Saturday 17 October 2026
Export MRP’s income statement to Excel — free account
Millrose Properties, Inc.
MRP Real Estate Reit Residential
Millrose Properties, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $600.5 million. In the quarter to June 2026, revenue grew 32.1%, EPS grew 11.8%, free cash flow grew 61.3% and total debt rose 92.1%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
22.50
0.28
+1.26%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | — | — | — | 19.00 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | — | — | — | — | 36.00 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | — | — | — | — | ||||
| Revenue/emp, $m | — | — | — | — | — | — | — | — | — | 0.00 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | — | — | — | 600 | ||||
| Gross margin, % | — | — | — | — | — | — | — | — | — | 85.39 | |||||
| EBT | — | — | — | — | — | — | — | (210) | (246) | 400 | |||||
| EBT margin, % | — | — | — | — | — | — | — | 0.00 | 0.00 | 66.68 | |||||
| Net income | — | — | — | — | — | — | — | (210) | (246) | 380 | |||||
| Depreciation | — | — | — | — | — | — | — | — | 0 | 20 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | — | — | — | 3.62 | ||||
| Earnings | — | — | — | — | — | — | — | — | — | 2.44 | |||||
| Cash flow | — | — | — | — | — | — | — | 0.00 | 0.00 | 22.13 | |||||
| Capex | — | — | — | — | — | — | — | — | — | (31.02) | |||||
| Free cash flow | — | — | — | — | — | — | — | 0.00 | 0.00 | (8.89) | |||||
| Book value | — | — | — | — | — | — | — | 0.00 | 0.00 | 35.28 | |||||
| Shares, m | — | — | — | — | — | — | — | — | — | 166 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | — | — | 13.04 | ||||
| P/S | — | — | — | — | — | — | — | — | — | 8.26 | |||||
| P/B | — | — | — | — | — | — | — | — | — | 0.85 | |||||
| EV/Sales | — | — | — | — | — | — | — | — | — | 13.26 | |||||
| EV/FCF | — | — | — | — | — | — | — | — | — | (5.39) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | — | (865) | (917) | 3,673 | ||||
| Capex | — | — | — | — | — | — | — | — | — | (5,149) | |||||
| Free cash flow | — | — | — | — | — | — | — | (865) | (917) | (1,477) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | — | (253) | (283) | (563) | ||||
| Total debt | — | — | — | — | — | — | — | 33 | 24 | 3,039 | |||||
| Net debt | — | — | — | — | — | — | — | 33 | 24 | 3,004 | |||||
| Shareholders’ equity | — | — | — | — | — | — | — | 4,459 | 5,158 | 5,856 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | — | 0.00 | (4.82) | 5.50 | ||||
| ROIC | — | — | — | — | — | — | — | (2.92) | (2.97) | 3.43 | |||||
| ROE | — | — | — | — | — | — | — | 0.00 | (5.12) | 7.35 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Millrose Properties, Inc. vs peers in Reit Residential (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SUI Sun Communities, Inc. | $14.1B | — (loss-making) | 54.0× | +8.02% (above 0%: growing) | n/m | −12.76% (below 0%: shrinking) | 55.40% | 12.25% | Compare |
| MAA Mid-America Apartment Communities, Inc. | $13.8B | 34.1× | 40.5× | +0.95% (above 0%: growing) | +13.04% (above 0%: growing) | −3.86% (below 0%: shrinking) | 57.37% | 25.36% | Compare |
| CPT Camden Property Trust | $13.3B | 32.7× | 102× | −0.90% (below 0%: shrinking) | −75.68% (below 0%: shrinking) | −1,195.62% (below 0%: shrinking) | 64.13% | 12.20% | Compare |
| ELS Equity Lifestyle Properties, Inc. | $12.1B | 29.4× | 30.8× | +5.56% (above 0%: growing) | +19.05% (above 0%: growing) | +14.74% (above 0%: growing) | 51.52% | 32.00% | Compare |
| AMH American Homes 4 Rent | $11.1B | 24.8× | 44.5× | +2.75% (above 0%: growing) | +10.71% (above 0%: growing) | +24.76% (above 0%: growing) | 58.35% | 25.92% | Compare |
| IRT Independence Realty Trust, Inc. | $3.6B | 80.1× | 120× | +3.12% (above 0%: growing) | −51.67% (below 0%: shrinking) | −14.38% (below 0%: shrinking) | 57.36% | 15.51% | Compare |
| MRP Millrose Properties, Inc. | $3.4B | 7.8× | 9.3× | +32.11% (above 0%: growing) | +11.76% (above 0%: growing) | +61.32% (above 0%: growing) | 84.81% | 85.16% | |
| UMH UMH Properties, Inc. | $1.3B | 127× | 111× | +7.50% (above 0%: growing) | +66.67% (above 0%: growing) | −8.46% (below 0%: shrinking) | 55.24% | 18.78% | Compare |
| CSR Centerspace | $989.4M | 43.4× | — (loss-making) | −4.04% (below 0%: shrinking) | n/m | +133.15% (above 0%: growing) | 86.14% | 13.35% | Compare |
| Median of peers | $11.6B | 34.1× | 54.0× | +2.94% | +11.88% | −6.16% | 57.37% | 17.15% |
Millrose Properties, Inc. (MRP) key facts
- Millrose Properties, Inc. (MRP) is a Reit Residential company in the Real Estate sector, listed on the New York Stock Exchange.
- Millrose Properties, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $600.5 million.
- As of October 16, 2026, MRP traded at $22.50, a market capitalization of $3.4 billion.
- Millrose Properties, Inc. pays an annual dividend of $3.07 per share, a yield of 13.6%, with a payout ratio of 107.0%.
- Return on equity was 7.35% and debt-to-equity 0.59.