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Taxonomy & unit
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ratio: %
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Description
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Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
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Summary
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MP Materials Corp. / DE quarterly/annual Return On Equity history and growth rate from Q4 2020 to Q2 2024.
- MP Materials Corp. / DE Return On Equity for the quarter ending June 30, 2024 was -3.06 %, a 123% decline year-over-year.
- MP Materials Corp. / DE annual Return On Equity for 2023 was 1.78 %, a 92.6% decline from 2022.
- MP Materials Corp. / DE annual Return On Equity for 2022 was 24 %, a 66.4% increase from 2021.
- MP Materials Corp. / DE annual Return On Equity for 2021 was 14.4 %.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)