-18M | $483.0K | $33M | $37M | $79M | |
| Other Non-op | $12M | $20M | $24M | $17M | $7M | $15M | $10M | $11M | $12M | $13M | $14M | $14M | $14M | $14M | $11M | $6M | |
| Pretax Income | $-29M | $-14M | $11M | $-58M | $-43M | $-27M | $-34M | $-35M | $-48M | $24M | $-21M | $-4M | $13M | $45M | $47M | $84M | |
| Income Tax | $-9M | $-6M | $1M | $-17M | $-12M | $-5M | $-12M | $-9M | $-14M | $7M | $-4M | $-200.0K | $6M | $8M | $-20M | $21M | |
| Net Income | $-20M | $-8M | $9M | $-42M | $-31M | $-23M | $-22M | $-26M | $-34M | $16M | $-16M | $-4M | $7M | $37M | $67M | $63M | |
| EPS (Basic) | $-0.11 | $-0.04 | $0.07 | $-0.24 | $-0.19 | $-0.14 | $-0.11 | $-0.16 | $-0.21 | $0.09 | $-0.09 | $-0.02 | $0.04 | $0.21 | $0.37 | $0.36 | |
| EPS (Diluted) | $-0.11 | $-0.04 | $0.07 | $-0.24 | $-0.19 | $-0.14 | $-0.12 | $-0.16 | $-0.21 | $-0.08 | $-0.08 | $-0.02 | $0.04 | $0.20 | $0.36 | $0.33 | |
| Shares (Basic) | 178,409,085 | 178,019,549 | -332,506,572 | 175,034,287 | 163,834,693 | 163,764,345 | -337,210,098 | 164,149,348 | 165,344,511 | 174,556,850 | -353,916,696 | 177,231,717 | 176,984,917 | 176,881,723 | -352,907,557 | 176,543,624 | |
| Shares (Diluted) | 178,409,085 | 178,019,549 | -332,506,572 | 175,034,287 | 163,834,693 | 163,764,345 | -346,403,045 | 164,149,348 | 165,344,511 | 186,791,826 | -370,552,162 | 177,231,717 | 177,859,118 | 193,613,539 | -386,861,663 | 193,409,857 | |
| EBITDA | $3M | $8M | · | $-45M | $-23M | $-13M | · | $-20M | $-35M | $-14M | · | $-785.0K | $13M | $41M | · | $81M |
Balance Sheet 28
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $429M | $886M | $1.17B | $1.15B | $262M | $198M | $282M | $284M | $296M | $296M | $263M | $548M | $927M | $651M | $137M | $428M | |
| Receivables | $40M | $47M | $15M | $15M | $22M | $70M | $19M | $15M | $8M | $22M | · | $13M | $11M | $21M | · | · | |
| Inventory | $173M | $169M | $172M | $144M | $128M | $133M | $108M | $117M | $115M | $109M | · | $77M | $68M | $62M | · | $62M | |
| Prepaid Expense | $23M | $20M | $17M | $15M | $14M | $18M | $10M | $12M | $10M | $10M | · | $9M | $13M | $14M | · | $11M | |
| Current Assets | $1.75B | $2.05B | $2.17B | $2.17B | $960M | $1.02B | $1.03B | $1.02B | $1.09B | $1.11B | · | $1.19B | $1.22B | $1.27B | · | $1.36B | |
| PP&E (Net) | $1.61B | $1.43B | $1.37B | $1.31B | $1.29B | $1.28B | $1.25B | $1.23B | $1.22B | $1.20B | · | $1.10B | $1.04B | $1.00B | · | $830M | |
| PP&E (Gross) | $1.93B | $1.73B | $1.64B | $1.56B | $1.52B | $1.49B | $1.44B | $1.40B | $1.37B | $1.33B | · | $1.19B | $1.12B | $1.07B | · | $884M | |
| Accum. Depreciation | $324M | $298M | $273M | $250M | $227M | $209M | $192M | $171M | $152M | $133M | · | $96M | $79M | $67M | · | $54M | |
| Intangibles | · | · | $6M | $6M | $7M | $7M | $7M | $8M | $8M | $9M | · | $9M | · | · | · | · | |
| Other Non-current Assets | $79M | $64M | $38M | $34M | $25M | $29M | $32M | $7M | $13M | $9M | · | $4M | $3M | $5M | · | $2M | |
| Total Assets | $3.73B | $3.84B | $3.86B | $3.80B | $2.34B | $2.37B | $2.33B | $2.30B | $2.36B | $2.35B | · | $2.32B | $2.29B | $2.28B | · | $2.19B | |
| Accounts Payable | $46M | $33M | $37M | $25M | $22M | $21M | $24M | $22M | $20M | $26M | · | $92M | $72M | $69M | · | $70M | |
| Accrued Liabilities | $60M | $99M | $95M | $78M | $74M | $69M | $65M | $66M | $75M | $74M | · | · | · | · | · | · | |
| Current Liabilities | $184M | $285M | $299M | $270M | $267M | $248M | $164M | $147M | $158M | $108M | · | $97M | $76M | $94M | · | $75M | |
| Capital Leases | $14M | $14M | $8M | $9M | $6M | $6M | $6M | $6M | $6M | $7M | · | $7M | $7M | · | · | · | |
| Deferred Tax | $27M | $35M | $52M | $56M | $67M | $81M | $85M | $99M | $108M | $122M | · | $135M | $136M | $130M | · | $167M | |
| Other Non-current Liabilities | $68M | $67M | $57M | $58M | $49M | $38M | $32M | $5M | $6M | $4M | · | $4M | $4M | $4M | · | $6M | |
| Total Liabilities | $1.36B | $1.46B | $1.47B | $1.42B | $1.33B | $1.33B | $1.28B | $1.24B | $1.26B | $1.22B | · | $946M | $925M | $929M | · | $947M | |
| Long-term Debt | $935M | $1.00B | $999M | $997M | $911M | $910M | $909M | · | · | · | · | $681M | $680M | $679M | · | $678M | |
| Total Debt | $935M | $1.00B | · | $997M | $911M | $910M | · | $938M | $937M | $936M | · | $681M | $680M | $679M | · | $678M | |
| Common Stock | $19.0K | $19.0K | $19.0K | $19.0K | $18.0K | $18.0K | $18.0K | $18.0K | $18.0K | $18.0K | · | $17.0K | $17.0K | $17.0K | · | $18.0K | |
| Paid-in Capital | $1.98B | $1.97B | $1.97B | $1.97B | $971M | $965M | $961M | $949M | $944M | $938M | · | $974M | $959M | $953M | · | $948M | |
| Retained Earnings | $206M | $226M | $234M | $225M | $267M | $298M | $320M | $343M | $368M | $402M | · | $402M | $406M | $399M | · | $294M | |
| Treasury Stock | $227M | $227M | $227M | $227M | $227M | $227M | $227M | $227M | $203M | $203M | · | · | · | · | · | · | |
| AOCI | $-258.0K | $-42.0K | $387.0K | $298.0K | $-26.0K | $-1.0K | $173.0K | $296.0K | $-90.0K | $-130.0K | · | $-32.0K | $-166.0K | $131.0K | · | $-97.0K | |
| Stockholders' Equity | $1.96B | $1.97B | $1.98B | $1.96B | $1.01B | $1.04B | $1.05B | $1.06B | $1.11B | $1.14B | $1.37B | $1.38B | $1.36B | $1.35B | $1.31B | $1.24B | |
| Liabilities + Equity | $3.73B | $3.84B | $3.86B | $3.80B | $2.34B | $2.37B | $2.33B | $2.30B | $2.36B | $2.35B | · | $2.32B | $2.29B | $2.28B | · | $2.19B | |
| Shares Outstanding | 178,051,276 | 177,669,668 | 177,357,647 | 177,211,227 | 163,465,706 | 163,445,597 | 163,195,788 | 163,189,704 | 165,331,382 | 165,307,107 | · | 177,802,600 | 177,626,668 | 177,619,805 | · | 177,534,638 |
Cash Flow 16
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $35M | $32M | $25M | $22M | $21M | $21M | $22M | $19M | $18M | $18M | $19M | $17M | $12M | $8M | $6M | $2M | |
| Stock-based Comp | $11M | $13M | $10M | $8M | $6M | $7M | $5M | $5M | $6M | $7M | $6M | $6M | $6M | $7M | $7M | $8M | |
| Amort. of Intangibles | · | · | $300.0K | $300.0K | $300.0K | $300.0K | $300.0K | $300.0K | $300.0K | $300.0K | $300.0K | $100.0K | $0 | $0 | $0 | $0 | |
| Other Non-cash | · | $-39M | · | · | · | $-69M | · | · | · | $-83M | · | · | · | $3M | · | · | |
| Operating Cash Flow | $7M | $-2M | $-47M | $-42M | $-4M | $-63M | $30M | $-7M | $31M | $-41M | $-14M | $11M | $10M | $55M | $29M | $95M | |
| CapEx | $230M | $77M | $62M | $50M | $29M | $30M | $42M | $46M | $46M | $52M | $73M | $59M | $56M | $74M | $112M | $92M | |
| Investing Cash Flow | $-395M | $-260M | $73M | $-333M | $70M | $-16M | $-22M | $21M | $-30M | $41M | $-269M | $-390M | $266M | $462M | $-315M | $-325M | |
| Debt Issued | · | · | $0 | $62M | $0 | $0 | $0 | $0 | $0 | $748M | $0 | $0 | $0 | $0 | · | · | |
| Net Debt Issued | · | · | · | · | · | $0 | · | · | · | $748M | · | · | · | · | · | · | |
| Stock Issued | · | · | $0 | · | · | · | $0 | · | · | · | · | · | · | · | · | · | |
| Stock Repurchased | · | · | $0 | $0 | $0 | $0 | $0 | $24M | $0 | $201M | $0 | $0 | $0 | $0 | · | · | |
| Net Stock Activity | · | · | · | · | · | $0 | · | $-24M | · | $-201M | · | · | · | · | · | · | |
| Financing Cash Flow | $-69M | $-19M | $-7M | $1.26B | $-3M | $-5M | $-11M | $-25M | $-2M | $33M | $-1M | $-978.0K | $-777.0K | $-7M | $-5M | $-651.0K | |
| Net Change in Cash | $-457M | $-280M | $19M | $885M | $63M | $-84M | $-2M | $-11M | $-456.0K | $33M | $-284M | $-380M | $275M | $511M | $-291M | $-231M | |
| Taxes Paid | · | · | · | · | · | · | · | $0 | · | · | · | $0 | $23M | $0 | · | $206.0K | |
| Free Cash Flow | · | $-79M | · | · | · | $-94M | · | · | · | $-93M | · | · | · | $-19M | · | · |
Profitability 7
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | -29.5% | -26.6% | · | -125.2% | -76.5% | -57.2% | · | -62.8% | -171.1% | -66.6% | · | -33.4% | 0.75% | 34.4% | · | 63.6% | |
| Net Margin | -18.7% | -8.8% | · | -78.0% | -53.8% | -37.2% | · | -40.6% | -108.9% | 33.9% | · | -8.1% | 11.6% | 39.1% | · | 50.8% | |
| Pretax Margin | -27.0% | -15.0% | · | -109.1% | -74.4% | -44.7% | · | -55.4% | -154.1% | 48.5% | · | -8.5% | 20.2% | 47.3% | · | 67.6% | |
| EBITDA Margin | 3.1% | 8.8% | · | -83.1% | -40.3% | -22.0% | · | -32.1% | -112.9% | -28.8% | · | -1.5% | 19.8% | 42.9% | · | 65.3% | |
| ROA | -0.67% | -0.26% | · | -1.4% | -1.3% | -0.96% | · | -1.1% | -1.5% | 0.71% | · | -0.19% | 0.34% | 1.8% | · | 3.1% | |
| ROE | -1.4% | -0.53% | · | -2.8% | -2.9% | -2.1% | · | -2.1% | -2.8% | 1.3% | · | -0.33% | 0.58% | 3.1% | · | 5.8% | |
| ROIC | -0.77% | -0.47% | · | -1.6% | -1.7% | -1.5% | · | -1.5% | -1.8% | -1.1% | · | -0.81% | 0.01% | 1.3% | · | 3.1% |
Liquidity & Solvency 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 9.5 | 7.2 | · | 8.0 | 3.6 | 4.1 | · | 6.9 | 6.9 | 10.3 | · | 12.2 | 16.2 | 13.5 | · | 18.2 | |
| Quick Ratio | 2.6 | 3.3 | · | 4.3 | 1.1 | 1.1 | · | 2.0 | 1.9 | 3.0 | · | 5.8 | 12.4 | 7.2 | · | 5.7 | |
| Debt / Equity | 0.5 | 0.5 | · | 0.5 | 0.9 | 0.9 | · | 0.9 | 0.8 | 0.8 | · | 0.5 | 0.5 | 0.5 | · | 0.5 | |
| LT Debt / Equity | 0.5 | 0.5 | · | 0.5 | 0.8 | 0.8 | · | 0.9 | 0.8 | 0.8 | · | 0.5 | 0.5 | 0.5 | · | 0.5 |
Efficiency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.1 | |
| Receivables Turnover | 3.5 | 1.5 | · | 3.7 | 3.8 | 1.3 | · | 4.5 | 3.2 | 2.3 | · | 8.0 | 11.5 | 9.0 | · | · |
Valuation (TTM) 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $310M | $262M | · | $235M | $212M | $204M | · | $195M | $196M | $261M | · | $337M | $428M | $530M | · | $534M | |
| Net Income TTM | $-101M | $-103M | · | $-121M | $-113M | $-66M | · | $-47M | $-14M | $57M | · | $104M | $181M | $259M | · | $265M | |
| Market Cap | $9.97B | $8.57B | · | $11.89B | $5.44B | $3.99B | · | $2.88B | $2.10B | $2.36B | · | $3.40B | $4.06B | $5.01B | · | $4.85B | |
| Enterprise Value | $10.48B | $8.69B | · | $11.74B | $6.09B | $4.70B | · | $3.53B | $2.75B | $3.00B | · | $3.53B | $3.82B | $5.04B | · | $5.10B | |
| P/E | -96.6 | -79.1 | · | -91.9 | -47.5 | -41.4 | · | -37.6 | -47.1 | 102.1 | · | 34.7 | 24.1 | 20.7 | · | 19.6 | |
| P/S | 32.2 | 32.7 | · | 50.6 | 25.6 | 19.6 | · | 14.7 | 10.7 | 9.1 | · | 10.1 | 9.5 | 9.4 | · | 9.1 | |
| P/B | 5.1 | 4.4 | · | 6.0 | 5.4 | 3.9 | · | 2.7 | 1.9 | 2.1 | · | 2.5 | 3.0 | 3.7 | · | 3.9 | |
| P / Tangible Book | 5.1 | 4.4 | · | 6.1 | 5.4 | 3.9 | · | 2.7 | 1.9 | 2.1 | · | 2.5 | 3.0 | 3.7 | · | 3.9 | |
| P / Cash Flow | · | -4491.5 | · | · | · | -63.1 | · | · | · | -57.5 | · | · | · | 90.2 | · | · | |
| P / FCF | · | -108.1 | · | · | · | -42.6 | · | · | · | -25.4 | · | · | · | -263.9 | · | · | |
| EV / EBITDA | 3127.8 | 1084.0 | · | -263.6 | -263.5 | -351.0 | · | -175.0 | -77.8 | -213.8 | · | -4496.1 | 300.9 | 122.6 | · | 62.7 | |
| EV / FCF | · | -109.6 | · | · | · | -50.2 | · | · | · | -32.3 | · | · | · | -265.4 | · | · | |
| EV / Revenue | 33.8 | 33.1 | · | 50.0 | 28.7 | 23.1 | · | 18.1 | 14.0 | 11.5 | · | 10.5 | 8.9 | 9.5 | · | 9.5 | |
| Earnings Yield | -1.0% | -1.3% | · | -1.1% | -2.1% | -2.4% | · | -2.7% | -2.1% | 0.98% | · | 2.9% | 4.2% | 4.8% | · | 5.1% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $224M | $204M | $253M | $528M | $332M |
| Operating Margin % | -66.5% | -83.1% | -7.0% | 62.1% | 49.8% |
| Net Income | $-86M | $-65M | $24M | $289M | $135M |
| Diluted EPS | $-0.50 | $-0.57 | $0.14 | $1.52 | $0.73 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.5 | 0.9 | 0.5 | 0.5 | 0.7 |
| Current Ratio | 7.2 | 6.3 | 10.4 | 13.3 | 21.4 |
| Quick Ratio | 3.9 | 1.8 | 2.5 | 1.7 | 20.7 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $-328M | $-173M | $-199M | $17M | $-22M |
Latest News Recent headlines mentioning this company
- Labour MP suing Elon Musk’s xAI says chatbot added own fake abusive content
- South East Water hosepipe ban to affect 2.4 million people
- Green MP Hannah Spencer to introduce bill on maximum workplace temperatures
- Is MP Materials Corp. (MP) Among the Most Promising EV Stocks to Buy According to Analysts?
- Forget MP Materials. This Established "Picks and Shovels" Mining Giant Is the Safer Way to Play the Metals Supercycle.
- Burnham says there is some room for movement on tax
- MP Materials' Lawsuit Against USA Rare Earth Highlights Battle For America's Future In Minerals
- New claimants seek to sue Elon Musk’s xAI after Labour MP’s test case
- ‘It is unsustainable’: Reform’s billionaire donors inspire panic in Westminster
- Nationwide pressed to address ‘emerging governance issues’ as AGM looms
My Metrics Your personal watchlist — selected rows from Full Fundamentals
📊
Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Institutional owners (13F) 855 filers · $9.2B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 136 (-4 vs prior Q) | 75 (-35 vs prior Q) | 275 (-11 vs prior Q) | 233 (+32 vs prior Q) | +11.6M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| UBS Group AG | $1,906,808,249 | 34,044,068 | 20.82% | Call option |
| Hancock Prospecting Pty Ltd | $832,376,484 | 14,861,212 | 9.09% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $479,115,141 | 8,554,100 | 5.23% | Call option |
| STATE STREET CORP | $435,407,513 | 7,773,746 | 4.75% | Shares |
| JANE STREET GROUP, LLC | $407,646,381 | 7,278,100 | 4.45% | Put option |
| VANGUARD CAPITAL MANAGEMENT LLC | $388,505,748 | 6,936,364 | 4.24% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $382,165,640 | 6,823,168 | 4.17% | Shares |
| D. E. Shaw & Co., Inc. | $272,765,451 | 4,869,942 | 2.98% | Shares |
| COOPERMAN LEON G | $168,030,000 | 3,000,000 | 1.83% | Shares |
| CITADEL ADVISORS LLC | $164,669,400 | 2,940,000 | 1.80% | Call option |
| VAN ECK ASSOCIATES CORP | $161,633,882 | 2,885,804 | 1.76% | Shares |
| REAVES W H & CO INC | $146,009,332 | 2,606,844 | 1.59% | Shares |
| JANE STREET GROUP, LLC | $122,919,546 | 2,194,600 | 1.34% | Call option |
| DIMENSIONAL FUND ADVISORS LP | $113,340,884 | 2,023,584 | 1.24% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $112,730,917 | 2,012,060 | 1.23% | Shares |
| CAXTON ASSOCIATES LLP | $111,566,263 | 1,991,899 | 1.22% | Shares |
| Caption Management, LLC | $111,179,850 | 1,985,000 | 1.21% | Call option |
| NORGES BANK | $108,355,546 | 1,934,575 | 1.18% | Shares |
| CITADEL ADVISORS LLC | $98,045,505 | 1,750,500 | 1.07% | Put option |
| HSBC HOLDINGS PLC | $83,878,914 | 1,507,800 | 0.92% | Call option |
| D. E. Shaw & Co., Inc. | $78,374,793 | 1,399,300 | 0.86% | Call option |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $69,811,088 | 1,246,404 | 0.76% | Shares |
| PEAK6 LLC | $68,393,811 | 1,221,100 | 0.75% | Put option |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $64,361,091 | 1,149,100 | 0.70% | Put option |
| Driehaus Capital Management LLC | $64,316,227 | 1,148,299 | 0.70% | Shares |
| WOLVERINE TRADING, LLC | $59,275,692 | 869,400 | 0.65% | Call option |
| Walleye Trading LLC | $50,437,005 | 900,500 | 0.55% | Call option |
| VANGUARD FIDUCIARY TRUST CO | $49,160,369 | 877,707 | 0.54% | Shares |
| WOLVERINE TRADING, LLC | $44,371,544 | 650,800 | 0.48% | Put option |
| GOLDMAN SACHS GROUP INC | $41,230,529 | 736,128 | 0.45% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $39,123,153 | 698,503 | 0.43% | Shares |
| BARCLAYS PLC | $36,406,500 | 650,000 | 0.40% | Call option |
| Walleye Trading LLC | $33,695,616 | 601,600 | 0.37% | Put option |
| AMERICAN CENTURY COMPANIES INC | $33,297,945 | 594,500 | 0.36% | Shares |
| ALLIANCEBERNSTEIN L.P. | $33,061,671 | 685,074 | 0.36% | Shares |
| D. E. Shaw & Co., Inc. | $32,928,279 | 587,900 | 0.36% | Put option |
| RAYMOND JAMES FINANCIAL INC | $32,609,806 | 582,214 | 0.36% | Shares |
| ALPS ADVISORS INC | $32,265,233 | 576,062 | 0.35% | Shares |
| FIRST TRUST ADVISORS LP | $32,092,833 | 572,984 | 0.35% | Shares |
| Cubist Systematic Strategies, LLC | $29,557,749 | 440,700 | 0.32% | Call option |
| BANK OF NOVA SCOTIA | $28,339,944 | 505,980 | 0.31% | Shares |
| Rokos Capital Management LLP | $26,753,898 | 477,535 | 0.29% | Shares |
| BANK OF AMERICA CORP /DE/ | $25,814,561 | 460,892 | 0.28% | Shares |
| BAMCO INC /NY/ | $25,499,001 | 455,258 | 0.28% | Shares |
| Bridgewater Associates, LP | $24,997,823 | 446,310 | 0.27% | Shares |
| LPL Financial LLC | $22,902,820 | 408,906 | 0.25% | Shares |
| Banque Transatlantique SA | $22,670,701 | 404,590 | 0.25% | Shares |
| US BANCORP \DE\ | $22,386,077 | 399,680 | 0.24% | Shares |
| UBS Group AG | $21,177,381 | 378,100 | 0.23% | Put option |
| PINNACLE ASSOCIATES LTD | $19,764,193 | 352,869 | 0.22% | Shares |
| RHUMBLINE ADVISERS | $19,477,486 | 347,751 | 0.21% | Shares |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $19,429,869 | 346,900 | 0.21% | Shares |
| Bank of New York Mellon Corp | $19,204,765 | 342,881 | 0.21% | Shares |
| TWO SIGMA ADVISERS, LP | $19,111,716 | 378,300 | 0.21% | Shares |
| Balyasny Asset Management L.P. | $18,693,618 | 333,755 | 0.20% | Shares |
| NOMURA ASSET MANAGEMENT CO LTD | $18,173,621 | 324,471 | 0.20% | Shares |
| MARSHALL WACE, LLP | $17,093,468 | 305,186 | 0.19% | Shares |
| Gotham Asset Management, LLC | $16,588,818 | 296,176 | 0.18% | Shares |
| BlackRock, Inc. | $16,542,273 | 295,345 | 0.18% | Shares |
| ARS Investment Partners, LLC | $16,527,935 | 295,089 | 0.18% | Shares |
| Swiss National Bank | $15,974,052 | 285,200 | 0.17% | Shares |
| NAN FUNG TRINITY (HK) LTD | $15,853,631 | 283,050 | 0.17% | Shares |
| Woodline Partners LP | $15,620,853 | 278,894 | 0.17% | Shares |
| Sicart Associates LLC | $15,564,227 | 277,883 | 0.17% | Shares |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $14,545,069 | 259,687 | 0.16% | Shares |
| Cetera Investment Advisers | $14,405,570 | 257,196 | 0.16% | Shares |
| IMC-Chicago, LLC | $14,311,451 | 255,516 | 0.16% | Shares |
| Sculptor Capital LP | $13,610,430 | 243,000 | 0.15% | Put option |
| Covea Finance | $13,515,213 | 241,300 | 0.15% | Shares |
| Polar Capital Holdings Plc | $13,363,986 | 238,600 | 0.15% | Shares |
| SEGALL BRYANT & HAMILL, LLC | $13,316,209 | 237,747 | 0.15% | Shares |
| FRONTIER CAPITAL MANAGEMENT CO LLC | $13,124,350 | 234,322 | 0.14% | Shares |
| UBS Group AG | $13,086,344 | 233,643 | 0.14% | Shares |
| TWO SIGMA INVESTMENTS, LP | $12,865,273 | 229,696 | 0.14% | Shares |
| Private Advisory Group LLC | $12,289,714 | 219,420 | 0.13% | Shares |
| Squarepoint Ops LLC | $11,890,923 | 212,300 | 0.13% | Call option |
| California Public Employees Retirement System | $10,954,380 | 195,579 | 0.12% | Shares |
| HSBC HOLDINGS PLC | $10,835,222 | 194,773 | 0.12% | Shares |
| Teamwork Financial Advisors, LLC | $10,647,501 | 190,100 | 0.12% | Shares |
| BERNZOTT CAPITAL ADVISORS | $10,301,789 | 309,642 | 0.11% | Shares |
| Financial Sense Advisors, Inc. | $9,904,809 | 176,840 | 0.11% | Shares |
| TWO SIGMA INVESTMENTS, LP | $9,818,553 | 175,300 | 0.11% | Put option |
| BARCLAYS PLC | $9,409,064 | 167,989 | 0.10% | Shares |
| FLPUTNAM INVESTMENT MANAGEMENT CO | $9,010,329 | 160,870 | 0.10% | Shares |
| Squarepoint Ops LLC | $8,961,600 | 160,000 | 0.10% | Put option |
| Krane Funds Advisors LLC | $8,905,534 | 158,999 | 0.10% | Shares |
| Alberta Investment Management Corp | $8,787,969 | 156,900 | 0.10% | Shares |
| Clearbridge Investments, LLC | $8,680,282 | 154,977 | 0.09% | Shares |
| DF DENT & CO INC | $8,621,046 | 153,920 | 0.09% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $8,565,386 | 152,926 | 0.09% | Shares |
| WOLVERINE ASSET MANAGEMENT LLC | $8,412,702 | 150,200 | 0.09% | Put option |
| GOLDMAN SACHS GROUP INC | $8,401,500 | 150,000 | 0.09% | Call option |
| Granahan Investment Management, LLC | $8,325,999 | 148,652 | 0.09% | Shares |
| SPROTT INC. | $8,187,466 | 146,179 | 0.09% | Shares |
| OSAIC HOLDINGS, INC. | $8,151,150 | 145,534 | 0.09% | Shares |
| HSBC HOLDINGS PLC | $8,094,165 | 145,500 | 0.09% | Put option |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $7,917,246 | 164,054 | 0.09% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $7,863,471 | 145,890 | 0.09% | Shares |
| Retirement Systems of Alabama | $7,837,759 | 139,935 | 0.09% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $7,781,301 | 138,927 | 0.08% | Shares |
Company insiders 14 insiders · 5 officers · 10 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| James H. Litinsky | Chairman and CEO | June 3, 2026 S | 11,620,798 | 0 | 1 | $-837,179 |
| Ryan Corbett | Chief Financial Officer | Jan. 12, 2024 A | 375,310 | 0 | 0 | $0 |
| Michael Stuart Rosenthal | Chief Operating Officer | June 9, 2026 P | 136,622 | 1 | 0 | $543,000 |
| Elliot Dean Hoops | General Counsel and Secretary | Feb. 26, 2024 G | 31,225 | 0 | 0 | $0 |
| Sheila Bangalore | CSO and General Counsel | March 15, 2021 F | 100,892 | 0 | 0 | $0 |
| Connie K Duckworth | Director | June 30, 2026 A | 41,774 | 0 | 0 | $0 |
| Maryanne Lavan | Director | June 15, 2026 M | 23,753 | 0 | 0 | $0 |
| Richard B Myers | Director | June 15, 2026 M | 7,792 | 0 | 0 | $0 |
| Randall J Weisenburger | Director | June 15, 2026 M | 150,899 | 0 | 0 | $0 |
| Andrew A. Mcknight | Director | June 9, 2026 A | — | 0 | 0 | $0 |
| DONALD ARNOLD W | Director | June 9, 2026 A | — | 0 | 0 | $0 |
| Daniel Allen Gold | Director | Dec. 14, 2022 S | 5,542,000 | 0 | 0 | $0 |
| QVT Financial LP | Director | Dec. 14, 2022 S | 5,542,000 | 0 | 0 | $0 |
| Carmen A Policy | Director | July 6, 2020 P | — | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 3 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| James H. Litinsky ×4 filings | Jan. 13, 2026 | 7.30% | Amendment | — | SEC |
| JHL Capital Group LLC, JHL Capital Group Holdings One LLC, JHL Capital Group Holdings Two LLC, JHL Capital Group Master Fund L.P., JHL Capital Group Master Fund GP Ltd., JHL Capital Group L.P., James H. Litinsky ×8 filings | May 26, 2023 | — | Initial filing | — | SEC |
| QVT Financial LP, QVT Financial GP LLC ×9 filings | May 18, 2023 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 93 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| EART · Global X Funds | 2.97% | 19,486 NS | April 30, 2026 | N-PORT |
| PBW · Invesco Exchange-Traded Fund Trust | 1.68% | 120,746 SH | Aug. 19, 2026 | Daily |
| PYZ · Invesco Exchange-Traded Fund Trust | 1.64% | 21,815 SH | Aug. 19, 2026 | Daily |
| SPIT · RBB Fund, Inc. | 1.64% | 7,120 NS | April 30, 2026 | N-PORT |
| FXZ · First Trust Exchange-Traded AlphaDE… | 1.09% | 63,145 NS | April 30, 2026 | N-PORT |
| TAX · EA Series Trust | 1.01% | 3,981 NS | May 29, 2026 | N-PORT |
| CCSO · Tidal Trust II | 0.97% | 6,861 NS | April 30, 2026 | N-PORT |
| IYM · iShares Trust | 0.80% | 140,663 SH | Aug. 19, 2026 | Daily |
| XMMO · Invesco Exchange-Traded Fund Trust | 0.80% | 1,064,021 SH | Aug. 19, 2026 | Daily |
| FMAT · FIDELITY COVINGTON TRUST | 0.60% | 54,762 NS | April 30, 2026 | N-PORT |
| TMFX · RBB Fund, Inc. | 0.59% | 2,919 NS | May 31, 2026 | N-PORT |
| VAW · VANGUARD WORLD FUND | 0.52% | 417,059 SH | Aug. 19, 2026 | Daily |
| PICK · iShares, Inc. | 0.49% | 197,662 SH | Aug. 19, 2026 | Daily |
| PAMC · Pacer Funds Trust | 0.48% | 4,561 NS | April 30, 2026 | N-PORT |
| CCNR · Financial Investors Trust | 0.45% | 26,842 NS | April 30, 2026 | N-PORT |
| FNY · First Trust Exchange-Traded AlphaDE… | 0.36% | 28,416 NS | April 30, 2026 | N-PORT |
| MIDE · DBX ETF Trust | 0.35% | 181 NS | May 29, 2026 | N-PORT |
| MMSC · First Trust Exchange-Traded Fund VI… | 0.33% | 2,676 NS | May 31, 2026 | N-PORT |
| PTMC · Pacer Funds Trust | 0.26% | 15,349 NS | April 30, 2026 | N-PORT |
| VBK · VANGUARD INDEX FUNDS | 0.25% | 2,123,807 SH | Aug. 19, 2026 | Daily |
| ISCG · iShares Trust | 0.25% | 44,111 SH | Aug. 19, 2026 | Daily |
| BKMC · BNY Mellon ETF Trust | 0.23% | 21,952 NS | April 30, 2026 | N-PORT |
| IVOG · VANGUARD ADMIRAL FUNDS | 0.23% | 78,765 SH | Aug. 19, 2026 | Daily |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.21% | 218,761 SH | Aug. 19, 2026 | Daily |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.21% | 30,858 SH | Aug. 19, 2026 | Daily |
| AVIE · AMERICAN CENTURY ETF TRUST | 0.20% | 315 NS | May 31, 2026 | N-PORT |
| IGE · iShares Trust | 0.19% | 26,432 SH | Aug. 19, 2026 | Daily |
| MVV · ProShares Trust | 0.19% | 4,655 NS | May 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.18% | 388,599 NS | April 30, 2026 | N-PORT |
| IVOV · VANGUARD ADMIRAL FUNDS | 0.18% | 47,631 SH | Aug. 19, 2026 | Daily |
| MIDU · Direxion Shares ETF Trust | 0.18% | 2,231 NS | April 30, 2026 | N-PORT |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.16% | 50,665 NS | April 30, 2026 | N-PORT |
| SCHM · SCHWAB STRATEGIC TRUST | 0.16% | 363,863 NS | May 31, 2026 | N-PORT |
| UMDD · ProShares Trust | 0.13% | 649 NS | May 31, 2026 | N-PORT |
| ISCB · iShares Trust | 0.12% | 6,270 SH | Aug. 19, 2026 | Daily |
| ESML · iShares Trust | 0.12% | 60,913 SH | Aug. 19, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.11% | 3,674,898 SH | Aug. 19, 2026 | Daily |
| SMMD · iShares Trust | 0.11% | 73,141 SH | Aug. 19, 2026 | Daily |
| FAD · First Trust Exchange-Traded AlphaDE… | 0.11% | 7,815 NS | April 30, 2026 | N-PORT |
| FNX · First Trust Exchange-Traded AlphaDE… | 0.09% | 18,808 NS | April 30, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.09% | 1,552,772 SH | Aug. 19, 2026 | Daily |
| IWS · iShares Trust | 0.08% | 215,566 SH | Aug. 19, 2026 | Daily |
| WSML · iShares Trust | 0.07% | 8,589 SH | Aug. 19, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.07% | 35,358 SH | Aug. 19, 2026 | Daily |
| IWR · iShares Trust | 0.06% | 585,616 SH | Aug. 19, 2026 | Daily |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.04% | 5,150 NS | May 31, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.04% | 296,417 NS | April 30, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.03% | 9,286 NS | April 30, 2026 | N-PORT |
| SCHV · SCHWAB STRATEGIC TRUST | 0.03% | 67,450 NS | May 31, 2026 | N-PORT |
| AVMC · AMERICAN CENTURY ETF TRUST | 0.03% | 1,635 NS | May 31, 2026 | N-PORT |