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Millrose Properties, Inc. (MRP)

29.69 +0.10 (+0.34%)
At close: September 11 at 4:00:02 PM EDT
29.69 0.00 (0.00%)
After hours: September 11 at 4:33:40 PM EDT
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Millrose Properties, Inc. is the premier permanent capital solution for residential homebuilders and developers. The company specializes in the acquisition, financing and development of residential land through long-term, capital-efficient structures. The company also provides homebuilders with a predictable, just-in-time supply of finished homesites – the scarcest and mission-critical resource in the homebuilding industry. Millrose utilizes a proprietary technology platform that provides real-time feedback and data analytics to drive acquisition decisions. Every transaction in the Millrose portfolio undergoes rigorous independent due diligence to ensure attractive yields and long-term viability. By enabling an asset-light model, Millrose provides its diverse roster of homebuilder partners with the strategic flexibility to maintain production volumes and optimize balance sheet efficiency across all market environments. Millrose Properties, Inc.is based in Miami, United States.

millroseproperties.com

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Full Time Employees

December 31

Fiscal Year Ends

Performance Overview

Trailing total returns as of 9/11/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

MRP
7.53%
S&P 500 (^GSPC)
11.85%

1-Year Return

MRP
5.72%
S&P 500 (^GSPC)
16.24%

3-Year Return

MRP
38.09%
S&P 500 (^GSPC)
70.63%

5-Year Return

MRP
38.09%
S&P 500 (^GSPC)
71.74%

Earnings Per Share

 

Revenue vs. Earnings

Q2 FY26
Revenue 196.85M
Earnings 125.88M
Profit Margin 63.95%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
50M
100M
150M
60.0%
62.0%
64.0%
 

Analyst Price Targets

35.00
37.17 Average
29.69 Current
40.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Latest Rating

Date 10/29/2025
Analyst Citigroup
Rating Action Maintains
Rating Buy
Price Action Raises
Price Target 34 -> 38
 

Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    62.60%

  • Return on Assets (ttm)

    4.58%

  • Return on Equity (ttm)

    8.12%

  • Revenue (ttm)

    760.54M

  • Net Income Avi to Common (ttm)

    476.06M

  • Diluted EPS (ttm)

    2.87

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    34.17M

  • Total Debt/Equity (mrq)

    42.58%

  • Levered Free Cash Flow (ttm)

    -1.38B

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