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

25.98 0.52 −1.96%
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) Operating margin

Alert me on Operating margin

Millrose Properties, Inc.'s operating margin over the twelve months to 30 September 2026 was 85.2%, up 4.2 percentage points from fiscal 2025 (81.0%). That is above the Reit Residential industry median of 20.6% and above the Real Estate sector median of 17.8%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 81.0% 80.95
FY2024 0.00% 0.00
FY2023 0.00% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 85.5% 0.36
Jun 2026 85.2% (0.04)
Mar 2026 85.2% 0.38
Dec 2025 84.8% (0.44)
7 more quarters

Operating margin against peers

Company Operating margin
MRP Millrose Properties, Inc. 85.2%
UDR United Dominion Realty Trust, Inc. compare 52.2%
ELS Equity Lifestyle Properties, Inc. compare 34.6%
SUI Sun Communities, Inc. compare 21.7%
UMH UMH Properties, Inc. compare 18.4%
CPT Camden Property Trust compare 17.9%
IRT Independence Realty Trust, Inc. compare 16.6%
AMH American Homes 4 Rent compare 0.00%
JAN Janus Living, Inc. compare −3.47%
Reit Residential industry median 20.6%
Real Estate sector median 17.8%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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