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Side-by-side financial comparison of ATLANTIC AMERICAN CORP (AAME) and MP Materials Corp. (MP). Click either name above to swap in a different company.

ATLANTIC AMERICAN CORP is the larger business by last-quarter revenue ($53.8M vs $52.7M, roughly 1.0× MP Materials Corp.). MP Materials Corp. runs the higher net margin — 17.9% vs 1.1%, a 16.8% gap on every dollar of revenue. On growth, ATLANTIC AMERICAN CORP posted the faster year-over-year revenue change (20.8% vs -13.6%). ATLANTIC AMERICAN CORP produced more free cash flow last quarter ($6.6M vs $-109.3M). Over the past eight quarters, ATLANTIC AMERICAN CORP's revenue compounded faster (7.2% CAGR vs 4.0%).

The Atlantic Telegraph Company was a company formed on 6 November 1856 to undertake and exploit a commercial telegraph cable across the Atlantic Ocean, the first such telecommunications link.

MP Materials Corp. is a U.S.-based producer of rare earth materials. The company owns and operates the Mountain Pass mine in California, the only active rare earth mining and processing facility in the Western Hemisphere, producing essential materials for electric vehicles, wind turbines, and defense applications.

AAME vs MP — Head-to-Head

Bigger by revenue
AAME
AAME
1.0× larger
AAME
$53.8M
$52.7M
MP
Growing faster (revenue YoY)
AAME
AAME
+34.4% gap
AAME
20.8%
-13.6%
MP
Higher net margin
MP
MP
16.8% more per $
MP
17.9%
1.1%
AAME
More free cash flow
AAME
AAME
$115.9M more FCF
AAME
$6.6M
$-109.3M
MP
Faster 2-yr revenue CAGR
AAME
AAME
Annualised
AAME
7.2%
4.0%
MP

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
AAME
AAME
MP
MP
Revenue
$53.8M
$52.7M
Net Profit
$577.0K
$9.4M
Gross Margin
Operating Margin
1.4%
-7.0%
Net Margin
1.1%
17.9%
Revenue YoY
20.8%
-13.6%
Net Profit YoY
128.9%
142.2%
EPS (diluted)
$0.02
$0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAME
AAME
MP
MP
Q4 25
$52.7M
Q3 25
$53.8M
$53.6M
Q2 25
$55.3M
$57.4M
Q1 25
$50.1M
$60.8M
Q4 24
$49.0M
$61.0M
Q3 24
$44.5M
$62.9M
Q2 24
$47.7M
$31.3M
Q1 24
$47.0M
$48.7M
Net Profit
AAME
AAME
MP
MP
Q4 25
$9.4M
Q3 25
$577.0K
$-41.8M
Q2 25
$3.3M
$-30.9M
Q1 25
$802.0K
$-22.6M
Q4 24
$412.0K
$-22.3M
Q3 24
$-2.0M
$-25.5M
Q2 24
$-684.0K
$-34.1M
Q1 24
$-2.0M
$16.5M
Operating Margin
AAME
AAME
MP
MP
Q4 25
-7.0%
Q3 25
1.4%
-125.2%
Q2 25
7.6%
-76.5%
Q1 25
2.1%
-57.2%
Q4 24
1.1%
-72.1%
Q3 24
-5.5%
-62.8%
Q2 24
-1.8%
-171.1%
Q1 24
-5.3%
-66.6%
Net Margin
AAME
AAME
MP
MP
Q4 25
17.9%
Q3 25
1.1%
-78.0%
Q2 25
6.0%
-53.8%
Q1 25
1.6%
-37.2%
Q4 24
0.8%
-36.6%
Q3 24
-4.5%
-40.5%
Q2 24
-1.4%
-108.9%
Q1 24
-4.3%
33.9%
EPS (diluted)
AAME
AAME
MP
MP
Q4 25
$0.07
Q3 25
$0.02
$-0.24
Q2 25
$0.15
$-0.19
Q1 25
$0.03
$-0.14
Q4 24
$0.01
$-0.12
Q3 24
$-0.10
$-0.16
Q2 24
$-0.04
$-0.21
Q1 24
$-0.10
$-0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAME
AAME
MP
MP
Cash + ST InvestmentsLiquidity on hand
$34.4M
$1.2B
Total DebtLower is stronger
$998.7M
Stockholders' EquityBook value
$109.5M
$2.0B
Total Assets
$430.9M
$3.9B
Debt / EquityLower = less leverage
0.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAME
AAME
MP
MP
Q4 25
$1.2B
Q3 25
$34.4M
$1.1B
Q2 25
$46.4M
$261.5M
Q1 25
$35.9M
$198.3M
Q4 24
$35.6M
$282.4M
Q3 24
$23.0M
$284.4M
Q2 24
$21.2M
$295.6M
Q1 24
$21.2M
$296.5M
Total Debt
AAME
AAME
MP
MP
Q4 25
$998.7M
Q3 25
$997.3M
Q2 25
$910.8M
Q1 25
$909.8M
Q4 24
$908.7M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AAME
AAME
MP
MP
Q4 25
$2.0B
Q3 25
$109.5M
$2.0B
Q2 25
$106.2M
$1.0B
Q1 25
$102.4M
$1.0B
Q4 24
$99.6M
$1.1B
Q3 24
$105.8M
$1.1B
Q2 24
$100.7M
$1.1B
Q1 24
$102.8M
$1.1B
Total Assets
AAME
AAME
MP
MP
Q4 25
$3.9B
Q3 25
$430.9M
$3.8B
Q2 25
$429.3M
$2.3B
Q1 25
$388.4M
$2.4B
Q4 24
$393.4M
$2.3B
Q3 24
$387.0M
$2.3B
Q2 24
$386.0M
$2.4B
Q1 24
$365.8M
$2.4B
Debt / Equity
AAME
AAME
MP
MP
Q4 25
0.50×
Q3 25
0.51×
Q2 25
0.90×
Q1 25
0.88×
Q4 24
0.86×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAME
AAME
MP
MP
Operating Cash FlowLast quarter
$6.6M
$-46.9M
Free Cash FlowOCF − Capex
$6.6M
$-109.3M
FCF MarginFCF / Revenue
12.3%
-207.4%
Capex IntensityCapex / Revenue
0.1%
118.5%
Cash ConversionOCF / Net Profit
11.51×
-4.97×
TTM Free Cash FlowTrailing 4 quarters
$19.3M
$-328.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAME
AAME
MP
MP
Q4 25
$-46.9M
Q3 25
$6.6M
$-42.0M
Q2 25
$9.3M
$-3.7M
Q1 25
$-722.0K
$-63.2M
Q4 24
$4.8M
$30.5M
Q3 24
$90.0K
$-6.8M
Q2 24
$416.0K
$30.8M
Q1 24
$-5.3M
$-41.1M
Free Cash Flow
AAME
AAME
MP
MP
Q4 25
$-109.3M
Q3 25
$6.6M
$-92.5M
Q2 25
$9.1M
$-32.7M
Q1 25
$-986.0K
$-93.7M
Q4 24
$4.6M
$-11.2M
Q3 24
$58.0K
$-53.3M
Q2 24
$361.0K
$-15.6M
Q1 24
$-5.4M
$-93.0M
FCF Margin
AAME
AAME
MP
MP
Q4 25
-207.4%
Q3 25
12.3%
-172.8%
Q2 25
16.5%
-56.9%
Q1 25
-2.0%
-154.0%
Q4 24
9.3%
-18.3%
Q3 24
0.1%
-84.7%
Q2 24
0.8%
-50.1%
Q1 24
-11.4%
-191.0%
Capex Intensity
AAME
AAME
MP
MP
Q4 25
118.5%
Q3 25
0.1%
94.3%
Q2 25
0.3%
50.5%
Q1 25
0.5%
50.1%
Q4 24
0.5%
68.3%
Q3 24
0.1%
73.8%
Q2 24
0.1%
148.7%
Q1 24
0.1%
106.5%
Cash Conversion
AAME
AAME
MP
MP
Q4 25
-4.97×
Q3 25
11.51×
Q2 25
2.80×
Q1 25
-0.90×
Q4 24
11.65×
Q3 24
Q2 24
Q1 24
-2.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAME
AAME

Bankers Fidelity$30.0M56%
American Southern$23.7M44%

MP
MP

Materials Segment$35.6M68%
Other$17.1M32%

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