USA Rare Earth, Inc. USAR R2K
Basic Materials · Other Industrial Metals & Mining · United States
USA Rare Earth, Inc. engages in mining, processing, and supplying rare earths and other critical minerals in the United States, Europe, and Asia. It primarily explores neodymium, dysprosium, terbium, yttrium, gallium, hafnium, praseodymium, samarium, and other critical minerals. The company holds interests in the Round Top Mountain located near Sierra Blanca, Texas. It products are used in aerospace, defense, semiconductors, data centers, physical AI, energy, mobility, healthcare, and numerous industrial sectors. USA Rare Earth, Inc. was founded in 2019 and is based in Stillwater, Oklahoma.
READ MORE ›$28.01
+212.96% 1Y
Market & Price
Market Cap
$6.25B
Current Price
$28.01
High / Low (52W)
$38.68 / $8.95
Beta
2.42
Valuation
Stock P/E
-
Industry PE
24.80
Forward P/E
-
PEG Ratio
-
Book Value
$3.33
Price to Book
8.42
P/S
851.00
EV/EBITDA
-62.42
Dividend Yield
-
Profitability & Returns
ROCE
-45.43%
ROE
-44.78%
ROA
-4.27%
Profit Margin
0.00%
Op Margin
-
EPS (Latest Qtr)
$-0.34
EPS (TTM)
$-4.40
Balance Sheet & Liquidity
Debt/Equity
0.07
Quick Ratio
35.60
Current Ratio
36.29
Debt
$1.28M
Total Assets
$695.00M
Current Assets
$385.38M
Working Capital
$347.46M
Ownership
Promoter Holding
15.63%
Chg in Prom Hold
-
FII / Inst Holding
55.04%
Chg in FII Hold
0.01%
Financial Snapshot
Enterprise Value
$4.51B
Total Revenue (TTM)
$7.34M
EBITDA
$-72.24M
Free Cash Flow
$-100.62M
Operating Cash Flow
$-57.11M
Shares Outstanding
223.04M
Gross Margin
4.10%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
-
Profit 5Y
-382.65%
Revenue (YoY)
-
Earnings (YoY)
-
PROS
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Earnings shrank at -382.6% CAGR over 5 years.
- Trading 27.6% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | USAR USA Rare Earth, Inc. R2K | 28.01 | - | $6.25B | - | -45.43% | -44.78% | - | -382.65% |
| 2 | LIN Linde plc NDXSPX | 497.69 | 33.00 | $230.11B | 1.29% | 13.07% | 18.23% | 0.62% | 18.48% |
| 3 | NEM Newmont Corporation SPX | 109.81 | 14.24 | $117.23B | 0.95% | 22.51% | 25.83% | 23.91% | 583.84% |
| 4 | FCX Freeport-McMoRan Inc. SPX | 65.71 | 34.77 | $94.46B | 0.91% | 12.93% | 15.63% | 4.39% | -14.02% |
| 5 | SHW The Sherwin-Williams Company SPX | 303.84 | 29.16 | $74.94B | 1.05% | 20.04% | 60.72% | 2.10% | 8.34% |
| 6 | CRH CRH plc SPX | 108.79 | 20.18 | $72.69B | 1.43% | 11.33% | 15.81% | 4.60% | -1.15% |
| 7 | ECL Ecolab Inc. SPX | 256.00 | 34.59 | $72.05B | 1.14% | 14.89% | 22.43% | 4.26% | 23.88% |
| 8 | APD Air Products and Chemicals, Inc. SPX | 278.62 | 29.33 | $62.04B | 2.60% | -0.62% | 12.35% | -1.77% | -39.16% |
| 9 | NUE Nucor Corporation SPX | 250.00 | 24.80 | $56.94B | 0.90% | 8.80% | 12.29% | -7.84% | -38.80% |
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Quarterly Results
Figures in USD.
| Metric | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | 0 | 0 | 0 | 1.64M | 5.70M |
| Cost of Revenue | - | - | - | - | 66.00K | - | 0 | - | - | - | 5.59M |
| Gross Profit | - | - | - | - | -66.00K | - | 0 | - | - | - | 106.00K |
| Operating Expenses | - | - | - | - | - | - | 8.72M | 8.80M | 15.86M | 26.32M | 36.58M |
| Operating Income | -228.65K | -420.84K | -4.70M | -3.01M | - | - | -8.72M | -8.80M | -15.86M | -26.12M | -36.47M |
| EBITDA | - | - | - | - | - | - | 51.83M | -142.50M | -156.76M | -49.53M | -65.95M |
| Interest Expense | - | - | - | - | - | - | 87.00K | 12.00K | 17.00K | 23.00K | 593.00K |
| Pretax Income | - | - | - | - | - | - | 51.68M | -142.71M | -156.99M | -50.66M | -68.64M |
| Tax Provision | - | - | - | - | - | - | 0 | - | - | - | -577.00K |
| Net Income | 830.82K | 2.86M | -4.47M | -2.60M | - | - | 51.83M | -142.51M | -156.68M | -50.20M | -66.99M |
| Diluted EPS | - | - | -0.11 | -0.04 | - | - | 0.58 | -1.54 | -1.64 | -0.40 | -0.34 |
| R&D Expense | - | - | 2.05M | 1.73M | 1.16M | - | 1.69M | 2.58M | 4.45M | - | 14.25M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 1.64M |
| Cost of Revenue | 210.00K | 308.00K | 0 | 1.45M |
| Gross Profit | -210.00K | -308.00K | 0 | 195.00K |
| Operating Expenses | 24.05M | 24.48M | 15.59M | 59.70M |
| Operating Income | -24.26M | -24.79M | -15.59M | -59.50M |
| EBITDA | -23.59M | -24.07M | -15.69M | -296.96M |
| Interest Expense | - | - | 315.00K | 139.00K |
| Pretax Income | -25.54M | -8.54M | -16.39M | -298.68M |
| Tax Provision | - | - | 0 | -160.00K |
| Net Income | -23.84M | -7.42M | -15.73M | -297.56M |
| Diluted EPS | -0.40 | -0.12 | -0.29 | -3.31 |
| R&D Expense | - | - | 6.34M | 15.88M |
Compounded Sales Growth
| 5 Years: | - |
| 1 Year: | - |
Compounded Profit Growth
| 5 Years: | -382.65% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +212.96% |
| 6 Months: | +131.49% |
| 3 Months: | +48.20% |
| 1 Month: | +27.14% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| Total Assets | 66.86M | 259.47M | 69.07M | 695.00M |
| Current Assets | 27.32M | 499.66K | 22.27M | 385.38M |
| Cash & Equivalents | 26.97M | 275.67K | 16.76M | 359.93M |
| Inventory | - | - | 0 | 18.54M |
| Receivables | - | - | 0 | 3.76M |
| Total Liabilities | 34.81M | 13.41M | 36.30M | 200.71M |
| Current Liabilities | 10.74M | 309.99K | 6.92M | 37.91M |
| Long Term Debt | - | 620.00K | - | - |
| Total Debt | 902.00K | 1.09M | 854.00K | 3.05M |
| Total Equity | 0 | 258.97M | 30.13M | 492.63M |
| Shares Outstanding | 81.95M | 81.95M | 81.95M | 148.06M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| Operating Cash Flow | -14.80M | -21.93M | -12.99M | -48.98M |
| Investing Cash Flow | -15.15M | -5.96M | -3.29M | -139.57M |
| Financing Cash Flow | 22.26M | 14.11M | 19.84M | 531.72M |
| Capital Expenditure | -5.11M | -5.96M | -3.11M | -37.36M |
| Free Cash Flow | -19.91M | -27.88M | -16.10M | -86.34M |
| Net Change in Cash | -7.70M | -13.77M | 3.56M | 343.16M |
| Share Buybacks | - | - | 246.92M | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| Gross Margin % | - | - | - | 11.9% |
| Operating Margin % | - | - | - | -3,621.6% |
| Net Margin % | - | - | - | -18,110.7% |
| ROE % | - | -2.9% | -52.2% | -60.4% |
| ROCE % | -43.2% | -9.6% | -25.1% | -9.1% |
Shareholding Pattern
Insiders
15.63%
Institutions
55.04%
Public Float
65.24%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Alyeska Investment Group, L.p. | 7.43% | 16.57M | $464.15M |
| 2 | Blackrock Inc. | 6.32% | 14.09M | $394.54M |
| 3 | State Street Corporation | 5.41% | 12.07M | $337.96M |
| 4 | Bayshore Capital Advisors, LLC | 3.92% | 8.74M | $244.90M |
| 5 | Vanguard Capital Management LLC | 3.75% | 8.36M | $234.22M |
| 6 | Trustees of the University of Pennsylvania | 2.18% | 4.85M | $135.99M |
| 7 | Geode Capital Management, LLC | 1.94% | 4.32M | $120.94M |
| 8 | Hood River Capital Management LLC | 1.90% | 4.24M | $118.84M |
| 9 | UBS Group AG | 1.74% | 3.88M | $108.79M |
| 10 | Price (T.Rowe) Associates Inc | 1.44% | 3.20M | $89.73M |
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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