TMC the metals company (TMC) vs USA Rare Earth (USAR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
USA Rare Earth (USAR) has outperformed TMC the metals company (TMC) over the past year, losing 53.2% versus a loss of 62.1%. USA Rare Earth is the larger company by market cap ($4.96 billion vs $1.55 billion), about 3.2 times the size.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | TMC | USAR |
|---|---|---|
| Share price | $3.52 | $13.23 |
| Market cap | $1.55B | $4.96B |
| 1-day change | -4.86% | -3.71% |
| YTD return | -42.95% | +11.18% |
| 1-year return | -62.07% | -53.20% |
| 5-year return | -5.12% | — |
| Forward P/E | — | 441.00 |
| EPS (TTM) | $-0.73 | $-2.49 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | — | $1.64M |
| Net income (latest FY) | — | $-297.56M |
| Gross margin | — | 11.87% |
| Operating margin | — | -3621.61% |
| Net margin | — | -18110.71% |
| 52-week high | $11.35 | $43.98 |
| 52-week low | $3.40 | $11.45 |
| Distance from 52-week high | -68.99% | -69.92% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +209.66% | +168.78% |
| Average volume | 5.23M | 12.21M |
| Shares outstanding | 441.14M | 375.08M |
| Employees | 48 | 132 |
| Sector | Basic Materials | Basic Materials |
| Industry | Metal Mining | Metal Mining |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- USA Rare Earth is about 3.2 times larger than TMC the metals company by market value ($4.96B vs $1.55B).
About TMC the metals company
TMC stock →TMC the metals company Inc., a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products.
Basic Materials · Metal Mining · 48 employees
About USA Rare Earth
USAR stock →USA Rare Earth, Inc. engages in mining, processing, and supplying rare earths and other critical minerals in the United States, Europe, and Asia.
Basic Materials · Metal Mining · 132 employees
TMC vs USAR FAQ
Which is bigger, TMC the metals company or USA Rare Earth?
USA Rare Earth (USAR) is larger, with a market capitalization of $4.96B compared with $1.55B for TMC the metals company (TMC).
Which stock has performed better over the past year, TMC or USAR?
USAR returned -53.20% over the past 12 months, compared with -62.07% for TMC (price return, excluding dividends). Past performance does not predict future results.
Are TMC the metals company and USA Rare Earth in the same industry?
Yes. Both are classified in the Metal Mining industry within the Basic Materials sector.