Millrose Properties, Inc. (MRP)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | - | - | 0 | 0 | 0 | 600 | 761 | 811 |
| Operating profit | $m | 486 | 647 | ||||||
| Net profit | $m | - | - | -144 | -210 | -246 | 380 | 476 | 512 |
| EPS reported | $ | 2.44 | 2.87 | ||||||
| Operating cashflow per share | $ | 22.12 | 31.48 | ||||||
| Capex per share | $ | 0.00 | 0.00 | ||||||
| FCF per share | $ | 22.12 | 31.48 | ||||||
| Free cash flow | $m | 3,673 | 5,226 | ||||||
| Net debt | $m | 2,077 | 2,445 | ||||||
| Book value equity | $m | 5,856 | 5,852 | ||||||
| Book value per share | $ | 35.27 | 35.25 | ||||||
| Number of shares | m | 166.03 | 166.03 | ||||||
| DPS (TTM paid) | $ | 1.80 | 3.80 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 12.24 | 9.47 | ||||||
| P/B LTM | x | 0.85 | 0.85 | ||||||
| P/S LTM | x | 8.26 | 6.52 | ||||||
| P/FCF LTM | x | 1.35 | 0.95 | ||||||
| EV/EBITDA LTM | x | 14.30 | 10.78 | ||||||
| EV/Sales LTM | x | 11.72 | 9.36 | ||||||
| Earnings Yield LTM | % | +8.17% | +10.56% | ||||||
| FCF Yield | % | +74.07% | +105.39% | ||||||
| Quality | |||||||||
| ROE | % | +6.49% | +8.13% | ||||||
| ROIC | % | +5.08% | -5.74% | ||||||
| Operating margin | % | +80.95% | +85.11% | ||||||
| Gross margin | % | +85.39% | +96.07% | ||||||
| FCF/Sales | % | +611.67% | +687.11% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | - | - | ||||||
| Sales Growth YoY | % | - | - | ||||||
| Net Income Growth YoY | % | - | - | ||||||
| FCF Growth | % | - | - | ||||||
| Operating Profit Growth | % | - | - | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +6.03% | +9.92% | ||||||
| Dividend Growth | % | - | - | ||||||
| Payout Ratio | % | +73.76% | +102.08% | ||||||
| FCF/Debt | x | 1.74 | 2.11 | ||||||
| Net Debt/EBITDA | x | 4.22 | 3.75 | ||||||
| EBIT/Net interest | x | 5.30 | 4.09 | ||||||
| Net debt/market cap | % | +42.59% | +52.99% | ||||||
| Net debt/Equity | x | 0.35 | 0.42 | ||||||
| Gross debt/equity | x | 0.36 | 0.42 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
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.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
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.
- Independence Realty Trust, Inc.
- Canadian Apartment Properties Real Estate Investment Trust
- Advance Residence Investment Corporation
- Boardwalk Real Estate Investment Trust
- Killam Apartment REIT
- Emlak Konut Gayrimenkul Yatirim Ortakligi A.S.
- Comforia Residential REIT, Inc
- Daiwa Securities Living Investment Corporation
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