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

CULP INC is the larger business by last-quarter revenue ($53.2M vs $52.7M, roughly 1.0× MP Materials Corp.). MP Materials Corp. runs the higher net margin — 17.9% vs -8.1%, a 26.0% gap on every dollar of revenue. On growth, CULP INC posted the faster year-over-year revenue change (-4.4% vs -13.6%). CULP INC produced more free cash flow last quarter ($-510.0K vs $-109.3M). Over the past eight quarters, MP Materials Corp.'s revenue compounded faster (4.0% CAGR vs -6.2%).

Culp Inc is a leading global textile manufacturer specializing in upholstery fabrics for residential and commercial furniture, as well as mattress fabrics for bedding producers. It runs production and distribution facilities across North America, Asia, and Europe, serving clients across the global home furnishing and bedding sectors.

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.

CULP vs MP — Head-to-Head

Bigger by revenue
CULP
CULP
1.0× larger
CULP
$53.2M
$52.7M
MP
Growing faster (revenue YoY)
CULP
CULP
+9.2% gap
CULP
-4.4%
-13.6%
MP
Higher net margin
MP
MP
26.0% more per $
MP
17.9%
-8.1%
CULP
More free cash flow
CULP
CULP
$108.8M more FCF
CULP
$-510.0K
$-109.3M
MP
Faster 2-yr revenue CAGR
MP
MP
Annualised
MP
4.0%
-6.2%
CULP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CULP
CULP
MP
MP
Revenue
$53.2M
$52.7M
Net Profit
$-4.3M
$9.4M
Gross Margin
10.9%
Operating Margin
-6.5%
-7.0%
Net Margin
-8.1%
17.9%
Revenue YoY
-4.4%
-13.6%
Net Profit YoY
23.7%
142.2%
EPS (diluted)
$-0.34
$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
CULP
CULP
MP
MP
Q4 25
$53.2M
$52.7M
Q3 25
$50.7M
$53.6M
Q2 25
$48.8M
$57.4M
Q1 25
$52.3M
$60.8M
Q4 24
$55.7M
$61.0M
Q3 24
$56.5M
$62.9M
Q2 24
$49.5M
$31.3M
Q1 24
$60.4M
$48.7M
Net Profit
CULP
CULP
MP
MP
Q4 25
$-4.3M
$9.4M
Q3 25
$-231.0K
$-41.8M
Q2 25
$-2.1M
$-30.9M
Q1 25
$-4.1M
$-22.6M
Q4 24
$-5.6M
$-22.3M
Q3 24
$-7.3M
$-25.5M
Q2 24
$-4.9M
$-34.1M
Q1 24
$-3.2M
$16.5M
Gross Margin
CULP
CULP
MP
MP
Q4 25
10.9%
Q3 25
14.3%
Q2 25
15.7%
Q1 25
12.1%
Q4 24
10.8%
Q3 24
9.0%
Q2 24
10.5%
Q1 24
12.7%
Operating Margin
CULP
CULP
MP
MP
Q4 25
-6.5%
-7.0%
Q3 25
3.2%
-125.2%
Q2 25
-4.6%
-76.5%
Q1 25
-7.4%
-57.2%
Q4 24
-9.7%
-72.1%
Q3 24
-12.1%
-62.8%
Q2 24
-8.6%
-171.1%
Q1 24
-2.9%
-66.6%
Net Margin
CULP
CULP
MP
MP
Q4 25
-8.1%
17.9%
Q3 25
-0.5%
-78.0%
Q2 25
-4.2%
-53.8%
Q1 25
-7.9%
-37.2%
Q4 24
-10.1%
-36.6%
Q3 24
-12.8%
-40.5%
Q2 24
-9.8%
-108.9%
Q1 24
-5.3%
33.9%
EPS (diluted)
CULP
CULP
MP
MP
Q4 25
$-0.34
$0.07
Q3 25
$-0.02
$-0.24
Q2 25
$-0.17
$-0.19
Q1 25
$-0.33
$-0.14
Q4 24
$-0.45
$-0.12
Q3 24
$-0.58
$-0.16
Q2 24
$-0.39
$-0.21
Q1 24
$-0.26
$-0.08

Balance Sheet & Financial Strength

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

Metric
CULP
CULP
MP
MP
Cash + ST InvestmentsLiquidity on hand
$10.7M
$1.2B
Total DebtLower is stronger
$998.7M
Stockholders' EquityBook value
$53.6M
$2.0B
Total Assets
$125.2M
$3.9B
Debt / EquityLower = less leverage
0.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CULP
CULP
MP
MP
Q4 25
$10.7M
$1.2B
Q3 25
$11.1M
$1.1B
Q2 25
$5.6M
$261.5M
Q1 25
$5.3M
$198.3M
Q4 24
$10.5M
$282.4M
Q3 24
$13.5M
$284.4M
Q2 24
$10.0M
$295.6M
Q1 24
$12.6M
$296.5M
Total Debt
CULP
CULP
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
CULP
CULP
MP
MP
Q4 25
$53.6M
$2.0B
Q3 25
$57.6M
$2.0B
Q2 25
$57.6M
$1.0B
Q1 25
$59.6M
$1.0B
Q4 24
$63.6M
$1.1B
Q3 24
$69.1M
$1.1B
Q2 24
$76.1M
$1.1B
Q1 24
$80.8M
$1.1B
Total Assets
CULP
CULP
MP
MP
Q4 25
$125.2M
$3.9B
Q3 25
$126.4M
$3.8B
Q2 25
$123.4M
$2.3B
Q1 25
$127.6M
$2.4B
Q4 24
$129.0M
$2.3B
Q3 24
$129.1M
$2.3B
Q2 24
$132.1M
$2.4B
Q1 24
$142.0M
$2.4B
Debt / Equity
CULP
CULP
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
CULP
CULP
MP
MP
Operating Cash FlowLast quarter
$-471.0K
$-46.9M
Free Cash FlowOCF − Capex
$-510.0K
$-109.3M
FCF MarginFCF / Revenue
-1.0%
-207.4%
Capex IntensityCapex / Revenue
0.1%
118.5%
Cash ConversionOCF / Net Profit
-4.97×
TTM Free Cash FlowTrailing 4 quarters
$-17.8M
$-328.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CULP
CULP
MP
MP
Q4 25
$-471.0K
$-46.9M
Q3 25
$-695.0K
$-42.0M
Q2 25
$-8.2M
$-3.7M
Q1 25
$-6.8M
$-63.2M
Q4 24
$-2.4M
$30.5M
Q3 24
$-206.0K
$-6.8M
Q2 24
$-2.3M
$30.8M
Q1 24
$-1.5M
$-41.1M
Free Cash Flow
CULP
CULP
MP
MP
Q4 25
$-510.0K
$-109.3M
Q3 25
$-874.0K
$-92.5M
Q2 25
$-8.7M
$-32.7M
Q1 25
$-7.7M
$-93.7M
Q4 24
$-3.5M
$-11.2M
Q3 24
$-707.0K
$-53.3M
Q2 24
$-2.7M
$-15.6M
Q1 24
$-2.8M
$-93.0M
FCF Margin
CULP
CULP
MP
MP
Q4 25
-1.0%
-207.4%
Q3 25
-1.7%
-172.8%
Q2 25
-17.9%
-56.9%
Q1 25
-14.6%
-154.0%
Q4 24
-6.3%
-18.3%
Q3 24
-1.3%
-84.7%
Q2 24
-5.5%
-50.1%
Q1 24
-4.6%
-191.0%
Capex Intensity
CULP
CULP
MP
MP
Q4 25
0.1%
118.5%
Q3 25
0.4%
94.3%
Q2 25
1.0%
50.5%
Q1 25
1.6%
50.1%
Q4 24
1.9%
68.3%
Q3 24
0.9%
73.8%
Q2 24
0.9%
148.7%
Q1 24
2.1%
106.5%
Cash Conversion
CULP
CULP
MP
MP
Q4 25
-4.97×
Q3 25
Q2 25
Q1 25
Q4 24
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

CULP
CULP

Bedding Fabrics$30.8M58%
Upholstery$22.4M42%

MP
MP

Materials Segment$35.6M68%
Other$17.1M32%

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