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Side-by-side financial comparison of ENERPAC TOOL GROUP CORP (EPAC) and MP Materials Corp. (MP). Click either name above to swap in a different company.

ENERPAC TOOL GROUP CORP is the larger business by last-quarter revenue ($144.2M vs $90.6M, roughly 1.6× MP Materials Corp.). ENERPAC TOOL GROUP CORP runs the higher net margin — 13.3% vs -8.8%, a 22.1% gap on every dollar of revenue. On growth, MP Materials Corp. posted the faster year-over-year revenue change (49.1% vs -0.7%). Over the past eight quarters, MP Materials Corp.'s revenue compounded faster (70.3% CAGR vs 2.1%).

Enerpac Tool Group Corp., formerly Actuant Corporation, was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC.

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.

EPAC vs MP — Head-to-Head

Bigger by revenue
EPAC
EPAC
1.6× larger
EPAC
$144.2M
$90.6M
MP
Growing faster (revenue YoY)
MP
MP
+49.7% gap
MP
49.1%
-0.7%
EPAC
Higher net margin
EPAC
EPAC
22.1% more per $
EPAC
13.3%
-8.8%
MP
Faster 2-yr revenue CAGR
MP
MP
Annualised
MP
70.3%
2.1%
EPAC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
EPAC
EPAC
MP
MP
Revenue
$144.2M
$90.6M
Net Profit
$19.1M
$-8.0M
Gross Margin
50.7%
Operating Margin
19.8%
Net Margin
13.3%
-8.8%
Revenue YoY
-0.7%
49.1%
Net Profit YoY
-11.9%
64.8%
EPS (diluted)
$0.36
$-0.04

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
EPAC
EPAC
MP
MP
Q1 26
$90.6M
Q4 25
$144.2M
$52.7M
Q3 25
$167.5M
$53.6M
Q2 25
$158.7M
$57.4M
Q1 25
$145.5M
$60.8M
Q4 24
$145.2M
$61.0M
Q3 24
$158.7M
$62.9M
Q2 24
$150.4M
$31.3M
Net Profit
EPAC
EPAC
MP
MP
Q1 26
$-8.0M
Q4 25
$19.1M
$9.4M
Q3 25
$28.1M
$-41.8M
Q2 25
$22.0M
$-30.9M
Q1 25
$20.9M
$-22.6M
Q4 24
$21.7M
$-22.3M
Q3 24
$24.4M
$-25.5M
Q2 24
$25.8M
$-34.1M
Gross Margin
EPAC
EPAC
MP
MP
Q1 26
Q4 25
50.7%
Q3 25
50.1%
Q2 25
50.4%
Q1 25
50.5%
Q4 24
51.4%
Q3 24
48.8%
Q2 24
51.8%
Operating Margin
EPAC
EPAC
MP
MP
Q1 26
Q4 25
19.8%
-7.0%
Q3 25
23.8%
-125.2%
Q2 25
20.0%
-76.5%
Q1 25
21.2%
-57.2%
Q4 24
21.4%
-72.1%
Q3 24
18.9%
-62.8%
Q2 24
22.2%
-171.1%
Net Margin
EPAC
EPAC
MP
MP
Q1 26
-8.8%
Q4 25
13.3%
17.9%
Q3 25
16.8%
-78.0%
Q2 25
13.9%
-53.8%
Q1 25
14.4%
-37.2%
Q4 24
15.0%
-36.6%
Q3 24
15.4%
-40.5%
Q2 24
17.1%
-108.9%
EPS (diluted)
EPAC
EPAC
MP
MP
Q1 26
$-0.04
Q4 25
$0.36
$0.07
Q3 25
$0.51
$-0.24
Q2 25
$0.41
$-0.19
Q1 25
$0.38
$-0.14
Q4 24
$0.40
$-0.12
Q3 24
$0.44
$-0.16
Q2 24
$0.47
$-0.21

Balance Sheet & Financial Strength

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

Metric
EPAC
EPAC
MP
MP
Cash + ST InvestmentsLiquidity on hand
$139.0M
$1.7B
Total DebtLower is stronger
$188.8M
$1.0B
Stockholders' EquityBook value
$431.1M
$2.0B
Total Assets
$818.1M
$3.8B
Debt / EquityLower = less leverage
0.44×
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPAC
EPAC
MP
MP
Q1 26
$1.7B
Q4 25
$139.0M
$1.2B
Q3 25
$151.6M
$1.1B
Q2 25
$140.5M
$261.5M
Q1 25
$119.5M
$198.3M
Q4 24
$130.7M
$282.4M
Q3 24
$167.1M
$284.4M
Q2 24
$132.4M
$295.6M
Total Debt
EPAC
EPAC
MP
MP
Q1 26
$1.0B
Q4 25
$188.8M
$998.7M
Q3 25
$190.0M
$997.3M
Q2 25
$191.3M
$910.8M
Q1 25
$192.5M
$909.8M
Q4 24
$193.8M
$908.7M
Q3 24
$195.0M
Q2 24
$196.3M
Stockholders' Equity
EPAC
EPAC
MP
MP
Q1 26
$2.0B
Q4 25
$431.1M
$2.0B
Q3 25
$433.7M
$2.0B
Q2 25
$438.2M
$1.0B
Q1 25
$406.0M
$1.0B
Q4 24
$398.0M
$1.1B
Q3 24
$392.0M
$1.1B
Q2 24
$365.8M
$1.1B
Total Assets
EPAC
EPAC
MP
MP
Q1 26
$3.8B
Q4 25
$818.1M
$3.9B
Q3 25
$827.9M
$3.8B
Q2 25
$828.1M
$2.3B
Q1 25
$776.6M
$2.4B
Q4 24
$775.4M
$2.3B
Q3 24
$777.3M
$2.3B
Q2 24
$749.5M
$2.4B
Debt / Equity
EPAC
EPAC
MP
MP
Q1 26
0.51×
Q4 25
0.44×
0.50×
Q3 25
0.44×
0.51×
Q2 25
0.44×
0.90×
Q1 25
0.47×
0.88×
Q4 24
0.49×
0.86×
Q3 24
0.50×
Q2 24
0.54×

Cash Flow & Capital Efficiency

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

Metric
EPAC
EPAC
MP
MP
Operating Cash FlowLast quarter
$16.0M
$-1.9M
Free Cash FlowOCF − Capex
$13.3M
FCF MarginFCF / Revenue
9.2%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
0.84×
TTM Free Cash FlowTrailing 4 quarters
$102.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPAC
EPAC
MP
MP
Q1 26
$-1.9M
Q4 25
$16.0M
$-46.9M
Q3 25
$55.3M
$-42.0M
Q2 25
$39.9M
$-3.7M
Q1 25
$7.5M
$-63.2M
Q4 24
$8.6M
$30.5M
Q3 24
$44.4M
$-6.8M
Q2 24
$30.3M
$30.8M
Free Cash Flow
EPAC
EPAC
MP
MP
Q1 26
Q4 25
$13.3M
$-109.3M
Q3 25
$52.3M
$-92.5M
Q2 25
$35.1M
$-32.7M
Q1 25
$1.8M
$-93.7M
Q4 24
$2.8M
$-11.2M
Q3 24
$37.9M
$-53.3M
Q2 24
$28.5M
$-15.6M
FCF Margin
EPAC
EPAC
MP
MP
Q1 26
Q4 25
9.2%
-207.4%
Q3 25
31.2%
-172.8%
Q2 25
22.1%
-56.9%
Q1 25
1.2%
-154.0%
Q4 24
1.9%
-18.3%
Q3 24
23.9%
-84.7%
Q2 24
18.9%
-50.1%
Capex Intensity
EPAC
EPAC
MP
MP
Q1 26
Q4 25
1.9%
118.5%
Q3 25
1.8%
94.3%
Q2 25
3.1%
50.5%
Q1 25
3.9%
50.1%
Q4 24
4.0%
68.3%
Q3 24
4.1%
73.8%
Q2 24
1.2%
148.7%
Cash Conversion
EPAC
EPAC
MP
MP
Q1 26
Q4 25
0.84×
-4.97×
Q3 25
1.97×
Q2 25
1.81×
Q1 25
0.36×
Q4 24
0.40×
Q3 24
1.82×
Q2 24
1.18×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EPAC
EPAC

Transferred At Point In Time$126.0M87%
Other$12.1M8%
Other Operating Segment$6.1M4%

MP
MP

Materials Segment$72.2M80%
Magnetics Segment$21.1M23%

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