Millrose Properties, Inc. (MRP)

NYSE · Real Estate · REIT - Residential

$22.51−5.50%as of Oct 6, 2026, 1:35 AM ET

Market cap
$3.7B
P/E (trailing)
7.8
Forward P/E
7.0
Dividend yield
14.0%
52-week range
$21.85 – $33.49
52-week change
−23.12%
EPS (trailing)
$2.87
Analyst rating
1.3 Strong buy
Next earnings
Nov 11, 2026

Fiscal year to Dec 2025

Revenue
$600M
Net income
$380M
Operating margin
80.9%
Diluted EPS
$2.44

From the company’s annual report on SEC EDGAR.

About Millrose Properties, Inc.

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.

Headquarters: Miami, United States · millroseproperties.com