Millrose Properties, Inc.

MRP Real Estate Reit Residential

Millrose Properties, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $600.5 million.

Revenue
+17.7%
EPS
+24.3%
Free cash flow
+61.3%
Total debt
+45.4%

Quarter to September 2026, against a year earlier

26.40 0.53 −1.97%
Market cap
$4.1B
P/E
8.7×
Fwd P/E
8.3×
Dividend yield
11.6%
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Millrose Properties, Inc. (MRP) Free cash flow margin

Alert me on Free cash flow margin

Millrose Properties, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 0.00%, up 245.9 percentage points from fiscal 2025 (−245.9%). That is below the Reit Residential industry median of 27.6% and below the Real Estate sector median of 9.51%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 −245.9% (245.90)
FY2024 0.00% 0.00
FY2023 0.00% —

Free cash flow margin against peers

Company Free cash flow margin
AMH American Homes 4 Rent compare 46.4%
IRT Independence Realty Trust, Inc. compare 30.1%
ELS Equity Lifestyle Properties, Inc. compare 23.6%
JAN Janus Living, Inc. compare 23.2%
SUI Sun Communities, Inc. compare 22.8%
CPT Camden Property Trust compare 11.1%
UDR United Dominion Realty Trust, Inc. compare 3.89%
MRP Millrose Properties, Inc. 0.00%
UMH UMH Properties, Inc. compare −33.7%
Reit Residential industry median 27.6%
Real Estate sector median 9.51%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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