Millrose Properties, Inc. (MRP) Stock Analysis
Real Estate · REIT - Residential · NYSE
Millrose Properties, Inc. (MRP) posted $600.46M in revenue for fiscal 2025, at a 67.4% net margin, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Millrose Properties, Inc.
Millrose Properties, Inc. has grown revenue from $0 to $600.46M over the last 3 fiscal years.
Net margin sits at 67.4%.
Synthesised from Millrose Properties, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Millrose Properties, Inc. revenue & earnings — last 3 fiscal years
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $0 | $0 | $600.46M |
| Gross profit | — | — | — |
| Net income | $-209.79M | $-246.22M | $404.82M |
| Net margin | — | — | 67.4% |
Source: Millrose Properties, Inc. SEC filings (10-K).
Millrose Properties, Inc.: no obvious red flags in the filings
Our deterministic scan of the filed statements — receivables vs sales, earnings vs cash, dilution, leverage and margins — didn't flag anything. Ask about the risks →
Explore 3 years of Millrose Properties, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Millrose Properties, Inc. financial history by metric
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About Millrose Properties, Inc.
Millrose Properties, Inc. is the premier homesite option platform for residential homebuilders. The company specializes in the acquisition and horizontal development of land to provide a predictable, just-in-time supply of finished homesites the scarcest and mission-critical resource in the homebuilding industry. Unlike traditional land bankers, 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.
Millrose Properties, Inc. — frequently asked questions
What is Millrose Properties, Inc.'s revenue?
Millrose Properties, Inc. (MRP) reported revenue of $600.46M for fiscal year 2025, according to its SEC filings.
Is Millrose Properties, Inc. profitable?
Yes. MRP earned net income of $404.82M in fiscal 2025, a net margin of 67.4%.
What is MRP's P/E ratio?
Millrose Properties, Inc. trades at a price-to-earnings ratio of about 10.3 based on the latest data in our nightly-refreshed cache.
How much debt does Millrose Properties, Inc. have?
As of fiscal year 2025, MRP carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Millrose Properties, Inc.'s market cap?
Millrose Properties, Inc. (MRP) has a market capitalization of about $4.79B, based on the latest data in our nightly-refreshed cache.
When does Millrose Properties, Inc.'s fiscal year end?
MRP's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Millrose Properties, Inc.'s official SEC filings (10-K and 10-Q), covering 3 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.