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Side-by-side financial comparison of MidWestOne Financial Group, Inc. (MOFG) and MP Materials Corp. (MP). Click either name above to swap in a different company.

MP Materials Corp. is the larger business by last-quarter revenue ($90.6M vs $61.3M, roughly 1.5× MidWestOne Financial Group, Inc.). MidWestOne Financial Group, Inc. runs the higher net margin — 27.8% vs -8.8%, a 36.6% gap on every dollar of revenue. On growth, MP Materials Corp. posted the faster year-over-year revenue change (49.1% vs 35.9%). Over the past eight quarters, MP Materials Corp.'s revenue compounded faster (70.3% CAGR vs 37.2%).

MidWestOne Financial Group, Inc. is a bank holding company headquartered in Iowa City, Iowa. The bank operates 56 branches. It is the 3rd largest bank headquartered in Iowa. It operates in Iowa, Minnesota, Wisconsin, Colorado, and Florida.

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.

MOFG vs MP — Head-to-Head

Bigger by revenue
MP
MP
1.5× larger
MP
$90.6M
$61.3M
MOFG
Growing faster (revenue YoY)
MP
MP
+13.1% gap
MP
49.1%
35.9%
MOFG
Higher net margin
MOFG
MOFG
36.6% more per $
MOFG
27.8%
-8.8%
MP
Faster 2-yr revenue CAGR
MP
MP
Annualised
MP
70.3%
37.2%
MOFG

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
MOFG
MOFG
MP
MP
Revenue
$61.3M
$90.6M
Net Profit
$17.0M
$-8.0M
Gross Margin
Operating Margin
35.1%
Net Margin
27.8%
-8.8%
Revenue YoY
35.9%
49.1%
Net Profit YoY
117.8%
64.8%
EPS (diluted)
$0.82
$-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
MOFG
MOFG
MP
MP
Q1 26
$90.6M
Q4 25
$52.7M
Q3 25
$61.3M
$53.6M
Q2 25
$60.2M
$57.4M
Q1 25
$57.6M
$60.8M
Q4 24
$48.9M
$61.0M
Q3 24
$37.5M
$62.9M
Q2 24
$57.9M
$31.3M
Net Profit
MOFG
MOFG
MP
MP
Q1 26
$-8.0M
Q4 25
$9.4M
Q3 25
$17.0M
$-41.8M
Q2 25
$10.0M
$-30.9M
Q1 25
$15.1M
$-22.6M
Q4 24
$16.3M
$-22.3M
Q3 24
$-95.7M
$-25.5M
Q2 24
$15.8M
$-34.1M
Operating Margin
MOFG
MOFG
MP
MP
Q1 26
Q4 25
-7.0%
Q3 25
35.1%
-125.2%
Q2 25
20.9%
-76.5%
Q1 25
34.0%
-57.2%
Q4 24
43.1%
-72.1%
Q3 24
-347.0%
-62.8%
Q2 24
36.0%
-171.1%
Net Margin
MOFG
MOFG
MP
MP
Q1 26
-8.8%
Q4 25
17.9%
Q3 25
27.8%
-78.0%
Q2 25
16.6%
-53.8%
Q1 25
26.3%
-37.2%
Q4 24
33.4%
-36.6%
Q3 24
-255.1%
-40.5%
Q2 24
27.3%
-108.9%
EPS (diluted)
MOFG
MOFG
MP
MP
Q1 26
$-0.04
Q4 25
$0.07
Q3 25
$0.82
$-0.24
Q2 25
$0.48
$-0.19
Q1 25
$0.73
$-0.14
Q4 24
$1.30
$-0.12
Q3 24
$-6.05
$-0.16
Q2 24
$1.00
$-0.21

Balance Sheet & Financial Strength

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

Metric
MOFG
MOFG
MP
MP
Cash + ST InvestmentsLiquidity on hand
$1.7B
Total DebtLower is stronger
$98.0M
$1.0B
Stockholders' EquityBook value
$606.1M
$2.0B
Total Assets
$6.2B
$3.8B
Debt / EquityLower = less leverage
0.16×
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MOFG
MOFG
MP
MP
Q1 26
$1.7B
Q4 25
$1.2B
Q3 25
$1.1B
Q2 25
$261.5M
Q1 25
$198.3M
Q4 24
$282.4M
Q3 24
$284.4M
Q2 24
$295.6M
Total Debt
MOFG
MOFG
MP
MP
Q1 26
$1.0B
Q4 25
$998.7M
Q3 25
$98.0M
$997.3M
Q2 25
$112.3M
$910.8M
Q1 25
$111.4M
$909.8M
Q4 24
$113.4M
$908.7M
Q3 24
$115.1M
Q2 24
$114.8M
Stockholders' Equity
MOFG
MOFG
MP
MP
Q1 26
$2.0B
Q4 25
$2.0B
Q3 25
$606.1M
$2.0B
Q2 25
$589.0M
$1.0B
Q1 25
$579.6M
$1.0B
Q4 24
$559.7M
$1.1B
Q3 24
$562.2M
$1.1B
Q2 24
$543.3M
$1.1B
Total Assets
MOFG
MOFG
MP
MP
Q1 26
$3.8B
Q4 25
$3.9B
Q3 25
$6.2B
$3.8B
Q2 25
$6.2B
$2.3B
Q1 25
$6.3B
$2.4B
Q4 24
$6.2B
$2.3B
Q3 24
$6.6B
$2.3B
Q2 24
$6.6B
$2.4B
Debt / Equity
MOFG
MOFG
MP
MP
Q1 26
0.51×
Q4 25
0.50×
Q3 25
0.16×
0.51×
Q2 25
0.19×
0.90×
Q1 25
0.19×
0.88×
Q4 24
0.20×
0.86×
Q3 24
0.20×
Q2 24
0.21×

Cash Flow & Capital Efficiency

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

Metric
MOFG
MOFG
MP
MP
Operating Cash FlowLast quarter
$17.7M
$-1.9M
Free Cash FlowOCF − Capex
$16.7M
FCF MarginFCF / Revenue
27.3%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
1.04×
TTM Free Cash FlowTrailing 4 quarters
$109.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MOFG
MOFG
MP
MP
Q1 26
$-1.9M
Q4 25
$-46.9M
Q3 25
$17.7M
$-42.0M
Q2 25
$24.9M
$-3.7M
Q1 25
$8.7M
$-63.2M
Q4 24
$63.2M
$30.5M
Q3 24
$-2.8M
$-6.8M
Q2 24
$25.2M
$30.8M
Free Cash Flow
MOFG
MOFG
MP
MP
Q1 26
Q4 25
$-109.3M
Q3 25
$16.7M
$-92.5M
Q2 25
$23.8M
$-32.7M
Q1 25
$8.3M
$-93.7M
Q4 24
$60.8M
$-11.2M
Q3 24
$-3.0M
$-53.3M
Q2 24
$24.6M
$-15.6M
FCF Margin
MOFG
MOFG
MP
MP
Q1 26
Q4 25
-207.4%
Q3 25
27.3%
-172.8%
Q2 25
39.5%
-56.9%
Q1 25
14.4%
-154.0%
Q4 24
124.2%
-18.3%
Q3 24
-7.9%
-84.7%
Q2 24
42.5%
-50.1%
Capex Intensity
MOFG
MOFG
MP
MP
Q1 26
Q4 25
118.5%
Q3 25
1.5%
94.3%
Q2 25
1.9%
50.5%
Q1 25
0.7%
50.1%
Q4 24
4.9%
68.3%
Q3 24
0.6%
73.8%
Q2 24
1.1%
148.7%
Cash Conversion
MOFG
MOFG
MP
MP
Q1 26
Q4 25
-4.97×
Q3 25
1.04×
Q2 25
2.50×
Q1 25
0.57×
Q4 24
3.87×
Q3 24
Q2 24
1.60×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MOFG
MOFG

Segment breakdown not available.

MP
MP

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

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