Stocks · Real Estate · REIT - Residential
Millrose Properties, Inc. MRP
$24.61 -2.34% Close, Oct 2, 2026 · NYSE · Market cap $3.80B
Strong growthHigh qualityInexpensive vs sector
Next earnings report: Oct 22, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Revenue over the last four quarters was $760.5M, up 10307.0% from a year earlier, accelerating from 761.8% a quarter earlier.
- Operating margin widened to 85.1% from -3594.9% a year earlier.
- Net debt is 3.7× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 1%
- Revenue growth accelerationTop 1%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 1%
- Gross marginTop 2%
- Operating marginTop 5%
- Cash conversion (OCF / net income)Top 13%
- Accruals (lower is better)Top 1%
- Net debt / EBITDA (lower is better)Top 20%
- Interest coverTop 10%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 11%
- Free-cash-flow yieldTop 1%
- EBITDA / enterprise valueTop 13%
- Sales / enterprise valueTop 43%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 34%
- 6-month returnBottom 32%
- 1-year return vs S&P 500Bottom 23%
- Distance from 52-week highBottom 33%
- Trend checklist (0–4)Bottom 22%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 40%
- Consecutive EPS beatsBottom 48%
- Share of analysts rating BuyTop 1%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 33%
- Maximum drawdown, 3 yearsTop 34%
- Beta vs S&P 500 (lower is better)Top 45%
- Net debt / EBITDA (lower is better)Top 20%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 761.8% | 10307.0% | ↑ |
| Gross margin | 118.4% | 96.1% | ↓ |
| Operating margin | -3594.9% | 85.1% | ↑ |
| FCF margin | -30728.7% | 687.1% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 10307.0% | 761.8% | ↑ | Top 1% |
| Gross margin | 96.1% | 118.4% | ↓ | Top 2% |
| Operating margin | 85.1% | -3594.9% | ↑ | Top 5% |
| Net margin | 62.6% | -3738.2% | ↑ | — |
| Free-cash-flow margin | 687.1% | -30728.7% | ↑ | — |
| Return on invested capital | -574.2% | — | Bottom 1% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -48.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -10300.2 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 3.75×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 4.1×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 9.80%
- Net buyback yield (TTM)
- 0.00%
- Shareholder yield
- 9.80%
- Share count change, 1 year
- -0.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 1 of 5
- Average EPS surprise, last 4
- -4.4%
- Average 2-day reaction, last 8
- -0.2%
- Positive 20 days after report
- 3 of 7
Analysts
- Analysts with a rating
- 3
- Share rating Buy or Strong Buy
- 100%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | +0.9% | +2.7% | +0.5% | +6.2% | — |
| May 6, 2026 | -3.5% | -6.3% | -11.6% | -8.5% | -7.0% |
| Feb 26, 2026 | +0.0% | +0.4% | +0.1% | -5.1% | -11.1% |
| Oct 23, 2025 | -14.9% | -0.7% | -2.8% | -11.8% | -7.4% |
| Jul 31, 2025 | -8.1% | -1.8% | +3.6% | +15.9% | +7.4% |
| May 14, 2025 | — | +4.4% | +7.4% | +3.7% | +17.6% |
| Mar 31, 2025 | — | -0.0% | -9.7% | -5.7% | +5.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $0.76 | $0.75 | +0.9% | $196.9M |
| May 6, 2026 | $0.74 | $0.77 | -3.5% | $194.9M |
| Feb 26, 2026 | $0.74 | $0.74 | +0.0% | $189.5M |
| Oct 23, 2025 | $0.63 | $0.74 | -14.9% | $179.3M |
| Jul 31, 2025 | $0.68 | $0.74 | -8.1% | $149.0M |
| May 14, 2025 | $0.39 | — | — | $82.7M |
| Mar 31, 2025 | $0.39 | — | — | $116.5M |
| Dec 18, 2024 | $0.16 | — | — | $116.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 8.6× | — | — | Top 11% |
| P/E (forward) | 8.0× | — | — | — |
| EV / EBITDA | 9.6× | — | — | Top 13% |
| EV / Sales | 8.20× | — | — | Top 43% |
| Free-cash-flow yield | 137.68% | — | — | Top 1% |
| Earnings yield | 11.66% | — | — | Top 11% |
P/E over the past five years
Range 10.1× – 16.4× since Jun 30, 2024. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -1.1%
- 200-day average slope (20 days)
- -0.9%
- Distance from 50-day average
- -15.6%
- Distance from 200-day average
- -16.3%
- RSI (14)
- 20.1
- Relative volume
- 4.34×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 27.7%
- Volatility vs own 5-year history
- 57th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.55
- Correlation with S&P 500
- 0.24
- Current drawdown from 1-year high
- -25.5%
- Maximum drawdown, 3 years
- -30.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Aug 28, 2025 | Oct 2, 2026 | -30.7% | 275 days | Not yet recovered |
| Feb 7, 2025 | Mar 11, 2025 | -20.6% | 21 days | 45 days (May 14, 2025) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $3.80B
- P/E (TTM)
- 8.6
- EPS, diluted (TTM)
- $2.87
- Revenue (TTM)
- $760.5M
- Dividend yield
- 12.47%
- 52-week range
- $23.44 – $34.03
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $600.5M |
| Gross profit | $0 | $0 | $0 | $512.7M |
| Operating income | -$193.1M | -$209.8M | -$246.2M | $486.1M |
| Net income | -$144.3M | -$209.8M | -$246.2M | $379.9M |
| EPS (diluted) | $0.00 | -$1.55 | -$1.48 | $2.44 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $123.7M | -$348.1M | $82.7M | $149.0M | $179.3M | $189.5M | $194.9M | $196.9M |
| Net income | $23.6M | -$449.3M | $39.8M | $112.8M | $105.1M | $122.2M | $122.9M | $125.9M |
| EPS (diluted) | $0.16 | -$2.71 | $0.39 | $0.68 | $0.63 | $0.74 | $0.74 | $0.76 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Operating cash flow | -$328.6M | -$865.1M | -$917.2M | $3.67B |
| Capital expenditure | $0 | $0 | $0 | $0 |
| Free cash flow | -$328.6M | -$865.1M | -$917.2M | $3.67B |
| Dividends paid | $0 | $0 | $0 | -$298.8M |
| Net share buybacks | $0 | $0 | $0 | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $34.2M
- Total assets
- $9.71B
- Total liabilities
- $3.86B
- Total debt
- $2.48B
- Net debt
- $2.44B
- Shareholders’ equity
- $5.85B
As of Jun 30, 2026 (filed Aug 4, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 5, 2026 | $0.79 | Oct 15, 2026 |
| Jul 6, 2026 | $0.77 | Jul 15, 2026 |
| Apr 2, 2026 | $0.76 | Apr 15, 2026 |
| Jan 5, 2026 | $0.75 | Jan 15, 2026 |
| Oct 3, 2025 | $0.73 | Oct 15, 2025 |
| Jul 3, 2025 | $0.69 | Jul 15, 2025 |
| Apr 4, 2025 | $0.38 | Apr 15, 2025 |
Short interest
- Shares sold short
- 7,816,747
- Days to cover
- 6.52
- Change vs previous report
- +8.0%
FINRA short interest, settlement date Sep 15, 2026.